False ambition is one prolific source of false economy, and it is truly pitiable to see the woeful ignorance that exists regarding true economy....People coming up with big schemes, ostensibly to save money, that end up wasting money. What does that remind me of? Pretty much everything now-a-days.
...A lack of a knowledge of true economy keeps many a family in squalor and filth. True economy consists in a рrореr adjustment of time, strength and money. It does not consist solely in saving money; it may consist in spending it.The difference between economizing and economics is that economizers will talk about both saving and spending money while economists will only talk about spending it. It's no wonder the government hires all sorts of the latter, but not a single one of the former.
--From Good Housekeeping--