Meaning & Analysis
Saving a small amount of money, like a groat (an old coin of little value), is a poor decision if the act of saving it brings shame or dishonor to the person responsible.
Insights
False Economy
The proverb is a caution against counterproductive frugality. It argues that certain savings are not worthwhile if they incur a greater cost in reputation, honor, or relationships. True economy considers all outcomes, not just the immediate financial one.
Reputation over Riches
It establishes a clear hierarchy of values where intangible assets like honor, dignity, and public respect are more important than minor monetary savings. A good name is worth more than a pocketful of small change.
The Responsibilities of Leadership
The 'master' represents anyone in a position of authority or responsibility. The proverb implies that leadership requires a sense of propriety and generosity, and that petty stinginess is a failure of leadership that undermines one's standing.
The Hidden Costs of Parsimony
It advises looking beyond the obvious balance sheet to see the hidden costs of a decision. The 'shame' is a metaphor for all the negative, non-monetary consequences—like lost trust, poor morale, or damaged relationships—that can result from a seemingly prudent but ultimately unwise action.
Reputation as Social Capital
The proverb offers a sophisticated critique of 'false economy', where the tangible, immediate gain of saving a small coin (a 'groat') is weighed against the intangible but far more significant loss of reputation ('shame'). It reflects a social structure where a 'master's' honor was a form of capital, essential for maintaining authority, credit, and social standing. Dishonor was not just a personal feeling but a public and economic liability.
Modern Business Parallel
This saying serves as a timeless warning in business and leadership. A leader or company that makes petty cuts—sacrificing quality, underpaying staff, or being ungenerous—to save a small amount of money risks catastrophic damage to their brand and morale. The 'shame' manifests as lost customer trust, poor employee retention, and public ridicule, costs that far exceed the initial 'groat' saved.
Psychology of Miserliness
Psychologically, the proverb targets the miser's mindset, a cognitive distortion where the value of money becomes absolute, detached from its real-world utility and social consequences. It argues for a more holistic form of accounting, where ethical and social costs are factored into any financial decision.
Rhetorical Devices
Juxtaposition
The proverb's power comes from the stark contrast between the trivial value of the 'groat' and the profound weight of 'shame', making the argument that one cannot compensate for the other.
Symbolism
The 'groat' serves as a potent symbol for any small, petty, or short-sighted saving, while the 'master' symbolizes authority, reputation, and the burden of maintaining honor.
Aphoristic Statement
The proverb is structured as a concise, balanced aphorism, making its moral lesson easy to remember and apply. Its declarative tone presents the idea not as advice, but as an established truth.
Transcription
Quotations
(That groat).
(That groat).
(That Groat).
Related Proverbs
Original Scan

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