A Penny Saved Is a Penny Earned

I was reading this article the other day about how to pinch the pennies. Here's what they suggest:

1. Rent a DVD instead of going to the movies once a month.


2. Do your own housecleaning and let the housekeep go.


3. Make your own bottle of wine instead of buy them.


4. Order in a pizza instead of eating out twice a month.


5. Start using your local library.


6. Have a home birthday party for the kids.


7. Switch to basic cable.


8. Make your coffee at home and take it in a Thermos.


9. Get your daughter a Girl Guide membership instead of the horse riding lessons.


10. Limit the use of bank machines.

This is the second or third magazine that I've come across with articles like this one and I have to say I think the suggestions are weak because it's all common sense. It's like reading a Sophie Kinsella book but instead of it being written as a comedy it's being written for reality. We have two friends who were laid off recently. I'm pretty sure they could come up with this stuff on their own. Anyone who has gone from two incomes to one has already thought most of this stuff up. Oprah has done a number of shows about money too. There was a women on her show recently who unplugged everything when she was done using it. (Like I'm going crawl on my hands and knees behind my dresser every morning to unplug my alarm clock and set the time again every night) There is a theme out there. We are in a recession but surely there must be more to be done.



Part of today's money problem is the access to credit and the required use of it. You can not park in downtown Calgary without a credit card. You can not buy anything online. You can not book a hotel or flight. Buy a cell phone. Get a land line. Order the newspaper or any service at that. You can't even go to my dentist without your credit card. You can't get a lot of things unless you have a credit card. Our society is set up to use your credit card.



Then there is the access to having one. Everywhere you turn you are offered a credit card and each one has different rewards connected to it. The university is covered in credit card companies the first week of school offering the newest and greatest plans. Every department store. Every football game. Every bank. There was a woman on Oprah the other day with 29 credit cards. Seriously?



Then there is the cutting back; which this article was referring to. We definitely live in a must have/I want/right now society. You can always ask yourselves do I need this or do I just want this. Put it on hold and think about it for a few days but to truly cut back depression style will require a bit more.

It got me thinking how did they do it in the depression. Well for starters if you didn't have the money you didn't get to buy; you could pull out your credit card to cover the excess. But really how did they do it?

They saved, reused and recycled everything. I read an article on the internet about flour sacks. In the 20's your flour came in a cloth sack. Once the sack was empty the cloth was used to make girls dresses. Apparently the flour companies began providing a wide range of prints to make their sacks so that the girls all had different prints on their dresses. I thought this was really cool, however it's not possible to do today (just try to make a dress out of a flour sack now... it is paper). The there is making the dress. If you go to the fabric store (which is pretty close to a monopoly in Canada) you will pay far more for the pattern (because making your own pattern is a lost art which got lost before my generation) and the material then you would to just buy the ready made outfit at the store.

My Dad (who did not grow up in the depression but who did live on a tight budget as a child) said when they were growing up they drank powdered milk, they made their own bread,they grew a garden, they didn't eat vegetables or fruit in the winter, they shopped for groceries on Sat. night when everything was discounted (because the store was closed on Sunday and things would go bad if they waited until Mon) and you would never buy paper towel or a magazine to tell you how to save money.

If I was going to write my own article... off the top of my head without thinking really hard but maybe harder than Rebecca Bloomwood...

1. Grow a garden. Freeze, can, preserve what you grow.
2. Hang a clothes line or get a small hanger thing to dry your clothes with air.
3. Change your own oil.
4. Trade and borrow things with friends. Like toys.
5. Buy second hand.
6. Start making things... like baking muffins, breads etc.

Surely these magazine writers can think a little harder because the truth of the matter is most people are looking for something a little more ground breaking then fire the house keeper.