What Have We Learned From The Great Depression
Hard Times, Hard Lessons
No one really knows what the nation'southward economy will wait like equally we emerge from fourteen months of the coronavirus pandemic, just the occasional parallels with the Corking Depression were certainly hard to avoid during information technology — the unemployment rate rose to the highest since that turbulent era. And while at that place are plenty of mod-mean solar day ways to prepare for whatever lean times that might come, a surprising number of lessons from the hardships of the 1930s endure. Here are a dozen to guide usa.
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Grow It Yourself
Practically everyone had a backyard garden during the Depression, and to this 24-hour interval, the term "Depression Garden" lingers. Families desperate to pinch pennies found it was much cheaper to grow their own veggies than to buy them. Today, many folks call back of gardening every bit a hobby, non a necessity, simply the potential for large savings remains. The National Gardening Association estimates that a 600-square-human foot garden that would cost but $70 a year to tend could hands produce 300 pounds of produce worth roughly $600 — not a bad return on your investment.
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Make It Yourself
The Low meant people had to become creative, making items that most of united states would never think to arts and crafts ourselves. For example, there was little money for toys, and then kids played with box forts, homemade blocks, spools on strings — anything that was lying around the house. Well-nigh folks wore homemade habiliment, with some kids running effectually in garments made from feed sacks. Today, whether your urge to practice it yourself is motivated more by your budget or a lingering desire to avoid close contact in stores, there are plenty of products you lot can easily make at habitation, from cleaners and soap to mascara and bath salts.
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Fix It Yourself, Too
When's the last time you tried to ready a shoe? During the Low, a piece of cardboard or a new safety sole may have extended the wear of a pricey pair, and clothes were certainly mended and patched long before they were always thrown out. A few bones sewing skills can certainly aid you avoid pitching an otherwise perfectly good garment today, too, and a practise-it-yourself mental attitude (and perhaps a YouTube video or two) volition let you tackle simple home repairs such as fixing a leaky faucet or a wobbly chair with confidence.
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Reuse, Reuse, Reuse
There was but one "R" out of "reduce, reuse, and recycle" during the Low, when annihilation you had in your possession could be pressed into duty for a completely different purpose at whatever time. For that reason, niggling was ever thrown out. Worn textile was woven into a rug or turned into cleaning rags, tires became garden beds, and buttons became game pieces or replacements for other buttons (and no one cared if they matched). Today'due south single-utilise culture doesn't necessarily encourage getting so creative, only the frugal amidst usa know there are still plenty of items that can be reused in tons of ways.
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Don't Pay for Convenience
"Convenience is male monarch" might be the ultimate modern-twenty-four hour period catchphrase, considering it certainly didn't utilise in the 1930s. Getting takeout for dinner might be second nature today, but it was almost unheard of to eat anything but a home-cooked meal during the Depression, even when many of them were unappetizing (call back hot-dog stew, or fried cabbage with pasta). Instead of browsing DoorDash, challenge yourself to actually use those dusty canned goods in the pantry. Similarly, recall about other little luxuries that will salve you lot big money if y'all take matters into your ain easily, such as doing your ain yardwork, washing the machine yourself, cutting a kid's hair, or grinding your own coffee beans.
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Pay Less for Entertainment
In a similar vein, about of u.s. don't bat an eye at paying untold dollars for our favorite streaming services or a season pass to an amusement park — anything in the proper noun of family unit fun. But during the Depression, diversions were a lot cheaper, if they cost anything at all. There were soap-box derbies, board games, radio shows, the Sunday comics, and even some zanier things, such as watching dance marathons and pole sitters. While the latter may not be an option any more, examining your entertainment budget with a critical center certainly is, peculiarly when there are so many ways to relieve, from dropping cable and mag subscriptions to simply checking out the local library.
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Get Where the Jobs Are
"Are you willing to relocate?" is a question that makes many job hunters cringe, but during the Low, desperate folks wouldn't bat an center — there was no choice but to movement. In item, the Dust Bowl forced farmers to abandon the central United States, leading to huge population swings. Dissimilarity that with 2018, when only effectually 10% of chore seekers were willing to relocate — but that was when unemployment was at historic lows. The pandemic led to relocation as people discovered they could work remotely. Will information technology as well make people more than willing to pull up their roots for the hope of stable employment? Simply time will tell.
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Be Willing to Change Careers
Today, plenty of people tie their identity closely to their career, only during the Depression, jobs meant workers could feed themselves or their families for some other week, and little more. They couldn't cling to formerly well-paying careers when there were no similar jobs to be had, and some even resorted to wearing signs advertising their skills as they walked around big cities, hoping to take hold of a interruption. At that place are nearly ever industries and companies hiring, from telecommunication companies to delivery services, and some roles require little to no experience. You've got nothing to lose by pivoting in the brusque term, except a paycheck.
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Look Out for Your Neighbors
Tales of the Depression are woven with a common thread: Fifty-fifty though near people had very little, those with a niggling more helped those with a little less. Families who had fallen on hard times moved in with others who had it slightly better, and strangers often banded together to search for work or food. While the pandemic kept united states of america physically distant from neighbors and others in our community, there were e'er plenty of ways to help, many of which didn't fifty-fifty crave you to leave the house.
Related: How to Get to Know Your Neighbors When You Move
Avoid Debt if Possible
Debt is a dirty word to most people who lived through the Depression. In the '20s, plenty of folks lived across their ways, and retailers were all too eager to extend installment loans and credit lines, more than doubling consumer debt and contributing to the painful crash that followed. In more recent times, the recession of the late 2000s farther reinforced the lesson equally waves of homes financed with subprime mortgages went into foreclosure, saddling owners with debt that far outpaced what their homes were worth. The takeaway: Tough times require tough choices, and ane of them should be refusing to purchase what y'all tin't beget with what's already in your bank account. Then, redouble your delivery to digging yourself out of debt you already have.
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Source: https://blog.cheapism.com/lessons-from-great-depression/
Posted by: mirandacoulp1949.blogspot.com
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