Beware of little expenses (, a small leak will sink a great ship)

Definition & Meaning of "beware of little expenses (, a small leak will sink a great ship)"

beware of little expenses (, a small leak will sink a great ship)

used to advise that small or seemingly insignificant expenses can add up over time and have a significant impact on one's finances

Proverb

What is the origin of the proverb "beware of little expenses" and when to use it?

The proverb "beware of little expenses" is often attributed to Benjamin Franklin, appearing in his well-known work 'Poor Richard's Almanack' from the 18th century. The saying serves as a reminder to manage even the small details of spending carefully, as they can ultimately contribute to larger financial challenges if left unchecked. It emphasizes the need for awareness and discipline in all aspects of money management.

Example

When planning a trip, I always try to remember the saying ' beware of little expenses' and factor in all the smaller costs like transportation and food, as they can add up quickly.