A challenging economic era motivates people to make informed financial decisions. Whether it's choosing to repair a vehicle instead of buying a new one, or investing in simple pleasures and rich outings, this behavior is booming. A culture that always lives a life of stern but meaningful life is the Amish. More and more people are interested in their lifestyles and want to know that they can comfortably imitate all aspects of their lives.
Lorilee Craker is the author of this new book, "Looking for the real rich Amish money secrets in simplicity, sharing and salvation." She examined her lifestyle, which is extremely luxurious in peace, family and community intimacy. For them, thrift is a muscle that is constantly exercised.
Clark interviewed the Amish people in Michigan and Pennsylvania, including an Amish banker whose client is 95% Amish. During the Great Depression of 2008, his bank had the best year ever. Amish experts and inventors ' [Amish mentioned any non-Amish], the financial point of view also emphasizes this book. Here, they discuss two habits of saving money, that is, exchanging and rethinking gifts.
Barter. from
From the 1880s to the Great Depression, barter was a popular social act. It is very common today. The Amish people who lived a long history outside the cash economy like to exchange goods for goods and goods for services or services. In the barter transaction, ask yourself, "What do you have to do, why can you negotiate?"
Unfortunately, Americans may be too proud to trade barter, but it is very popular abroad. Barter, you will:
- Establish relationships and communities.
- When you must express your needs, please participate in the defect level.
- Think about your assets before you need them.
If you are uncomfortable to exchange, start with your friends and acquaintances; and seek barter trade opportunities. Post what you need on your social media site.
Reflection gift from
. The Amish gave each child a birthday and Christmas present. Gifts are often useful, both demand-based and hand-made, regardless of the age of the recipient. The first step in rethinking a gift is to reduce it. Consider giving any of the following gifts: from
One. from
Experience or charity, or from
Bay from
The local is in some way.
Experience the gift. Provide a single experience, whether shared, awkward, skillful, and most importantly, memorable. For example, sports event tickets, museum membership or horse riding courses. It is expensive and cheap to experience a gift because it invests more in this relationship.
- Undecorated gift. They are both fun and frugal, yet meaningful. Offer coupons including babysitting, cleaning or garden work.
- Coupon gift. Consider giving time gifts that allow you to create priceless memories. Coupon gifts are also worth looking forward to.
- Donate a lovely charity in the name of the recipient.
Self-produced and sold. Examples include painted pottery, making candles, garden stones and soap.
- Cook, can, roast. "Somehow, some things about kitchen gifts cost more than ingredients," says Craker.
second hand. Craker said the goal is to get 20% of the gifts from resale, consignment or thrift stores.
- Resale store. It can include children's clothing accessories.
- Consignment store. Look for designer clothes, baby showers and newborn gifts.
Buy your own gift home. A person's trash is another man's fun:
- Give another gift. This approach gets a bad rap, but if you are in good shape, others will appreciate it more than you, why not give them?
- Practice re-giving more than Christmas. Sometimes gifts have extra meaning for both the giver and the recipient. Parents can give special items to their adult children. These items are precious and emotionally connected to their growth.
Amish money secret Explain that bartering and gifts can be both fashionable and practical. And, you don't need to wear a hat or sling to bring prosperity.
Orignal From: Lorilee Craker's Amish Secret - Personal Finance Book Review - Bartering and Gifting
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