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Updated: May 26, 2025
Now we must learn to insert the keeping of household accounts; the study of apportioning incomes; the scientific spending of a dollar in food or clothing value; the relative advantage of cash or credit systems of paying the running expenses of a home; the dangers of the "easy-payment plan"; the cost of running an automobile; comparison with the upkeep of a horse and wagon; comparison of the two from the point of view of their usefulness to a family; mortgaging homes, what it means, and what it costs to borrow; when borrowing is justified; the accumulation of interest in a savings account; the comparative financial advantage of renting and owning a home; the cost of building houses of various sorts; the cost of securing, under varying conditions, a water supply in the country home; and other locally important problems.
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