(There was Dr. Frank Crane who dispensed the same advice.  He did it with one column, not a series of lessons that detail how to accomplish the same goals Dr. Crane espoused.  The bottom line for both is—use common sense.  Dr. Crane wrote this in 1920.  See if it doesn’t sound like the kind of basic advice we see in Dave’s daily columns as he explores—-)

THRIFT

Thrift simply means the application of thought to money.

It doesn’t mean saving merely. It means to think every time you have to do with m

It means to make money with energy, to spend money wisely, and to save money systematically.

Some people have the idea that it denotes a superior person not to care about money. This idea is wrong. It indicates a lack of sense and a lack of morals.

Money carelessness means unhappiness by and by. It is one of the surest ways to slump into self-pity if not to crime.

The first thing needed in order to be thrifty is principle. You must make up  your mind and stick to it.

Principle number one is that a person can live on nine-tenths of what he does live on.  If you spend $1,000 a year you can get along on $900. Save the other $100.

To make $10 and spend nine means success.  To make $10 and spend $11 means ruin.  Which way are you headed?

Thrift is a general moral tonic. It develops character. It takes self-denial and hence creates self-mastery, which is the thing that every human being needs.