Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 10, 1963)
10 c MEDFORD MAIL TRIBUNE, MEDFORD, OREGON Money Management Ideas Offered by Institute . There may be no statistics to prove it, but u s a safe bet that just about every family that suc ceeds in staying ahead of the bills uses some kind of money management plan, Of course, there are budgets and there are budgets. In some families, sound money manage ment is accomplished simply by talking over proposed expendi tures and keeping a sensible balance between income and outgo. Most families use some form of financial records rang ing all the way from a simple account book to complex Jede- ers where the amount of money avananie lor eacn type 1 ex pense is carefully spelled out. Many still prefer some varia tion of the familiar envelope system. Dad brings his pay home In cash, which is then parceled out into as many en velopes as Were are major Items of family expenditure. Has Drawbacks Simple as this system sounds, it has a number of drawbacks apart from the obvious risk in volved in keeping substantial amounts of cash around the house. As the Institute of Life In surance points out, this system probably made better sense in the days when money generally was earned and spent en a week-to-weck basis. But more and more people now are paid about twice a month, and some especially teachers and gov ernment workers just once 3 month. A similar pattern can be seen on the spending side of the ledger as well. In addition to housing costs which traditionally have been on a monthly basis most .-families now have car and in stallment loan payments, insur ance premiums, charge ac counts, etc., to the point that many families have a quarter to a third of their after tax income committed to regular monthly expenses. To compli cate matters further, most of those payments are generally made by mail. All this helps explain the soaring popularity of personal checking accounts, which can serve as a kind of informal fi nancial control or, better yet, as a supplement to a more formal type of budget. Check stubs and cancelled checks not only provide excellent tax rec ords, but also make it easier (or the family to keep track of expenditure patterns, with an eye toward future Improve ments. First Step Knowing where the money went is not quite the same thing as budgeting, but it's Ihe , first step in drawing up or re vising a budget to make sure it's realistic, and therefore more likely to work out over the long pull. "Realism," in fact, is one of the key words in the vocabulary of budgeting. A good budget can't make two dollars do the work of three, or reform a spendthrift, or change radically a family's ways of spending money. However, it can and should reflect the family's real goals, needs and interests. And, of course, it should take into account past financial history (for instance, debts to be paid off) and any benefits available on the job (group life and health insurance, pension plan, Social Security, etc.) Another key is "first things first." For every family there are fixed items, payments they have to meet, rent, heat, utili ties, insurance premiums. Then comes an emergency fund for the unexpected and the alloca tion for day-to-day expenses (food, running the household and the car). After these have been taken care of, any work able plan includes an order of priorities for the distribution of the money left over. Perhaps the most important word in talking about budgets is "attitude." The actual system adopted makes little difference. What counts is how well and how consistently it's used. It's no coincidence that financial troubles seem to haunt families that resort to a budget only in times of difficulty and abandon it until the next crisis appears on uie norizon. A