When things were worth saving for....

@Modestah (11177)
United States
May 17, 2007 3:40am CST
We used to save until we could pay cash for something that we wanted. Now, we see something we want - we "buy it" and pay for it later. sometimes it does not even get paid off before it is broken or discarded and we are off to the next item of I want, I need, I can't do without! Saving was a good way of practicing and instilling upon us perseverance and prudence. It kept us living within our means - with interest rates on credit cards "our means" are being quickly eaten up. It also helped us in making sure we really did need, want or couldn't do without it. I mean, you save for a few months for an item - the novelty of the idea may wear off and you realize it was not really that important. Whereas if you went and got it now on impulse you have not had the benefit of time to think it over. Besides saving money for purchases, we also saved our cereal proofs and our bread labels and in return we would get Battlestar Galatica stickers and other marvelous treasures, made all the more wonderful by our suspense and anticipation, after so many months of saving up the proofs, then the 6-8 weeks for the mail service to deliver the goods. My brother would "SAVE UP" all of our popsicle sticks and used wooden matchsticks when we were kids and when he had a heap of them he would build little forts for his army men. Many women kept the tradition of "SAVING UP" pieces of fabric from grown out of clothing, or leftover scraps from the latest projects, and when they have enough saved they will fashion a treasured quilt, an heirloom that great grandchildren can proclaim to their children that "This square here was Great Grandpa's over-alls, and this one - this was my own Momma's pinafore, her auntie had made for her" My mother saved every button from worn out garments - she had a decorated round tin that she would store them in. One of my favorite pastimes as a child was to run my fingers through the button tin - feeling the buttons as they passed over my palms like a water fall. The colors, the textures - it was a tactile ecstasy. Her zippers went into a green box that had a hinged lid. There were two white peacocks embroidered on the box, I think it originally held stationery. She also saved those Betty Crocker points and got her first set of pots and pans for her efforts, she still uses them these 44 years later. They are Duncan Hines lifetime stainless steel. Heavy duty. 3 months before our move to the United States from Panama my father increased my brother's and my allowance to $1 from 50cents. Then he made the incredible offer of matching us dollar for dollar (to be tallied at the end of the 3mos) that we are able to save. I don't think I spent even a dime those 3 mos and I had lots of spending money for little souvenirs as we traveled up through Central America. I know that there are still some frugal folks who do live within their means, and manage quite well. What has happened to most of us? how did we get this way? Did it happen when we no longer had to save up but the prize was already in the cereal box, or the cracker jacks box? Or was it the "happy medium" of layaway that segwayed us into not being able to wait? is there any turning back to the mentality of "I am saving up for..." or are we trapped for good?
5 people like this
10 responses
@lingli_78 (12821)
• Australia
18 May 07
i always have a habit to save my money first before i will buy the things that i want... i know that many people are trapped with lots of debts nowadays because of the habit of using credit cards... i also have credit cards but i am very careful in using it... unless i am really really sure that i can afford to pay it back, i won't buy it... i also make sure that i will make the payment on time every month to avoid the interest... i think we should all go back to the old habit of saving and paying by cash again to avoid debts...
1 person likes this
@Hart57 (359)
• United States
17 May 07
Why don't people live within their means? Why do they run up debt? I believe that credit card companies are a huge part of the problem. There was a time (perhaps as early as the late 70s or early 80s) when it was much more difficult to get a credit card. The standards were much more stringent. Now the credit card companies actively recruit new customers on college campuses (with the hope that the student will NOT get in the habit of paying off their balance every month and thus make the credit card company money). I hope that the tide turns and people learn how to be more frugal; that they embrace the virtue of delaying gratification. I don't think it's about to happen soon, though. Thanks for an EXCELLENT discussion!
@byfaithonly (10698)
• United States
17 May 07
Excellently written article - thank you so much for sharing this with us. I tend to 'save for things'. I refuse to have credit cards or accounts because of problems in the past (I had no self control on spending). It's been easiest for me just not to have them and as a result my children have been raised with this attitude - if you want something bad enough you will save to get it.
