If you’ve ever wondered how your parents or grandparents managed to raise a family, buy a home, and still squirrel away savings: on one income, no less!
It was habits. Smart, practical, no-nonsense habits that might feel old-fashioned now, but actually worked.
Boomers didn’t have cashback apps or TikTok budgeting hacks, but they knew how to stretch a dollar until it begged for mercy.
Some of their methods might surprise you, and others might make you nostalgic. But here’s the thing: a lot of them still hold up today.
They Used Cash Instead of Credit Cards
Boomers often skipped the credit cards and paid with cash or debit, especially at small businesses. In many places, that still gets you a discount today and it definitely keeps you from overspending.
They Cooked at Home Every Night
Eating out was a luxury, not a routine. Most Boomers cooked at home, night after night. It wasn’t always fancy, but it was affordable and got the job done. Home-cooked meals are still one of the best ways to save money today.
They Repaired Instead of Replaced
If something broke, Boomers didn’t rush out to buy a new one. They grabbed a toolbox or a needle and thread and fixed it. It’s a habit worth reviving in our throwaway culture.
They Hung Clothes To Dry
Clothes dryers use a ton of energy, so Boomers often hung their laundry outside or indoors on drying racks to save on the electric bill. It’s slower, but still works just as well (and your clothes last longer, too).
They Used Cash Envelopes for Budgeting
Before apps and spreadsheets, there were envelopes. Boomers divvied up their cash by category: groceries, gas, gifts, and stuck to it. It was simple, effective, and surprisingly hard to overspend when your envelope was empty.
Read More: How To Use the Cash Envelope System To Budget Your Money Effectively
They Saved Leftovers Religiously
Nothing went to waste. Leftovers were turned into soup, sandwiches, casseroles-you name it. That roast chicken stretched into several meals. With a little creativity (and maybe a recipe search), you can do the same.
They Shopped Garage Sales and Thrift Stores
Boomers didn’t think twice about buying secondhand. Furniture, clothes, toys: it was all fair game. Thrift stores and yard sales were treasure hunts, and they still are.
They Grew Their Own Vegetables
Even a small backyard or windowsill garden helped cut grocery costs. Many Boomers had homegrown tomatoes, cucumbers, and herbs in the summer. You don’t need a green thumb, just a little dirt and patience.
They Took Staycations Instead of Traveling
Instead of expensive trips, Boomers made the most of their hometowns. Parks, lakes, and backyard BBQs that was the vacation. And it’s still a great way to unwind without racking up a credit card bill.
They Bought Generic Brands
Boomers didn’t get hung up on brand names. They bought the store brand and saved a few cents on every item—savings that added up fast. Most generics today are just as good, sometimes better.
They Sewed or Mended Their Own Clothes
A tear didn’t mean tossing it out. Boomers patched, hemmed, and mended their clothes to make them last. Some even tailored things at home for a better fit. A needle and thread can still save you a shopping trip.
They Used the Library Instead of Buying Books
Books, movies, and newspapers are all free at the local library. Boomers took full advantage of it, and today’s libraries offer even more, including ebooks and streaming services.
They Saved Spare Change in Jars
Loose change didn’t go to waste. Boomers saved it in jars for treats, gifts, or small splurges. It’s a slow-and-steady way to build a little fun fund.
They Shared Big-Ticket Items With Neighbors
Boomers borrowed tools, traded babysitting, and swapped favors with neighbors. It wasn’t about being cheap; it was about community. Need a ladder or a slow cooker? Ask around before buying one.
They Made Gifts Instead of Buying Them
Handmade gifts were common and meaningful. Boomers crocheted blankets, baked cookies, and wrote heartfelt cards. You don’t need to be crafty to make something thoughtful (and budget-friendly).
