me in search of you; for he that
buys what he does not want will soon want what he cannot buy."
"I hope that there will not be another sale," exclaimed Horace Walpole,
"for I have not an inch of room nor a farthing left." A woman once
bought an old door-plate with "Thompson" on it because she thought it
might come in handy some time. The habit of buying what you don't need
because it is cheap encourages extravagance. "Many have been ruined by
buying good pennyworths."
Barnum tells the story of one of his acquaintances, whose wife would
have a new and elegant sofa, which in the end cost him thirty thousand
dollars. When the sofa reached the house it was found necessary to get
chairs "to match," then sideboards, carpets, and tables, "to correspond"
with them, and so on through the entire stock of furniture, when at last
it was found that the house itself was quite too small and old-fashioned
for the furniture, and a new one was built "to correspond" with the sofa
and _et ceteras_: "thus," added my friend, "running up an outlay of
$30,000 caused by that single sofa, and saddling on me in the shape of
servants, equipage, and the necessary expenses attendant on keeping up a
fine 'establishment' a yearly outlay of eleven thousand dollars, and a
habit of extravagance which was a constant menace to my prosperity."
Cicero said: "Not to have a mania for buying, is to possess a revenue."
Many are carried away by the habit of bargain-buying. "Here's something
wonderfully cheap; let's buy it." "Have you any use for it?" "No, not at
present; but it is sure to come in useful, some time."
"Annual income," says Macawber, "twenty pounds; annual expenditure,
nineteen six, result--happiness. Annual income, twenty pounds; annual
expenditure, twenty pounds ought and six, result--misery."
"Hunger, rags, cold, hard work, contempt, suspicion, unjust reproach,
are disagreeable," says Horace Greeley; "but debt is infinitely worse
than them all."
"If I had but fifty cents a week to live on," said Greeley, "I'd buy a
peck of corn and parch it before I'd owe any man a dollar."
To find out uses for the persons or things which are now wasted in life
is to be the glorious work of the men of the next generation, and that
which will contribute most to their enrichment.
Economizing "in spots" or by freaks is no economy at all; it must be
done by management.
Let us learn the meaning of economy. Economy is a high, humane office, a
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