Dennis Peterson: Makin' Do
Our American Stories
iHeartPodcasts
4.6 • 817 Ratings
🗓️ 20 October 2023
⏱️ 11 minutes
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Summary
On this episode of Our American Stories, Dennis Peterson's father had an interesting way of saving money. He called it 'Makin' Do'. Dennis tells the story.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:14.1 | And we return to our American stories. |
| 0:17.6 | Up next, a story from our regular contributor, Dennis Peterson. Today, Dennis shares with us |
| 0:22.6 | the story of something his father did called Make and Do. Here's Dennis. |
| 0:31.6 | It surely had something to do with his having grown up on a farm and during the Great Depression, |
| 0:40.0 | but Daddy expressed few desires for things, and he seldom made impulse purchases. |
| 0:46.9 | He bought only what he needed. |
| 0:49.1 | If he needed it but couldn't buy it, he made it, or did without. |
| 0:56.9 | He was always looking for the better deal on what few things he did buy. Daddy hated debt. He had built his own house on his own land. |
| 1:08.5 | The only debt he incurred was for the drilling of a well on his property, |
| 1:13.2 | something that he was unable to do himself. He paid his brother-in-law, my uncle Dylan, |
| 1:19.8 | $10 a month until the total was paid off, and he never owed anyone a dime after that. Rather, Daddy saved money. Actually, it was probably |
| 1:30.9 | mother who saved it, but Daddy certainly was behind her efforts, never fighting against her on it. |
| 1:39.7 | I recall that every time the Knoxville News Sentinel raised its subscription rate, |
| 1:45.1 | Daddy threatened to stop the paper. |
| 1:47.3 | But mother always found some way to trim the household budget, |
| 1:51.5 | usually through getting better buys on her grocery purchases, |
| 1:55.2 | and saved enough to pay the higher rate and keep getting the paper. |
| 1:59.8 | For years, home delivery of the seven-day |
| 2:02.0 | subscription was only 50 cents a week. But if Daddy needed something, he saved for it, not making |
| 2:09.5 | the purchase until he had the cash in hand to pay for it. That's what he did when buying a car |
| 2:15.7 | or a truck. He saved and saved over a long time. Then, when he |
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