These 7 frugal 'boomer habits' are a life-saver for younger generations overwhelmed with the economy

There has been a subtle debate between different generations, especially regarding frugality and finance. While boomers are bent on saving, Gen Zs can’t help but advocate for themselves that the economy is burdensome. However, to bring about a balance, there are a few things the newbies can pick from the wisdom of boomers. These 7 frugal habits that older people swear by just might become the saving grace for the younger generation swamped with bills and financial struggles, per DM News. These 7 tips are easy to practice and can help save a few hundred dollars. 

1. Vouch for home-cooking 

If you ever stopped to think how much you have spent on takeout or coffee, you’d be stunned. While it is not a sustainable solution to cook at home with busy lives, you’ll realize that shelling out dollars at the cost of your health is no fun either. Boomers have long stuck with eating home-cooked meals. With meal prep plans and many quick options, it can be a fun and vibrant add-on to a weekly routine. 

2. ‘Use it up’ 

We have been living way too long with disposables and variety. Many boomers have ensured that their purchases are of quality. Also, they took one extra step to ensure they’re using their stuff to the fullest before investing in another product. Whether it’s using leftovers to make a complete meal or repairing belongings instead of trashing them, the “use it up” approach can save much.  

3. Leave out instant gratification

With everything at our fingertips, we believe that life is hassle-free. However, this comes with an overburdening price. That shopping spree can be done in-store over a weekend, with friends and loved ones, while spending quality time together. The branded gear you can get in a few minutes can wait until you save up for it instead of shelling out immediately from your income with no frugal consciousness. 

4. Maintenance 

Whether it’s your health or that of your belongings, it will last as long as it's maintained properly. Boomers had a lifestyle that focused on maintenance. From getting adequate healthy food and exercise, to regular oiling for motor parts, all such things lasted because they were taken care of. Maintenance comes cheaper than cure. 

5. Grow your own food 

Boomers have had gardens of every possible vegetable and fruit. It’s not that difficult to consider planting a few of these in your space. Tomatoes, chilies, leafy vegetables and so many others are so easy to plant and can save you so much while ensuring you eat healthy. Besides, it adds as a knowledgeable and fun hobby too!

6. Sharing is caring—and frugal too

The boomers, you know, once lived in a community where tools, vehicles or ingredients were generously shared. A give-and-get or generous obligation is an efficient and frugal system that the older generations set in place, and it’s just too good to let go. 

7. Bringing it together with experience in possession

A private car or gourmet salad can’t beat the laughter, memories and delight of a bus ride and a homemade sandwich with loved ones. In the hustle of earning, spending and saving, don’t forget that your people matter too. Do whatever you can to spend some time with them and you’re halfway there to working your way to the above tips for a financially stable life. The point is to count valuable moments and experiences instead of collecting materialistic possessions.