El Paso herald. (El Paso, Tex.) 1901-1931, 1920-08-05
SAVE SOMETHING, NO Matter HOW
LITTLE, AND ENJOY THE GAME

THERE are few men OF women boys or girls earning
money who cannot something out of their weekly
monthly wage The habit may in be hard to
establish, but established becomes like most other
habits hard to break oneself Of Some persons neglect to
start the saving habit because they say the amount they
could spare would be small it would not be worth
while Yet those who have the saving habit today in
most began with very small amounts pennies
and the habit grew.
If children be encouraged to put pennies and nickes
away and watch then grow they learn to take
pride IN TIE amount Of their savings 1t is not necessary
to insist that the children merely hoard the money. In
deed, they VIII generally appreciate the value Of money
if they allowed spend it for what they
The main thing is to impress upon them that if they spend
their savings for thing they must go without
thing else until they accumulate another little pile for
themselves The lesson in self denial is automatic
though have an almost purely selfish motive The child
VIII IN order to gain the greater enjoyment and that
is al the motive lots Of folks need
There are so many ways nowadays to put money away
profit that need feel that It is useless to be-
gin. Thrift stamps always be had and they bear in
terest The savings banks VIII accept 81 deposits and the
interest compounded semiannusy the balances An
sorts Of fst class securities bearing good interest can
nov be had IN denominations low $780, and many
Of these have ready market that they liquid
bank notes. and can often be used as currency in case of
need
when savings grow to several hundred dollars, it be-
possible to invest the percent real estate notes
which any bank OF trust company mortgage company
VIII sell at par and accrued interest. These notes
based such sterling security and perfectly safe
guarded that the selling bank viii practically guarantee
their payment There IS ready local market ror these
securities so that the savings are liquid and can be real
lied at any time.
When one desires to diversity ones investments there
several first class industrial stocks that be had
and through this acquires part ownership IN
great local institutions that the founda
tons Of the city itself Without assuming any rsk to
speak Of becomes partner IN great going concern
and in the profits and the growth Of values that
with the increase Of population and business &C
tfEity.
After one has accumulated $500 OF more the purchase
Of home becomes possible and for family whose wage
esrners are employed here who living rented
house apartment there wiser safer form Of IN
vest1ng savings than this whether one buy nome al
ready built build to suit special tastes is nat
Of choice but there nothing else that surely
mans status IN his community as the ownership Of real
estate
Buying securities Of any kind OF real estate, the par
ta payment instaent plan good educational value
and the investor IS constantly tempted to and
invest more The pleasure OF ownership Is real pleasure
which than cOmpeusates for the temporary depTva
ton Of things would like to buy but af
ford Having home to pay for is not burden but It is
tie to rational and careful living check extraTa-
gance and kind of insurance against disaster
Speaking Of insurance, woman having de-
pendsuts afford to neglect life insurance safe rule
for earners saar1ed worker and business man
follow Is to cary life insurance to the amount Of ones
Indebtedness besides suitable the
family against want and give the children education in
case the principal provider should be taken away.
Most forms Of life insurance pile up value
value cash value outside Of the cost of simple pro
lection an emergency the insured borrow a sub
staual on his policies at OF percent and pay It
back when he gets ready. He borrow from the
pany TO pay his premium BE cancel his policy and
take the cash value But It gives Of security
to know that Is all the time piing up by Of
his moderate annual premium payments substantial
Of his that is good ready cash him. be
sides providing amply for his family IN he suffers
accident death.
There is no reason Why every man and woman boy and
gil, working for wages salary should not become
capitalist" his account. Capital is merely saw
ings and he she who saves however little begins to
feel the strength that from having disposal Of
ones If every dollar il spent It is