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Why are the people from the silent generation so stingy with their money? Is it because of the Depression??

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Possibly because when you're 75 to 95, you likely won't be earning any more money.

Possibly because they lived through wars, depression, and epidemics and know what a lot of the world is learning right now - when you cash that paycheck, you do NOT know when you'll get the next one.

Possibly because they'd rather leave it to others in their will so they won't have to watch how it gets spent

Possibly because when they earned it, a dollar had much more significance.

And maybe, just because it's their money.