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Time is money (aphorism)

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An 1837 clock-themed token coin with the phrase "Time is money" inscribed

"Time is money" is an aphorism that is claimed to have originated[1] in "Advice to a Young Tradesman", an essay by Benjamin Franklin that appeared in George Fisher's 1748 book, The American Instructor: or Young Man's Best Companion, in which Franklin wrote, "Remember that time is money."[2]

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However, the phrase was already in print in 1719 in the Whig newspaper The Free-Thinker: "In vain did his Wife inculcate to him, That Time is Money ..."[3]

The saying is intended to convey the monetary cost of laziness, by pointing out that when one is paid for the amount of time one spends working, minimizing non-working time also minimizes the amount of money that is lost to other pursuits.[4]

Outside of a purely pecuniary context, similar sentiments about time spent have been expressed since time immemorial, such as the famous essay De Brevitate Vitae by Seneca the Younger.

See also

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References

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  1. ^ Ganel, Opher (2022-07-09). ""Time is Money" Doesn't Mean What You Think It Means". Medium. Retrieved 2023-02-28.
  2. ^ Franklin, Benjamin. "Advice to a Young Tradesman, (21 July 1748)". Founders Online. National Archives and Records Administration/University of Virginia Press. Archived from the original on August 23, 2019. Retrieved November 1, 2019.
  3. ^ The Free-Thinker, vol. III, from Lady-day to Michaelmas, 1719. London. 1723. p. 128.
  4. ^ Chayka, Kyle (June 14, 2017). "Time is Money. But that doesn't mean you need to work non-stop". Pacific Standard. Archived from the original on August 23, 2019. Retrieved November 1, 2019.