Evening Republican, Volume 22, Number 64, Rensselaer, Jasper County, 17 March 1919 — RUN THE HOUSEHOLD ON BUDGET SYSTEM [ARTICLE]

RUN THE HOUSEHOLD ON BUDGET SYSTEM

Keep Careful Accounts and Divide * Family income Wisely— Suggestions for Various Salaries. A budget is absolutely necessary to the wise and well-proportioned running of a household. No budget can be made to lit all families, even families of similar size, locality, etc., but tire wellproportioned budget provides a fair financial basis, a starting point from which to begin the work of wisely dividing the family Income. The main thing is to get the budget started, to keep careful accounts — In a way that will permit analyzatlon of expendl turee —for at least several months; a year, if possible. Many people keep accounts, personal and household, only In a way that balances cash and shows how it has been generally expended. A budget should do better than that An exact bndget Is difficult to provide at present, with all living prices in a state of flux but with a prevailing upward tendency. Figures differ greatly In various sections of the country, frequently in various sections of the same state. But in strictly industrial centers, it has been authentically computed, food usually consumes about 43 per cent of the ordinary income, shelter 18 per cent, fuel and light 6 per cent, and the various “sundries” so grouped because so difficult of more ■ exact classification, 20 per cent. In she following suggestive budgets for varying Incomes the “saving” Item has been placed first as most necessary where the family Income is not too large and Is practically Inelastic. This Item may Include life insurance, savings bank accounts and such Inevitable Income-bearing governmental securities absolutely necessary with the kind of Incomes noted—as Liberty Bonds a.'id War Savings Stamps.

Expenditure Budgets. Annual Income SI,BOO. Yearly Monthly Saving $ 102.00 8.50 Shelter 360.00 30.00 Fuel and light.*.... 190.00 15.00 Food and service.... 720.00 - 00.00 Clothing .........i-. 240.00 20.00 Carfare 60.00 5.00 Recreation, church, charities, etc 90.00 7.50 Emergency or household maintenance fund ...» 48.00 4.00 Total ....$1,800.00 $150.00 Annual Income $2,000. Yearly Monthly Saving $ 120.00 $ 10,00 Shelter 890.00 32.50 Fuel and light 210.00 17.50 Food and service... 780.00 65.00 Clothing 270.00 22.50 Carfare 60.00 5.00 Recreation, church, charities, etc 108.00 9.00 Emergency or household maintenance fund W.OO 5.06 Total ~.52,000.00 $166.66 Annual Income $2,500. Yearly Monthly gating 198.00 $ 16.50 Shelter 540.00 45.00 Fuel and light 240.00 20.00 Food and service,... 900.00 75.00 Clothing ........... 300.00 25.00 Carfare 60.00 5.00 Recreation, church, charities, etc 150.00 12.50 Emergency or household maintenance fund 111.66 9.33 jr Total $2,500 $208.83 Annual Income $3,000. Yearly Monthly Saying $ 240.00 $ 20.00 Shelter 720.00 60.00' Fuel and light 270.00 22.50 Food and service..,, 900.00 80.00 Clothing 360.00 80.00 Carfare 90.00 7.50 Recreation, church, charities, etc, 180.00 15.00 Emergency or household maintenance fund .i.. 180.00 15.00 Total , $3,000.00 $250.00 For the Initial preparation of a budget household co-operation must be obtained. The exact disposal of certain huger Items, such as rent, fufel, food, must be decided, plans only changed thereafter when proven Impracticable as at first arranged. A full account of personal and household expenditures should be kept for future reference and possible budget readjustments. Fairly, Jnstly tried, the bndget system will lift many a family from a financial Sloogh of Despond to sunshiny financial heights. SPEND WISELY INVEST SAFELY

Lot* of Monty In America. „

There Is more money in America than ever before In its history. War Savings Stamps are being offered. By potting our money into,these government securities the imtion will be helped, the funds will be safely and profitably Invested and the thrift habit will be given a further Impetus.