It is the young man and young woman of to-day, with a practical
education, who will adorn our best homes of the future.
It is the manager and the financier who is the practical one.
It is the young man with good habits who has a bank account, who shows
evidence of becoming a financier.
It is the young woman who trains herself with the duties of home-work,
that will become a manager.
It is the observing, the prudent, who will be the practical one.
The majority of our young friends of to-day are beginning at the wrong
end. Instead of beginning at the bottom and training themselves for
the future, thereby making accumulations by steadily and patiently
adhering to one principle, never deviating truthfully and honestly from
the one purpose, and in addition establishing a good character, they
begin, as it were, at the top, with ideas that are only acquired by
lack of proper training, and in course of time find themselves where
they should have begun years before.
What a young man neglects before his thirtieth birthday, he can never
redeem.
It is the early dollar saved that is the valuable one in later years,
and the earlier one begins, the sooner he will have a financial
standing.
The dollar judiciously invested at the age of twenty, will have
accumulated at the age of sixty, about sixteen dollars, whereas the
dollar invested in like manner at the age of thirty will have
accumulated at the age of sixty only about eight dollars.
The most important thing to be attained, while striving for true and
successful aspirations, will be an established record, which is worth
far more than wealth. A young man with a record is a graduate of
practical training and is sought for everywhere. There is plenty of
room at the top. The demand is growing, even in these stringent times.
These self-made young men and young women are not as a rule among our
so-called society people. Society encourages extravagance and
dissipation, and that means ruin, more or less, sooner or later,
morally, physically and financially.
When a young couple start out in life together and they do really love
each other sincerely, there is one other thing, next to good health,
that is necessary in carrying responsibilities for a continuously happy
life, and that is good financiering. Without that quality, love will
soon fade away and disagreements follow.
What causes so many divorce suits? Bad financiering. Some of bur best
and brightest citizens are among our most inefficient managers, and
consequently have difficulties to battle with during life.
Therefore good management and saving qualities, together with good
character, are the essential points to be observed by young men and
women, equally well by husband and wife, in order to maintain
prosperity and contentment.
November, 1893.