How the Amish Are Smarter With Money Than You (And They Don’t Even Have Wi-Fi)
How the Amish Mastered Saving
The Amish are practically financial gurus without the fancy titles. While most Americans save around six percent of their income, the community saves 20 percent. Yep, that’s right—20! These guys aren’t messing around when it comes to their savings. They’re so good at it that they’ve turned frugality into art.
Take Amos, a farmer from Pennsylvania, for example. He managed to save $400k over 20 years, all while raising 14 kids and renting a farm for just $1,800 a month. There’s something to be said for simplicity and intelligent saving. It’s time to rethink how much we’re stashing away each month.
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