The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-08-29
BUDGET FOR THE HOUSEHOLD.

American being urged by high officials Of the
to adopt the budget system in family bookkeeping
Members Of who advocated and worked for the passage
of the law creating the bureau of the budget insist that the
principle should be adopted every home the United States
Those who have made study of the question contend that wives
and mothers better than the actual badwn
OF the family Much OF the financial difficulty in great
American homes the advocates of the household budget
assert due to the lack OF system suitably apporonng
the family income to the cost OF food shelter savings cloth
ing and the other things which be provided for decent and
comfortable living not forgetting provision fo education and
wholesome recreation.
Failure Of commercial establishments chart their in
such avoid the reefs and shoals OF bankruptcy has
resulted business shpwrccks Lack Of knowledge Of the
financial condition Of his business has caused many
whose has been marked enterprise and energy
to grief Many Of the troubles and worries in the American home
have been caused by the sort OF ignorance The problem
be solved by merely living within the famys income The
contents of the envelope must be pportoned IN such way
leave reasonable each week for safe investment
Treasury securities backed by the strength OF the gov
pay the Of per cent annum COM
pounded quarterly when held maturity and always be con-
verted into cash than the purchase price
Recognition Of the sad effects of the lack Of system in family
financing has caused many newspapers and publications to adyo
the oldest and influential newspapers in the United
States commenting the campaign that being conducted
In Massachusetts bv the Association for the Promotion and Pro-
Savings says the failure many wageearners to
Of their income is situation that confined TO
no one class Of society 1t creates conditions saws Transcript
under which the wetodo find patience and temper tried in
efforts keep the bills paid and that the poor and nece
aes must often be dispensed with because the money that would
have paid for them has nlysteriousy disappeared
"The effort ncucae habits of thrift among their employees
is not the Of employers continues The Transcript
Plans winch savings oil workers may DC 50
vested make them virtual Of employing concerns
familiar There has also been persistent effort educate
wage habits of prudence and saving But the cam
pagn which has been undertaken comprehensive
character than the preaching OF expenditure val
able they may be- Here attempt provide tor the wage
workable system for determining advance how he shall
spend his money Obviously involves the creation OF methods
advice and instruction adapted novel and complicated task
FThe undertaking that deserves The day has
gone by when Americans afford to live to their odme
reputation nation of exravagan spende There be
prevalent idea the old world that every Yankee millionaire
but this side OF the water know that the OF
pie the they would live comfort and share
the uxries of life period when earnings to be
many lines because of the eadustmen from wartime
to conditions That makes all the desirable
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