Hi All,
So here is a bit of an interesting personal finance story for you all.
Earlier this week, I went to my uncles house. He had a bunch of stuff from my late grandfather…including his weekly budget from 1941. Being a huge personal finance fan, I thought I’d share it here.
He was using old fashioned cursive writing, so the writing is a bit hard to make out, but the prices are pretty amazing. In September of 1941 my grandfather received $196.50 in income. He paid 40 dollars in rent, 5 cents for postage, $1.34 for cigarettes, $2.12 for drinks and $1.50 for dry cleaning.
There are also some medical expenses, such as 72 cents for quinine, and some grooming expenses like 85 cents for a haircut and shoeshine.
What’s interesting is about my grandfather’s budget is, he wrote down everything. And, a lot of the thing he spent money on such as shoe repair and periodicals, are significantly less popular these days.
For More Great Articles, Read These:
Building Wealth on $600 Per Month
What’s The Best Time to Buy And Sell Mutual Funds To Make The Most Money?
Ten Factors Affecting Your Wealth
This is fascinating both from a finance and historic point of view. What a priceless treasure! I’m wondering what $1.70 for “The Male Animal” is.
Totally Melissa, its really nice to see where my family comes by their financial habits. My grandfather taught my mom, and she taught budgeting to me.