Want to save money and pay off debt? Try living like your grandparents.

I was one of those lucky kids whose grandparents were always present in my life. My brothers and I visited them at least once a week, and we often spent the night. Little did I know at the time, my childhood brain was soaking up subtle messages about money that I’d benefit from later in life.

There were many mornings at Grandma’s house when I awoke to birds singing from the trees near the open bedroom window. It was a peaceful awakening, unlike the jarring buzzers and alarms that jolt me from sleep as an adult.

One such morning, I padded barefoot down the hallway into the kitchen, where my grandma was preparing bowls of oatmeal for me and my two brothers. Our meal came from a big cardboard canister, not expensive single-portion packets. I thought nothing of the price of oatmeal that day, having no idea that the grain she mixed with butter, milk and sugar for my breakfast cost next to nothing.

It’s probably the feeling of safety, security, and love I felt that morning that keeps the memory so vivid decades later. However, the oatmeal lesson wasn’t completely lost on me, either. When money’s tight, oatmeal is still one of my go-to foods for breakfast.

Maybe you learned some frugal living tips from your own grandparents. But even if your grandma was a hard-drinking gambler who declared bankruptcy, you can still benefit from my grandmother’s wisdom.

[Personal finance columnist Deb Hipp]

Hi, this is Deb Hipp, and I write about all kinds of ways to stretch a dollar. Check out my column, 7 Things I Learned From Grandma About Frugal Living.

My grandmother grew up poor. So she gave me a wealth of good advice — much of it about money. Here are a few tips:

  1. Eat beans. They’re cheap, tasty, and a healthy source of protein.
  2. Read a newspaper. Actually read the ads, specifically, the grocery offers — I save $20 a week that way.
  3. Clear out the clearance rack. Sure, most of it is junk but score a deal on anything that’s not.

I learned many more lessons from grandma. Read about them at Debt.com

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Meet the Author

Deb Hipp

Deb Hipp

Contributor

Hipp is a freelance writer based out of Missouri.

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Article last modified on December 11, 2018 Published by Debt.com, LLC . Mobile users may also access the AMP Version: 7 Things I Learned from Grandma About Frugal Living - AMP.