A beggar can never be bankrupt
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Definition & Meaning of "a beggar can never be bankrupt"

a beggar can never be bankrupt
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used to imply that someone who has nothing cannot experience financial ruin, as they have no material possessions or assets to lose, emphasizing the importance of simplicity and humility in life

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What is the origin of the proverb "a beggar can never be bankrupt" and when to use it?

The origin of the proverb "a beggar can never be bankrupt" is unclear, as it reflects a common sentiment that has appeared in various forms across different cultures. It highlights the idea that those who live with minimal material wealth may avoid the stresses and consequences of financial collapse, emphasizing the value of simplicity and humility. The saying reflects the notion that financial struggles are less burdensome when one is not attached to wealth or possessions.

example
Example
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Even though I'm poor, I'm happy because I know that a beggar can never be bankrupt.
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