South Bend News-Times, Volume 37, Number 91, South Bend, St. Joseph County, 31 March 1920 — Page 16

1ö

S v V'. txx; t--x txx SS I rx VN'.1 IS 5 KW v. fX .v ' ;-x x : SV RS FS: VI '."X X fx. Vx" t t x txtx ?-xv

WLDMlsDAY MOItXI.VG. MARCH 190

THE SOUTH BEND NEWS-TIMES

! ! y xT7Txx y-yxx vTTTTV. ' i-yV-rT

d

CZ3C

you una

m mucin a

J

Eighty-eight men out of every hundred over 65 years of age in this country are dependent for support either upon their children or upon public charity. This startling bit of information was made public recently by a large life-insurance company upon completing an investigation. Think of it. This condition existing in a country where men are better paid for their work than in any other place in the world. We are an unduly extravagant people. We are reckless spenders. We forget that it is not what we earn but what we save that determines our financial position in life. Sit down and figure how much you would be worth today if you had saved 15 per cent or 25 per cent of your income since you commenced to earn money and had put your savings where they would have been profitably at work for you. It is not necessary for a man to receive a big salary before he begins to put money aside. Jones earned $2,000 last year and saved $400. You earned $3,000 and saved nothing. Which made the most? A mighty good way to save money is to imagine that your income is smaller than it really is, and put away the difference. Whatever your earnings are, conduct yourself as if they were one-tenth less, and save the difference. Invest this difference in a safe and soundly managed business enterprise and receive a high rate of interest. Don't be content to limit your income to your own earning-power. Add the earning-power of savings to it. Making money is just a question of SAVING money. On that basis, how much are YOU worth? Second Installment Third Soon Watch for It