The Management of an Income

Good management in the household does not consist merely in living within one's income, nor necessarily in reducing to the lowest possible dimensions table expenses, or the allowance to each member of a family for clothing. It is consistent with as much liberality in all these directions as the income permits. What is properly called good management lies in getting the full value for each dollar spent, and in so harmonizing the outlay for different purposes that scrimping at one point is no...