New-York tribune., 1900-07-12
HOW TO SPEND MONEY
N LEARNING THE USE OF IT 4 CHTT.D
ACQUIRES A KNOWLEDGE OF
ITS VALTF
ITS VALUE.

C--- Study Is taking large place n the interest
q scientific minds and 2 student OF that science
sad lately 1 discussion OF poverty and is causes
The principal cause Ct poverty lies not 50 much
& I7- knowing how 10 earn money as IN NOT know
i-g how O. spend t. II instruction on that fu1por-
tzI- pc--- were par- Of the family training the
necessity for saving would not need 10 he harped
UPo- .-
~cHl57e1 cannot truly be said 70 have been
-s-E-- economy = they have simply been exh0rre5
q save and perpe-ually taken 10 task for axrrava
Eance- = god way 10 teach the use OF money Is
oz<-2 with The little child Il may Be allowed 10
ear many @ The pennies thai so i is bank A
penny e-ch Gay for some little task may easily be
es-lsd- -lere IS trouble in finding some d11rv
suited - tender years.
Children should never be allowed 70 ask tbet-
parents C- any one else fo- pennies nor should
they = allowed 70 receive money from strangers
As soo1 as q child can earn sCruA money II shouI5
p taught % purchase articles from the point Of
view c. durability. even toys vary greatly in
tEz- respect II Is not q waste of time 70 point
OF even 70 q small child The likelihood that one
k-- q Dali may ou-vear another thar one variety
O. marble nay break less easily than another. that
aI --5es--ucrlhle' doh VIII last longer taan q
vzZe-- TIE choosing or tiny Christmas and birth
DAY SITS serves The double purpose OF fostering
generosity and giving practice II buying
There Is little training II having them spend
yo-- money Ownership. personal interest ana re-
sPo1s-1---rE give zes- and YIN which no amount
C Spending other peoples money can tmparr.
Y papa gives a penny any or every day Tor q
new pencil The demand Is constant but let the
small boy buy pencils toe from his earnings and
Is surprising how strong and lasting pencils be
co-rs- Any genuine boy would rather spend his
pennies for marbles than for pencils but the prtn-
cp-e q 5u6ic-0us spending must be taught by the
o1ly affective means
As tie child grows older chance 10 earn
lz-gcH Suns q money may De given 70 il Some
times weekly allowance has been conditioned on
p-lllprress Al breakfast. Some school children
who i've al distance from school are allowed
certain sun -1- ca--zres and luncheon. being
themselves There i & story II z boy who thus
walked ~ Pans B- saving me CIckels through
scl51- 2-- college Gays ne laid Up enough 10 take
I'm 70 -z--s -o- postgraduate work one g-r-
n0-EE- from such savings several substantial
pieces q furniture FOR her room
'N-e- E--- has reached me age q tOurreE-
years old they should b. trained 10 buy all The
simpler articles n their War5-ahes- From the be
ginning -z-- ~ The money should De saved The
banks WI register The amount they contain are
NOS zz---@-.------ -r-r-a- once in
scc1 bank must stay u--l i Is [uu. The gift
- even a -IT savings bank account Is one Of the
account H. saved Up money can be added every
me ne ----e bank IS fun The child who has
D-1l framed 70 consider values and Utilities II
plTe-zs--E can ns taught 70 save without much
The young person 7yao has learned The prin-
c1--= q economy On ----s plan VIII -C- commit the
" 11- --E -l-1sy 0re-rl1esses a. nigh prices.
She VIII know better rnar 70 trust IN the deIu-ive
bargain counter bur VIII nave money 10 avail her
SCI O. Wrar Eer judgment proclalrns genuine
-hs- -I@ usual price Sre VIII have learned that
trash Is nc bargain. no matter how low the price.
uoI-5.z allowance before The second week is
ended