better a steady dime than a rare dollar - Definition & Meaning

used to suggest that it is preferable to have a steady and dependable source of income or wealth, even if it is modest, rather than relying on occasional large sums that may not be sustainable or reliable

The proverb "better a steady dime than a rare dollar" reflects traditional financial wisdom, though its exact origin is unclear. This saying highlights that having a modest but dependable income is more beneficial in the long run than relying on occasional large sums that may not be sustainable or guaranteed. It serves as a reminder that financial security often comes from steady, continuous effort rather than unpredictable gains.

When Tom was offered a high-risk investment opportunity with the potential for a big payout, he remembered the saying better a steady dime than a rare dollar and decided to invest his money in a more stable option.