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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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Who is the "silent generation" and what do you mean by being stingey with their money?
CountScrofula · 41-45, M
@BizSuitStacy It's hte term used for the generation that predates the baby boomers. People born in the late 1920s to early 1940s.
@CountScrofula Thanks.