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Various

"The Atlantic Monthly, Volume 14, No. 82, August, 1864"

As early as possible in the
education of children they should pass from that state of irresponsible
waiting to be provided for by parents, and be trusted with the spending
of some fixed allowance, that they may learn prices and values, and have
some notion of what money is actually worth and what it will bring. The
simple fact of the possession of a fixed and definite income often
suddenly transforms a giddy, extravagant girl into a care-taking,
prudent little woman. Her allowance is her own; she begins to plan upon
it,--to add, subtract, multiply, divide, and do numberless sums in her
little head. She no longer buys everything she fancies; she deliberates,
weighs, compares. And now there is room for self-denial and generosity
to come in. She can do without this article; she can furbish up some
older possession to do duty a little longer, and give this money to some
friend poorer than she; and ten to one the girl whose bills last year
were four or five hundred finds herself bringing through this year
creditably on a hundred and fifty. To be sure, she goes without numerous
things which she used to have.


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