Jasper County Democrat, Volume 17, Number 96, Rensselaer, Jasper County, 10 March 1915 — TOLD BOYS HOW TO BE RICH. [ARTICLE]

TOLD BOYS HOW TO BE RICH.

Wisconsin Pioneer's Ilule for Saving Money and Speculation. Madison, Wis., March B.—-D. K. Tenney, eighty, one of the earliest settlers of Madison, member of the first class in the state University, former mayor, giver of land which has been made into beautiful public parks, died here after a short illness of pneumonia. He left a fortune of several millions, including $2,500,000 of Madison . real estate. Dan Tenney was the example which Madison mothers usually presented/to their son as an inspiration to thrift. He walked into the village in 1850, with all his worldly possessions wrapped in a bandana handkerchief and swung on a stick over his shoulder. Besides the ability to set type, he had this rule of conduct:

"Have a steady job; take 25 per cent of your income and set it aside in some savings plan or aboslutely nonhazardous . investment; adjust your living so that the other 75 per cent of your income will cover it and perhaps leave some for speculation, Don't risk the 25 per cent in speculation, but if you can squeeze anything out of the 75 per cent, it’s all right to take a flier. Follow this rule and you’ll never know poverty.