Fools make feasts, and wise men eat them.

Meaning: Foolish spenders throw lavish parties while prudent people enjoy free entertainment without the financial burden.

Origin: Recorded in A Dictionary of English Proverbs and Proverbial Phrases, an undated collection published in London by Whittaker & Co. around 1880 and credited to Thomas Preston. Its earlier history hasn't been traced.

Equivalents in Italian

  • Italian: I matti fanno le feste, ed i savi le godono (literally: Fools make feasts, and wise men eat them)

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