Page:Works of the Late Doctor Benjamin Franklin (1793).djvu/202

192 Yet, in buying goods, it is beſt to pay ready money, becauſe, he that ſells upon credit, expects to loſe five per cent. by bad debts; therefore he charges, on all he ſells upon credit, an advance that ſhall make up that deficiency.

Thoſe who pay for what they buy upon credit, pay their ſhare of this advance. He that pays ready money, eſcapes, or may eſcape, that charge. A penny ſav'd is two-pence clear; A pin a day's a groat a year.