There is a wise old saying " Eat it up, wear it out, make it do, or do without". Thrift is a practice of not wasting anything. Some people are able to get by because of the absence of expense. They have their shoes resoled, they patch, they mend, they sew, and they save money. They avoid installment buying, and make purchases only after saving enough to pay cash, thus avoiding interest charges.
~~~~ President James E. Faust
This quote is meant to give us an opportunity to reflect on how we are doing as we work to develop a "thrifty" attitude. Those of you who know anyone who was growing up during the Great Depression in America will agree that as a whole, that generation lives this quote. They grew to understand the importance of us making everything last. We can learn a lot from individuals who have adopted this attitude.
Good memories in life are not made of "stuff." They come from the experiences we've had and the people we have grown to love.