A Penny Saved Is A Penny Earned Essay

The author of this book, Dave Ramsey, is a man who has gone through many struggles in his life. Throughout his book he talks about the times when he went bankrupt and couldn’t provide for his family. Dave Ramsey sat down and wrote a plan on how to be smart with your money. Ramsey says, “The principles are not mine. I stole them all from God and your grandmother” (xi). He talks about how these are not new ideas and that these are not theories because they are proven to work every single time. The central concept of this book is to help people succeed in life with money but also their personal relationships. Ramsey wants to give people hope and happiness by playing a small role in their financial freedom.

As illustrated, by Maria Story “ The one-cent piece, commonly referred to as the “penny” has been apart of United States history for over two-hundred years” (Story). As can be seen, the American penny has been around for centuries. Who’s to say that phasing out this coin won't affect America? To dig even deeper, Story describes how the penny has affected the U.S. “ The history of the penny reveals more than just a coin-it exposes a piece of American culture. The one-cent piece has influenced our languages…” (Story). As noted, the penny has not only shaped America's culture, but the language too. Taking away the penny will tear a piece of American identity. To conclude, the penny should remain a part of U.S. economy because of its influence in American language and culture.

The penny debate has been going on for many years. Many people want to get rid of the penny, but others want to keep the penny. We should keep the penny. The penny is a benefit in our society.

The Walls family has always had a problem with budgeting. Multiple times in the book there are good lumps of money that the Walls family have acquired that could be used to buy what they need. For instance, “‘You mean you own land worth a million dollars?’ I was thunderstruck. All those years in Welch with no food, no coal, no plumbing, and Mom had been sitting on land worth a million dollars?. . . Could she have solved our financial problems by selling this land she never even saw?”(273). Instead, however, they continued to have their children live in extreme poverty and, bottom line, fend for themselves. They took the

Barbara Ehrenreich's intent in the book Nickel and Dimed: On (Not) Getting By in America exhibited how minimum wage isn't enough for Americans to get by on and that there's no hope for the lower class. Her main objective was achieved by living out the life of the "working poor". During the three cases studies she worked many jobs that are worked by many that are simply striving to live day to day. The jobs she had didn't generate sufficient income to avoid or help her rise out of poverty, in fact the six to seven dollar jobs made survival considerably difficult. Enitially, she believe the jobs didn't require any skill but while on her journey she started to realize they were stressful and drained a lot of energy. In addition to that she

The penny must be eliminated as quickly as possible. The United States is in massive debt and instead of cutting programs which are vital to the economy and to citizens of the United States, the United States must find ways to cut expenses in parts that are often over looked. One great way to cut down on unnecessary spending is the penny. Believe it or not, the penny, the smallest denomination of currency in the United States is a huge waste of money. The one cent denomination has no use. You can no longer “buy anything with a penny” anymore. (William) The only use the penny has is to pay for the taxes, which, can be rounded off to the nearest nickel thus obliterating the need for a penny.

“A penny saved is a penny earned,” to quote Benjamin Franklin. Unfortunately a penny saved is not worth a whole lot anymore. Like many other once useful things the penny has become obsolete. The production and use of the penny in the United States monetary system should be abolished.

Should we keep the penny? The US has been considering abolishing the penny we should keep the penny because of the History and it's valuable to charities and sentimental value

A journalist who has Ph.D in biology wanted to know how people could live with just seven dollars per hour. In Nickel and Dimed, the author, Barbara Ehrenreich, introduces how people live with low-wage jobs. She told that employers sometime see their employees as potential criminal, their employees' work environments do not suit for their works, and the employees's wages does not satisfy what they need to survive.

In the pugnacious article "Thrift: The Rebirth of a Forgotten Virtue," the writer Daniel Akst uncovers the characterization and slant of the utilization of thrift. Throughout the article, Akst gives a few perspectives and cases of certain powerful individuals and their perspectives. Alongside the different perspectives of the individuals, there are numerous quotes from well respected people. When Akst uncovers his actual position on thrift towards the closure of his factious article, he trusts that thrift makes solidness. The targeted group that Akst aims for is the general population of money spenders in America. His intention of composing this article is to advise individuals about thrift and that by thrifting you make budgetary opportunity. The rhetorical analysis strategies that will be exemplified are pathos, as well as logos. Daniel Akst is successful in his contention that thrift makes opportunity with illustrations of hurried speculations, quotes of persuasive individuals and measurable proof.

Money is the crux of society. Without it, anarchy would break out. Bargaining would fail as people would claim the trade wasn’t fair, thievery would explode across the globe, lazy people would do nothing, and people wouldn’t have motivation to do anything but help their own family and selves. Yet, while everyone knows money is important, is ALL money important? For centuries, the penny has been part of American currency. And back in the day, it served a great purpose. Pennies could buy candies, breads, and many other things all on their own. But as time has changed, so has the value of the penny. As costs went up, the value of the penny went down. And with its lesser value, some people wonder if it’s even worth it to keep the penny around. But the answer to that little puzzle is as easily seen as a jigsaw meant for four years olds is put together. The penny must be kept.

To accomplish this, she provided herself a small amount of startup money, and traveled to multiple locations around the United States where she conducted her “experiment”. She went to Key West, FL; Orchard Beach, ME; and Minneapolis, MN; and found employment and a place to live, with a goal of saving enough by the end of the month to pay the next month's rent. Her employment consisted of restaurant waitress and hotel maid in Florida, nursing home aide and a house cleaning maid in Maine, and a Wal-Mart associate in Minnesota.

The penny is practically worthless to many people in our country. In a Gallup Poll of 1,002 adults conducted from June 11 of this year displayed shocking results. Nearly 75% of those adults would stop and pick a penny that is present on the ground. About 40% of men and 35% of women would walk passed a penny that is on any type of surface. This poll also found that 58 percent of Americans stash their pennies in piggy banks, jars and drawers. Some Americans redeem their cents at banks or coin-counting machines, but 2 percent admitted they toss them into the trash. They consider the penny a nuisance to many fellow Americans. This sentiment has been growing through recent years. The penny is basically obsolete and should be removed from American currency.

When walking through the streets, have you noticed penny coins on the ground? If you did, did you wonder why? People today don’t find value in pennies, so when dropped, they don’t bother to pick them up. They degrade penny coins and want to eliminate the coins. Penny coins shouldn’t be eliminated because it has history and is valuable.

You find them behind couch cushions, in the pair of pants you tossed in the laundry, or most often, just sitting in a jar—pennies. This one-cent coin has been in circulation since the late 1700s, but within the last 10 years, they have become more costly to produce than they’re worth. This has led to discussions about whether we should keep the penny, or drop it to save money. After hearing both sides of the argument, it only makes sense to stop producing the penny, benefiting everyone who has been using these outdated coins.