Financial advice published long ago that remains both good and true | members only access
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TALK MONEY WITH YOUR SPOUSE “Many women are kept in the dark concerning their husbands’ business affairs, their plans and investments. ... Husbands should take their wives into their
confidence, and explain what they are doing and why. In many cases the natural intuition of women may raise questions or sound warnings which, if observed, may avert disaster.” _—Making the
Most of Your Income (1937)_ SHUN HOT TIPS “Many a small investor goes into stock buying because he has received that peculiar something, or that indescribable nothing, which is known as a
‘tip.’ Ninety-nine and nine-tenths of the so-called ‘tips’ are intentionally misleading. People who have ‘tips’ good for anything usually have brains enough to keep them to themselves.”
_—How to Save Money (1912)_ YOU CAN BE TOO CHEAP “There is waste ... in false economy. It is always wasteful to buy articles of inferior quality, as sleazy towels and table-cloths that have
no wear in them, or loosely woven matting that soon pulls apart, or poor food that cannot be eaten.” _—How to Live on a Small Income (1909)_ DON’T BE DISTRACTED BY SALES PITCHES “When making
a purchase, keep your mind on the qualities _you_ are out to buy. This guards you from the irrelevancies of sales talk. Forget ‘From France Comes the Gift of a Smooth Skin’; think of
lather, freedom from alkali, and price per pound.” _—Your Money’s Worth (1938)_ LEND MONEY CAUTIOUSLY “Your friend comes to you to borrow one hundred dollars. You must consider, first,
whether or not you can afford to _give_ him the money, whether or not you can take the ordinary or extraordinary chance in justice to yourself and your family. If you decide that you cannot
afford to do this, then you should not loan the money.” _—How to Save Money (1912)_ BALANCE IS THE KEY TO WEALTH “ ‘If you know how to spend less than you earn,’ says one, ‘you have the
philosopher’s stone’; for, after all, it is not what we make, but what we save, that enriches us.” _—Six Hundred Dollars a Year (1867)_ MONEY IS NOT A CURE-ALL, BUT ... “Money isn’t
everything. It can’t always buy health and happiness, but if by your present thrift you are able to get into comfortable circumstances and banish the worry of debt, will you not be doing
something that will surely make for health and happiness?” _—The Book of Thrift (1915)_