The Birmingham age-herald., 1913-03-07
TALKS ON THRIFT
No. 1o-some Practical Examples

lNO. 1U---boOuC laNtANdh A<<AHhaP'~S
1.-THE saving of money usually means
the saving of a man., 1t means cutting
off indulgence, or. avoiding vicious hab-
its. The little difference between what
you earn and what you spend is power.
1t often measures the distance between
success and failure. ."--Orison SWEET Mar
den
Sometimes a person has saving dis
position, but he does not know how to
reading these Talks" we recommend to
their attention the following actual plans
used by successful savers:
Mutual savings schemes are good
They can be adopted by a small group
of fellow workers or by a family, and
can be conducted in a very simple way,
the principal thing being for each men,
ber to agree to deposit certain sum in
the bank every day or on the first of
every month.
Some families adopt system of cash
penalties for such things as getting up
late, using slang, neglect of duties, etc.,
and these small fines" are deposited In
a little home bank to help swell the
savings bank fund.
One father decided some years ago to-
save every quarter that he received Dear
ing the date of his childs birth. The
result is that when the child grows up
he will have a sufficient sum of money
at interest in the bank to give him a
thorough education, or to start him in
business.
Another bank depositor saves every
penny that comes to him in change in
the course of a day.
Some parents opened a bank account
with a deposit of $50 upon the birth of
thir first child On the child's birthday
anniversaries and at Christmas time ev-
cry year they. make additional deposits
Now sthey have three children and there
is a separate savings bank account for
each of them
Some families arrange their household
affairs with view to the systematic
cooperation of every member in the ef-
forts to save money. They figure out
in advance Just what the weekly living
expenses will be. Then they write out
the separate items with the amounts op-
posite-meat IS; bread SOC, etc.-and
pas.e the slips on little boxes. Every
week the head of the house puts into
each the exact amount called for by
the estimate. The wife agrees not to
exceed the amount called for, and in
most instances size ludilu6CS " save
something on the amount set aside for
that particular purpose. The total saw
ings thus made go into the bank regu-
,arly to be safe and draw interest.
A New Yorker who owns real estate
worth so0,O00 said recently that this
property represented what he had saved
by shaving himself and blacking his own
shoes. This may sound strange but it
will figure out all right. Try 1t and
see.
Young man reading about Benja-
min Franklins well known plan Of "a
dov book of vices and virtues de-
cided tn keep tabs on himself and i'm
nose fines for his shortcomings. He
charged himself a cent for every minute
he law abed after the proper time to
pct IN. He fined himself 5 cents a min
nte for being late to work and larger
penalty for every duty put over a day.
! OF course this money was saved with
happy results
testimony: II find l must be saving
IN the most minute details. The little
sums drift away one by one, and, un-
perceived. quickly amount to large ones.
For instance, in our city six street car
tickets are sold each time, SO l caye
20 cents on every dollar.
II save great deal by being able to
make at home many articles of clothing
and fancy pieces that are SO expensive
10 huv ready made. There are certain
seasons when can ket goods from the
best stores at great bargains-goods In
which there is real value. l buy as much
as think necessary and IL not needed
lust then put 1t away till II is. Many
times / have wanted material and have
gone to my little stock OF goods and
found just what wanted when to have
bought it then, would have had to
/ pay considerably more.
In a later Talk" we viii publish
more OF these saving'experIences Watch
for them. y s.. 81 a