Mark Finance News

Mr. Beecher advised young men to get in debt if they could to a small
amount in the purchase of land, in the country districts. ‘If a young
man,’ he says, ‘will only get in debt for some land and then get
married, these two things will keep him straight, or nothing will.’ This
may be safe to a limited extent, but getting in debt for what you eat
and drink and wear is to be avoided. Some families have a foolish habit
of getting credit at ‘the stores,’ and thus frequently purchase many
things which might have been dispensed with.

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