No Result
View All Result
  • Login
Thursday, October 16, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Money

Amish Money: 10 Frugal Lessons from the Amish Community

by FeeOnlyNews.com
10 hours ago
in Money
Reading Time: 5 mins read
A A
0
Amish Money: 10 Frugal Lessons from the Amish Community
Share on FacebookShare on TwitterShare on LInkedIn


Image Source: Shutterstock. Amish harvesting corn. Amish business are typically low debt and have good cash flow.

Amish people and communities are unique in many ways. To most outsiders, they’re known mostly as soft-spoken people who live a simple life, don’t use electricity, and don’t drive cars. They’ve also had just enough bad press to make some people wary. No matter what your opinion of their beliefs, the traditional Amish community and lifestyle offers some financial advantages that anyone might consider adopting.

Obviously, some adjustments involve sacrifices and commitments that not everyone is going to want to make, but the principles can still help you find ways to save. Here are some lessons we can learn from this community.

1. Sometimes “Need” Really Means “Want”

Most people cultivate a sense of need for things they could live without. Since most aren’t driven by a culture that abhors amenities, it can take a financial crisis to help a person realize what he or she can give up. How many times have you said, or heard something like, “a person has to have some comforts.” to justify a second television, a luxury car, or something similar? If saving money is your goal, take a look around and figure out what the real necessities are.

2. Simple is Good

In many ways, the things we spend extra money on either complicate our lives or end up costing more in the long run. A self-propelled lawnmower doesn’t cut grass any better; it’s just easier and has more moving parts to replace. A brisk hike in the fresh air is just as effective as that 30-minute stroll on an expensive treadmill, and you’ll enjoy it more. Manual hedge clippers are half as expensive as electric, less noisy and give your arms some exercise.

3. Grow Your Own

I know, not everyone can raise livestock or big crops, but most of us can grow a few vegetables or herbs, even if they’re of the miniature, indoor variety. You’ll save some money and get better tasting, healthier produce, too.  In fact, according to the Mayo Clinic, being an active gardener improves your physical fitness, diet, mental health and lowers your stress level.  You can find that article here.

4. Many Hands Make Light Work – and Less Expense

When big projects arise in an Amish community, family and neighbors pitch in to get it done. Granted, if you live in the city, a barn raising is pretty much out of the question, but that doesn’t mean that family and friends can’t pitch in to mend that back fence or build a deck. Building codes in most cities will allow a homeowner to make home improvements and “employ” someone to help. You’ll need a permit for most work, and there will be inspections, but if you can’t afford a contractor, some free meals and maybe a case of beer might go a long way toward paying your friends.

5. Craftsmanship Isn’t About Expensive Tools

The reputation of Amish woodworkers is based on attention to detail, patience and secrets handed down through generations. Many of their tools are hand-made. You’re probably wondering what that has to do with saving money. It’s simple. Photographers can create awesome images without the top-of-the-line DSLR. Web developers can create great sites without owning the latest computer or software. Whatever you do, don’t get caught up in needing the biggest and best. Be the master of the tools you own and save some money.

6. Take Care of Your Tools

Keeping the tools of your trade longer doesn’t mean letting them fall apart. Any skilled craftsman knows that without proper maintenance, tools fail. Keeping your equipment in shape means it will perform better, longer. Having to replace them because of premature failure isn’t cost-effective.

7. Quality is Worth the Investment

One of the reasons Amish furniture is in such high demand is that it lasts. Because of the meticulous construction methods and hand-selected materials, many Amish pieces become heirlooms. Sometimes saving money means paying a little more for something that you’re not going to be throwing away soon. Naturally, this applies to much more than furniture.

For example, Reddit user ALightPseudonym posted on the r/BuyItForLife subreddit:

Amish furniture query reddit,
Image source: Reddit.com. Inquiry for Amish furniture.

8. Make the Most of Resources

To an Amish farmer, a cow is a source of dairy products and fertilizer. A grove of trees can provide building materials, but needs to be managed well, because it also produces game for the dinner table, as well as other natural foods. Crops are rotated carefully to optimize soil condition and help control crop disease. Careful resource management helps Amish communities sustain themselves with little help from the outside. We can all save money by learning to manage, recycle and repurpose what we have.

9. Get the Most Out of What You Have

Those horse-drawn prams the Amish are so well known for are also handed down, and repaired or reconditioned many times over. So it is with their other possessions. The basic principle is that if something serves its purpose, it doesn’t need to be replaced. Imagine how much money you can save by keeping your car a few years after it’s paid off. How about refinishing the dining table instead of replacing it? Make what you own last a little longer and you’ll save.

10. Gifts Don’t Have to Break the Bank

Traditional Amish gifts for birthdays, etc. are simple, practical items and usually singular. A tool or an item of clothing is typical. While there’s no need to adjust your gift giving quite that radically, it wouldn’t hurt to consider buying one very thoughtful gift instead of a dozen expensive ones.

The Amish Are In Fact, Often Wealthy

The Amish are often quite successful in business, but since their expenses are very low, they’re often able to accumulate significant wealth (BI.com). A 2010 report by the Houston Chronicle also suggests that Amish businesses often have low debt levels and treat wealth as a means to an end, rather than an end in and of itself (chron.com).  So, their frugal and religious oriented lifestyle has brought results to the Amish community.  They’re well worth a look.

