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	<title>Bikibook.com &#187; thrift</title>
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		<title>History of the Thrift Movement in America</title>
		<link>http://bikibook.com/history-of-the-thrift-movement-in-america-1487.html</link>
		<comments>http://bikibook.com/history-of-the-thrift-movement-in-america-1487.html#comments</comments>
		<pubDate>Sat, 22 May 2010 07:13:49 +0000</pubDate>
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				<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[finance rich]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[personal]]></category>
		<category><![CDATA[poor]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[thrift]]></category>
		<category><![CDATA[thrifty]]></category>

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		<description><![CDATA[EDITOR&#8217;S INTRODUCTION UNTIL quite recently the term &#8221; Thrift &#8221; conveyed meagre conceptions to the aver age mind. There have been, it is true, individuals now and then who, because of so-called peculiar characteristics, or possessing dispositional make-up, unusual or rare, have practiced thrift. These, for the most part, however, have been looked upon as mercenary or miserly. To be thrifty was, in popular thinking, to drive a sharp bargain to demand heavy usury. Thus, the thrifty were characterized as narrow-minded, self -centered, not always the most satisfactory community members. Society frowned upon them, and, while tolerated, they were taken into fellowship reluctantly, or not at all. Until recently, too, thrift was understood in its narrowest sense only that of money saving. Anyone frugal in money matters was characterized as thrifty, as opposed to the wasteful or extravagant. Hence, to be thrifty implied living on the least possible, with the corresponding larger saving and investment. A close buyer, one who could drive a sharp bargain, who had foresight to invest to advantage, who managed to sell on a big margin, who spent little and saved much such was the thrifty person. In our own country, rich in opportunities, with unlimited [...]


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