Benjamin Franklin is known for many things, particularly his advice and reflections on morality, practical living, and self-discipline, catalogued in many personal letters and items written underpen names. How well he followed his own advice may be up to debate; still, much of his advice remains timeless and applicable—even in the digital age.
We recently came across this awesome letter, which encapsulates the “pay it forward” concept. Franklin sent the letter to Benjamin Webb in 1784, along with an amount of money to start a business. In it he explains the terms of the “loan” and his reasoning.
“I send you herewith a bill for ten louis d’ors. I do not pretend to give you such a sum. I only lend it to you.
When you shall return to your country, you can not fail of getting into some business, that will in time enable you to pay all your debts. In that case, when you meet with another honest man in similar distress, you must pay me by lending this sum to him; enjoining him to discharge the debt by a like operation, when he shall be able and shall meet with such another opportunity, I hope it may thus go through many hands before it meets with a knave that will stop its progress.
This is a trick of mine for doing a deal of good with a little money. I am not rich enough to afford much in good works, and so am obliged to be cunning and make the most of little.”
—Benjamin Franklin
It’s an inspiring little piece to remember to honor those who have helped you along the way—and think of ways to help others in need.
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