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 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 1t is so f;
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 IL
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 babitual and easy.
or 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 ell. Hence forecast as to the
use OF our income, 80 that il shall come
within our range, is first. And when it
is determined how much to save, tho
most rigid discipline is necessary to keep
it up. There are always, 10 q 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, frat element in
course Of saving. This may involve
privation, at least for time, but this is
q necessity II we propose to save at all.
1t is easy TO persuade ourselyes that Ger.
tain qualifications arc necessities, which
may not be 80 at all. Hence !rmness,
even to rigidity, is first class element Of
saving. And once begun, unless uDfore.
seen and imperative requirements are
made, we should not swerve from our
plans.
A dollar . week saved and placed In
savings bank will aggregate $52 year.
Let US suppose 4 per cent. is obtained for
1t. at the end Of the second year it
aggregates $l06. In twenty years It will
amount to over 81 500. Five dollars a
week saved end placed at interest will
speedily buy home. Many devices
have been provided to stimulate saving.
Building loans, savings banks, life insu.
rance, and many other things. Any are
good, If reliable and sound. It is the
encouragement resulting from the loss Of
savings which has done 80 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.
nucing regularity aud 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 bappy.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 o. the habits which
attend the success. In our general life
there is nothing more important than
this II will not only secure prosperity,
or at least provisions for the rainy day
that is ture 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.
pineBs as we'll as thrift and comfort.