It’s a common refrain among millennials that their parent’s generation, the “baby boomers,” had it easier regarding finances. The cost of living was lower, education was more affordable, and the job market was more promising. This is all true, but people in that generation also lost some old-fashioned frugal living habits over the years.
Boomers were masters of the humble packed lunch, which saved money on meals. They would prepare simple, homemade lunches to bring to work or school instead of buying expensive cafeteria or restaurant food.
Before digital savings apps, boomers diligently clipped coupons from newspapers and magazines. They combined these paper coupons strategically with sales and loyalty programs to maximize savings at grocery and retail stores.
From home repairs to haircuts, boomers embraced a do-it-yourself spirit to avoid the costs of professional services. They learned basic skills like plumbing, carpentry, sewing, and cutting hair. Even if your parents haven’t taught you these things, you can easily learn how to do them with tutorials or classes.