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My parents weren't totally adults during the depression...they were in their teens...but they were savers and did without stuff until they could afford it. I think my mindset is a lot like theirs since I hate throwing things away, wasting things, and try to live below our means. The depression made a big impact on my parents who in turn, made one on me.
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I actually think this is one reason people don't save. People reason that by the time they've saved up enough money for (whatever), it will be out of style/out-dated/no longer needed/etc. So they just buy it now, whether with cash or on credit. Not to say this is a good line of thinking, simply that it is prevalent.....
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"Praestantia per minutus" ... "Acta non verba" |
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There's really no choice - and it's a good one.
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