Being a farm kid from Iowa, I had the pleasure of being raised by not only great parents, but also loving and caring grandparents. With this I got to spend a lot of quality time with my Grandpa and Grandma, and saw how they lived their lives differently then everyone else. I saw how the great depression changed their lives, and the deep scares that run through this generation. After the financial debacle of 2008 I decided to sit down with my grandparents and find out just how the great depression changed them. Here are a few of my observations from my upbringing and conversation with them.
- Never leave food on your plate
- Don’t trust banks
- Work hard for a living
- In times of plenty SAVE!
- Don’t take out debt – if you have to then pay it off quickly.
- Reuse old products and fix up broken ones
- Make your own cleaning products
- Don’t go out to eat but a couple times a year
- Sit at the kitchen table for every meal with your entire family
- Pay with cash for everything. Buying stuff with a credit card is for the poor. They will always be a slave to their master.
- Find satisfaction in simplicity. With more things comes more responsibility
- First serve God, then your family, then your nation
- Willing to do whatever it takes to protect God, their family, and this great country and the freedom we all enjoy
I personally believe like Tom Brokaw wrote in his book, “The Greatest Generation” that they are indeed great. If more people would only live and think like the Great Depression generation then we’d be so much better off. People would have more in their savings, they wouldn’t have so much debt, they would truly enjoy family, and they wouldn’t be so stressed. Most likely we wouldn’t have seen the financial collapse of 2008 if we were living like them.
What are your thoughts or observations of this generation?