Me Grandpa Joe had his welder rental business, but he also owned a couple of rooming houses with single rooms as well as apartments for rent. With eight kids plus he and me Grandma Cosgriff, 10 mouths to feed and house and clothe required a decent income stream.
Joe's money rule was simple. He used the earnings from the welders to pay for the business. Me Grandma Cosgriff got all the income from the rooms and apartments to pay for the food and clothes and such for her and me Pops and his seven siblings. You know, the various household expenses.
Now, me Grams was good with a buck. I'll likely go into more detail on that in another blog, but suffice it to say her reputation for handling money was well established. Me Grandpa Joe garnered no such accolades.
One day Joe was lamenting to his older brother, me Great Uncle Bill who me Pops was named for, "Boy, a dollar from the room rents sure goes farther than a dollar from the welders."
Uncle Bill replied simply, "Look who's spending the welding money and look who spends the rent income."
Joe couldn't challenge that judgement. He knew it was true.
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