The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1885-01-01
SYSTEMATIC SAVING.
How a Competency Can be Secured in
Time on a Salary.
philadelphia Call.

Philadelphia Call.
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 a
rainy day. Some one has said it is
the first $50, on the way to for
tune 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 practiced it often be-
GENES the basis to after prosperity.
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 adopt
ed and which, once entered on, be-
come habitual and easy.
OF course the beginning of all
saving is to live within our means.
If we have debts to Offset our saw
ings, 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 always, IN
family, special demands, covering
things pleasant 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 privs-
Istion, at least for time, but this is
a necessity if we propose to save at
all. 1t is easy to persuade ourselves
that certain qualifications are ne
cessities, which may not be so at all.
Hence firmness, even to rightly, Is
first element in saving. And once
begun, unless unforeseen and imper-
alive requirements are made, we
should not sWerve from our plans.
A dollar a week saved and placed
in a savings bank will aggregate
$50 a year. Let US suppose 4 pei
cent is obtained for it. At the end
of the second year it aggregates
$106. In twenty years it will
amount to over $500. Five dol
lars week saved and placed at in
terest will speedily buy a home.
Many devices have been provided
to stimulate saving. Building loans
savings banks, life insurance and
many other things. Any are good
if reliable and sound. 1t is the dis
couragement resulting from the loss
Of savings which has done so much
damage in this country. But when
our moneys are placed in sound in
stitutions loss rarely follows. And
where the habit of saving is estab
lished it affects the life, inducing
regularity and order in all direc
tions.
Perhaps the tendency of our PEG
pie 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 hundrances are speculation
the happy go-lucky disposition
which cares for nothing. But there
are few fortunes the result of spec
ulation 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 attended the success
In our general life there is nothing
more important than this. 1t viii
not only secure prosperity, or a
least provision for the rainy day
that is sure to come, but will also
induce habits of thrift which will be
useful as forming communities o.
good citizens. We therefore com.
mend systematic saving as contrib
uting to virtue and home happiness
as we'll as thrift and comfort.