The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1901-03-16
Money Allowance
to the Children.
1t Should be Made Only Where
The Little Ones Are Trained
10 Its Use.


It is generally conceded that the
proper use OF money comes with ex.
perience, If IL comes at all. There are
people who remain until old age chill
dren In this respect. II by any cur
riculum of school we could teach
our children the proper use OF money
1t would be thing most devoutly to
be grateful for. But common sense
in matters Of this kind does pot nee
essarily come with learning. We have
all known men and women filed with
the knowledge which comes from
books who were foolish Missionaries in
practical things. Since the time of
Chaucer the scholar or clerk" has
borne the reputation OF being UNI
worldly. This has not always been
deserved, for in the present time the
practical man Is very apt to be a
learned man; but the reverse may be
true, and goes to prove that wisdom
In spending money-above all. the
ability to save money and secure a
competence against day of want
is not taught in the schools, says the
New York Tribune.
Such practical wisdom, which
seems innate in some people and is
taught to others by experience, and
which many learned men of genius,
like the poet Goldsmith, never learn.
can only be taught, when it is
learned, at home or by painful ex-
perience in the tutelage of that
rough master Want. Parents are Ii !
able to make two mistakes in the |
matter of training. They may keep
all money from their childr5n pro- !
yiding for their needs. I'M She time I
comes for them to so away nom
home, and giving them practically
little or no experience in spending
money. The child goes out into the
eager world of gain without the
slightest education in the snares and
pitfalls he VIII meet in the world out
side, and no experience or instruc-
ton in the care or spending of mon
ey. The care of certain amount of
spending money, with the RESPONSE
bility of purchasing from it certain
essentials to their comfort as well as
their pleasure, should be given all
boys and girls as soon as they are
Did enough to have proper discre-
lion. Instead of their clothes being
purchased for them they should be
and taught just as soon as
possible to choose and buy their own
clothes and spend all the money it is
necessary to spend upon them individ-
tally. Under their mothers roof they
should be made to know the want
which comes from foolish extrava-
rance, for at first they mayspendsome
money recklessly. The amount OF :
spending money allowed child should
)e limited, and in no case more than :
he parent would spend for the same
purpose. No matter how small the
of the parents for their
children, they should not deprive them
# the education in money matters
which the buying of their clothes and
,ther necessities will give them. The
children will receive an education in
he practical care of themselves which
t is important they should learn as
arly as possible. Boys and girls
hould be encouraged to begin savings
,ank accounts as soon as possible.
they should account Systematically
or every penny of spending money
-iven them by keeping petty cash
ook, in which all their receipts and
are entered on opposite
ages and balanced at the proper
lace. Children who are brought up
4 this way are properly prepared to
pend money, and if they are impru-
ent in later life their imprudence is
OF due to ignorance.
Parents can make no greater mis-
AXE, no matter how great their
'ealth, than to give a child without
rained experience in the use of money
spending money, for which
e is accountable to no one. 1t is use
SIS to recall the misery to parents
nd children which such thoughtless-
ess entails. This is the reason why
,me children of wealthy parents are 4
nable to take care of money. They
ave had no experience in its use. and
ave taken no thought of the matter
lch person is as unfit as an infant
meet the world in these practical
ventieth century days.
TIE WTNn-RA(.