They should not mortgage the future for the sake of the present luxury; and because of the uncertainties of occupation and of health it is wise to take out of the expected income one fourth or one third for a reserve fund and divide the remainder for expenses.

For instance, from $2000 a year subtract $500, then divide the $1500 into $300 for rent, $300 for food, $300 for operating expenses, $200 for clothing, $200 for travel, leaving $200 for the other expenses.

If unlooked-for expenses must be incurred, there is the $500 to draw upon; but do not court the extra outlay: save the nest-egg if possible.
The ideals of the home are said to rule the world.

The young business man who does not take the sane view of his own expenses will not rightly consider his employer's interests.

It is more than probable that the much-deplored laxness, to call it by no harsher name, in business circles is directly traceable to this falseness and dishonesty in standards of home life.