Top lessons learned from the great depression
We may not be getting ready for bread lines or seeing hobos selling apples for five cents on the corner, but all this talk of another Great Depression should have us looking back in history for lessons that we can take with us into the future of this wild and woolly economic mess.
10 Money Lessons from the Great Depression
1. Frugality Is Not a Bad Word
2. Use What You Have
3. Doing It Yourself Is the Way to Go
4. Things Have More Than One Use
5. Debt Is to Be Avoided
6. Save for Rainy Days
7. Used Can Be Just as Good as New
8. Functional Trumps Fashion
9. Bargains Are to Be Sought-After
10. Homemade Cookies Are Delicious
via womenco
Lessons from the Great Depression
- Stitching together pieces of the past
- Learning from an older generation
- Watching security slip away
- Sticking with a plan
- Getting past the pain
- Missing key conversations
- Developments in a past column
via msn
7 Good Lessons from the Great Depression
- Patch it, sew it, fix it yourself
- Don’t use credit
- Saving up
- Forget the Joneses
- Can it (or at least brown-bag it)
- Any job will do
- Help a brother out
via dumblittleman
What you need to know about the Great Depression
- Lessons from the Great Depression: the consumer credit bubble
- Lessons from the Great Depression: the dollar devaluation
- Lessons from the Great Depression: the inefficient market
- Lessons from the Great Depression: how to profit in a bear market
via moneyweek