People in the Depression knew how to pinch a penny. They weren't great savers, because they just didn't have enough left over to save. But they can teach us a lot about how to manage our money. I just wrote an article on that that you can access at http://www.articlesbase.com/finance-articles/what-the-great-depression-can-teach-you-about-managing-money-today-288443.html
It's one of those e-zine sites that let's you lift the article, so you can publish it as content yourself, if you need it.
The weird thing about the Depression is that a lot of people remember at least some of it fondly. It's not that people were glad they had to make do with hand-me-downs or forego entertainment or other treats. The fact is some of the stuff we buy today (movie tickets, restaurant meals, vacations, department store clothes) shuts us off from other things. We don't sit around and talk any more or cook or sew or try to figure out how to do things ourselves. Those things are inconvenient. They can take a lot of time, and they can sometimes be frustrating or boring or difficult.
But they can also be fun. Memories are made at the dinner table, not the drive-through, even if the dinner table meal is plain. Most kids love crafts and we recall the times we spent together, not the TV shows or movies we watched together in a catatonic stupor.
Maybe there's more than just money stuff to be learned from the Depression.
Wednesday, January 2, 2008
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