Tony Dejak, Associated Press
What do the Amish have to teach about personal finance? Quite a lot, it turns out.
“Our culture is all about, ‘How can I get the latest iPad?’ (The Amish) don’t think that way at all,” Lorilee Craker, author of “Money Secrets of the Amish: Finding True Abundance in Simplicity, Sharing, and saving,” told MarketWatch’s Quentin Fottrell in an interview.
Fottrell asked Craker a series of questions aiming to understand what’s so different about the Amish approach to money, and Craker was more than ready with plenty of answers.
“It’s this incredible bone-deep thrift, which is not really stinginess. It’s a generous frugality. They will go to great lengths to re-use, re-cycle and re-purpose,” Craker said. “They don’t do it to be green, they do it to be thrifty.”
- Here's a look at the 20 worst jobs of 2015...
- Balancing act: Does parenting bring...
- The 10 best cities in America for job seekers...
- The best states in America for balancing work...
- Dave Ramsey says: Build your budget together
- 'Such a stress reliever': In Rhode Island,...
- Index funds: A low cost way to solid...
- Is the 40-hour workweek falling out of fashion?
- Are schools preparing students for the... 18
- 'Such a stress reliever': In Rhode... 13
- Utah jobless rate holds steady at 3.4... 5
- Millennials are more depressed than... 3
- US consumer prices up a slight 0.1... 1
- Renovation Solutions: Top remodeling... 1
- Balancing act: Does parenting bring... 1
- Americans are very unsure about their... 1