Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1919-12-04
DECAL OCUE FOR
FRUCALITy GUIDE
Drawn by National Committee
for 1920 Drive Against High
Living Costs.
MAKE ABUDGET, COMEsF|RST
Keep Tab on Expenditures Have a
Bank Account, Spend Less Than
You Earn, Are Other Conn.,
mandmentS.

st. Louis.-Ten commandments for
the guidance of a mans financial life
have been drawn up by national
committee of bankers and others to
aid in the great drive of 1920 against
the cohorts of high cost of living.
This decalogue for the frugal man
to stiffen his morale in battle to save
something from the profteers and rent
raisers is part Of the program for the
National Thrift week, to begin Janu-
airy II next.
Plans for rallying the armies OF
money savers for the 1920 drive Dy
holding this Thrift week were ap-
proved by the American Bank
ers' association in its recent cOnven-
ton in this city. The iIea already
had the Endorsement of the United
States League of Building and Loan
Associations, National Federation OF
Construction Industries. Retail Cred
it Mems association. National Assocl-
alton of Life Insurance Underwriters,
National Credit Mems association, the
American Life convention, and other
national bodies.
make Budget" One Commandment
The ten commandments as recon-
| mended by Walter w. Head Of Omaha
vice president of the National bank
section of the American Bankers as
ISOLATION, are:
1. Make budget.
2. Keep an intelligent record Of ex'
penditures.
8. Have bank account.
4. Carry life insurance.
5. Make a will.
6. Own your home eventually.
Z. Pay your bills promptly.
8. Invest in War Savings stamps
and other government securities.
9. Spend less than you earn.
10. Share with others. Thrift With
out benevolence is a doubtful blessing
The eight days Of the Nationa
Thrift week have been named after
some points of the financial creed, a:
follows:
Saturday, January 17-"Bank day
or National Thrift day." to empha
size the need for individual thrift ant
the service q bank renders com
munity.
Sunday, January 19-"Thrift Sun
day." with sermons in all AMerca1
pulpits on the relation Of economic
life to religious well-being and thu
need of sharing with others.
Monday January educational In
surance day." to stress the need O.
protecting ones family.
Tuesday, January 2O-"Own You
Home day." to show why 1t is desira
BILE and how it is possible to ewn you
own home.
Wednesday, January 21-'Make :
Will day." to urge men to make wills
Thursday, January 22-'Thrift il
Industry day." to advocate factor,
thrift and cooperation between CAPT
tai and labor.
Friday, January 23-"Fami1y Bulge
day."
Saturday, January 24-''Pay You
Bills day."
Employer Is Affected.
Supporting this movement in an ad
dress to the bankers in their conven
ton here, Arthur M. East of New
York, national director Of the Thrift
week movement, said:
Financial and industrial leaders ar
interested in the increased cost Of liv
ing because they know that in mos
cases the bill for the increased cos
is handed by the worker to the EN-
p1oyer for liquidation. The bill for tn
cost resulting from the ineficiency o
the average man and housewife in tn
spending of money and their failure t.
get full value for money received i
also handed to the employer for pay
ment either in increased demands TO
wages or in increased dissatisfaction
and industrial unrest.
$50 many employers are learning
that, along with plans for stimulating
! the interest of the worker in his JOB
there must go hand in hand with l
an education of employees in funda
mental economics and in the use ant
value of money"