Warren sheaf., 1917-04-18
Saving Money.

Saving Money.
Saving money-or not saving
moneys a. matter Of habit and
viewpoint. That's an important
fact, which those who wonder why
they are not able to get ahead
should get into their minds.
If your habit IS not to save, you
don't save. Of course you wake up
once in while and say to yourself
or to Friend Wife-that you real
ly must begin to save little, be-
cause there's a rainy day coming
when a little store will come in
handy. And you are right-very
much more right than you realize.
If you really realized how right you
are-if you could look into the
future and have glance at what
that rainy day may be like you'd
surely start saving this very minute.
But if your habit is not to save,
still you don't save. And you won't
save till you definitely make it a
habit to save. Once the habit is
formed, like all habits it will be-
come sort of second nature.
And then there's the matter Of
viewpoint. A story in the American
Magazine illustrates that.
"When an uncle Of mine died and
left me $685." says the man who
tells the story, ttmy first impulse
was to even it off, and if it hadn't
been for an old friend of my ia
theirs I think I would have succeed
ed in nearly pairing it down to zero.
"'What were you thinking of do
ing with that money! he asked
casually one day.
! "'Well,' I replied, 4 think I'll
just take that odd forty-fve dollars
and go for a little lake trip, and
then I'll have five hundred dollars
to put in the bank
"'Why five hundred? p he said.
why not $545?'
"'Oh,' I replied, you might as
we'll have an even amount
"'Do you suppose you could spare
me five dollars? p he asked suddenly.
"'Why, yes,' I replied, a little
surprised; but I handed it to him.
"tAll right, then,' he said, heres
five dollars handing me back that
same bill. If you'll just put this
with that $545, you'll have $3.50,
and that's a nice even amount.
Now, if you'll put that in the bank,
in three months it will have earned
fve-fifty more, and surely in the
meantime you can scrape together
$44.50, and then you'll have an
even six hundred instead of five
hundred
"FWhat could I do with six hun
dred dollars?' I asked, not very
much impressed. as the difference
didn't seem worth the trouble.
Gone thing you could do,' replied
the old gentleman, would be to ask
your banker to buy thousand-dol-
lar bond for you, or, rather, to lend
you the extra four hundred, keeping
the bond as security; and then it
wouldn't be long before you would
have a Thousand dollars, which, for
even amounts is little better
than five hundred
"Then with a pencil and paper he
showed me carefully just how long
it would take.
"tOf course you don't have to do
it if you don't want to; but I have
noticed he went on thoughtfully,
that this business of having little
by you is pretty much a matter of
how your mind works. Some people
always want to even things OFF in
money matters; others want to even
them UP. And once you get start
ed at it, thinking UP isn't much
harder than thinking DOWN. For
instance, if I showed you thirteen
cents, you might say, 'I can spend
three cents for popcorn, and then
I'll have dime;;" or you could say
eff I put two cents with that I'll
have fifteen cents"
"1It's the down-hill people, the
people who follow the path of least
resistance, the people who slice OFF
a little instead of building UP lit
tie, who NEVER GET ANYWHERE
IN LIFE"
Think it over; and while you're
thinking it over grab a dollar as
it is going by, put it in the savings
bank, and start bank account.
Duluth Herald.