Show Fo For A AYoung Young Cok B By R. R W. W BABSON In a recent column I lout lout- outlined outlined out out- lined four divisions of or study for youngsters at home on ona vacation va a cation from college and considering considering con can the electives for their next term These were English science physic c a 1 I health and religion or faith That column should be carefully carefully care care- fully retained for future ref ref- THIS TIllS week I wish to mention mention men men- tion ten investments which a young couple who have finished finished fin fin- high school and perhaps perhaps perhaps per per- haps college should acquire 1 A FAMILY FAl Whether or m not you get married is none of my business If U however you arc are married your our first investment should be a fam fam- ily The cheapest and best time lime to 10 begin th this s is when you are arc young 2 YOUR ROME HOME At the same time it is important to located your home in the right state True every one of oC our I 50 states stales has its advantages and disadvantages but it is most important that a young couple settle in a state suitable suitable suitable suit suit- able in climate business opportunities opportunities opportunities op op- and proba b 1 I c e growth I cannot help individuals individuals through correspondence but this matter should be your main study covering several months before you definitely settle anywhere Perhaps the Chamber of Commerce where you OU now live will help you with this Personally I like a comparatively small city showing showing show show- ing fag considerable growth now 3 LIFE INSURANCE After After After Af Af- Af- Af ter starting a family and getting getting get get- ting located you should take takeout takeout takeout out life insurance Take it H out when you are arc young for several several sever sever- al reasons you can get a alow alow alow low premium and you need it most then I think a year 20 I straight life policy is probably the best for you ou Premiums would naturally be he payable for 20 years ears but with no more payments necessary after that On the other hand if you should die soon after aCter the policy policy pol pol- icy C is taken out your benefi benefi- beneficiaries would receive payment in full Later you OU ma may want to change from straight 20 year ear life liCe to an endowment or orsome orsome orsome some other fancy policy but not for your first one 4 1 FURTHER FURTER TRAINING By this time you and your wife wiCe should have decided what you OU are best fitted for whether it is a clerk an engineer engineer en en- or a salesman Or you may be best besl fitted for ture lure Once you have decided get all aU the training you OU can canin canin canin in that thai field 5 EDUCATION of or chil chil- dren I believe in savings bank accounts every family should deposit at least 5 per cent of their Income in the savings bank for the education of their children If you start when the children are arc young oung it is surprising how savings accounts accounts ac ac- ac counts will grow with only a small but regular deposit Once when I asked Thomas A. A Edison who was the greatest inventor he replied The Theman Theman Theman man who invented compound interest was no slouch 6 CHURCH AFFILIATION The young couple who is trying trying trying try try- ing to get along without active active ac ac- ac tive participation in some church is making a great mis mise take I am not appealing for any special denomination but the denomination In which you were brought up probably has hasa a church near you Be not content merely to attend it but take tale an active part in its welfare and have your children chil chit dren attend its Sunday school 7 CHILD DEVELOPMENT Carefully watch your our cl children develop Do not try to make mak them follow some line that you and your wife want them to follow Probably each child has inherited some sonic trait from some ancestor Although the they may be brothers children can be entirely different in the traits they have inherited 8 EARLY COMPANIONS You can select your children's childrens chil cill drens dren's playmates and friends as they grow up This is something something some some- thing which is very important and should be carefully studied stud stud- and watched 9 IIO HOME IE INFLUENCE Instead Instead Instead In In- stead of oC letting your children go out to too many parties in other homes encourage them to have parties in their own home where you can largely determine who should be in in- in But do not be too loo rigid about it it 10 GUIDANCE Experience ence once teaches me that money spent guiding your our children will be well invested but this must be done very carefully without trying to 10 force them into any definite social group or any line of oC endeavor In short your most important investment investment investment in in- vestment will be the TIME and THOUGHT given to your children and NOT MONEY Your childrens children's love or i iest 1 r rest est or friendships cann bought |