In an era of speedy technological advancement and ever-changing microtrends, it’s easy to dismiss the wisdom of our elders as obsolete and out of touch. After all, they grew up in a world without smartphones, social media, and instant gratification, so what do they know? However, their values and life lessons were often rooted in timeless principles that still hold true today.
While we might be quick to brush off their advice on saving money or the importance of family dinners, perhaps there’s more to their words than we first thought. Maybe their seemingly old-fashioned ideas have something valuable to teach us about living a fulfilling and meaningful life.
Here is a closer look at 15 things our elders were right about, and most of us can agree that they all hold true today more than ever. Prepare to challenge some of your assumptions and gain a newfound appreciation for the wisdom of those who came before us.
1. Owning Your Home
In a world of rising rent prices and unstable housing markets, the idea of owning a home might seem like a distant dream. However, our elders understood the value of having a place to call your own. Not only does homeownership provide a sense of security and stability, but it also allows you to build equity and create a lasting legacy for your family.
According to the National Association of Realtors, homeowners have an average net worth that is about 40 times higher than that of renters. While the path to homeownership may be challenging, the long-term benefits make it a worthwhile investment.
2. Saving for a Rainy Day
The concept of saving for a rainy day might seem like common sense, but in today’s consumer-driven society, it’s easy to get caught up in the cycle of spending. Our elders, however, understood the importance of having a financial safety net.
Unexpected expenses, job loss, or medical emergencies can quickly derail your finances if you’re not prepared. Having an emergency fund can provide peace of mind and prevent you from falling into debt when life throws you a curveball.
3. Investing in Real Estate
While the stock market might offer the potential for quick gains, our elders often favored the stability and long-term appreciation of real estate. They viewed property as a tangible asset that could provide a steady income stream and hedge against inflation.
According to a report by the National Association of Realtors, the median home price in the United States has steadily increased over the past few decades. This is good news for potential homeowners, as their investment will continue to increase in value.
4. Having a Strong Network
In today’s digital age, it’s easy to rely on social media and online connections. However, our elders recognized the importance of building strong, real-world relationships. They understood that genuine connections can open doors to new opportunities, provide support during challenging times, and enrich our lives in countless ways.
Studies find that individuals with strong social networks tend to be happier, healthier, and more successful than those who are isolated. Nurturing meaningful relationships can provide a sense of belonging, support our mental well-being, and open doors to personal and professional growth.
5. Prioritizing Quality Over Quantity
In a world of fast fashion and disposable goods, it’s easy to prioritize quantity over quality. Our elders, however, valued well-made items that would last for years, even decades. They understood that investing in quality often meant saving money in the long run and reducing waste.
Whether it’s clothing, furniture, or appliances, choosing quality over quantity can lead to a more sustainable and fulfilling lifestyle. By investing in items that are built to last, we can reduce our environmental impact and surround ourselves with belongings that bring us joy and satisfaction.
6. Buying Used (When Possible)
Our elders were no strangers to thrifting and buying used items. They understood that many used items are still in good condition and can be purchased for a fraction of the price of new ones. This not only saves money but also reduces waste and supports a more sustainable economy.
With the rise of online marketplaces and secondhand stores, it’s easier than ever to find quality used items. From clothing and furniture to electronics and books, there’s a thriving market for pre-loved goods that can save you money and help the environment.
7. Learning to Cook
Cooking at home is a valuable skill that can save you money, improve your health, and bring joy to your life. While it can be tempting to rely on takeout or pre-packaged meals, preparing your own food allows you to control the ingredients and customize flavors.
Research has shown that people who cook at home tend to eat healthier and consume fewer calories than those who eat out frequently. Plus, cooking can be a fun and relaxing activity that brings people together.
8. Having Hobbies
Hobbies are more than just a way to pass the time. They can enrich your life, reduce stress, and provide a sense of accomplishment. Whether it’s gardening, painting, playing a musical instrument, or learning a new language, pursuing your passions can bring joy and fulfillment.
Studies find that individuals who engage in leisure activities have lower levels of stress and inflammation, which are linked to a variety of health problems. So, make time for your hobbies, even if it’s just for a few minutes each day.
9. Eating Together as a Family
In today’s fast-paced world, it can be difficult to find time for family meals. However, sharing meals is an important tradition that can strengthen bonds, improve communication, and promote healthy eating habits.
A study published in the Journal of Pediatrics found a direct correlation between the frequency of shared family meals in adolescence and reduced odds of obesity or weight issues 10 years later. Make an effort to prioritize family meals, even if it’s just a few times a week.
10. Taking Care of Your Belongings
Taking care of your belongings is a simple yet important way to save money and reduce waste. By properly maintaining your possessions, you can extend their lifespan and avoid the need for costly replacements.
Whether it’s regularly changing the oil in your car, cleaning your gutters, or patching a hole in your clothes, taking care of what you own is a responsible and sustainable practice. It’s also a way to show respect for your hard-earned money and the environment.
11. Spending Time in Nature
In our increasingly urbanized world, it’s easy to forget the restorative power of nature. Spending time outdoors has been shown to have numerous benefits for both physical and mental health. It can reduce stress, improve mood, boost creativity, and enhance cognitive function.
Studies suggest that spending just 20 minutes in nature can significantly lower stress hormone levels. So, make time to get outside, whether it’s for a walk in the park, a hike in the woods, or simply sitting in your backyard and enjoying the fresh air.
12. Traveling and Exploring New Places
Traveling and exploring new places can broaden your horizons, introduce you to new cultures, and create lasting memories. It can challenge your assumptions, expand your worldview, and provide a sense of adventure.
Research has shown that travel can improve creativity, reduce stress, and increase overall happiness. While it can be expensive, there are ways to travel on a budget, such as camping, road trips, or volunteering abroad.
13. Giving Back to Your Community
Volunteering your time and resources to help others is a rewarding way to give back to your community and make a positive impact. Whether it’s mentoring a young person, serving meals at a homeless shelter, or participating in a community clean-up, giving back can bring a sense of purpose and fulfillment.
Studies find that individuals who volunteer regularly tend to be happier, healthier, and more satisfied with their lives. So, find a cause you care about and get involved. Your community will thank you.
14. Reading Books
Reading books is a timeless pastime that can expand your knowledge, improve your vocabulary, and enhance your critical thinking skills. It can transport you to different worlds, introduce you to new ideas, and provide a much-needed escape from the stresses of daily life.
A study published in the Annual Review of Psychology found that reading literary fiction can improve empathy and social skills. So, make time for reading, no matter what type of material you prefer.
15. Saying “Please” and “Thank You”
Good manners never go out of style. Saying “please” and “thank you” are simple gestures that can go a long way in showing respect and appreciation. They can improve communication, build rapport, and foster positive relationships.
Research has shown that expressing gratitude can increase happiness, improve relationships, and even boost physical health. Make a conscious effort to say “please” and “thank you” in your daily interactions. It’s a small thing that can make a big difference.
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With an honors degree in financial engineering, Omega Ukama deeply understands finance. Before pursuing journalism, he honed his skills at a private equity firm, giving him invaluable real-world experience. This combination of financial literacy and journalistic flair allows him to translate complex financial matters into clear and concise insights for his readers.
