The Secret Of Wealth
132 total pages.
Mrs. Andrews bought stock in a machine company and claims that she was swindled out of $10,000. Such shocking deceptions as this, practiced by individuals who take the much needed dollars of men and women, promising them an "investment" which will pay enormous interest or will make them a large fortune, are attracting fewer people each year. Nearly every one has some acquaintance who has been the unfortunate victim of one of these fraudulent "investments" and the lesson has not been forgotten. More and more people are satisfying themselves with a moderate interest on their savings, rather than taking any chances on the many "opportunities" offered them to get rich quickly. Substantial and sensible people who know how hard it is to get money are coming to the conclusion that "it is better to be safe than to be sorry." "Put not your trust in money, but put your money in trust."--Horace. Put every dollar you can spare from actual needs on interest. The dollar you put by today may buy two dollars' worth next year. It may add 50% or 100% to itself, and no chances taken. By avoiding unnecessary spending you can make your money bring the big returns you wish for and yet have it absolutely safe. "No man will lend his moneys afar off, nor put them into unknown hands."--Bacon.
CHAPTER XLII "Great fortunes grow from small interest." WHAT is paid for the use of a house is "rent." What is paid you for your work is "salary" or "wages." What is paid your money for its work is "interest." And interest is about the only money you ever can be sure of getting without working for it yourself. When you save a dollar out of your earnings, look at it! Think that it actually represents a part of your life, your strength, your youth. You can keep that much of your life and strength and youth, or you can spend it and have nothing to show for it. You can put it in a bank where it will wait for you and work for you, and will turn over to you every six months the wages or '' interest" it has earned.
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The Secret Of Wealth