The Journal of the Century: “The Making and Saving of Money”
I recently acquired the most fascinating book from a local book sale. The book entitled, The Journal of the Century takes a look back at popular articles that have been written in the Ladies Home Journal and includes articles that go back to the 1880s when the magazine was first published. What I have found most interesting about the book is that some of the issues written about are still relevant today. It really epitomizes the old adage, "history repeats itself". I thought it would be neat to share some highlights of my favorite articles from the book, so you could see for yourself. The first article I will like to share with you in this series of posts is entitled, "The Making and Saving of Money" and was written by Henry Clews in the 1880s. Below are some tips from the article on money: "The first step to acquiring a fortune lies in hard work." "Save something each day no matter how little you earn." "Keep a bank account." "Do not take up this or that scheme at a venture, but examine it carefully, and if you see your way clear, put your money into it." "It has been truly said that any fool can make money, but it takes a wise man to keep it." "A man who is wise, careful, conservative, energetic, persevering and tireless, need have no fear of his future. But there is one other thing. He must have a steady head, one that can weather the rough sea of reverses, from which no life is altogether free, and one that will not become too big when success attends his efforts." "It is from little acorns that great oaks grow." See that you begin aright early in life. Save your money with regularity. By so doing, you will more than save your money; you will make money." You have to admit the advice given in this column written in the 1880s is very sound advice that can definitely relate to our economic climate. I'm sure that with these tips in mind almost anyone (emphasis on the almost, it is a recession pretty much a depression) can go from "Laid Off Team" to "Booyah!".