The Secret Of Wealth
132 total pages.
The average savings account in this Country is now much larger than in any other country and a larger percentage of our people have become savers than has been the case in any other country. Perhaps we should not give ourselves too much credit because we earn so much more than the people of any other country and, therefore, we can save more. There are twelve times as many savers in the other countries of the world as in the United States, but one-third of all of the savings bank deposits in the world are in this Country. We are getting away from the old idea of earn all you can, spend what you like and save the rest. A corporation without net earnings is a failure and is soon bankrupt. The same economic law applies to the individual and, if he would save himself from being a failure and from ultimate bankruptcy, he must so arrange his affairs as to have some net earnings every month. The financial problem before each of us is-- How to get money How to spend it How to save some of it How to become independent
CHAPTER XIV "The philosophy which affects to teach us a contempt of money does not run very deep."--Taylor. ONE of the most common and most serious leaks in the purse of the average person is money spent on friends, distant relatives or acquaintances. There are many people who will permit you to pay the carfare or the admission or the luncheon check or the soda check without a qualm. It has become a fine art with some people to let others, who are more liberally disposed, pay many of their incidental expenses. "There is a man in our town who almost always takes a taxi, even when going but a few blocks, if some one else is with him to pay the fare. He is never seen to take a taxi when alone nor was he ever known to pay the fare when with others."
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The Secret Of Wealth