The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1916-02-01
. ss . = 9 @ . -
TALKS on THRIFT
HOLD FAST TO WHAT YOU HAVE


If there is anything more pathetic |
than the man who never had home, |
or friends or money, it is the man who |
had a home and did not appreciate it. |
The world is full of derelicts and |
every town has its has beens" who |
once "were"-had and could not keep. |
1t is a sad commentary on human life
that men must work and sacrifice and
save; practice thrift for years. ac-
cumulate a competence, and for one
reason or another lose it all, and be-
gin over again worse by far except for
the experience.
Men who were once citizens OF afflu
ence will be found in the bread line,
sleeping in the parks at night. living
on relatives, in the poorhouse. sell
ing shoestrings on Broadway, when by
better management they might have
been in comfortable circumstances.
There are two principal reasons Why
men lose what they have acquired
First by being an easy mark, lend
ing to friends and relatives and unable
to say mo" TO a request for help or
an alluring proposition. Second the
desire to make money fast-nOt by
gambling, but by trying to get large
income from a small principal The
stories of men who have acquired con-
siderable money, and in the desire to
make it grow fast have lost it all,
would fill a book and no caution is
more opportune than this Hold fast to
what you have.
A few basic and common sense rules
will, if persistently followed, save those
who heed them many a pang OF re-
greet:
First: Do not lend your friends.
Friendship loans are bad it Is deli
cate matter to ask for your money.
Second Never endorse a note for
anybody. More losses and business
disasters have come about through
: lending ones name to a promissOry
3 note than perhaps any single cause
: If you want to help friend and have
, the money 20 spare better make a gift
outright and forget it than try to de-
> ceive yourself that it is a loan. II
> you can't keep your friends without
i lending them money better lose them
p friends are easier made than money
Third Put your money IN Tso'
: bank and leave it there Experience
g has proven that the average man cal
l. do no better than bank his money, TO
% in making private investments risk at
:, tends and loss often follows. Their
:. are thousands of good banks, and on
~ Is no doubt in your town, and ban
n books are mighty good investments.
Ie Fourth If you accumulate enoug
lie to warrant private investment be aal
of isfied with five per cent, and never air
IS to get more than six. Danger lies be
id yond six per cent
4. Fifth: Experience has again prove
N the country over that first mortgage
:" on improved property at not over .
per cent of a fair market value is tn
most satisfactory form of investmer
It. and yields the highest returns CON
is patible with safety Savings bank
IN make a speciality OF mortgage loan
10 and you can follow their lead wit
an safety.
- Sixth: Before making any inves
a. ment, ask your banker if it is legal f'
'cO him and if he would make it; an
uh If not legal question 1t carefully, ar
he ii he turns it down refuse it.
we Seventh: Never buy land you ha'
I'M not seen. Millions have been lost
os. uving lots on the intsallment pla
nv particularly in large cities. The pr
~ moter will make the profit, not you.
~ These rules are simple, safe al
All easily followed You won't go wroI
er- if you heed them They come out
bitter experience and why should "
800 pay the same price for knowledge OF
dis er men have paid? Get all you can
err honestly, and keep it when once it
IN, yours.