Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-10-19
Ten Commandments
for the Guidance
of Mans Finances

st. Louis, Oct. 18.-Ten command
ments for the guidance of a mans fl
nancial life have been drawn up by
q 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 a battle to
save something from the profiteers
and rent raisers is part Of the pro-
to begin January II next.
Plans for rallying the armies of
money savers for the 1920 drive
by holding this thrift week were ap-
proved by the American bankers as
ISOLATION in it's recent convention in
this city. The idea already had the
endorsement of the United States
League of Building and Loan ASSOC
citation, National Association of Life
Insurance Underwriters, National
Mems association, the American Life
convention and other national bod
bodies.
The 10 commandments as recon-
mended by Walter w. Head of Oma-
ha, vice president of the National
bank section Of the American Bank
ers' association are:
l. Make a budget.
2. Keep an intelligent record of
expenditures.
8. Have a bank account.
4. Carry life insurance.
S. Make q will.
6. Own your own home even
tually.
z. Pay your bills promptly.
/ 8. Invest in war savings stamps
and other government securi-
ties.
8. Spend less than you earn.
10. Share with others. Thrift
without benevolence is a doubt
full blessing.
The eight days of the Nationa
thrift week have been named after
some points of the financial creed as
follows:
Saturday, Jan. 17.-"Bank Day"
or National Thrift day." to empha
size the need for individual thrift
and the service a bank renders 6
community.
Sunday, Jan. 1S.-"Thrift Sunday
with sermons in all American pulpits
on the relation of economic life t.
religious well being and the need Of
sharing with others.
Monday, Jan. EDUCATIONAL Insur
ance Day" to stress the need Of pro
tecting ones family.
Tuesday, Jan. 2O.-"Own your
Own Home Day." to show why it is
desirable and how it is possible tx
own your own home.
Xalnoc1au 10 9
Will Day." to urge men to make
wills.
Thursday, Jan. 22.-"Thrift in In
dustry Day." to advocate factory
thrift and cooperation between CAPT
tai and labor.
Friday, Jan. 23.-"Family Bulge
Day."
Saturday, Jan. 24.-"Pay You
Bills Day."
Supporting this movement in ad
dress to the bankers in their con
vention here, Arthur M. East O.
New York, national director of tn
thrift week movement, said: "Ff
nancial and industrial leaders are in
terested 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-
ployer for liquidation. The bill TO
the cost resulting from the ineffi
cheney of the average man ant
housewife in the spending of none.
and their failure to get full value TO
money received is also handed to tn,
employer for payment either in in
creased demands for wages or in in
creased dissatisfaction and industrial
unrest.
$50, many employers are learning
that, along with plans for stimulat
ing the interest Of the worker il
his job, there must go hand in han'
with it an education of employees il
fundamental economies and in tn
use and value of money"