Business: Frugality, Inc.

To see how well it pays

To be clean & neat & frugal,

Consider please the case

Of Alice Foote MacDougall.

Little Widow MacDougall started business in Manhattan at 41 with $38 and a coffee pot. She picked up things as she went along.

In 1908, her coffee merchant husband dead and three children on her hands, she bought 100 Ib. of coffee from friends on credit, roasted it, sold it to other friends at 75% profit. In seven years she had put the children through school. To the coffee business she had...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!