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Chapter VIII
How to be Wealthy
An excerpt from How to Grow Success
by Elizabeth Towne
"If you are afraid to use your money, if you are closed, saving and skin-flinty, in word, thought or deed, you are laying the foundation for unhappiness and poverty.
The miser is not really rich, he is poor, poor, POOR." -William E. Towne
I [write this] because I want to be reminded of it all the time. I don't know where to draw the line between 'economy' and 'skin-flinty,' and it gives me constant trouble to decide. It is awfully easy, I find, to follow out the economy bent till it becomes 'closeness,'- at the same time, it would be very easy to give myself the rein the other way, and 'just let her go' into extravagance. I suppose it might be said: 'Draw the middle line.'
'Give and it shall be given unto you'... and if a man asks of you a coat, give him... twice what he asks for. As I look at the great God of Nature, He is extravagance itself, - the grain of wheat is multiplied many-fold...
The man who, desiring a certain thing and having the dollar to pay for it, yet "hates to spend it," and thinks of a dozen other things he would like to have "thrown in" for the dollar, - such a man is a skinflint. He is not spending like a lord.
The man who, desiring a certain thing and having the dollar to pay, parts willingly with the dollar, even if it is a last one, and goes rejoicing on his way with the new purchase, this man spends as he should He is willing to pay full price, and he enjoys his purchase.
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