ABSTRACT

In the scheme of modern life, making money and spending money are strictly correlative arts. A few, indeed, make so much money that they can slight the art of spending without suffering discomfort, but the vast majority would gain as much from wiser spending as from increased earning. Important as the art of spending is, the authors have developed less skill in its practice than in the practice of making money. The dominance of women in spending, which the family form of organization establishes, may explain in some measure the backwardness of the art. An effective contrast might be drawn between the slipshod shopping of many housewives and the skillful, systematic buying done for business enterprises by men. There are reasons for the backwardness of the art of spending money other than the organization of expenditure on the basis of the family.