Surviving Financial Depresson, Day-to-Day in the 1930's
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(Answering the request about how people handled their finances in the 1930's)
People didn't save money in the 1930's.
they didn't have enough money to have a "finantial situation".
Most people had little money to spend.
Most people didn't have any money to save.
I was not alive then, but Mom did tell me some things.
She said that almost half of the people they knew had no job -- no work of any kind. That meant half of the men they knew. Few women worked outside the home. Mom remembers seeing dirty men on the streets searching through garbage cans for moldy bread.
My dad was one of the lucky ones. He had a job in a factory that made cardboard boxes. He rode a streetcar to Los Angeles, one hour each way, worked in an dark, unheated warehouse-type building for six or seven days a week.
He wore a heavy overcoat pinned together at the neck with a horse blanket safety-pin to keep himself warm as he fed large cardboard sheets into a cutting and folding press.
He wore the coat when he went to the boss of the factory to ask for another five cents per week, because his wife was expecting a baby.
He made ten dollars a week ( though the streetcar cost ten cents a day) but he felt lucky to have a job. If the box factory was busy, he had to work six or seven days a week . To refuse the extra hours , would put his job in jeopardy, and there were plenty of other men waiting to find a job of any kind. There was no overtime pay, no benefits and no insurance.
They lived in a small apartment with her parents. They grew some vegetables in the back yard. They repaired their old clothes. They got by.
No one ate at restaurants. A steak dinner for one person could cost as much as three bucks. A few people went to the movies, but a ticket cost fifteen cents, and that would buy a quart of milk and a loaf of bread.
Somehow, most people survived the depression. They depended on family and friends, worked hard and bought only necessities.
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Comments
I think people today have only a faint idea of the times people survived-- not that long ago, really.
Ouch. We don't know the meaning of tough times, do we, really? I worked in a cardboard box factory myself, one summer, and couldn't keep up with the wee Glasgow women who had been doing it for years. I didn't last three days, I don't think, before I had to fess up and look for something else.
You're right -- no one had any money to save, back then. My Granda worked in the shipyard in Belfast, and I don't think he ever bought anything on credit in his life. The idea of owing money was not only foreign to him, but kinda shameful. Now I look at my debts and I know he was right.
my grandparents were the same about owing money - except on a mortgage, which was "respectable" debt.
What a coincidence, Teresa. I'll bet not too many people know someone who has worked in a paper box factory.
I think it really taught them how to manage money.
This is a story about them later in life;
http://hubpages.com/hub/Do-it-Yourself-Traveling-H
(Probably should link this in the article)
Hi London Girl-- I wonder when that all changed? I still feel the same way.
In my family, it hasn't - my parents still have a mortgage, and no other debt, and none of their four children has any debt, even a mortgage, yet.
I have heard such (coping up) stories from my parents and grand parents. They really used to slog. Although, we are facing tough times too, yet, I feel we are still better off. Thx for a very nice hub
My step-father was born in the depression. Till the day he died, he pinched every penny and saved every piece of anything. Our basement was filled with old nails, rubberbands, frames, pieces of wood, tacs, you name it, it was stored and labeled, just in case. He rarely bought new clothes or shoes unless he had to. Everything was bought outright, including his home. It got on our nerves. But now I can say I had a good role model and I'm not lost when it comes to pinching pennies (not that I do as often as I should.)
Great hub. Thanks for sharing.
My husbands family lost pretty much everything during WWII in Europe, their land, possessions and almost everything of material value They barely escaped with their lives and have an amazing story of escape from an advancing army in a deep-freeze of winter weather.
My father-in-law knew what it meant for a family to be hungry, to be seperated from his family, to be in a Russian prison-- and he always knew how to make a penny go a long way by not wasting anything. They were durable eople, but they knew what it really meant to lose all of their external security.
They had it much worse than my parents, even though we tend to think of that as extreme.
Hi Rochelle -- I loved this hub! As others have mentioned, I remember my grandparents telling me about the luxuries of eating eggs -- or rather EGG, as in singular -- sitting round the table and having one fried egg sit on a plate in front of my granddad who would give a bite to each of her four daughters, then share the rest with his wife.... my grandmother died an old age and could never, ever until the day she fell ill, bear to do away with any single piece of ANYTHING in the house. We kids called it junk, she called it insurance in case tough times came back... I think we have NO idea nowadays...
NIce hub,,, very nice informations ,,thanks for share this
Amazing to take the number of Grandpa's earrnings, and compare it percentage-wise to the cost of commuting, or a steak dinner in their time...
and then take that percentage and figure out what it would cost me in this day and age compaired to my paycheck! EEK!
I remember listening to my mother and my husband's grandmothers and they all said the same thing. They pulled together as family and community and shared. People didn't care about getting ahead, just surviving.
I think that we need to do more of that now.
Thank you for the reminder.
People knew how to survive hard times back then, I think we've lost that. Our survival skills are dull and that is the scariest thing about the world as it is today. What will people do and how will they survive if they have never had to learn what it's like to be without.
