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Show Borrowing Money is a Bad Habit. i shouldn't lend you money! Of course, you repay him nt your convenience! But bo feels tbat you hove established a precedent which you may follow ngain ot any time nnd It doesn't seem precisely right to him that his savings should be subject at all times to your desires. Borrowing Is n bad business, whether from a friend or from anyone. It means double work for yon to repay It and, more than that, it means that you nro nllowlng yourself to enjoy pleasures vou have not earned nnd to live beyond your income. Unless yon arc a capitalist with security to offer arid Investments for your borrowed money, you have no business borrowing, Your own mouey Is your own, bur your frlcud'8 Isn't 0rtR0WING money Is bad business n mighty bad business. It is easy to borrow and bo hard to repay. re-pay. The mnn who is saddled with debt Is always up against it and a slave to an obllgatlou that hangs over him like the sword of Damocles. For the man on salary the incurring of an obligation of this sort Is almost suicidal, even though It be a small' amount not, perhaps, hivaiit-o he will bo unable -to repny ihe loau, but because, from the broader view, he Is laylug-the foundations founda-tions of n habit thut will eventually undermine un-dermine his whole financial structure. There nro times when a salaried man simply has lo po Into debt unless he has followed the old ndngo of putting something some-thing nslde for a rulny dny. And that Is tne keystone of the arch of living without being In debt A man on talary who has worked only one year has no excuse for iK't having saved cunVlcnt to tide him over nn emergency. The trouble wllh most men Is that they Iwrrow monev for utd-rly superfluous nnd foolish purposcs. There's the chap who reaches his vacation vaca-tion time without having prepared for 1l He knew all along ih.it time v.ould come nnd ho would not have 8iii!lclot funds to get the most out of it. But ho put off the evil day, iU his mind's eve, with a sort of vague belief that something would turu up before -thru. At the eleveotb hour he realizes bo Is up spalnst it I here is but one way out of Ji he can see nnd tbnt Is to borrow tho money. And rlgal here is on lutc-resilus point that Kcner.illy hows the calibre of the -.,nu. Haung no security to offer, the borrowing of the money from the loan eou.paulcs Is very nearly impossible. So his only recourse is his friends. But uotleo the point he borrows from a friend wllh never n thought of puylDg him Interest on bin money. It was for that reason be kept nway from the loan companies. Though he might deny It, wilh a great deal of bluster nbout tno value of friendship being greater than any Interest, the man is really a parasite. Sometimes he repays the debt ond sometimes he doesn't If he does not he has, of course, lost a friend Irretrievably. If he dues repay It ho is nt least endangering endan-gering that friendship upon which he has imposed. To make nn enemy of n friend, borrow money from him. You approach him for the loau on the grounds of friendship, and be gives you the money presumably for the same reason. If he is really a friend of yours It Is rather certain that bis Income is somewhere near your own Perhaps be has becu provident, however, and has laid by a portion of his earnings. Yon have becu extravagant and have nothing. Those savings of bis mean self-denial self-denial nnd hard work for blm. And yet you have the nerve to come to bim and .ik blm to virtually transfer his self-denial self-denial aud bis hard work to yon, who have not e-nly been unable to save something some-thing from your salary but hnve uot been able to get nlong cu It. You plead friendship. if yonr friend should happen to be ono of the owners of a loan company you would nt least hesitate a while before going to him for the money, for vou know you would have to lucur written obligations and pay Interest In-terest before getting it. But this other friend of yours? Why. he is Just u friend nud there Is no renscu why he |