According to financial advisor Darlene Gudrie Butts, author of Lessons From The Depression, Eliminating Debt The Old- Fashioned Way (iUniverse), we can learn lots from those who lived through the Great Depression.
Butts says depression-era folks were huge on recycling and repurposing everything, often finding 10 different ways to use a coffee can if they had to.
They were also keen on swapping things with their neighbors like clothes and tools, to avoid spending cash at all costs.
Butts has adopted that concept in her own household and recently talked her teen daughter into trading formal dresses with her friends so they wouldnt have to buy brand-new gowns for a dance.
She suggests we get back to the basics like our depression ancestors by tracking all expenses on a ledger, figuring out how to cook dinner on a couple bucks, and eliminating all credit card use.
(Contact numbers available only to subscribing media or trial media users. You can request samples at the Wireless Flash web site.)
Copyright © 2009 Wireless Flash News Inc. All rights reserved. Wireless Flash® and FlashNews® are registered trademarks of Wireless Flash News Inc.