
(Happy Throwback Thursday! Given recent inflation rates, and some pundits’ responses to the very real struggles that some people face, I thought this post needed re-saying. It first ran on April 25, 2011; a version of the piece, written by me, originally appeared on MSN Money’s Smart Spending blog.)
When the going gets tough, it’s tempting to invoke our grandparents and their tribulations during the Great Depression.
I’m about to commit cultural heresy: A lot of their advice wouldn’t help us.
My paternal grandparents, who were 17 and 18 when they married in 1935 and had a baby the next year, knew an awful lot about living on an awful little. They’d make most of us modern frugalists look like Rockefellers.
But allow me to point out an irritating fact: The world was different then. When you look at our grandparents’ lives in context, you’ll see that it was easier to manage on relatively little. Not more comfortable, or more fun – just easier.