South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-11-10
WOMAN F i a / Il R
GIVES ADVICE TO
MEMBERS OF SEX
Tells How to Place Money
Where Il Will Bring
Returns.
BY WILBUR J. BRONS.
.f--.-r sr..-- C.rr.f.a star Corr


pendent.
CHICAGO. nov. Q. - Chances in
finance or business that one cannot
anord should not be taken gratult-
Gus advice from failures ls worth lite
tie and last but not least advice i5
"a wonderful thing u the receiver
usas his own mind and Judgment ~
the last analysis.
The foregoing is the gi5t OF an In
terview with Mrs. Jacob Bauer, re-
garded as one OF the shrewdest wo-
men flnancicrs in the entire Middle
West
afrs. Bauer prefaced her inter
view with the statement that success
in the handling IL money can be
achieved only through strict adher-
cuce 20 n few sound business prln-
ciples. the first 0f which she says
Is.
spend lees than you receive!"
THAT remark Mrs. Bauer con-
tinued. Sounds tri-e enough % seem
foolish. but you would be amazed 20
find how long 10 takes 10 drive II
home 90 the minds Of some.
when 20 finally does dawn on a
woman that she can't possibly eX-
pect 90 haze money in the bank II
she lives En- excess Of her income she
will. n she is sincere in her wish
20 get ahead financially. start spend
Ing less"
Cites Good Rulc.
Mrs Bauer points with pride 20 q
rule that she made early In life and
never violated until she was IN "a po-
sitlOn o. reap .he rewards OF her
financial acumen-
.'netcrmlnc each year 20 make
more and spend less This is one ~
O.. H..e p. o.
lion % the woman who lives mp 10
n She takes "a special pride in the
amount OF money she s. able TO Top
of the expenditure total and even
greater satisfaction in tho figures
which show the increased amount
earned"
with the saving problem disposed
OF Mrs R1uer turned Go investment,
advising the budding fiuancier 'ncv-
or take u chance a rich man can
afford" and dcprccatiug tho ten
dency of women in general 20 ignore
ventures iu which the amount or
profit is small
women" she said. care generally
prone 90 scOru small returns ON an
Investment they can't gam bic
with "A gold mine they prefer 10
spend their money ON eXtravagant
living.
Make Investments.
This Is one Of Oh gravest errors
n money grubber can make. IL is al
ways wiser for the tenderfOOt TO
invest his money IN stable securities
that pay moderate returns. Fly by
night propositions that offer glowing
prospects and dividends often fail 90
rnaterialize. and the investor not
alone fails 20 -oCeive the promised
return on his investment. but fire.
quenuy loses the money invested as
we'll"
Mrs Bauer pointed ont the folly
OF accepting the advice - anyone
not a financial success himself and
the wisdom OF obtaining the advice
or others before reaching q cOnclu-
zion.
Think Yourself
"a woman can become Just as
clear and uncrring as man If she
trains her mind prOper'y-hut her
mind viii never he "a financial asset
* she depends on someone else 20
make her decisions for her Tn the
final analysis all the big problems
must be solved by ones self. Think
for yourselves. Study investigate
and look at your problems With the
same common sense YOU apply 90
other everyday matters
Mrs Bauer here took occasion 20
take q fling at husbands and fathers
who refuse to permit their women