Ever the procrastinator, I’ve just now finished my taxes ~ April 14th at 10:00pm. During this traditionally painful event, I pondered why parents don’t just take care of their kids and do things like taxes and pay the bills throughout their lives. Wouldn’t it be great? Sigh.
Since that’ll never happen, I guess it’s about time I learn how to deal with my own financial life. Fortunately I’ve got a copy of Mabel Raef Putnam’s What Every Woman Should Know About Finance. Funny thing is, the book seems to have been originally owned by a gentleman named Stanley Love. Stan, honey, got some explaining to do?
1954: What is Finance?
Don’t let finance mystify you. Formidable it is until you understand it, and then it is fun. And undoubtedly it is the most fascinating study and work. This is what the dictionary says about it:
FINANCE, noun. The science of the profitable management of money and of monetary affairs; the systematic control and regulation of revenue and expenditures . . . funds on hand and coming in; the finances of an empire or an individual.
~ Funk and Wagnalls Standard Dictionary
A knowledge of finance, for you, then, means a knowledge of the profitable management of your money ~ whether by you, your government, or a corporation in which you have invested money. And this profitable management of your money means an advantageous expenditure of it, that is getting good value for it, whether by you or by an empire. Or stated another way, the profitable management of your money is dependent upon your knowledge of how best to expend it, or of how to buy wisely. Moreover, it means a systematic control and regulation of revenue and expenditure ~ a budget, so to speak, whether by you or your government, or any project in which you invest.
Anyway, considering that today we live in a chaotic world, many women, and men too, have concluded that the time has come when women must qualify themselves to assume equal control with men of the nation’s wealth. But the basis of this accomplishment is a thorough knowledge of finance.
No one can even remotely comprehend the operation of our economic system without a complete understanding of the nation’s financial operations. In fact, good citizenship requires a knowledge of our country’s financial system. For finance is the key, the basis, of our national economy upon which our government and every other institution must depend.![]()
Source: Putnam, Mabel Raef. What Every Woman Should Know About Finance. New York: Charles Scribner’s Sons, 1954.
~ pp. 4-5 ~

I won’t go into details, but last week my coworkers and I were in need of a little cheering up so I turned to Edith Mae Cummings’ Pots and Pans and Millions: A Study in Woman’s Right to Be in Business; her Proclivities and Capacity for Success (whew!) and found the following. It was published by the National School of Business Science for Women right here in Washington, D.C., and I do believe it has helped pull me out of my slump. If it can work for me, it can work for anyone, as long as you have hope! All righty, then!
Q Dear Miss Abigail:
Q Dear Miss Abigail:
Q Dear Miss Abigail:
Q Dear Miss Abigail:
Q Dear Miss Abigail:
I don’t know why exactly, but as soon as the cooler weather hits town, I always feel the need for a whole new wardrobe. Must be jealousy ~ I see all those kids in their new school clothes and yearn for a fresh outfit and a new notebook.
Q Dear Miss Abigail:
This selection is written by Mrs. Dale Carnegie. In her introduction to this somewhat disturbing book with a very long title, How to Help Your Husband Get Ahead in His Social and Business Life, Mrs. Carnegie states: