Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1885-01-08
SYSTEMATIC SAVING.

With the bulk of our people the saving Of
small amounts in some regular, systematic
way opens the only possibility OF attain
ing competency or a little sum for rainy
day. Some one has said it is the first 81 900
on the way to fortune that means hard work
and pinclling economy. After that all is
easy. And it is so whether we gain for
tune or not, the start always involves small
and sharp economy. Where this is prac-
ticed it often becomes the basis ofafter pros
perity. But where this does not follow 1t
provides for the emergencies that are sure
to come to all. There are ways of saving
which can be adopted and which, once en-
tered on, become habitual and easy.
Of course the beginning of all saving is
to live within our means. If FIVE have debts
to offset our saving, we dO not really save
at 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 it up. There are al
ways, in family, special demands, cover
ing things pleasant to have, and which, II
acceded to, will easily eat up the margin we
had set apart for savings. The rigid con-
troll of our wants is, therefore, a first ele-
ment in course Of saving. This may in
voIve privation, at least for time, but this
is necessity if we propose to save at all.
1t is easy to persuade ourselves that certain
qualifications are necessities, which may
not be so at all. Hence tirmness, even to
rigidity, is Il first class element Of saving.
And once begun, unless unforeseen and inn
perative requirements are made, we should
not swerve from our plans.
\ dollar week saved and placed in Il
savings bank will aggregate S52 year.
Let us suppose per cent. is obtained for it.
A md of tha
SlOG. In twenty years it will amount to
over 81 800. Five dollars Il week saved
and placed at interest will speedily buy Il
home. Many devices have been provided
to stimulate saving. Building loans, saw
ings banks, life insurance, and many other
things. Anyare good, if reliable and sound.
1t is the discouragement 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
rarely follows. And where the habit OF
saving 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 privaton 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 at
tend the success. In our general life there
is nothing more important than this. 1t
will not only secure prosperity, or at least
provision for the rainy day that is sure to
come, but will also induce habits of thrift
which will be useful in forming communi-
ties of good citizens. We therefore COM
mend systematic saving as contributing to
virtue and home happiness as well as thrift
and comfort.