“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind”–T. T. Munger.
FOR everything you have missed, you have gained something else; for everything you gain, you lose something.”
The law of compensation is working every minute.
Beneath the insidious poison of spendthrift habits manly virtues and vigorous minds decay like figs in the sun.
Luxurious living breeds waste of money, and waste of money breeds rotten hearts.
No nation is stronger than its men.
The squirrel shooters of Washington’s army did not roll in cushioned automobiles and wear silk hose.
They had hard bones–and that goes with frugal living and thrift.
The best blood will thin if fed on luxury. The Greeks routed with a few hundred men at the pass of Thermopylae the glittering horde of Persia. But later after a time of wealth and ease, that heroic race became so effeminate that they wore light rings in summer and heavier ones in the winter.
That was the end.
Greece was lost by the men who died in defending her.
“The aristocracy of idleness has passed. We have become a nation of workers; and we discover that the qualities which make a good soldier also evolve a good citizen.”
“All work and no play makes Jack a dull boy” is no more a truism than” Play hard and die young or work hard and live long”. All play and no work develops the criminal instincts just as surely as all work and no play dulls the imagination.
What this Country needs is more workers and savers and less slackers and wasters. The so-called buyer’s strike after the World War took the wrong turn. It was not necessary to stop buying to reduce prices; it was only necessary to stop wasting.
Work hard, buy what you need and what you can honestly enjoy and save the rest.
No man can be really successful until he learns to work–and save. Let’s begin.
If we would work our heads half as hard in the spending of our money as we do in the earning of it, it would not take any of us very long to reach a comfortable financial position.
During the recent days of high prices, high wages and high incomes there have, unfortunately, been quite a few people to whom trying to make ends meet has been a heartbreaking effort.
Many of these people have not been able to make ends meet and probably five to ten per cent of the people have been going behind each month because they were not earning enough to live on.
Just having more money does not increase prices but spending more money does, for the reason that it has increased the demand for certain things while it has not at the same time increased the supply of the same things.
When the majority of the people begin spending more money than usual, the price of things promptly goes higher than usual. Should the majority of the people spend less money than usual, the price of things would immediately go lower than usual.
Wise buying and systematic accumulation make happy lives, comfortable homes and independent futures.
You are the custodian of your own future and the future of your family.
“It should be an indispensable rule in life to con?tract our desires to our present condition, and what?ever may be our expectations to live within the com?pass of what we actually possess. If we anticipate our good fortune we shall lose the pleasure of it when it arrives, and may possibly never possess what we have so foolishly counted on.”–Addison.