8 Depression Era Tips That Save Money - Retro Housewife Goes Green (2024)

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By Lisa Sharp 48 Comments

We can learn a lot from the depression era about living more frugally. The skills people had to use then can still help us save money now.

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My Great Grandma had a very interesting life. She walked behind a covered wagon to Oklahoma, she experienced the Great Depression and the Dust Bowl in some hard-hit areas of Oklahoma. Hearing her stories is something I miss greatly. She also was a frugal woman that could always make do with what she had.

I often think about the Great Depression and how resourceful people were forced to be. Things are pretty cheap now and our economy has been much healthier, though the last couple of years have been tough.Now it’s so easy to just throw things away when they are broken or when clothing has a hole in it.

However, I think we have lost some useful skills and a good mindset over the years. Making do or doing without is not something many of us live by anymore. It’s creating a lot of waste and wasting money we could use on other things, like experiences with our loved ones.

There is so much we can learn from the trying times of the Great Depression. The resourcefulness was simply amazing. Not only will these skills help us now to be less wasteful and save money, but it also can never hurt to be prepared to have to be more self-sufficient.

8 Depression Era Tips That Save Money - Retro Housewife Goes Green (2)

Make Your Clothes Last

New clothes would have been pretty much unheard of for most families during the Depression. Clothes were mended over and over again. We also should be taking better care of our clothes. Make sure you wash them correctly and if possible line dry. This will save you money and also is gentler on your clothes.

Use It Up

Be sure to use up every drop of personal care, cleaning, and food items. All of the products that we throw out with just a little bit left really adds up.

Make It Yourself

DIY wasn’t just a trend in the Depression it was a way of life. While you aren’t likely going to start grinding your own flour you can make your own bread and other foods from scratch.

You can also make cleaning supplies and even a lot of personal care products can be made from simple ingredients you likely already have on hand. We have the big advantage of Pinterest to help us figure out how to make our own products.

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Borrow Instead of Buying

When was the last time you went to your local library? Most books and movies we only watch once so it’s silly to buy them when we can just borrow them from the library for free.

You can also borrow things from friends or family. Just be sure to take care of these items and beresponsible, otherwise, people won’t want to share anymore.

There are also options that aren’t freebut still save you money in the long run and use up fewer resources. You can use Kindle Unlimited for ebooks and if you already have Amazon Prime you can watch movies and TV shows there at no added cost. If you watch a lot of movies and read a lot of ebooks this will quickly save you money and means less clutter in your home.

Use Less

Be mindful of the number of products you use. Soaps and detergents are some of the things we often use too much of. You really need a very small amount to be effective, sometimes using too much actually makes it less effective.

Reuse Everything You Can

When clothes can no longer be mended they can become rags, old food jars can store all kinds of things, junk mail can be scratch paper, there is almost always a way to use something in a new way to extend its life.

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Grow your own food

Gardens were extremely important during the Depression. They still can help us to save money and to help the environment by reduced transportation requirements for our food. Foraging is also a lost skill that can help your food budget.

Don’t Waste Food

We waste a lot of food these days, 30-40% of it! There are so many ways to use up food “scraps.” Soups and smoothies are good for veggie and fruit scraps. Meat bones can also be good for soups and broths. Citrus peels can clean your garbage disposal or be used to make citrus vinegar for cleaning. And even inedible scraps can go in a compost bin to make your own compost for your garden.

The biggest thing I take away from the Depression is that people were more careful with what they had and they weren’t nearly as wasteful as we often are. We can learn so much from that tough time and apply it to our lives to make them better and more frugal.

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8 Depression Era Tips That Save Money - Retro Housewife Goes Green (2024)

FAQs

How to save money during the Great Depression? ›

That said, here are 27 great depression frugal living tips and ideas we can all learn from:
  1. Make your own soap. ...
  2. Wear clothes more than once before washing. ...
  3. Keep warm with a hot water bottle at night. ...
  4. Learn a few sewing skills. ...
  5. Do all your errands one day a week or less. ...
  6. Track your spending. ...
  7. Make a herb garden.
Jan 19, 2024

How did people save money on food during the Great Depression? ›

Many people turned to farming, and grew the food themselves, like fruits, vegetables, cattle, chickens, sheep, and hogs. Many people would can their food so that it would last longer. Some people chose to hunt for their food. Some people harvested their own bees to make honey.

What was a good investment during the Great Depression? ›

The best performing investments during the Depression were government bonds (many corporations stopped paying interest on their bonds) and annuities.

Where is the best place to put your money during a depression? ›

Domestic Bonds, Treasury Bills, & Notes

Mutual funds and stocks are considered to be a big gamble during depressions. While Treasury bonds, bills, and notes are more secure investments.

What are Great Depression foods? ›

Celery soup mixed with tuna fish and mashed potatoes. A salad of corned beef, gelatin and canned peas. Baked onion stuffed with peanut butter. Those are just some of the recipes Americans turned to during the Great Depression, when many families struggled to eat enough nutritious food.

What did people eat for breakfast during the depression? ›

When I was a little girl in the Depression era, country breakfast is the meal that I most remember! During the corn-husking season my parents used a home smoke-cured ham to feed the men who walked out in the dark each day. Along with the slice of ham, my mother served fried potatoes, eggs and biscuits, milk and coffee.

How did everyone lose their money in the Great Depression? ›

Simply put, the stock market crash of 1929 caused the Great Depression because everyone lost money. Investors and businesses both put significant amounts of money into the market, and when it crashed, tremendous amounts of money were lost. Businesses closed and people lost their savings.

Will I lose my savings in a depression? ›

Your money is safe in a bank, even during an economic decline like a recession. Up to $250,000 per depositor, per account ownership category, is protected by the FDIC or NCUA at a federally insured financial institution.

How did people lose all their money in the Great Depression? ›

Simply put, the stock market crash of 1929 caused the Great Depression because everyone lost money. Investors and businesses both put significant amounts of money into the market, and when it crashed, tremendous amounts of money were lost. Businesses closed and people lost their savings.

How were families able to save money during the Great Depression? ›

Farm Families and the Great Depression

Chickens supplied both meat and eggs, while dairy cows produced milk and cream. Many women had sewing skills and began producing much of their family's clothing. Wherever they could, families cut down on expenses.

Did people lose their savings during the Great Depression? ›

In all, 9,000 banks failed--taking with them $7 billion in depositors' assets. And in the 1930s there was no such thing as deposit insurance--this was a New Deal reform. When a bank failed the depositors were simply left without a penny. The life savings of millions of Americans were wiped out by the bank failures.

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