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Editorial
May 24, 1878
The Ouachita Telegraph
Monroe, Ouachita County, Louisiana
What is this article about?
An editorial urging readers, particularly young men, to limit their wants and expenses to achieve financial independence, emphasizing that true enjoyment comes from simple habits rather than excess spending.
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OCR Quality
98%
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Full Text
LIMIT YOUR WANTS.
From the nature of things, the income of most of the inhabitants of the earth must be limited, and, indeed, within very narrow bounds. The product of labor throughout the world, if equally divided, would not make the share of each individual large. It is impossible that every one should be called rich, but it is by no means impossible to be independent. And what is the way to compass this-as Burns appropriately designates it- "glorious privilege?" The method is very simple. It consists in one rule : Limit your wants: make them few and inexpensive. To do this would interfere but little with your real enjoyment. It is mostly a matter of habit. You require more or you require less, just as you have accustomed yourself to one or the other. Limit your wants ; estimate the cost, and never exceed it, taking pains to always keep it inside your income. Thus you will secure your lasting independence.
Young men, think of this! A great deal of the happiness of your lives depends upon it. After having made your money, spend it as you choose, honestly; but be sure to make it first.
From the nature of things, the income of most of the inhabitants of the earth must be limited, and, indeed, within very narrow bounds. The product of labor throughout the world, if equally divided, would not make the share of each individual large. It is impossible that every one should be called rich, but it is by no means impossible to be independent. And what is the way to compass this-as Burns appropriately designates it- "glorious privilege?" The method is very simple. It consists in one rule : Limit your wants: make them few and inexpensive. To do this would interfere but little with your real enjoyment. It is mostly a matter of habit. You require more or you require less, just as you have accustomed yourself to one or the other. Limit your wants ; estimate the cost, and never exceed it, taking pains to always keep it inside your income. Thus you will secure your lasting independence.
Young men, think of this! A great deal of the happiness of your lives depends upon it. After having made your money, spend it as you choose, honestly; but be sure to make it first.
What sub-type of article is it?
Moral Or Religious
Social Reform
What keywords are associated?
Limiting Wants
Financial Independence
Frugality
Moral Habit
Young Men Advice
What entities or persons were involved?
Burns
Young Men
Editorial Details
Primary Topic
Limiting Wants For Financial Independence
Stance / Tone
Exhortative Advice Promoting Frugality
Key Figures
Burns
Young Men
Key Arguments
Income Is Naturally Limited For Most People
Independence Is Achievable By Limiting Wants
Limiting Wants Interferes Little With Real Enjoyment
Frugality Is A Matter Of Habit
Estimate Costs And Stay Within Income To Secure Independence
Happiness Depends On Making Money Before Spending It