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.”
- The best Black Friday deals of 2014
- Can a cash grocery budget save you money?
- 4 reasons why you shouldn't shop on Black Friday
- Why Utahns are some of the biggest spenders,...
- What women can do to prepare for retirement
- Adults expect to spend $720 on gifts. Here's...
- Our complete guide to Black Friday, Cyber...
- Immigration reform will boost the economy,...
- Working on Thanksgiving Day? Here's why... 12
- Why Utahns are some of the biggest... 12
- In our opinion: Fear, intentions can... 7
- Immigration reform will boost the... 7
- Thanksgiving trumps Black Friday for deals 4
- Why Salt Lake City is one of the best... 2
- What women can do to prepare for... 2
- US stocks inch further into record... 1