The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1916-08-29
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TALKS ON THRIFT.
THE WASTE OF MONEY.

W 40 - VI NV =
In the daily papers comes the story
Of the downfall of the diwod of a
prominent Wall Street man, who twice
has been presented to British Royal
ty, lived on Fifth avenue was a social
leader and a woman of the four hun
dred. In the brief six years of her
widOwhood she has wasted a fortune
of over one hundred thousand dollars
and now faces the charge of passing a
worthless check. She has made
sad mistake but did the
best she knew how" with her money
put it in ill-adviced business ven
lures, invested in doubtful securities
and spent the rest in social aspira-
tons.
OF lesser magniture, but no less
tragic, is the recent case of a German
woman with three children, who in
the short space of ten weeks has spent
mot "invested") the fourteen hun
dred dollars received from her hus-
bands death in an accident. During
that time she has visited the savings
bank on an average of every other
day, drawing from twenty-five to fifty
dollars each time.
Another woman who received a life
insurance payment of two thousand
dollars wasted her inheritance in two
weeks at the races. Another who re-
ceived a thousand dollars. bedecked
herself with jewelry and had to go
back to the factory in three months.
A certain youth received two thousand
dollars as his share of his uncle's
estate, quit work and lived the high
life for a short time, and then went
broke, as they all do.
The only redeeming feature of these
4 processes is the fact that the waste
of money cures itself, for soon there
is no more to waste. The above-men-
toned individuals have found it out
1t matters not whether the sum be
large or small, it seems an endless
amount, but a little extravaganza
every day soon brings the fund to a
state of exhaustion.
Life insurance companies have
found upon investigation that a large
proportion of their policy settlements
are frittered away in the course of g
few years. The hard work and the
sacrifice of the bread winner, in which
the beneficiary usually has shared
4 seem to count for naught when The
settlement comes, and passes a con
siderable sum into irresponsible,
3 hands.
4 This is no indictment against wo
manhood, but as a sex they seem t
have the knack of spending easy mon
a ey fast. While a thrifty woman is tn
Lords choicest creation, the thrift
y less one is His greatest bane. Ban
q men of experience will corroborat
81 the conclusion that it is unwise t
Il leave money to the wife in such
s. way as to tempt her to be improviden
y with it. The fortune first mentione
s would have given the wife an incom
8 of at least five thousand a year fo
4 life if properly invested, and tn
n smaller amounts would have helpe
B the beneficiaries over many a rain
h day. The caution to the men in sue
K matters is to so arrange affairs tn;
q the income and not the principal ma
D be used.
The best legacy you can leave yor
n wife is a well-invested estate If yo
b love her you can prove it best by NJ
4 giving her absolute control of h'
n legacy, but by saving her from a
Il the pitfalls that are open to the III
b sophisticated and the unwary. Sa'
B her from herself, her friends and Il
& slick promoter who dazzles her wi
# alluring tales of large returns fro