sense of having it ready, you will make it an annoyance to yourself rather
than a pleasure. But here caution is recommended; and you should only keep
a yacht if you can do so well within your means, and thoroughly
understanding that some day you may have to give it up, and that you must
not think that a hardship.


CLOTHES?

Yes, but within bounds. You can always afford to pay more for clothes than
they are worth, and pay more attention to them also than they are worth;
but here again temperance is recommended.


HORSES?

Yes; that is, enough to learn to ride, to master your horse, develop your
muscle and _abandon_ and poise, but not enough to watch jockeys carrying
your colors or your coachman before you carrying your reins. Learn to
ride, learn to drive; but that does not mean necessarily that you had
better bring a pony back with you.


THEATRES?

Use theatres sparingly. They are perfect gluttons for time, and use up
money. But of these the more important is time, and they make desperate
inroads into the next day. So be temperate in theatres. Put part in for
education and part for the discard.