wiser course, .the experts say, is to use a budget not as a remedy but as preventive medicine for finan cial ills. Care of Polished Cottons Polished cottons are treated with resin finishes for perman ent cripness, crease resistance and easier ironing. Too much heat softens the resin finish. Therefore, it is better to wash in warm rather than hot water. Home economists with the Gas Appliance Manufacturers Asso ciation recommend drying clothes made of polished cotton at low temperature in the gas clothes dryer. . FRUIT TREAT Peel and section 1 large or ange, and cut the sections in half. Add 1 cup seeded emperor grapes, 2 large bananas, peeled and sliced, 3 tablespoons of sugar and 1 cup (V4 pint) of commercial sour cream. Toss lightly and chill. Serve in sher bet glasses garnished with a sprinkling of graled fresh or ange rind. Serves 6. ' ,J : ' 'I i '-'If These short and snappy slcep-shlrts of crisp cotton are In fresh-paint colors and teen-age girls will love the wash, wear and wow of them. I lorn Warners holiday collection, they are "Cabana Stripes" in sunshine pink or yellow on white; "Ruffled Dandy" In blue and white or pink and white pinstripes, and "Cul-Ups," In a giddy paper-doll print, green, pink or turquoise on white. Gardening Under Glass Subject of New Handbook The long-felt need for a com plete, elementary guide to gar dening under glass, designed cither for those who already have a small greenhouse, or are pla 'ning to build one, has at last been met with the publica tion of the "Greenhouse Hand book for the Amateur" by the Brooklyn Botanic Garden. Within the 98 pages are direct answers to hundreds of ques tions that puzzle every backyard greenhouse gardener. Solid information has been suppli d by 22 contrbutors, each an expert in nis own neia. Topics covered include how to choose the right type of greenhouse to fit the available space and one's needs, its orien tation, heating, ventilation and uses. The virtues of glass roof ing versus plastic are weighed. For those who must simplity inc operation ot their greenhouses, instructions are given for the in stallation and control of auto matic ventilators, humidifiers, and water equipment. Major emphasis in this hand bonk is on all kinds of plants WEISFIELD'S FEATURE FOR CHRISTMAS... - i MTTMUEfi Select from these superb watchei, product o( Ungines-Wittnauer ESS WITTKAUIN ..am. Both handsomely styled 17-jewel lady's "CO-ED" and man's "LEADER" watch feature famous anti rrtagnetic shockguard movement, lifetime main spring, attractive modern dial, gold color case, cord with clasp and handsome leather band. yuuk $ncrnn CHOICE 2.00 AMONTH PAYMENT STARTS JANUARY 1964 LONGINES SYMPHONETTE LONG-PLAYING 12" RECORD ONLY 50c "SKIPPER"-WITTNAUER 17-JEWEL ALL-PROOF AUTOMATIC MAN'S WATCH With stainless steel case, shock-guard movement and lifetime r r nrt mainspring. Ideal gift. OD 5.00 A MONTH STARTS JAN. 1964 aw wrurittrvt m'nw -pnr it. wt it. 8mwii- oh yc wum imiWn fill ill suited In growing under glass, with explicit instructions on how to succeed with them. These range from plants that will thrive in a pit greenhouse heat ed only by the sun to the best orchids for a small collection and their care. Other plans groups Included in the 32 feature articles are geraniums, gesneriads, succu lents and cacti, hardy and ten der bulbs, lilies, camellias, hanging and climbing plants, bonsai, chrysanthemums, an nuals, bromcliads, and foliage plants. Much information is con- densed in such forms as lists of plants suited to a cool or a warm greenhouse, with through- the-ycar growing instructions, to capsule paragraphs on the main cultural needs of scores of dif ferent plants. For example, gardeners are advised to keep mature geraniums, being held over for the winter, in