HOW TO SPEND.

Gisborne Times, Volume XXXIII, Issue 3720, 4 January 1913, Page 9

HOW TO SPEND.

SCHOOL FOR WOMEN. A school where women of' society will be taught not only the value of money but also how to keep accounts, spend their incomes or allowances and “pin” money, and how to manage tlie house exchequer, opens at Craig’s House, Charing Cross Road, on Friday (stated the “Daily Mail” on November 6). The idea of the school originated with Lady Esher, who knows that women with incomes or allowances have little idea of the wisdom of the Micawher balance, which spells financial happiness.

Thirty women will have tlieir first lesson bn Friday. Miss E. M. Tan(“John Ironside,” the novelist) will conduct the four lessons, which take place ones a week until December 6, when an examination will be held.

“The lessons,” said the secretary of the new finance school for women yesterday, “will be eminently practical. Each of the 30 women will come to the school at 11 o’clock on Friday morning. They will each be given account books, cash books, ledgers, and petty cash books. Miss Tait will take sample incomes and sample items of expenditure as a working basis. The pupils will make their entries, listen to the advice of Miss Tait, and submit to her at the end of the lesson their real or other accounts

“Thc-y will see, some of them, for the first time, perhaps, no deficits, realise how system banishes muddle, and how simple it is to spend money, get value for it, and still, be within and not outside their incomes or allowances.

“The second lesson deals with household expenditure and accounts. Gently but forcibly the 30 pupils will-be told how to deal with tradesmen’s accounts, servants wages, payments by cheque and cash, and all the hundred and one incidental expenses of a household. In simple black and white the pupils will see how easy it is to be methodical‘and wise in expenditure—easier when you know the way than to be reckless and extravagant. “The third lesson concerns dress allowance and ‘pin’ money. A woman with an income of £3OO and one with an income of £3OOO will each be taught the simple rules which enable a woman to dress within her income. The reckless extravagance of Mr. H. W. Well? Marian in his novel ‘Marriage’ will be replaced, by wise and temperate expenditure. No buying things simply because they appeal to you—no ‘hanging’ the cost. “It certainly seems to one the cheapest way of learning how to 1 spend money,” said the secretary, “and if the pupils, nearly all of whbm are over 30 years of age, profit by the lessons much will have been done to teach women what few of them know nowadays —the value of money.” If the school is a success classes for poorer girls will be held after Christmas.