Depression Era Tips

"Use it up, wear it out, make it do or do without" was the mantra of the Depression era. In hard economic times, money management is a skill few of us can afford to live without, and the principles that people lived by then may still be useful today.

The Basics

Food, clothing and shelter are humanity's basic needs. But your need for food does not mean you must go to restaurants or purchase costly prepackaged meals. There are plenty of tasty recipes with inexpensive ingredients. You can even grow your own vegetables to save money.

The need for clothing does not mean you must have the latest fashion. Buy a few classic pieces that never go out of style and are made from sturdy material. During the Depression, people wore two outfits during the week, one to wear while the other was being washed, and a third was for "Sunday best." A-line skirts and dresses, full skirts or straight skirts with a back slit and collared, button-down shirts and blouses never go out of style. For men, the simple, single-breasted suit and conservative silk tie are always in fashion. Choose neutral colors, such as black, gray and beige, that can be paired with many other colors.

As for shelter, protection from the elements and crime are really the only requirements. You don't really "need" a swimming pool. Rent while you save for the dream home that fits your budget.

Common Sense

Tough financial times call for tough personal measures. You can't always get something just because you want it or it would be nice to have. If you're watching your wallet, use common sense. The coffee you make at home is less expensive than the trendy cup you usually buy on the way to work. A pair of $200 designer shoes may not last any longer than the $9.99 pair you buy at the outlet store. When you find yourself about to make a purchase, ask yourself, "Do I really need this, or will something I have at home do the job?"

Eliminate your land line altogether and just use your cell phone. Think about your cable bill--do you really need 150 channels? Go to the least expensive plan that suits your needs.

Do It Yourself

Borrow from your local library rather than buying the latest bestseller. Use the library to learn how to do simple household repairs, change your car's oil and fix a leaky faucet. Wash your car at home. Do your nails yourself, give yourself a perm, color your own hair. When you need a haircut, go to the places that charge less than $15. If you are good at one thing and have a friend who is good at something else, trade your services.

References

• 1930s Frugality
• 16 Depression Era Money Saving Tips
• Great Depression Recipes