Amish People Use These Clever Tricks To Save Money

Drive through the heart of Pennsylvania and you'll see one of the United States' most reclusive and mysterious communities — the Amish. Maybe you only know them for wearing bonnets and raising barns, but the Amish have a few financial tricks that might be of use to you. Because they don't wear designer shoes, drive convertibles, or use smartphones, you might underestimate how much money these traditionalists might have. Taking a page out of the Amish handbook could seriously benefit your bank account...

1. Steep Savings

Most people in the United States manage to save just 6% of their income, but Amish people set aside at least 20%, talk about thrifty! An Amish man once said he's "happy to get a little richer every day from interest accrued on savings."

2. House, Farm, and Trampoline

One man managed to save up a whopping $400,000 in the bank in 20 years, despite renting a farm and raising 14 children. With those savings, he could finally buy his own farm and a trampoline for the kids.

3. Quality Products

Similarly, the Amish do their best to make sure they're getting good-quality items at a fair price. They like to get things that stand the test of time but without getting fooled by advertisements or unfair price tags.

4. Affordable Amusements

But that doesn't mean they don't spend money on fun times! Most enjoy hunting trips, for example, and they often buy books, games, and other amusement items. Still, these are luxury expenses and therefore, not the higher priority.