tudies, to
his professional ideals, must not, on the other hand, leave out of
account these business duties and considerations which belong to him
as an economic member of society. He must produce and must consume
with his family, reasonably, decently and thriftily. He must aim at a
surplus to store away for the future. These aims are, as a matter of
course, secondary to his professional ideals, but there need be no
conflict of duty. The point is that there exists a department of his
activity devoted, and to be devoted, by him to his business affairs.
In any event, as a man, a husband, a father, a citizen, he cannot
escape from the responsibility of these business affairs. They must be
conducted in some way. Shall it be well or ill? If he fails herein it
may involve failure in any or all these relations--as a man, husband,
father, citizen. And obviously these same considerations apply to all
other men and women, whatever may be their professions, occupations,
or major interests in life. Why do so many allow themselves to be
dragged along, living from hand-to-mouth, in fear of the knock of the
bill collector at the door? Why do we associate money questions with
that which is unhappy, unfortunate, down-at-the-heel, with fear and
misery? Barring mere accidents, it is because we are careless,
shiftless; because we do not face the problem manfully, practice
reasonable self-restraint, consider the subject in its complexity and
decide upon, and carry out, a constructive programme. Even if one
happens to possess wealth, he is not exempt. Indeed, large wealth
involves still greater necessity for care in the conduct of one's
pecuniary affairs. The rich man is said to have perplexities and
responsibilities which are unknown to those in moderate circumstances.
In fine, everyone must face these money questions or be driven by
them.

Those who live on fixed incomes, whether from salary or investment,
may find it impossible to make any direct attempt to make money; for
them the problem is to be confronted and mastered on its other side,
the side of spending and saving, that the income may be apportioned as
wisely as possible for the purposes of living. But during the last few
years a new factor has entered into the money problems of the
individual, often adding to his trials, often adding to his self-made
excuses, and especially burdensome to the man on fixed income. We
refer to the high cost of living. Here it is, however, that the