as small pots as possible, hut to renew the worn-out soil. Essential cul tural requirements are, full sun; pruning to promote bushy growth; light potting; rather low humidity (geraniums are not tropicals); a firm but not cemented potting soil; and wa tering as needed, maybe twice week, or only once a week in dull weather. Essentials Considerable space Is given to such essentials as soils and their pasteurization, fertiliza tion, soil testing, propagation, pest and disease control, and the use of the coldframe. As in all of the Garde n's j previous handbooks, this issue, ! the forty - second m a series, is lavishly illustrated. There are 115 halftones. Quality hook pa per has been used. Copies of the Greenhouse Handbook for the Amateur" arc available by mail for one dollar from Ihe Brooklyn Rntanic Garden, Brooklyn, New York 11225. -f Dracaenas Spectaculars Looking for a single (ounce plant to hold the spotlight as a fall and winter spectacular in your living room? Try the pro fessionally grown dracaena fra- grans massagoana, with 1 1 s striking green linear leaves three feet long. This dramatic plant thrives in a large porous clay container for proper drain age and aeration. Kitchen towels, dish cloihs and not holders should be bleached occasionally to remove stubborn stains. Be sure to rinse thoroughly. WEISFIELD'S MEDFORD SHOPPING CENTER Uie Weiifield'i Convenient Credit Tormi , ; ''is.! IttfSIr & few Phone 773-3348 Acres of Free Parking . NO MONEY DOWN Corduroy country can he any where Ihis all as the tried and line rnltnn fahrle gels fresh in terpretation. Here it's iiyed ley Paulino In a hrlghtly-lnnrd print fnr a pull-over top with flared rnnl collar. Solid pants feature the new relaxrd Irg. nmpsteir's i 1 m MALii CJJFvrl A IB 1 ll Villa 111 iif. Planned specially for budgeteers . . i$J Spfro ffTft HBhhIbJB f&$ here's a wonderful chance to buy Mnl f 1 H 1 I 1 a 1 ill I U 1 3K K' better quality carpeting at prices re-. )J . iJM wL Hll 111 11 9 11 duced as much as 60. Our ENTIRE i B Bil ll lU V STOCK of roll carpets MUST be- gL, H,l 1 lftlilC sold. We are discontinuing our roll wfjj imim m ft nCfJMM41 ocks in an effort to widen our JfsJ-'Jj rWI OfllS IX sample selection. All wool, nylon, VVllll V " cotton, in sparkling decorator col- ' " "" " - ors in s'ock-at savings NOW. i& WSS ' BUY NOW AND SAVE HURRY . . . fVY, JrlirS'KfeXf STOCKS LIMITED lmk - now m f0: i0;Fw"rTere?A8:;U9Go,d $8.9S. $6.55- M VA t-i' r 12-Ft. Roll "Donnebrook" Heavy Weight Homespun JL Qfi fSS 'M5SC4"!? A, Wesve, All Wool Loop Texture-Light Beige 11.95 Ui7i3 HOI it'' 12-Ft, Short Roll Famous Bigelow Textured Q dC M. J 1 y'naV' Loop All Wool-For Years of Wear 12.95 Oi09 SL) VVrr Yrk:H? 1?-Ft. Roll Continuou. Fil.m.nt Nvlon. itlL X V U Turquoise and Brown loop Texture 7.50 f.V3 M.fj VtVi'lrlt 12-Ft. Roll Heavy Duty Candy Stripe 50-50 Nylon , AA.K. f?X3yM 4 Wool-Muted Beige and Turquoise Pattern 6.95 I.OD jrj I 12-Ft. Short Roll Continuous Filament 3-Ply r C C fVlt fV n5ar jt Heat Sef Twist Tex,ure-0ffwhi,9 ''95 OtDD X h 9x12 Heavy Weight Brown and TO ff I Gcld Colonial Braid Rua ii9.95 WiUU I X AWlJ'SV'fe 12x11 All Wool Cloud Weave Wilton, Soft TO ff iSft 1 1: Mocha Bei8,-d"1 for Den or Bedroom 1 "so ' yuu All Wool Colonial Braid Rugs, ' 1A QC k1r ' i,S-3 .X1 ly Heavyweight, Long Wearing, 36"x60" 19.95 IlieVj I?" M M$jyj?W Wund. Weave Scatter Ruos- ' f Q V Decorator Stripes, 27"x48" 14.95 7.95 Ki I C'.V ' "&?',5J 1B"x27" Discontinued C.rpot Samples, OA tVf I y . ' W-vVt. A. ,nbCr9l While Thev Last 07 WztM f$W& ;Iv Dozens cf Remnan,s and Ro" Ends-AT SACRIFICE PRICES m y Oj suit'' "'tnaedV 1 14, ' f"l ' i 1 5 1 ' A 0r years t y he Say. -If i I t;I ft rl r i!!?'!!"! Lwpen in t rnaay evenings w jwf i m KS v & J 300 BARNETT ROAD PHONE 773-4000
