Older Brits turn to wartime ‘make do and mend’ money-saving tips amid recession

May 11th, 2009 - 12:17 pm ICT by ANI  

London, May 11 (ANI): About 70 per cent of the older British people have turned to the wartime “make do and mend” money-saving tips that they learnt from their parents or the generation who struggled with rationing, in order that their cash go further amid the ongoing recession.

The Age Concern and Help The Aged poll has found that about 54 per cent of such people buy food at reduced prices, 71 per cent reuse leftover food, half mend clothes, and about 29 per cent grow vegetables.

About a staggering 91 per cent of the older people polled also said that they budgeted carefully and spent within their means.

Michelle Mitchell, charity ­director of Help the Aged and Age Concern, said that nine out of 10 felt that their frugal attitude could help younger generations weather the credit crunch.

“The set of thrifty skills that many older people can tap into represents an ­invaluable resource in times of recession,” the Daily Express quoted Michelle as saying. (ANI)

Tags: , , , , , , , , , , , , , , ,

Posted in World |

Subscribe