Frugal Living Lessons from the Great Depression

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Today's video is about the Great Depression and some key lessons that we can use to help with life in the present day. Let me know what you think in the comments!

LINKS

Dave Ramsey's book Total Money Makeover:

The mic I use:

The camera I use:

Lens:

Disclaimer
All Amazon links placed in the description section are Amazon Affiliate links, and I receive a small commission on any purchases made through this link. Thanks for your support!

Chapters:
0:00 Intro
1:37 History Recap
2:26 Lesson #1
4:12 Lesson #2
5:37 Lesson #3
7:10 Lesson #4
7:50 Lesson #5
9:31 Lesson #6
10:30 Lesson #7
11:05 Outro
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I would add “don’t despair”. If you’re going through hell, keep going. Don’t give up. Things will get better.

poshbird
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My mom was born in 1927. She told me about the hobos coming to the door looking for work and food. My grandmother always had them come in and fed them at the table. They were pretty poor also, but had a large garden, chickens, and fish. My grandfather was a fisherman. I would hope these days people would do the same as they did back then.

trishalou
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I find a big money saver is not buying the assortment of cleaning products to clean your home. A supply of hot water, dishwasing detergent, vinegar, bi-catrb soda and a scrubbing brush will clean most things.

sueschoers
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EAT LESS. We ALL eat far too much considering the relatively sedentary lives most of us live. Just a few bites less at each meal. Unless you’re a child or athlete or do heavy physical labor, STP snacking. This will save calories and money. STOP drinking soda or make it an occasional treat. Agains saves both calories and money. FREE entertainment. Read, do puzzles, listen to music. Start using your local public library for free books, puzzles, music, low cost or free activities. Take walks.

doctork
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In a lot of communities where big box stores are not available, many people trade items no longer used for a need. We can also do this with friends. Example-splitting plants and sharing, when children grow out of cloths, giving to a friends children.

onncomp
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For building a savings fund, in addition to selling things, put away a set percentage every paycheck BEFORE you pay anything else. You’d be surprised how much you actually don’t have to buy or pay for when you’re saving first.

medleysa
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Please do a video about your homemade meals and other DIY toiletries. I am in my early 20s, so every bit of saving counts.

stevesteve
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While I enjoy getting haircuts as a treat, I wasn’t able to get scheduled in advance due to my new job. Then I rewatched your video on home haircuts and realized that $25 dollars every 2-3 months is an insane amount of money during these times. So I purchased some Wahl scissors and will be diying my hair from here-on-out. I also lost some benefits which were helping me get food. So now it’s really making me mindful of where my money goes having that extract expense coming out of my paycheck

buckyyyb
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Yes, I am a YouTube woman junkie!!! I have learned so much from YouTube such as putting my own metal roof on a rental all by myself and I was 68 years old at the time and figured it out by myself. I have used videos for fixing plumbing and some electric fixing. I have built porches and small outdoor sheds as well as putting down flooring, cooking, health--you name it and I have probably search for it on YouTube!!! I really like your channel and your various lessons from the Great Depression.

dauntiekay
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i'm the kind of person that rarely participates on anything online (to the point i barely comment on 3-4 videos a year), but i feel the need to tell you that nowadays you are the only content creator that matters to me

nttinghell
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Ihave settled with my salary a couple of years ago. Every raise I put a side, so I "earn" least at work but save most. Really nice to live frugal.
Thank you for a great video.

LarsDahlin
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I'd love to hear about your DIY recipes and toiletries. Im always on the lookout for easy meals with only a few ingredients so I can avoid fastfood.

bosthebozo
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Such good tips! Ok here is how I’ve been saving money grocery shopping, I use the store apps to shop so I can think about what I’m buying. Once I got my items used most I have been just reordering those, I use to spend $170 each store trip, now I got it down to $70.
Another tip is visiting the library, free books & dvds!
Taxes- open other savings account and put a little away each month. I’m fm California and we got hit hard this year .
Also I have an expensive hobby so I had to pull back on that 😢

MonieMuse
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I am in control of my feelings and so my finances

pinkpear
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know your Values, Know your goals, have a plan, know your next step - if not research, know your ROI of the things you want to have - not only the money ROI but also other benefits, Take care of your body, your nervous system, your mindset and your overall growth

sardurondesarges
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I am approaching 70 years old now. I grew up with actual Great Depression survivors. There are many new-cheap- tech methods to sew or cook food you prepare yourself. Oh, my father was an actual hobo. He would not wish this lifestyle on anyone. Much less there are not as many trains in service anyways anymore!

IonaDunn
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The 1k "emergency fund" gets a lot of hate from closed minded people. It is more of a buffer fund instead of emergency fund to keep ya from going into more debt for the everyday things that life throws at ya. Have a flat or need a new car battery, need some freon in the a/c, trip to dr for unexpected sickness, trip to dentist for a cavity, etc.... So many people think that it is for the major events like home needs a new hvac unit, needs a roof, motor or transmission goes out in vehicle, etc... its there for you to use it as needed to stay on track with becoming debt free. Not to have as a security blanket that never gets touched (that is the actual fully funded emergency fund after getting consumer debt paid)

Bamapride
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We are in Great Depression since 2020. It's not only about money. People are miserable. It's feel like there is no hope. And the worst thing is : Hard work doesn't make sense anymore. People work harder then ever and can't afford anything. Generation of subscribers owning nothing.

stevemuzak
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When I got my current job 5 years ago, I had more money than I knew what to do with. Now we buy only food and a few other essentials and have to really hunt for sales... Feels good to be Canadian!

Dave_Parrott
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I have been planting a yearly garden. I think this is not only helpful because food is expensive, but it makes you more self sufficient. Even if you don’t have a lot of space, you can grow in grow bags or 5 gallon buckets. Thousands of videos on You Tube can help you. I only plant what we like and I have lots of things that come back year after year on their own like asparagus and blueberries. During 2020 I learned how to can things like plum jam and pickled peppers. I also make my own pesto and freeze it. It’s too expensive in the stores as you said.

jsimp