The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1885-01-15
Systematic Saving.

With the bulk of our people the saving
of small amounts in some regular, system
attic way opens the only possibility of
attaining competency or a little sum for
q rainy day. Some one has said it is the
first 81 900 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 aud sharp
economy. Where this is practiced it
often becomes the basis of after prosperi-
ty. But where this does not follow it
provides for the emergencies that are sure
to come to all. There are ways of saving
which can be adopted and which, once
entered on, become habitual and easy.
Of course the beginning of all saving
is to live without means. If We have
debts to Offset our saving, we do not real.
" save at all. Hence forecast as to the
use of our income, 80 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
it up. There are always, in family,
special demands, covering things pleas.
ant to have, and which, if acceded to-,
will easily eat up the margin we had set
apart for savings. The rigid control of
our wants is, therefore, a first element in
course: of saving. This may involve
privation, atyleast for time. but this is
a necessity if we propose to save at all.
It is easy to persuade ourselves that GER
tain qualifications are necessities, which
may not be so at all. Hence frmness,
evensto rigidity, is first class element Of
saving. Aud once begun, unless upfore-
seen and imperative requirements are
made, We should not swerye from our
plans.
"A dollar, week saved and placed in q
savings bank will aggregate s52 a year.
Let US suppose per cent is obtained for
it. At the end of the second year it
aggregates S106.s In twenty years it will
amount to over 81, 800. Five dollars a
week saved and placed at interest will
speedily buy q home. Many devices
have been provided to stimulate saving.
Building loans, savings banks, life iusu.
rance, and many other things. Any are
good, if reliable and sound. 1t is the
encouragement resulting. from the loss of
savings which has done so:much damage
in this country. But when our moneys
are placed in sound institutions loss rare
ly follows. And where the habit of say
ing is established it affects the life, in
ducing regularity and order in all direc.
tions.
Perhaps the 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 priyation
than here. The general hindrances are
speculation and the happy-go lucky
disposition, which cares for nothing:
But there are few fortunes the result 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
attend the success. In our general life
there is nothing more important than
this. It will not only secure prosperity,
or at least provisions for the rainy day
that is sure to come, but will also induce
habits of thrift which will be useful in
forming communities of good citizens.
We therefore commend systematic saving
as contributing to virtue and home hap
piness as well as thrift and comfort. =