Ceredo Advance

Pay Your Little Bills.

A most effective way to relieve financial stringency is to keep money in circulation by the payment of little bills. To "pay as you go" is always best, but some persons are occasionally compelled by circumstances to ask for credit. It is wise to pay bills at short intervals for many reasons. The creditor may have a great number of small bills outstanding and may be seriously embarrassed by their nonpayment. The longer a bill remains unpaid the harder it is to pay. To the man in receipt of an income which is no more than his necessary expenses require it may be easy to pay a small bill, but if he allows it to go unpaid other bills may be added to it and the aggregate will be a serious burden.

A fails to pay what he owes to B, and the latter is thereby unable to pay what he owes to C, and so on. By prompt payments a small sum of money can be made to cancel a large sum of indebtedness. A ten-dollar bill, by passing from hand to hand, probably often pays debts amounting to a hundred dollars inside a week. The most frequent excuse heard from the nonpayment of bills by persons who are asked to make payment is they can collect no money. In most instances this excuse is probably an honest one, and a little reflection will convince any man of the wisdom of thus keeping money in circulation. The first of July, being the beginning of a new half year, was a good time to balance books and start fresh.—[Baltimore Sun.]