Continuing our January theme of John Templeton’s relationship with thrift, we have more today from step 12 of The Templeton Plan. If these writings resonate with you be sure to join our campaign to Bring Back National Thrift Week, either by visiting the official website or by becoming a fan on Facebook.

John Templeton loves to quote Charles Dickens’s Mr. Micawber on the subject of thrift: “Annual income twenty pounds, annual expenditure nineteen ninety-six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” To Templeton, that observation is at the heart of the difference between those bound for success and those who will flounder and perhaps never find their way.