The Barre daily times. (Barre, Vt.) 1897-1959, 1915-03-02

successfully without careful estimate
being made Of the income, expenditures
and the percentage that should be saved
every year for personal fund or for in
creasing the business; keeping the books
accurately and invoicing the stock once
or twice year and perhaps oftener to
know the exact standing OF the concern
at all times. Besides all this, the ut
most care is taken by the successful firm
IN investments, that they are not made
hastily or without thorough inyestiga
ton. But how differently those in their
employ frequently do. One may safe
liz say that it is the exceptional wage
Garner who keeps account of his expendi-
lures, banks the savings and then IN
vests them carefully when there is enough
saved to warrant it.
There are those who object to keeping
accounts on the plea OF the extra amount
Of work involved, but it requires only
moment at the close of the day to enter
the few items that are usually necessary.
For the bookkeeper, stenograpber or 9th
er worker accustomed to the details OF
an office it would mean little effort and
even the one who has had no experience
with books could soon become accustomed
to iotting down the few items for car
fares, lunches and other things that may
have come up during the day Added %
the value that such accounts are in know
ing Just what one is spending money
for, and recognizing at the end OF the
week what may have been spent useless
". or at least might have been used to
better advantage lively interest viii be
aroused and desire to place more items
on the right side of the account than at
first appear.
One may keep the simplest form Of q
cash account or a set Of double entry
books. but the latter requires a broader
knowledge of bookkeeping than is pos
sessed by everyone. A man who is
bookkeeper in bank says that he finds
II much the most satisfactory as well as
the easiest method for him, because he 3
so accustomed to it, to keep his house.
hold accounts by the double entry sys
TEN. He keeps the general accounts and
separate ones for himself, his wife aud
the little daughter
If one cannot give the time TO keeping
an account of expenditures, he will find
IL helpful to estimate the amount he viii
REQUIRE for each week or month from
his salary and when pay day comes, To
bank certain amount and not permit
ANYTHING OF an ordinary nature TO break
into H. II there is something special
that requires extra money one week,
make IL up the following, 50 that the
average saving remains the same. This
was the method pursued by one man who
built M snug fortune. He began hv
saving SIS every month, and although
that amount is considered by many too.
small to consider, vet il was often diff
cult for him to save il and hc went with
out Injuries 50 as not 60 break into 4.
Finally he was able 10 save So month,
and his interest money from that which
he had saved began to come in. lie ip-
vested a ittla when he found something
that looked attractive and safe. To-day,
although he is prosperous, he b. not eA-
trayapant. for he learned the value Of
money and how 20 use il 20 the best ad-
vantage.
Either this method or that OF keeping
an account is a wonderful safeguard
against debt. and those who have tried
Il say il il far from being parslmonious
or excessively frugal 10 know how the
expenses can be regulated. ieakages
stopped and a curb be placed ON pos
siblc eNtraysgances.
Dorothy Dexter