Frugal Money Tips from the Great Depression Era

The Great Depression was a time of great economic hardship, and people had to learn how to make do with less. Human beings are very capable to adapt in new circumstances that's why we have survived for eons. As the financial hardships escalate with the inflation being almost permanent it's good to go back and adapt some popular money tips from that era:

  1. Save Money: During the Great Depression, people learned the importance of saving money. It was a time when people were struggling to make ends meet, and every penny counted. Saving money was a way to prepare for unexpected expenses and emergencies. Create your emergency fund using the calculator.

  2. Use Coupons: Coupons were a popular way to save money during the Great Depression. People would clip coupons from newspapers and magazines to get discounts on groceries and other household items.

  3. Cook at Home: Eating out was a luxury that many people couldn't afford during the Great Depression. Cooking at home was a way to save money and stretch meals. Families would often use leftovers to make new dishes or create meals from scratch using simple, inexpensive ingredients.

  4. Grow Your Own Food: Many families during the Great Depression grew their own vegetables and fruits to save money on groceries. Even if you don't have a lot of space, you can still grow herbs, tomatoes, and other small plants in pots or containers.

  5. Repair and Reuse: During the Great Depression, people learned to repair and reuse items instead of buying new ones. This not only saved money but also reduced waste. Clothes were patched and mended, and broken items were fixed instead of thrown away.

  6. Use Cash: Credit was not widely available during the Great Depression, so people relied on cash to make purchases. Using cash is a good way to control spending and avoid debt. Remember "Cash is King"

  7. Barter: Bartering was a popular way to exchange goods and services during the Great Depression. People would trade items they no longer needed for things they needed, such as food or clothing.

These money tips from the Great Depression era emphasize the importance of frugality, resourcefulness, and self-sufficiency. These are valuable properties still today. In modern times we had adopt a consumer's mentality and it's about time to go back and re-evaluate our behaviours and our priorities. 

P.S In my website you will find some excellent tools to help you live a better life with less.