Seniors have plenty of budget tips to share
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While this may be the worst economic decline that we have ever experienced, it’s probably not the worst our parents or grandparents experienced. Many survived the Depression and world wars and having to live on a strict budget is nothing new to them, in fact, it may be par for the course. Caring.com has an interesting blog post titled 5 Thrifty Tips From Our Mothers and Grandmothers. Most of the advice is simple and straightforward, with homemade products the key, including everything from making your own soap to making your own first aid products.
Do you think money-saving tips like repairing old products instead of new, or hanging your laundry to air dry instead of running up the energy bill are practical in our modern, time-pinched society? What have you learned from your senior loved ones about ways to save money that you now use in your daily life?
5 comments Add your comment
CindyLee188
August 10th, 2009
1:17 pm
This is a great article, budgeting tips are really helpful in these tough economic times. While creating my family’s budget plan this month, I realized how much money was being wasted into our cell phone contract. So I did some research on prepaid cell phones and found that this company called Straight Talk really saves us a bundle, plus it has unlimited nationwide coverage which is perfect for my husband’s job. If anyone has any other great budgeting tips, it would be greatly appreciated!
Jo
July 20th, 2009
7:35 pm
Wow! Somebody’s grandmother shot a man over finances? Hopefully she didn’t kill him. Speaking of finances, I found switching from a contract to a prepaid cell phone plan is saving me a bundle. I hear lots of talk about Metro PCS and TracFone’s new StraightTalk with unlimited everything for $45 a month, but Net10 suits my purposes. I paid around $30 for a good phone, I pay a flat rate of 10 cents a minute for calls all over the nation, and text messaging is 5 cents a minute, though I admit I don’t text. I have lots of friends abroad so I’m thrilled with Net10’s 100 international destinations for the same price as a local call. Cutting back on phone bills is one way to save. Every penny counts.
vlscpa
February 26th, 2009
11:59 pm
My grandma, Beatrice, once shot a man, and I suspect that it was a money-saving measure in the long run. He must have deserved it, and she went on just fine without him.
Old School
February 26th, 2009
8:44 pm
I’ve found this to be a great time to lose a little weight by cutting back on portion sizes, slowing down and savoring the flavors more. Recycling leftovers into some interesting soups is good too and most can be frozen for later use.
We’ve rediscovered the library and enjoy reading, checking out movies, and just running into folks we seldom see. It’s good to get out and about. We’ve even rediscovered window-shopping!
Budgeting Tips
February 25th, 2009
1:23 pm
Nice post
A budget is a spending plan that includes everything you will spend money on. A good budget is a spending plan that includes everything you will spend money on and stays within your income.
Budgeting tips, information, advice, and resources to help you set up a successful budget and stay motivated.
Budgeting is something that many of us don’t like to consider as we think it will tie us down. But if you really stop and think about it, budgeting is simply a means of looking at your income and expenditure and deciding on what is most important to you.