||In times past thrift was encouraged while debt was condemned. But more recently the notion of debt has replaced thrift as the way to ease poverty. A few recent examples demonstrate that poor people can and will save if given proper opportunities and incentives. Compared to a euro borrowed, a saved euro is more useful because it is cheaper and less risky. The benefits of savings/deposits for individuals, financial intermediaries, and the economy in general are summarized in the article. The author concludes that poor people would be better served if more emphasis was placed on deposits and less emphasis given to credit.