Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1878-11-15

DIV staten wages Tor another. In the
.attet case his monthly pay check tells
exactly what his income is. If fac
.abors for himself, furnishes his own ]
tools and stock, and perhaps employs
OtHers to assist, the difficulty of deter
mining his income is increased, his
chance for gain is increased, The
sources of his thrift are multiplied,
and his danger of failure and loss by
neglect is increased =" The eyes of
the master are worth both his hands,"
But no matter what tho difficulty he
must get at his exact income and
scale the prices of his labor and ma
terlal so as to keep the balance on the
profit side.
This knowledge OF the exact income
the basis Of all his OUTLAWS
ami savings. Without it one cannot
tell whether he is gaining or losing
an accurate account Of expenses
must be kept. There are three ways
of doing this. Debts may be kept
from accommodating, and SO the general
run of expenses my be judged of, |
Cash IN the pocket from month to
month may be counted and so gene
raj estimate formed of expenses. But
a better way is to keep an eXact1
itelnized account Of receipts and ex-
penditures, and balance it monthly
and yearly. Then by comparing the
balance at any time with the cash in
pocket its accuracy may be d0ler-
mined. The advantages of tins
itemized method are that it permits
review of the items for which cash as
been paid at any time, and also en-
ables one to know exactly what it
costs to live from month to month and
year TO year, and So enables one if he
desires to keep expenses under the
monthly and yearly income. If any
one month exceeds the account some
other month must be brought as far
below it OF there is ruin ahead.
SuperfuHieS must be CIT of. The
multitude of five, ten, fifteen and
twenty cent purchases many of which
are unnecessary, must be cQrtailed.
The itemized account enables one to
know what large sum they amount
20 during single year, and how
utterly useless nine-tenths of them
are. Five cents for n cup Of pea nuts.
ten cents for cigar, fifteen cents for
candy, and twenty cents for a cheap
novel, repeated over and over again
and varied infinitely as to kind of
purchase bat not as to price, amount
to large sums Of money in the end.
The saving Of only that amount would
pr dH9e thrift in the average villager.
Sut there are other leaks. Two
mended coats will last AS long as one
new one and save purchasing one suit
out of three. One plain dinner per
week viii do as well as to have all the
seven good ones. Five dollars saved
two OF three times per year from
"splurges" will not diminish ones
happiness materially. rhe rum and
beer bills. the tobacco and cigar bills,
the horse and theatre bills. the dance
and show bills can all be saved.
These savings are all in the line Of
thrift.
Supplies can be bought in quantity
much cheaper than from HAND to mouth
Flour for the family can be bought in
quantity to last year. Sugar, tea,
coffee, soap, lard, and other gro,
ceries can be bought in yearly qan.
titles at wholesale prices. The SAVING
will amount TO what the retail grocer
gets rich on. Potatoes and apples
by the barrel or the ten bushels. meat
by the quarter, butter by the tub, anC
other things in proportion, can be
bought at an average saving Of twenty
per cent. IF it has cost FIVE hundred
dollars to support the family this re
duces it to four hundred dollars in ter
yea saved for thrift without count
ing interest.
Nuke an Investment. Put q square
mortgage Oh somebody's farm o.
house, buy house or forty acre
lot 81 woodland, or hold govern
ment bond with gold coupons. Sucl
aa investment attained to as early il
life as possible has two very bene
fetal effects aside from its own indi
yidual value. 1t keeps man steady
1T is check on much wild manage
ment. The man is responsible theI
before the law. He has an estate tina
can be attached. SO be looks sharl
after his chances. And it also ha
the effect of calling for more. Tn
man with one mortgage wants twl
and plans to save to get the seconC
one. The man with forty acres want
eighty acres, and he soon save
enough to buy them. The man will
one government bond wants two AM
and he soon gets to he " bloatet
bond holder" These things arr
, within the reach Of every Industrious
, careful, laboring man in the village.
They are OF themselves a healthy
thriftiness, Where they exist th
outward signs will follow, the famil,
responsibility will he assured, and tn,
personal sentiment of worfhiness vii
he gained. Look we'll to these thing
villagers,