The Secret Of Wealth
132 total pages.
The greatest cause of prosperity in this Country has been Daniel DeFoe's second triumph--the savings bank. It is, in fact, an institution provided for the convenience and profit of the people to enable them to take care of their money in safety, and to obtain interest on amounts even as small as a dollar. The most of us have ability in some line. The most of us are willing to work. But a man may work his fingers to the bone-- and yet be destitute in his old age, unless he saves money. One of the richest women in America does her own marketing. In this she displays the same cleverness and business ability which has brought her wealth; when asked why she took the time and trouble to make her own purchases for her household, she replied: "I do my own marketing because I then get one hundred cents' worth for every dollar I lay out." If more people did that, there would be less talk of hard times and the high cost of living. A millionaire New York widower lives in a costly home, well equipped and with many servants, but he will not tolerate the slightest waste. One morning when his coffee was brought to him, he lifted the pot and found it heavy. He sent for the housekeeper, and had her bring several empty cups which he ranged on the table before him. Then he poured the coffee and found there was sufficient to fill six cups. He pointed to them and said sternly to the housekeeper: "You know that I drink only one cup of coffee at breakfast. You have made six, so five of them are wasted. See that this does not happen again!" Capital is the margin between what we receive and what we pay out. True economy consists not in eliminating expenditure entirely, but in spending money with more care and with the definite purpose to make it go further. "Pride costs us more than hunger, thirst and cold."--Thomas Jefferson. "The short sayings of wise and good men are of great value, like the dust of gold, or the sparks of diamonds."--Tillotson.
| 
The Secret Of Wealth