Перейти к содержимому

20 Forgotten Money Habits That Made Southern Farm Families Richer Than They Looked

Money Almanac

0:00 / 0:00

20 Forgotten Money Habits That Made Southern Farm Families Richer Than They Looked

169 просмотров · 9 дней назад
Money Almanac
35 подписчиков
169 просмотров · 9 дней назад
In 1931, a tenant farmer outside Macon, Georgia walked to the courthouse and paid the last three dollars on forty acres of red clay nobody else wanted. By the time he was buried, that ground — and the pine standing on it — was worth more than the doctor's house in town, and it never carried a mortgage again. His neighbors thought he was the poorest man on the road. These are 20 forgotten money habits that made Southern farm families quietly wealthy while the whole country was taught to pity them — not with banks or brokers, but with land, syrup, seed, and a circle of neighbors who paid each other first. Poor on paper, and holding assets most of their "richer" neighbors were only renting. Every one of them still pays today. We count all 20 down with the real then-and-now math behind each — from the cane mill and the mule trade to the community cannery you can start this season, the hunting lease that pays landowners just to leave the woods alone, the gravel under a "worthless" field that mails a check every month, and the one piece of paper underneath all of it. And we keep a running tally the whole way down, so you can see exactly what these "poor" families were really sitting on by number one. Number 8 you can start this weekend with five people you trust — and number 1 still turns a poor-looking family into a rich one, three generations later. Which of these did your family once do... and which one do you wish you'd learned 20 years earlier? Tell us down below. ▶ Subscribe to Money Almanac for more forgotten ways everyday Americans built and kept real wealth that still pays today. — This video is for education and general information only and is not financial advice. Stories are illustrative composites of real historical money practices; figures are rounded estimates. Some archival-style visuals are AI-assisted recreations. Do your own research and consult a professional before making financial decisions.