The Barre daily times. (Barre, Vt.) 1897-1959, 1919-10-18
TEN COMMANDMENTS
TO GUIDE THE FRUGAL
Start Off with Advice to Make a Budget
and Ends with the Admonition
to Share with Others.

| st. Louis, Mo-, Oct. lS.-Ten COM
mandments for the guidance of a mans
financial life have been drawn up by a
national committee of bankers and 9th.
ers to aid in the great drive of 1920
against the cohorts Of high cost Of liv-
ing.
This decalogue for the frugal man to
| stiffen his morale in a battle to save
| something from the profiteers and rent
raisers is part of the program for the
national thrift week to begin Jan. IL,
next
Plans for rallying the armies Of money
savers for the 1920 drive by holding this
thrift week were approved by the Amer
| lean Bankers association in its recent
convention in this city. The idea al
ready had the endorsement Of the Unit
ed States League Of Building & Loan
Associations, National Federation of
| Construction Industries, Retail Credit
Mems association, National Association
of Life Insurance Underwriters, Ma
tional Credit Mems association, the
American Life Convention and other ma
tional bodies.
The 10 commandments as recommend
/ ed by Walter W Head of Omaha, vice
president OF the national bank section
| Of the American Bankers association,
are;
l. Make budget
2. Keep an intelligent record of ex-
penditures,
3. Have a bank account.
4. Carry life insurance.
| 5. Make a will.
6. Own your own home eventually.
I. Pay your bills promptly.
| s. Invest in war savings stamps and
other government securities.
| Q. Spend less than you earn.
| 10. Share with others. Thrift with
| out benevolenee is a doubtful blessing
| The eight days of the national thrift
week have been named after some points
of the financial creed as follows:
| Saturday, Jan. l7-"Bank day" or
National Thrift day." to emphasize the
need for individual thrift and the serv-
ice bank renders a community,
Sunday. Jan. ls-'Thrift Sunday"
with sermons in all American pulpits
on the relation of economic life to re-
| ligious well being and the need of shar-
ing with others
Monday, Jan l9-'National Insurance
day to stress the need of protecting
one s. family,
Tuesday, Jan. 2o-"own Your Own
Home Day" to show why it is desirable
and how it is possible TO own your own
home.
Wednesday, Jan. 21--"Make Will
| day" to urge men to make their wills
| Thursday, Jan. 22-"Thrift in Indus
| try day." to advocate factory thrift and
cooperation between capital and labor
Friday, Jan, 23-"Family Budget
day"
Saturday, Jan. 24-"Pay Yur Bills
day"
Supporting this movement in address
to the bankers in their convention here,
Arthur NJ East Of New York, national
director of the thrift week movement,
said: Financial and industrial leaders
are interested in the increased cost of
living because they know that in most
cases the bill for the increased cost is
handed by the worker to the employer
for liquidation. The bill for the cost
resulting from the inefliciency of the
average man and housewife in the spend
ing of money and their failure to get full
value for money received is also handed
to the employer for payment either in
increased demands for wages or in in
creased dissatisfaction and industrial
unrest.
$50 many employers are learning that,
along with plans for stimulating the in
terest of the worker in his job, there
must go hand in hand with it an educa.
ton of employees in fundamental eco
Monies and in the use and value of
money -