If you ever hope to be considered a thrifty citizen, a man to be looked
up to, you must exhibit some financial standing.
You can do this by opening a savings bank account. A man who has a bank
account is never ignored, whether his account is large or small. It
means something substantial, and you feel more like holding up your head
and looking at the sun without a smoked glass.
Many people save their money, or think they do, by hiding it away in the
bottom of a trunk, burying it, or carrying it around in their pocket.
These people generally lose their money because it is as easily
accessible to others as well as to themselves.
Banks are safe institutions at the present day, but not a bank run by
private parties for their own benefit. You must not be deceived by
glowing promises of returns on your money, for they always come from
those who are scheming to get it away from you without returning it.
There are all sorts of tricky people roaming about looking for those who
have a little money saved up and who are afraid to put it into a savings
bank. Do not listen to them for you will be deceived. You can not take
up a newspaper without reading about some man or woman who has been
defrauded of the little money hoarded in a tea pot, or burned up in an
old stove, dug up from some secret hiding place under a tree, or picked
from his pocket by an enterprising thief.
Trust your money to first-class savings banks and it will be there when
you want it, and it can not be lost or stolen. The bank is responsible.
“Some banks burst.” True, but not a good bank, the shady ones always
fail when they get a good sized roll.
If you do not know enough to put your money in a safe place, you do not
deserve to have any, and you generally do not.