The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-07

every Tuesday night, and Brown gets
just the same.
You live in a fiat that costs s25
month. So does Brown.
You have a wife to support. So has
Brown.
You go to lunch with Brown every
day, and your checks run about even.
You are as we'll matched as human
team can be. But-Brown smokes
three-for-fifty cigars, and you save
money by smoking ordinary ten-cent
brands Why, only the other day you
figured it up yourself and found that
on this one item alone you were saving
$50 year.
In the same way your wife saved
money on that last hat she bought Mrs.
Brown paid SIS for hers, but your wife
spent only paltry $40 for the one she
wears.
The Browns are head over ears in
debt. They owe erybody-butcher,
baker and candlestick maker. You only
owe a little grocery bill, few dollars
to the tailor, a hundred that you bor-
roWed when you got married, and 50 or
such a matter due the laundry. These
few things sum up your Indebtedness,
with the exception of your rent but
you have been paying that month be-
hind for so long that you do not con-
slider that in the reckoning at all.
Not bad showing, is It? Yet your
income appears to be not quite up to
your expense.
Viewed from Browns standpoint, and
you like to use his glasses yourself
your economy has resulted in a saving
of money. Otherwise you would be as
deeply in debt as he is.
But the uncompromising light of COM
mon sense and disinterested Judgment
q n sp-
tiimsy, and any jury would agree that
you have saved nothing but unneces-
sary and unjustifiable expense. and not
enough of that
Still you protest that you did with
OUT lots of things your friends and
neighbors had! Well, that is so. And
on that principle you can save" a vast
amount of money in a short time,
though ii may not accumulate so rap
idly. Just think. John D. Rockefeller
gave the Chicago university $21, 900, OO0
Now you saved that amount by not
giving it to the university.
''Preposterous," you say? Why?
Because you did not have the S21.-
100000? Neither did you have the $50
extra for cigars nor the IS more for
your wife to put into a hat. You re-
member that Overcoat you bought not
long ago-a S65 coat for $40. You saved
S20 by that transaction notwithstanding
the fact that it cost SO more than you
ever paid before, and S25 more than
you had in your pocket or to your credit
at the time.
1t was a splendid coat and you pulled
the wool over your own eyes by argu-
ing that il would last three winters in
stead of two, but you knew all the
while that the argument was lame and
would be too crippled for active use
when a similar bargain comes along
year after next to coax another $40 out
of your pocket.
When your wife makes a dress for
herself that would cost her $40 to have
made, she actually has saved $40, be-
cause that is a moderate price for the
making of a dress, comes within your
means, and is really as little as it could
reasonably cost. If when it is made
however, the dress compares favorably
with the one that cost Mrs. Brown $685.
it is not fair to argue that because the
value is there she has saved $35.
Don't water stock or initiate values in
your little game Of finance. Get things
down to sound Observation-Disclosures
your financial limitations and gauge ex-
pense accordingly. Then you will See
plenty of chances TO save money-real
money that you could spend if you
wanted TO and that you know you had
perfect right to spend before if you
had not preferred to save il.