The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1911-11-10
COLLEGE CAREER
SAVING INCENTIVE
CHILDREN SAVE FOR SELVES
AND PARENTS FoRsEE BRIGHT
Err FUTURE FOR BABIES STORY
or NEWSPAPER MAN ILLUS
TRATEs POSSIBILITIES.

Saving by plan has many and
diverse objects. and not the least
among these is saving for an educa-
tional investment.
A college education IL the object OF
many Of our savings department de-
positors. an education either for them
selves or their children" said the
head Of one Fargo financial institu-
tion. They realize that an invest
ment in brain development is a GER
tain winner, and for one that has
economic habits and the disposition
TO save. a trained mind completes a
combination that no obstacle on the
road to wealth can balk.
Children who start their savings
accounts with the idea Of a future
college career probably do not deeply
consider the financial advantage of
investment Of their savings in an ed
ucation. They see only the glamor
Of college life, the boy. perhaps, being
stirred by the possibility Of becoming
a gridiron hero and the girl seeing the
social side, with its sororities and
happy homecomings.
'But the parents see farther than
the enjoyments Of college life. When
they put the first dollar aside for the
baby's college fund. they see in 1t the
key that will unlock brighter future
for the little one. They look upon it
as an aid toward a better career. the
means of entry to a larger sphere
than they themselves had equipment
for entering.
THE fund that is started for the
baby offers q better opportunity for
saving and a higher incentive than
that for almost any other purpose.
Ii 1t is systematically increased its
growth becomes a habit, and liz the
saving is stopped 1t not only involves
a broken habit. but seems like cheat
ing the youngster."
How this works out is told in the
story of newspaper reporter which
was printed In The Saturday Evening
Post, as follows:
"A newspaper reporter had never
saved money as a bachelor. Some
men begin saving when they marry.
He was married. however. and still
didn't begin, So after that fate gave
him another chance. 1t came In the
form of first baby.
This reporter started among the
invertebrates, putting aside every
new coin for the baby. His wife did
the same. After a few months,
though. sorting out new coins be-
came nuisance. Then a weekly av-
erage was struck. and So found to be
the rough mean Of the hoard, and the
baby was put on little private pay
roll at So week, and got his wages
regularly. A few more months and
the youngster had reached an ace
where his dads departure every
morning grieved him deeply. His
father set up the practice of giving
him a dime to play with. and thai
eventually became q quarter six DAYS
In the week. and then the baby's in
come was $3.50 week. So the thing
grew. Today that baby is 4 wears
old, and has nearly 5000 to his credit
In savings bank. and each week
to his fathers seven half dollars the
bank now adds an eighth half dollar
In interest
There are hundreds OF WAYS nr-
ured out by ingenious depositors, such
% saving coins Of a certain date or
nickels or dimes or other denomina-
lions; saving amounts received from,
certain sources, such as a waiter
saving his tips. or saving an amount
corresponding to the day of the month
or week, besides the straightaway
method OF saving definite amount
or percentage OF fixed income.