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January 22, 2009

Cheap Trick Thursday: Thrift Week

spare changeThis has been a week of commemorating historic achievements of our past and contemplation on how our lives will change in the future --- socially, politically, economically.

But one group wants to set our country's financial future back on track by returning to ways of the past.

As I first discovered via Frugal Babe, the Templeton Foundation Press is trying to revive National Thrift Week, a celebration of all things frugal that started in 1916 when our country was on the brink of war and continued through the 1960s.

The Library of Congress's study of the National Thrift Movement points out that the movement was sponsored by groups you might expect, such as the Boy Scouts of America and the American Home Economics Association, as well as some you might not, such as the National Retail Dry Goods Association, the U.S. Chamber of Commerce and the Associated Advertising Clubs of the World.

The week was tied to ...

Jan. 17, Benjamin Franklin's birthday, in recognition of his support of all things frugal, and gained steam during the boom years of the Roaring 20s.

According to the Bringbackthriftweek.com Web site, the week included Have a Bank Account Day, Invest Safely Day, Carry Life Insurance Day, Keep a Budget Day, Pay Bills Promptly Day, Own Your Home Day and Share with Others Day.

Now, clearly, this isn't an excuse to spend the other 51 weeks of the year in idle excess (and you should be nice to your mom even when it isn't Mother's Day). But peruse the suggestions for Thrift Week policy changes, which include keeping credit card companies off college campuses and reforming usury laws.

Got some ways to save of your own? Enter creative techniques for you, your government or organizations to promote frugality in the thrifty ideas contest. State these methods in 50 words or less, and you could win a $100 savings bond.

(photo: Patrick Smith/Baltimore Sun)
Posted by Liz Kay at 6:07 AM | | Comments (0)
Categories: Cheap/Frugal, Food, Greenies, Shopping
        

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