"A penny saved ... " is one (5)

I believe the answer is:

adage

(Other definitions for adage that I've seen before include "Proverb expressing a general truth" , "Old saying; proverb" , "Saw, proverb" , "Proverb, maxim" , "Well-remembered proverb or saying" .)

I've seen this clue in the LA Times.

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