Yet, in buying goods, it is best to pay ready money; because, he who sells upon credit, expects to lose five per cent, by bad debts. Therefore, he charges, on all he sells upon credit, an advance that shall make up that deficiency.
Those who pay for what they buy upon credit, pay their share of this advance.
He who pays ready money, escapes, or may escape that charge.
A penny sav'd is two-pence clear,
A pin a day's a groat a year.
In short, 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. Waste neither time nor money; but make the best use of both. Without industry and frugality, nothing will do; but with them every thing. He who gets all he can, honestly, and saves all he gets, necessary expenses excepted, will certainly become rich; if that Being who governs the world, to whom all should look for a blessing on their honest endeavours, doth not, in his wise providence, otherwise determine.
AN OLD TRADESMAN.
Every reader will be diverted with the following.
IDLE CURIOSITY CURED.
On his first trip, by land, to see his father in Boston, he was worried almost to death by the abominable inquisitiveness of the New England tavern-keepers.