Those of us who remember-- or have heard from others have to remind them.
I really enjoyed reading this hub! I think it's ridiculous that the media is constantly bombarding news about our "terrible" economy, when in fact it could get a whole lot worse. Nobody is grateful for what they have because they are expected to have more. My family raised me to be independent so that THEY don't have to take care of me. I wish I had family security like families did in the old days. My grandma lived through the hard times though. She is also the number one person there for me during my hard times...
I know that a lot of people are having a difficult time right now but, yes, I think the news media is making the fear grow.
I love this Hub Rochelle. I would've loved to sit and listen to these stories with my family. You're lucky in that aspect:) And many others I'm sure.
Thanks,
MissJamie
Yes i have been very lucky. My parents faced a lot of tough challenges early on, including economic depression, a major earthquake and WW II. They came through with flying colors and enjoyed traveling the world in their later days.
This was such a cool Hub Rochelle. Thanks for sharing it. My Gram still tells me about the days when milk cost a few cents... I cannot believe it when she tells me that. She also told me about full serve at gas stations! Theys check the oil, clean the windsheild, and fill up the tank.
Incredible how times have changed! I dont even know why they use the term full serve anymore if all they do is fill you up, and tell you to move to let the next person behind you in. lol
In California we fill our own tank (I know that in some states this is not allowed), but we have been doing it for years.
Yes, I can remember them cleaning the windshield, checking the oil, the radiator water ( and topped it off if needed) and checked the tire pressure. Quite often they even gave you a free drinking glass or other gift and also gave 'green stamps' to paste in a book that would later be redeemed for merchandise.
my father grew up in a small rowhouse with 15 people living in it and i never heard one word of complaint about that life, only funny stories and great food (boy could those old girls cook) and love and genrosity - only 5 of the bunch were kids, of the adults only one of them had a job, in a grocery store...we met an old woman after my father died who said she remembered my father as a kid, schlepping soup up the ally to neighbors who had nothing
I can't Imagine 16 people living in the same house,if they only had one bathroom
Sometimes circumstances require us to make strict rules... Take a number, No teeth brushing during rush hour, Communal baths encouraged...
Glad to hear these stories from someone at least second hand...
The Depression was a hard time for the American populace. I'm saddened every day as we pump up inflation and the Federal Reserve prints new money every day to support mistakes others have made.
When will we realize money is fictious? Hopefully soon.
Sincerely,
G|M
Thanks G/M. It does seem as if we have been living a lie for quite a while. My parents didn't have much material wealth. Even after WWII when the economy began to grow, they were working very hard for every penny. Strangely enough, I never felt "poor". Must have been because they were so rich in their positive personal qualities.
Their frugal habits paid off. You can read about that part in my hub about the "traveling health insurance plan".
Hi Rochelle, I have also grown up hearing many stories about how the Depression affected people. Thrift was part of what they learned as a necessity but was also a virtue. It would solve many problems today starting in people's own homes and on up to our government leaders and the spenders of public money.
Yes-- I think the lessons learned then are the reason that we have enjoyed a long period of economic prosperity.
We had to work for what we got, we had to save, we had to take some well-reasoned risks, we had to delay some of our desires, but all of those good choices put us in a more stable position.
I am amazed that so many people ,especially government people, think the government should solve all problems -- especially those that people have caused for themselves.
Economic Depression in the News
- Today's debate: Jobs and the economyUSA Today21 hours ago
Apply unspent TARP funds toward deficit reduction, not new stimulus.
- Obama: Efforts aimed at economy's long-term healthDetroit News2 days ago
Washington -- President Barack Obama on Saturday sought to reassure Americans frustrated by high unemployment that he's concentrating on jobs, while defending his administration's efforts to strengthen the economy on several fronts.
- Obama: Efforts aimed at economy's long-term healthThe Washington Times2 days ago
WASHINGTON — President Barack Obama on Saturday sought to reassure Americans frustrated by high unemployment that he's concentrating on jobs, while defending his administration's efforts to strengthen the economy on several fronts. "In the coming days, I'll be unveiling additional ideas aimed at accelerating job growth and hiring as we emerge from this economic storm," Obama said in his weekly ...
- Obama: Efforts aimed at economy's long-term healthThe Gainesville Sun2 days ago
The Associated Press President Barack Obama on Saturday sought to reassure Americans frustrated by high unemployment that he's concentrating on jobs, while defending his administration's efforts to strengthen the economy on several fronts.
- Michigan's economy stronger than Arizona'sDetroit Free Press3 days ago
You know Arizona's economy is in bad shape when it ranks worse than Michigan's. Even after years of mind-numbing hits to its construction industry, it's a jolt to realize that Arizona has lost a larger percentage of jobs in this recession than Michigan, even as that state's auto-based economy continued to melt down.
Patty Inglish, MS says:
9 months ago
Interesting to read and compare to other, similar stories of the 30's. We don't have that hard a time today, yet; but some people are mighty close.