The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1888-05-23
The Wisdom of Spending.

\ dollar veil spent 4 worth tsse dollars
vel saved. and a little money 70 SPEND
gives better reiurnstiian fiTe times A. much
boarded. Yet saving * a duty and an
important or, sometimes even q sacred
duty. But the money saved Eill event
uaIly be spent. and then viii fslfI It's
mission more Or less fully according to
TO the wisdom shown in spending IT,
Il Is common in many families Of mod
crate means TO discourage the children
when they plan to spend their money
earned by their own efforts. They are
urged 10 save II, and feel compelled 70
Use i for clothes or some necessary thing
when the sum becomes sufficient
This tends to form habits Of thoaght
concerning money, that are not the best
4 naturally saving child becomes close
and prodi-al one takes care never to ae-
eumnlzte enough TO be worth saving, bat
spends II Is soon as II is earned, a the
only way to get anything be prizes in re-
turn FOR his money.
4 fund TO which bov or : glTl can
add until they are Of age, with the Ger
asnfy. that II viii be their ewa viii have
a wholesome effect upon them. and BE-
ing saved with the intention Of il being
spent VIXEN the time comes 70 start II life
for themselves, the matter will have good
deal Of tho1ght before the time comes
when they viii be independent owners Of
the accumulated savings.
But even for - good a purpose, It does
not seem wise 10 expect a child to put all
his earnings away for the future spend
ing.
To have certain sum fo- personal Use
for clothing. and the privilege Of using
for extras shat NAY be saved from il, by
caring for whatever Is bought. Is good
training for boys and girls after they sst
their growth: before that they ouigrow
things 50 fast that even II they had judg-
ment to spend money jndieiousiy they
would not be able 70 anticipate The sud
den shriak4ge that seems TO take place
il all their garments 50 often
When 4 certain SUN L 70 be spent, an
account may be kept very probably efall
expenses, and il viii repay 3 careful
study at the end OF the year. If among
the items put down, there are some that
represent foolish purchases OF unneces-
sary things. those mistakes viii not be
repeated the next year. II candy and
bakers sweets have been among the
things boaght NTH tine money left over
from clothing. the sum Of these indul-
gences can be found and Il may equal the
price Of a shors journey that has seemed
- be beyond reach, or magazine or
paper for year. or Of some other thing
more satisfying than the sweets for which
the money has disappeared.
In many nei-hbortcods pleasant little
reading clubs might be formed If each
member had the money TO buy one book,
to be read and loared to every other
member. and they would all be benefit
ted morc than by saving the money
forfhe books Such person might agree
70 buy the 10 and - cent paper covered
editions Of standard works that are pub
lished in that form, and add muslin or
stiff paper cover 10 preserve the outside
leaves Holland has said that the man
is xises. who has the faculty not only to
measure tie value OF dollar by its cost
but 10 measure il by its power And
the power Of dollar Is shown bes. when
il is eonferring good in some form
An account book with these notices
on It's cover might be prepared for the
rev year: Wise Spending, frst Prudent
Saving, next; Indulgences last; Non
sense, never. And al the end Of the year
a reckoning Of the sums that had been
used elas-ed under the different heads
would be very Interesting. Many OF us
no doubt would have 10 plsee some of
the items under Nonsense, never: but
,coufessing j, to be such. xolld b. long
step in the direction Of better Judgment
far the rext time