1 person likes this
@ladyljs (1303)
• United States
17 May 07
We have turned into such a disposable soceity...with the disposable diapers, cameras, towellettes, paper plates and plastic utensils, etc. I don't think that there is any going back to the old way of life. There might be two reasons for this though...things just aren't made as well as they were back in the "olden days", they are made to last a year or two and then you have to dispose of them anyway. If you do buy something that is worth keeping, it is usually so costly that you can't afford it anyway. We saved green stamps that we got from a grocery store when I was little. Often, my Mom and Dad would use them to buy our Christmas Presents! As far as credit purchases, the average family is way in debt with credit purchases. I was taught though, not to spend what you don't have...so although I use my credit card, I always pay the balance at the end of the month!
1 person likes this
@Rickrocks8 (1751)
• United States
17 May 07
We are spenders not savers. as soon as my youngers get's $5.00 he wants to go shopping. It drives me nuts. I'm the same way you need a washer you go out and get one. We had planned on getting the cheep~o kind because we use our washer daily. But we took the plunge and got the front loaders. You do alot less loads and that is nice! Oh here I go again babbling....Somebody STOP ME! LOL have a great day!
1 person likes this
@Woodpigeon (3710)
• Ireland
17 May 07
Credit cards have really been a disastrous thing for so many of us, haven't they? Do you remember saving up Dum Dum wrappers for the little toys? Or pocket money to buy taffey? I still save rubber bands and bits of cork and the better plastic containers that food comes in. So many things can be resued in the garden or for the multitude of little things the kids need for various projects. I like the idea of having a goal and saving for it. It is so much more satisfying when you get the item or to the place. For instance, last Christmas when we put together all of our Christmas money and then sent it to pay off the plane tickets for June, it seemed like a long way away and I am sure we would have rather had a stack of immediate gratification. NOw that we will be boarding the plane next month, I think we had a very good idea last December!
1 person likes this
• Canada
18 May 07
It is called credit and in todays world of instant stisfaction adn gotta have the newest adn greatest toy it is wonder peopel even think about how much debt they have solong as they can get more credit and companies are always wiling to give more to those who cannot afford it.
@creematee (2810)
• United States
23 May 07
I try so hard, Modestah, I try. Unfortunately, my impulse shopping always gets the best of me. Currently, we are trying to get our debts paid off. 2 mortgages, one car, student loan, and one credit card. The mortgages--one for the origianal house, the 2nd to pay for siding and roof that was desperately needed. The truck only got purchased AFTER the other vehicles were paid for, student loan, well, that's pretty obvious, and the credit card my hubby uses for work. I save Betty Crocker points & Schwan's points, but they do nothing to help me save money. My mom purchased her good silver that way. I thought I'd give it a try. NO WAY! The points do nothing in savings. They just charge more, if I don't have points. We are trying, desperately, to save for our kids' college, and to finally buy that "house in the country" that we always wanted. I don't know if we'll ever get there, but hopefully, it won't be too long.
@misheleen73 (6037)
• United States
17 May 07
I remember my mom & grandma saving "green stamps" You got them at gas stations, super markets and could redeem them for things like plates, cookware, household items, etc. They don't have those types of things anymore like they used to. I save money for things I want to buy. I do not have even 1 credit card. If I want it, I save up to buy it. My husband doesn't even like using lay-a-way
1 person likes this
@4cuteboys (4099)
• United States
20 May 07
That is the truth! It's all these impulse buys they have out there, along with the poor spending habits of most people these days. The same can even be said for purchasing a car! You can get a 7 year loan now, and by 7 years your car may have terrible problems, and your still stuck paying the large payment for it! I love the matching dollar for dollar idea. I might actually try doing that with my kids! I will say though we pay cash/debit for everything. We dont have any credit cards and I hope to keep it that way.
@Modestah (11177)
• United States
23 May 07
it would help I suppose, if products were made to last. our quality of products has depreciated so much it almost forces us into being a disposable society. I think it is great to live with cash/debit cards only - but do think it is important to establish credit. sometimes you can not even buy a house or a car unless you show you have good credit (even if paying cash) we were on vacation a few years back and I took only cash with me, purposefully deciding to leave the credit cards home - determined that this vacation was going to be funded entirely from the savings I had accumulated. Well, we ended up with engine troubles - and needed to rent a car while our car was in the shop being fixed and found that no one would rent to us without a credit card with us. Even though we would be paying cash. Lucky for us the guy fixing our car had a junker for sale which he agreed to rent to us for $20 a day - only he had no insurance on it so it was a risk