Show I What Is a a Tightwad 4 I V THAT is a tightwad Uncle Sam in a W Y J booklet defines him as a man who saves 60 cents out of of dollar and every expends exp expends ex ex- ex- ex p 37 cents of the the- balance for living expenses and 1 1 cent each for education recreation recreation recreation and arid alms That description might hold true in in some some cases But But how about the rich Thousands of them would find it next to im impossible possible no ro o matter how extravagant to save less than 60 cents on the dollar You cant can't define a tightwad d It depends on the income of the individual so it lily illy varies A poor m man man n ambitious s to to get ahead av and accordingly saving 60 cents I out of each ac dollar dolIar tj t comes omes hf his Yay way ls is isa is a fox no not nota a tightwad The trouble is IS is too many of u us save without a definite motive The motive independence ce usually exists until w w WP- wart art er rl Then frugality is so so firmly I established jas as a habit that it becomes an obsession obsession obsession ob ob- ob- ob session fo form of mania S SHow How but about a spendthrift Ah 1 hes he's easier to define Uncle Sam describes him hini himas as a party who saves nothing spends 58 cents cents out out- of each d dollar on 01 living expenses p 4 40 cents cent's on recreation and 1 I cent each for a arms ms' ms and education Doctors specializing in endocrine will tell you that tha a the in wool spendthrift is simply a man man ith with ith the peculiar condition of the adrenal glands that keeps keeps' him absolutely f fearless arless' arless A Aero hero for instance nce is a spendthrift with hi his life A coward oward is frugal with his his' life life more th than n frugal miserly t l 4 l Always an interesting su subject this matter lof of ho v ho w much we should save Un Uncle e Sams Sam's booklet says that t the e f normally thrifty ty m man n saves 20 cents out of each each- d dollar lar spends 50 So o cents on living expenses expense and and- andio 10 10 io cents cents' on al s recreation rand and nd education |