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To my Friend A. B.

As you have desired it of me, I write the following hints, which have been of service to me, and may, if observed be fo to you


EMEMBER that time is money. He that

can earn ten shillings a day by his labour, and goes abroad, or sits idle one half of that day, though he spends but fixpence during his diversion or idleness, ought not to rekon that the only expence; he has really spent, or rather thrown away, five shillings besides.

Remember that credit is money. If a man lets his money lie in my hands after it is due, he gives me the intereft, or so much as I can make of it during that time. This amounts to a considerable sum where a man has good and large credit, and makes good use of ic.

Remember that money is of a prolific generat: ing nature. Money can beget money, an its offspring can beget more, and so on. Five Thilings turned is fix; turned again, it is fever and three pence; and so on till it becomes an hun dred pounds. The more there is of it, the more it produces, every turning, so that the profits rise quicker and quicker. He that kills a breeding sow, destroys all her offspring to the thousandth generation. He that muders a crown, destroys

all that it might have 'produced, even scores of pounds.

Remember that fix pounds a year, is but a great a day. For this little fum, which may be daily wasted either in time or expence, unperceived, a man of credit may, on his own fecurity, have the constant poffession and use of an hundred pounds. So much in stock, briskly turned by an industrious man, produces great advantages.

Remember this saying, “ The good paymaster is lord of another man's purse.” He that is known

pay punciually and exadly to the time he promiles, may at any time, and on any occasion, raise all the money his friends can spare. This is sometimes of great use. After industry and frugality, nothing contributes more to the raising of a young man in the world, than punctuality and justice in all his dealings : therefore never keep borrowed money an hour beyond the time you promised, left 2 disappointment shut up your friend's purse for


The moft trifting actions that affects a man's credit are to be regarded. The sound of your hainmer at five in the morning, or nine at night, heard by a creditor, makes him easy fix months Jonger; but if he fees you at a billiard table, or hears your voice at a tavern, when you should be at work, he fends for his money the next day; demands it before he can receive it in a lump.

It shews, besides, that you are mindful of what you owe; it makes you appear a careful, as well as an honest man, and that still increases your credit.

Beware of thinking all your own that you porfcss, and of living accordingly. It is a mistake that many people who have credit fall into. То prevent this keep an exact account, for some time, both of your expenses and your income. If you take the pains at first to mention particulars, it will have this good effect; you will discover how wonderfully small trifling expences mount up to large stims, and will discern what might have been; and may for the future be saved, without occafioning any great inconvenience.

In thort, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words, industry and frugality ; that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them every thing. He that gets all he can honestly, and saves ail he gets (necessary expences excepted) will certainly be come rich--if that Being who governs the world to whom all should look for a blefling on their ho neit endeavours, doth not, in his wife providence, otherwise determine.






HE use of money is all the advantage there

is in having money.

For fix pounds a year you may have the use of one hundred pounds, provided you are a man of known prudence and honesty.

He that spends a groat a day idly, spends idly above fix pounds a year, which is the price for the use of one hundred pounds.

He that wastes idly a gra!'s worth of his time, per day, one day with another, wates the privilege of using one hundred pounds each day.

He that idly loses five shillings worth of time, lofes five shillings, and might as prudently throw live shillings into the sea.

He that lofes five shillings, not only loses that um, but all the advantage that might be made by urning it in dealing, which, by the time that a oung man becomes old, will amount to a confiferable sum of money.

Again : he that sells upon credit, alks a price or what he sells equivalent to the principal and nterest of his money for the time he is to he kept lut of it; therefore, he that buys upon credit, lays interest for what he buys; and he that pays leady money, night let that money out to use: so hat he that pofleffes any thing he has bought, lays interest for the use of it.

Yet, in buying goods, it is best to pay ready honey, because, he that sells upon credit, expects o loose five per cent. by bad debts; therefore he harges, on all he sells upon credit, an advance hat shall make up that deficiency. Those who


for what they buy upon credit pay their share of this advance.

He that pays ready money, escapes, or may efcape, that charge.

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T this time, when the general complaint is

that "money is scarce," it will be an act of kindness to inform the moneyless how they may reinforce their pockets. I will acquaint them with the true fecret of money-catching--the certain way to fill empty purses—and how to keep them always full. Two fimple rules, wellobserved, will do tlie bufincss.

Firit, let honesty and industry be thy constan companions; and,

Secondly, fpend one penny less than thy clea gains.

Then shall thy hide-bound pocket foon begi to thrive, and will never again cry with the empl ty belly-ach; neither will creditors insult the nor want oppress, nor hunger bite, nor nakedne fieeze thee. The whole hemisphere will fhio brighter, and pleasure spring up in every corner thy heart. Now, therefore, embrace these rule and be happy. Banish the bleak winds of sorrow from tly mind, and live independent. Then thal thou be a man, and not hide thy face at the ap proach of the richi, nor suffer the pain of feeling little when the fons of fortune walk at thy right hand: fur independeney, whether with ligtle of

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