How A Penny Became A Thousand Pounds is a book written by Robert Kemp Philp and first published in 1856. The book tells the story of a young boy who saves a penny and invests it wisely, ultimately turning it into a thousand pounds. Through this story, Philp aims to teach children the importance of saving and investing their money wisely.The book is written in a simple and engaging style, making it easy for children to understand and follow along. It includes illustrations and examples of different investment strategies, such as buying stocks and bonds, as well as practical advice on how to save money and avoid unnecessary expenses.In addition to its financial lessons, How A Penny Became A Thousand Pounds also emphasizes the values of hard work, perseverance, and patience. The main character, the young boy who saves the penny, demonstrates these qualities throughout the story, and readers are encouraged to emulate his example.Overall, How A Penny Became A Thousand Pounds is a timeless classic that continues to be relevant today. It offers valuable lessons on financial literacy and personal responsibility, making it a must-read for children and adults alike.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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