The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1913-07-17

Nowadays young people cannot BE too
we'll prepared for the battle of lHe
You are wise parent, therefore, IT,
even with some inconvenience, you
save money TO provide for the thor
ough education of your children, and
if possible, TO give them some finan-
clal assistance in making their start
in life, whatever career they choose.
While realizing that tie success OF
your children to large extent Will
depend upon the start you give them
when they are youn. do not overlook
tie fact that it is not only the
amount OF money you leave them that
counts, but also the kind of habits
they learn from yor.
The dollar they save out Of their
own pocket money. il paced in the
bank, where they can see it grow,
means more than just little money
saved up. 1t will mean the firm
establishment of the habit of thrift,
which will mean a great deal to them
all through life.
Thus it is important both to save
for your children and to teach them
TO save FOR themselves. Parents ought
to cooperate in this work. House
hold economy naturally will devolve
upon the wife, who, if she is also a
mother, may be trusted to save mon
ey II is her mother instinct which
bids her care for her children, and
provide for their future as we'll as
their present necessities. The larger
planning and economies will fall to
the lot of the husband and Father.
While the wife is saving ON the house
hold expenses by judicious buying and
careful use, he is likely to be car
rying out some such plan as was
adopted by n merchant who wanted
the provide a fund for each one of
his children when they reached the
age Of twenty When each child
was born he deposited dollar in the
savings bank in the child's name.
On the child second birthday he de-
osited two dollars and he kept this
up each year, making a deposit on
each birthday Of as many dollars as
the Child's years. When each one
Of his children reached the age of
twenty-one there was SS06.l6 to its
credit in the bank. The putting aside
of this small sum of money each yea"
was very small item and was not
felt, yet it piled up quite a respect.
able sum.
These bank accousts had very
satisfactory effect on the children.
As soon as the ywere told Of it they
took a great interest in them The
consciousness of having a bank ac-
count had the effect OF making them
want to increase it. The result was
that they began to save on their own
account at an early age. One child
had saved a hundred dollars long be
fore she was sixteen years old. large
ly money which otherwise would
have been wasted in useless luNur-
les.
Teaching children tre value of
money is a verv important part of .
their education and sac which is sad
ly neglected in many homes and
schools today. Too n.any OF us make /
tn egraye mistake OF assuming that I
children who havc spent the most T.
impressionable part OF their lives in
disregard of thrift will sud
denly become frugal and provident
as they gro wup.
Thrift does not come at our beck
and call, nor can 1t be slippeS on or
off like an old coat. 1t is established
gy practice rather than theory, by
example more than by precept.
The school savings banks are doing
a lot OF good, but there are not
enough of them. Even where such
institutions exist, parents cannot es
cape the responsibility OF teaching
their boys and girls to appreciate
what money means. When a girl ar
rives at the age Of twelve or thirteen
years, she can well begin to learn
from her mother the principles Of
wise buying. so that eventually she