The Secret Of Wealth
132 total pages.
The really thrifty person is one who lives well, pays all of his obligations, contributes liberally to worthy chanties and provides his family with everything necessary to make them truly comfortable and happy. His thrift is proven every time he spends a dollar. He gets his money's worth; he buys for permanency; he buys real things, not foolish baubles. This man buys nourishing foods and buys them in season; he buys rich and durable clothing, avoiding the extremes of fashion; he buys goods which he can see and examine from merchants whom he knows and on whose representations he can depend. He may have an automobile, but it is not painted red; he may have a piano, but it is not finished in ivory and gold; he may tip the waiter or the porter but not with greenbacks; he may attend the theater but he is not a first-nighter at every musical comedy; he may keep servants in his home, but not merely for ornaments. The really thrifty man is the man who, having earned money, know s how to spend it. A really successful man, whose name we would all recognize, made the statement a few months ago that, in his opinion, every person in this Country could live better than they are now living on less money than they are now spending, if they would use their heads as earnestly in the spending of their money as they do in the earning of their money. He said that his real success began one day when he suddenly decided that he was going to live better and spend less, if that were possible. He found it possible and he is now classed among the very rich. He has a right to his riches as has every one who will do the same thing. One of the very rich men of the Country who started in his present business at a daily wage just half as large as the daily wage of the lowest paid laborer in this Country today, recently said: -- "The great need of the world today is to work hard and save. This applies not alone to the laboring man, but the man of great means. There is no place in America today for the loafer." This was said by Charles M. Schwab.
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The Secret Of Wealth