The Washington herald., 1909-05-09
S aving for a III O m G


Il every well regulated family some
time or other feels. A few undertake
to realize it, but vastly more are over
awed by the problem Of saving out OF
little the much required to buy a lot
first, and then erect a dwelling upon
it, and are afraid to make a start.
1t isn't an easy matter to save for
a home when the income of the fam
lily is limited, but many have done it
and there ought to be plenty of insprr-
alton in what has been done. Men
and women have saved for comfort
able homes on as little as ten dollars
q week, out OF which family expenses
for four or five were first paid. What
has been done once, can be done
again, and there ought TO be strong
incentive in the actual successful ex-
periences Of the men and women
given herewith:
II ROM Pennsylvania comes this story
Of a man who saved for a home
on $45 a month---a handsome $1,S00
home. When this man first deter
mined with his wife TO save for a
home his salary was $40 a month.
But out of this they saved So a month
for several years by keeping syste-
matte account of all family eXpendi-
lures. The wife did fancy baking and
In two years earned and saved $75.
The man utilized the open ground
around their rented house for a gar
den and in addition to supplying his
own table sold S24 worth OF vege-
tables the first summer OF saving.
The following spring he made hot
bed for lettuce and cleared 81. The
two bought most of the provisions at
wholesale and through their extra
earnings and savings increased their
savings to $40 per month. Then the
mans wages were increased to $40
month and the family moved to a
house where there was larger garden
space, from which they cleared $50
one summer The wife took in wash
ing and with the help of the husband
made 800 in that way. Chickens
were bought and in one year each hen
cleared them So. At the end of ten
years of this sort of saving they had
saved 81 coo in cash and had built
and paid for an $1,sO0 house.
A NEW York husband whose wages
were 500 a year to begin with
saved enough to own three houses
valued at $4,000 in fourteen years,
with the help Of his wfe-the wife
must not be overlooked, for she is
often the real inspiration to saving.
The husband in this case had paid
$500 on an $1.S00 house when he
married. Out OF his 500 a year the
wife asked SO a month for meat, 81
for groceries and $3.50 for fuel. She
kept strict account of all expenses
and got along on the amounts, and
with interest on their house debt they
kept their living down to $500 a
year, leaving $400 for payments on
their house debt. In four and a half
years the mortgage was lifted and by
that time the husbands income was
5000 a year. They built another
81 800 house, believing that was an
effective way OF saving. In FIVE
years time they paid for it. In the
next Ave years the husbands income
was $1,200 that enabled the wife to
get q musical education, which later
helped her to earn money and also
pay for a piano. They also saved
| nough to buy a third house. The
three houses have a present value
rating of $4,000. 1--WE did it," says
the wife, Through strict economy and
by refusing to crafty every passing
whim that demanded the spending of
| pnorau