The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1885-01-07
SYSTEMATIC SAVING
How n Competency can be Secured In Time
ON n Salary.

With the bulk of our people the saving of
small amounts in some regular, systematic
way opens the only possibility of attaining
a competency or little sum for rainy
day. Some one has said it is the first $780,
900 on the way to fortune that means hard
work and pinching economy. After that
all is easy. And it is so; whether we gain
fortune or not, the start always involves
small and sharp economy. Where this is
practised it often becomes the basis to after
prosperity. But where this does not follow
1t provides for the emergencies that are
sure to come to all. There ore ways of
saving which can be adopted and which,
once entered on, become habitual and easy.
Or course, the beginning of oil saving is
to live within our means. If we have debts
to Offset our saving, we do not really save
| OF all. Hence forecast as to the use of our
income, so that it shall come within our
range, is first. And when it is determined
how much TO save, the most rigid discipline
is necessary to keep itup There are always,
in family, special demands, covering
things pleasant to have, and which, if &C.
coded to, will easily eat up the margin we
had set apart for savings. The rigid con.
troll of our wants is, therefore, first ele-
ment in course of saving. This may in.
| velve privation, at least for time, but this
is necessity if we propose to save atall. II
is easy to persuade ourselves that certain
qualifications are necessities, which may not
be SO at oil. Hence firmness, even to rigidi-
ty, is first element in saving. And once
begun, unless unforeseen and imperative
twerve from our plans.
A dollar week saved and placed in
savings bank will aggregate $52 year. Let
up suppose per cent is obtained for it. AT
the end of the second year it aggregates
$106. In twenty years it will amount to
over 81 500. Five dollars week saved and
placed at interest will speedily buy home.
Many devices have been provided to stimu.
late saving. Building loans, savings banks,
life insurance, and many other things. Any
are good, If reliable and sound. 1t is the
encouragement resulting from the loss OF
savings WHICH mas uOne SO mucn uuInNRe III
this country. But when our moneys are
placed in sound institutions loss rarely fol-
lows. And where the habit of saving is es-
tablished it affects the life, inducing regu-
larity and order in all directions
Perhaps tho tendency of our people is in
this line AT all events there is no country
in the world where systematic saving can
be done with less privation than here. The
general hindrances are speculation and the
happy-go-lucky disposition which cares foi
nothing. But there are few fortunes the re.
suit of speculation or luck compared with
the number gained by thrift and saving.
And prosperity thus secured is apt to be
permanent, because of the habits which at
| tended the success. In our general life
there is nothing more important than this.
1t will not only secure prosperity, or OF
least provision for the rainy day that is sure
to come, but will also induce habits of
thrift which will be useful in forming COM
munities of good citizens. We therefore
commend systematic saving as contributing
to virtue and home happiness as well as
| thrift and comfort