A Dollar Saved is Two Dollars Earned but Two Dollars Earned is Twenty Dollars Saved.

Once in a while in personal finance literature, we will come across an article about the advantages of saving money.  The phrase “a dollar saved is two dollars earned” or something similar often comes up since it’s so catchy.  After all, the savings are after taxes, and it’s always about how much you can keep and not about how much you earn right?

While many of those articles are true that savings is certainly very important, I feel that it underplays the importance of earning money.