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The Great Depression was a time of hunger, homelessness, and despair. Our country was in dire straights with over 25% of the population reportedly out of work. Through absolute necessity, being frugal was a way of life and survival in every sense of the word. There are many lessons modern people can learn from that time in our nation’s history. In fact, with the way the economy has been going for the last decade, more people are turning to these practices to help make ends meet.
Being frugal doesn’t mean you live in squalor, though many did during that time
If you can incorporate any of these 12 lessons into your daily life, you are already far ahead of the populace. By learning and practicing being frugal, should a large disaster strike, you and your family won’t be so heavily impacted. Being frugal, or at least learning ways to make resources stretch, is a big part of preparedness and survivalism.