Business Hints for Men and WomenCalhoun, A. R. (Alfred Rochefort)
Science
Business Hints for Men and Women
Calhoun, A. R. (Alfred Rochefort)
Business; Commercial law -- United States
When a person not accustomed to managing money comes into the
possession of a sum that it is not safe to carry about in the
pocket, what should he do with it?
Obviously the first answer to this question must be "He should put
it in the bank."
We have already given hints as to investments, and to these it is
not necessary to refer again, we are now considering another and
not an unusual phase of such a case.
Young men and women of all ages are very apt to be inexperienced
in these matters. As soon as it becomes known that such people
have come into the possession of a goodly amount of cash, which
they are not considered competent to manage, it is surprising how
past acquaintances suddenly pose as old and unselfish friends,
each with a scheme for doubling the money while the owner is
looking at it.
Now, there may be good, honest friends who are eager to advise and
help in a case of this kind, but they are sure to be outnumbered
by advisers who have their own little axes to grind.
Our advice is "Don't be in a hurry to invest. Your cash is quite
safe while in bank."
But no matter how promising, do not invest your money in a
business you know nothing about, even if it does carry with it a
position and a salary.
Find a good honest lawyer, despite sneers to the contrary, we
believe most men in the profession are of this character, and ask
his advice, and pay for his help if papers are to be drawn.
Buying rentable real estate is usually a good investment, provided
always that the price is reasonable, the title clear, and the
chances of its advancement pretty certain.
MEET YOUR DUES PROMPTLY
It is estimated that every man and woman in the United States
belongs to one or more societies of some character, and this is
not an overstatement.
Every member of such an organization is such by reason of election
and the payment of dues.
If you are a member of, or a pledged contributor to, a church,
lodge, grange, or other society, you should regard the prompt
payment of your dues as sacred as any other form of obligation.
The expenses of a properly conducted church are always
considerable, even in small communities. It is a disgrace to the
Christian organization that, after forcing down the pastor's
compensation to the barest cost of life's necessities, then force
him to run into debt if he and his family would live, or to be
forced continually to remind the trustees that his salary is far
in arrears.
If you belong to a lodge or other society, leave it if you
honestly feel that you cannot afford the dues. Neglect to do this
and your name will be dropped from the rolls on which it never
should have been placed.
COUNTING MONEY
Never receive money from any one without counting it. Count it at
once and in the presence of the giver.
Let it make no difference, banker, merchant, kinsman or friend, do
not fear to give offence, but right then and there, count the
money he gave you.
Public-domain text, read in full here on John Shaqi.
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