Community Civics and Rural Life by Arthur William Dunn
page 197 of 586 (33%)
page 197 of 586 (33%)
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their children, in travel, in investing money in serviceable
enterprises, and in the higher things of life, have to make A CHOICE in regard to what they shall enjoy, and as a rule prefer to sacrifice the grosser pleasures. CHOOSING WHAT TO SPEND People, and especially young people, need a certain amount of sweets in their diet. But when we know that the candy bill of the people of the United States amounts to $400,000,000 a year, that this is almost as much as the total amount spent for public education, that it is about double the amount used to keep Belgium supplied with food for a year during the war, or that it will buy 234 million bushels of corn at $1.70 a bushel, we may well think twice before deciding to spend MUCH money for candy. TESTS FOR SPENDING The few cents difference in the price of two articles between which we must choose, and the nickels we spend for immediate enjoyment, may seem to amount to very little; but the New York City street railways collected in a year $95,000,000 in five-cent fares, and the Woolworth Building in New York, one of the largest office buildings in the United States, was built from the profits of "5 and 10 Cent Stores." One thrift stamp a week amounts in five years to $65, and 14 cents a day at 4 per cent interest amounts in twenty years to more than $1500. In one of the "Ten Lesson in Thrift," the following "tests in buying" are given: Do I need it? |
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