Evening star., 1923-12-26

keep accounts by marks on a black
board or in a notebook; as soon as
he leDrns figures de can keep a real
account book by himself.
Greater Responsibility.
AS he approaches his fifth birthday
the young financier will have learned
to reckon with cash and he can be
intrusted with greater responsibility.
His allowance can be raised to 15
or maybe 25 cents a week with
which he can buy his own stock
ings and rubbers. say. Hand
kerchiefs and lead pencils can soon
be added-anything of which he
careful consideration will bring him
a real reward in more cash to spend
for other things. Let him do the
actual buying Of such things as he
! pays for: the age of five is none too
soon to begin education In how to
| make wise purchases. Also he will
| be much more interested in conserv-
ing II he has the responsibility of the
whole business.
J With each succeeding birthday
| should come an increase of the al
lowance and with 1t an increase in
responsibility SO that by the time
! your son or daughter is eleven, or
twelve at the latest, he or she is ham
ding all the money spent for cloth
| ing and school incidentals and is
! buying -
| In large cities where it IS difficult
| to take child down town, ono trip
every couple of months can be plan
ned for; cash can be saved up ahead
and list constructed so that all the
buying for a season is done at one
! time. If a child is encouraged to
study the newspaper advertisements
his financial education will be greatly
helped; he will learn market prices
/ of the very things he is needing and
will learn to estimate accurately just
how much he will need to save up
for certain things. These occasional
! trips will also teach him how to make
spending ahead. and then. when he is
grown up. intelligent planning will
seam second nature; he will have
learned how to get the very most
/ from his money.
! AS the years OF higher education
! come, they can be met with under
standing. High school girls and boys
who have had this training are not
spe1dthrifts. wasting their parents
/ partners wanting their pretty
clothes and good times. to be sure.
but willing to figure it all out of
whatever seems a fair allowance of
| the family income.
Stipulated Allowance.
But remember-once the amount
"a tie diloN dIiSc 10 ds ccst upon edCll
year. your child must receive that
amount and no more, at the appoint
ed time. Just the minute a parent
begins supplementing with dimes or
dollars, just that minute the child's
faith in his parents word vanishes-
and with it goes ali hope Of really
happy partnership in home finance.
The teasing child leases because he
has found teasing successful-and for
no other reason.
But doesn't all this allowance
business take tinle?" asks some one.
"and the buying with a child and all
that? Doesn't it mean work."
To be sure, All education is work
for some one and this happens to be
Kind of education that has to be
done at home. But we all want our
girls and boys to be successful: to
found happy homes and to have a
better chance in the world than we
did. so let's give them every chance
to, learn, while still young. this very
important business Of handling
money. =;
Try it and you will find how very
richly your time and effort bring re-
; turns in understanding. in family co.
operation and in happiness for all.
iCopyrieht.)