Many families are struggling in today’s tough economy. We can learn some valuable lessons on how to save money by taking a look into the past. Our grandparents lived much differently than we do today – they were much better at saving and they weren’t wasteful. By incorporating some of their ways of living into our current lifestyles, we can watch our bank accounts grow.
Grow Your Own Food
When our grandparents were growing up, and when they raised their own families, many of them grew their own fruits and vegetables. Even people who lived in the city had small gardens. It not only allowed them to eat fresh, nutritious food, it also saved them money. Many people even planned for next year’s garden by saving valuable seeds.
Can Your Own Food
Canning fresh fruits and vegetables was very common a couple of generations back. If home-grown food wasn’t eaten fast enough, it was saved for another day. Many people enjoyed canning, and it prevented families from wasting food. Our grandparents were much better at preserving food, and they spent less because of it.
Stock Up on Food
Canning wasn’t the only way that our grandparents kept their pantry shelves stocked. Shopping for groceries was much more efficient because grandma made a list and stuck to it. Things like milk and bread were bought on a regular basis, but canned goods were bought in larger quantities so that fewer trips to the grocery store were needed. Leftovers were served more often, and less food was wasted. If it was still good, it was not thrown out.
Save Eating Out for Special Occasions
Nowadays, it is not uncommon for people to eat out several times each week. For our grandparents, eating out was saved for special occasions. Even fast-food, which wasn’t as common back then, was considered a treat. When grandpa or grandma went to work, they took a pack lunch from home – they didn’t eat out during their lunch-break from work.
Entertain at Home
Today we spend lots of money going out; family nights at home have become a thing of the past. By bringing this tradition back, we can spend less. Our grandparents spent more time outdoors during the day, and in the evenings their families enjoyed playing board games, reading, and time devoted to their favorite hobbies. Going to the movies or to a concert was considered a luxury. By finding more free activities to do and spending more time at home as families, we can save a lot of money and maybe even get to know one another better.
Rely on Traditional Modes of Transportation
Many families have two or more cars or trucks in the garage. Our grandparents’ generation typically had only on car per family, if that. We can save hundreds, if not thousands, of dollars each year by having fewer vehicles. It was common for many of our grandparents to walk or bike to and from work, and more people used public transportation because they didn’t have a car to drive. Walking, biking, and using public transportation are great ways to keep more money in your bank account. If you live too far from work, try car-pooling. That was a common practice for our working grandparents.
No Credit Cards or Loans
Our grandparents didn’t use credit cards because they didn’t have them. They only bought things that they could pay for with cash. It wasn’t common for them to take out loans, either. If our grandparents wanted something that they couldn’t afford, they would save up for it. They truly understood the value of a dollar. We can learn something from this. If you don’t have the money to buy something, ask yourself if you really need it before charging it on your credit card or asking your bank for a loan. By saving up to buy something you really want, you will avoid paying interest and you will probably appreciate the item a lot more because you worked hard to get it.
Grandma and grandpa spent less because they didn’t buy as much as we do today. It was more common for our grandparents to make their own clothes, for example. If something had a hole in it, it was not thrown out–it was patched or mended. Instead of always buying presents for Christmas or birthdays, gifts were often homemade. Things were frequently handed down from child to child to save money. The kids didn’t always get new things. These practices not only saved money, but they were eco-friendly, too.
About The Author
Bailey Harris writes about Auto Insurance Quotes.
Image source – www.sxc.hu