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Avoid Debt – The Art Of Money Getting Chapter 03

Avoid Debt – The Art Of Money Getting Chapter 03

Chapter 3 Avoid Debt Young men starting in life should avoid running into debt There is scarcely anything that drags a person down like that It is a slavish position to get in Yet we find many a young man Hardly out of his teens Running in debt He needs a chairman says Look at this I’ve got trusted for a new suit of clothes He seems to look upon the clothes As so much given to him Well It frequently is so But if he succeeds in pain and then gets trusted again He is adopting a habit which will keep him in poverty through life That Robs a man of his self respect It makes him almost despise himself Grunting and groaning and working for what he is eating up or worn out And now when he is called upon to pay up he has nothing to show for his money This is properly termed Working for a dead horse I do not speak of merchants buying and selling on credit of those who buy on credit in order to turn the purchase to a pro BL Quaker said to his farmer son John Never get trusted But if he gets trusted for anything Let it be for manure Because that will help me pay it back again Mr Beecher advise young men to get in debt Is a code to a small amount in the purchase of land In the country districts If a young man he says But only get in debt for some land and then get married these two things will keep him straight Or nothing will This may be safe to a limited extent The getting in debt for what you eat and drink and where Is to be avoided Some families have a foolish habit of getting credit at the stores And that’s frequently purchased many things which might have been dispensed with It is all very well to say I am not trusted for 60 days and if I don’t have the money to creditor will think nothing about it There is no class of people in the world Who have such good memories as creditors When the 60 days right now you will have to pay If you do not pay you will break your promise And probably resort to a falsehood You may make some excuse or getting Depp elsewhere to pay it But that only involves you the deeper A good looking lazy youngfellow Who was The Apprentice boy ratio His employer said Horatio Did you ever see a snail I think I have He drawled out You must have met him then for I am sure you never overtook one Said the boss Your creditor will meet you or overtake you and say Now My young friend You agreed to pay me You have not done it You must give me your note You give the note on interest and it commences working against you it is a dead horse The Creditor goes to bed at night and wakes up in the morning better off than when he retired to bed because his in Has increased during the night But you grow poorer while you are sleeping For the interest is accumulating against you Money is in some respects like fire It is a very excellent servant But a terrible master When you have it mastering you When interest is constantly piling up against you It will keep you down in the worst Kind of slavery But let money work for you Any of the most devoted servant in the world It is no I servant There is nothing animate or inanimate that will work so Faithfully as money went place that interest Wells Secured It works Night and Day in and wet or dry weather I was born in the blue law state of Connecticut where the old Puritans had lost so rigid that it was said they fine Find a man for kissing his wife on Sunday Yet these ritual Puritans would have thousands of dollars at interest And on Saturday night would be worth a certain amount On Sunday they would go to church and perform all the duties of a Christian I’m waking up on Monday morning They would find themselves considerably richer than the Saturday night previous simply because their money plays dead That interest Had worked Faithfully for them all day Sunday according to law Do not let it work against you If you do there is no chance for success in life so far as money is concerned John Randolph The Eccentric Virginian once explained in Congress Mr. speaker I have discovered the Philosopher’s Stone Pay-as-you-go This is Indeed Nearer to the Philosopher’s Stone Then any Alchemist has ever yet Arrived End of Chapter 3 Recording by Jill Preston

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