ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -This expression comes from Benjamin Franklin, one of the Founding Fathers of the United States.

Detailed explanation-2: -Benjamin Franklin said it best, “Money makes money. And the money that money makes, makes money.” Plan ahead and learn to use compound interest and the Rule of 72 to your financial benefit.

Detailed explanation-3: -Time Is Money is an aphorism that is claimed to have originated 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."

Detailed explanation-4: -“Well done is better than well said.”

Detailed explanation-5: -Benjamin Franklin used the phrase ‘time is money’ in his book, Advice to a young tradesman, which means that time should be spent wisely so that one can earn money, and if this time is wasted, then all the opportunities to make money are lost.