In the Middle Ages alchemists puzzle long into the night trying to figure out how to take a lump of lead and convert it by a mixture of magic and science into a valuable piece of gold. They did not, could not, know that all their efforts were doomed to failure. However, in their quest many interesting discoveries that led on to vast fortunes for someone were uncovered.
This saying is telling us that rather than burn the midnight oil seeking a way to boost our fortunes we should consider saving on costs. A penny saved is a penny gained.
It is worth pondering that in order to gain 100 dollars it is necessary for most people to earn 100 dollars plus tax, and if you are self-employed, expenses. On the other hand if you cut your expenditure by 100 dollars you gain exactly that. Eliminate waste and gain the benefit.
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