When it comes to surviving hard times, the Amish have sustained their culture and communities in North America for centuries, while relying mostly on themselves. What better example for those of us trying to provide for ourselves and our families in today’s economy?

(Photo courtesy of puliarf)

What lessons do you think we can learn from the Amish community? Share with us in the comments below.

You Might Also Enjoy…

Reasons to be Frugal Besides Saving Money

Stop Hoarding These Ten Items And Let Them Go Already

17 Bills Worth More Than Face Value In Your Wallet

Strange, But True Stuff Worth More Than You Can Imagine



Source link

Tags: AmishCommunityFrugalLessonsMoney
ShareTweetShare
Previous Post

RBL Bank: RBL Bank board to consider fundraising plan on Oct 18

Next Post

IRS Announces Income Brackets and Tax Rates for 2026

Related Posts

Parent to Child: How to Talk About Estate Planning Without the Drama

Parent to Child: How to Talk About Estate Planning Without the Drama

by FeeOnlyNews.com
October 15, 2025
0

Image Source: Shutterstock Few conversations feel more uncomfortable than discussing money, death, or inheritance—but avoiding the topic can leave families...

The Retirement Dating Curve: How Expectations Change After Loss

The Retirement Dating Curve: How Expectations Change After Loss

by FeeOnlyNews.com
October 15, 2025
0

Dating after loss looks different—especially in retirement. For many widowed or divorced seniors, reentering the world of companionship brings a...

Why Medicare Fraud Is Surging—and How to Protect Yourself

Why Medicare Fraud Is Surging—and How to Protect Yourself

by FeeOnlyNews.com
October 15, 2025
0

Image Source: Shutterstock Medicare fraud isn’t new, but it’s becoming more sophisticated—and more costly. Criminals are now using advanced technology,...

What’s behind the retreat in responsible investing?

What’s behind the retreat in responsible investing?

by FeeOnlyNews.com
October 15, 2025
0

The decline in RI usage was driven by fewer new advisors offering RI to clients, the 2025 Advisor RI Insights...

What to do when you get laid off

What to do when you get laid off

by FeeOnlyNews.com
October 15, 2025
0

Statutory vs. common-law severance In every province and territory, there are statutory minimum payments that you are entitled to receive...

Is Aging in Place Really Cheaper Than Moving into a Retirement Community?

Is Aging in Place Really Cheaper Than Moving into a Retirement Community?

by FeeOnlyNews.com
October 14, 2025
0

Image Source: 123rf.com Many older adults dream of “aging in place”—staying in the home they love rather than moving into...

Next Post
IRS Announces Income Brackets and Tax Rates for 2026

IRS Announces Income Brackets and Tax Rates for 2026

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

  • Trending
  • Comments
  • Latest
Bitcoin: Breakout Above 7K Resistance Could Unlock Fresh Upside

Bitcoin: Breakout Above $117K Resistance Could Unlock Fresh Upside

September 19, 2025
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Why Medicare Fraud Is Surging—and How to Protect Yourself

Why Medicare Fraud Is Surging—and How to Protect Yourself

0
JPMorgan Chase’s .5 Trillion Plan to Reinforce U.S. Industry

JPMorgan Chase’s $1.5 Trillion Plan to Reinforce U.S. Industry

0
Can Argentina Recover? Emerging Market Lessons

Can Argentina Recover? Emerging Market Lessons

0
Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

0
Mott’s Applesauce Cups 36-Count just .80 shipped, plus more!

Mott’s Applesauce Cups 36-Count just $5.80 shipped, plus more!

0
Brevis zkVM Cuts Hardware Costs by 50%, Unlocks Home Proving for Ethereum Validators

Brevis zkVM Cuts Hardware Costs by 50%, Unlocks Home Proving for Ethereum Validators

0
Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy

October 16, 2025
Mott’s Applesauce Cups 36-Count just .80 shipped, plus more!

Mott’s Applesauce Cups 36-Count just $5.80 shipped, plus more!

October 16, 2025
JPMorgan finds 93% of women expecting inheritance in wealth transfer have already built financial independence

JPMorgan finds 93% of women expecting inheritance in wealth transfer have already built financial independence

October 16, 2025
Brevis zkVM Cuts Hardware Costs by 50%, Unlocks Home Proving for Ethereum Validators

Brevis zkVM Cuts Hardware Costs by 50%, Unlocks Home Proving for Ethereum Validators

October 16, 2025
ROM Utrecht Region invests in fintech Eyevestor to boost access to capital for local entrepreneurs

ROM Utrecht Region invests in fintech Eyevestor to boost access to capital for local entrepreneurs

October 16, 2025
What Happens If Ethereum Hits 0,000?

What Happens If Ethereum Hits $100,000?

October 16, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Switzerland slashes GDP forecast as Trump’s tariffs weigh on economy
  • Mott’s Applesauce Cups 36-Count just $5.80 shipped, plus more!
  • JPMorgan finds 93% of women expecting inheritance in wealth transfer have already built financial independence
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.