the concept of managing money

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A penny saved, a penny earned.That's the thought of poor dad. It means that if you could spend less money, it would be like you earn some money in the same way. Our older generation of people often share this saying with us. It is a virtue of thrifty. It is necessary for us to budget our money and make ends meet when we are in an economic depression era. Nowadays, the average people has changed this concept of managing money. They do many investments to make a larger profit and make much more money than before. Younger generations of people may buy luxury stuff that their parents couldn't afford to buy before. They have the ability to make a penny become a dollar amd they can use little money to make much more money. That's the thought of rich dad. Anyway, the thought of rich and poor dad should be cherished at the same time becasue they are good concepts of managing money.