Lessons in Frugality
There was a time when being frugal meant you were smart — you weren't cheap, you were savvy. It was a natural side effect of living through the Great Depression and World War II, says Jeanette Pavini, author of "The Joy of Saving." The book aims to teach the money-saving approach to life practiced by the Greatest Generation, Americans who learned to live with food shortages and rationing, record job losses, and a devastated economy. Pavini's book is based in part on the values and skills of her Italian-American father, Galdo Pavini, who survived the Depression, as well as wisdom gleaned from two decades as a consumer reporter covering everything from budget grocery shopping to home decorating for less. Here are Pavini's tips for being Depression-era frugal with a modern spin.