Milford chronicle., 1941-07-11
M0mE EDWGATN@M N
"The Child's First School is the
Family"-FRoEBEL
Issued by the National Kindergarten
Association, West 40th Street,
New York City
LEARNING TO HANDLE MONEY

Lucia Mallory
AS / was walking to the librarI
one morning last June, l met Patty
Ellis on her bicycle.
Guess what I'm doing this sum.
mer, Miss Mallory!" she cried
I'm earning my own money pick
ing berries at a farm out on the
hill road!"
That's fine," 1 answered. mo
wonder you're such an early bird. i"
I've been going out there early
every morning since school closed"
Patty continued. "I'm earning over
seventy-five cents a day."
l heard more about Patty's work
when her mother and l were seat
ed together at a club meeting later
in the summer.
Patty had her first experience
at earning money this year." Mrs.
Ellis told me. "She picked straw
berries at Owens Berry Farm. Her
father and thought she would tire
of it quickly, but she worked every
day until the season was over"
Il met Patty one day, and she
told me she was earning her own
money" / answered.
"She made almost twenty dol
lara," Mrs. Ellis continued. 1T
seemed to- her such a big sum that
she planned to spend it a dozen
ways, so her father just took the
check and put it into her savings
account. Then he gave her five
dollars to spend
"And took from her all the Joy of
handling her own money!" l al
most gasped.
Instead of that made no COM
ment. But how did wish that it
were within my province to tell |
those parents that it was the sat
isfaction of earning money for her.
self that had kept Patty going |
faithfully to work every day! Why
didn't they realize that the money
was hers to learn to handle wisely? |
They could have made suggestions.
They might have advised her to
put a portion of her earnings into
her savings account and spend the
rest for something she specially
to earn the money by her own
choice, the final decision with re-
gard to spending it should have
been hers also.
No one can learn about money
unless he handles it himself. 1t
does not take many mistakes to
teach boy or girl that money is
not elastic and that money once
spent is never reclaimed.
A savings account means more
to the child who puts the actual
money into it himself and carries
his own bank book, than to one
whose parents keep it for him. -
Marilyn Fuller spends many af-
ternoons and evenings taking care
Of children while their mothers are
away.
How can l spend the money 1
earned taking care of Bobby Jack
son last night?" heard her ask
One of her friends as they stood at
my desk in the library. There's )
ISN'T anything that l need right
low."
To my delight the friend replied, /.
Why don't you start a savings
account, Marilyn? I've had mine
or long time. You'd be surprised !
@ see how fast 1t grows!" :
II believe I'll do that" Marilyn
Igreed happily. 4
Her friend had given her the :
light answer. i
Only by actually carrying out =
10Th processes himself can any q
me arrive at a satisfactory appor- \
ionment for saving and spending.
t is of no little value to know Il
Vhen to save and when to spend.
1any an adult bankrupt, and even y
lany an adult criminal, might n
ave been saved for normal living y
he had been trained from child u
ood in the handling of money.