“WISE BUYING” 1950 HOME ECONOMICS FILM SHOPPING, BUDGETING AND MANAGING FINANCES XD11974

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“Wise Buying”, is a 1950 educational film presented by Coronet Instructional Films. It was likely shown in home economics classes, where young women were educated in the fine art of managing a household budget and expenses. In the film a young woman, jealous of others’ shopping habits, learns how to make smart shopping decisions with the support of her Uncle John. Elvin S. Eyster, Ed.D. of Indiana University served as the film’s educational collaborator.
(0:30) A young woman walks into the kitchen and inspects a skirt she just purchased. She looks at the skirt she’s wearing and sees that it’s worn out (1:29) She walks through her neighborhood carrying a package to return and runs into another young female acquaintance (1:47) The young woman returns to her mom preparing food in the kitchen. She puts down the same package angrily and shows her mom her new shoes. She asks her mom for more money to purchase clothing (3:03) Two women stand side by side with their own giant stack of coins to signify how much they spend on clothing (3:27) The young woman talks to her mom as her mom continues preparing vegetables on the counter (3:57) The young woman approaches the front door to a house. She consults with Uncle John at his desk to talk about how to get more for her money (4:42) Uncle John holds out a card that lists “BETTER BUYING QUESTIONS” asking when, where, how, and what kind of buying (5:05) They walk over to a display that says “SEASONAL PRICE CHANGES”. He flips through graphs showing the differences in supply and demand for men’s suits and shirts throughout the year and the price of fruits and vegetables fresh vs. canned (6:03) The card highlights the question “2. WHERE do you buy?” (6:11) A fan with a Store A tag and list of additional store features with a total price of $16.05 (6:18) The same fan from Store B for $14.85 (7:33) Uncle John and the young woman at the grocery store. Uncle John compares a 1 lb. cake for $0.50 vs. 3 lbs. for $1.00 (8:07) Floor wax for sale at 1 pt. or 1 qt. and other canned goods to buy in bulk (8:39) The card highlights “4. WHAT KIND do you buy?” (8:59) Uncle John and the young woman walk through a grocery aisle. The shelves are lined with cans of Quaker Oats as they look at some canned goods (9:22) Two different cans are labeled “Grade A” and “Grade B” (9:37) Store sign states “January Clearance”. The young woman walks with an acquaintance and holds a recent purchase (9:52) Review of the better buying questions. The girls and Uncle John meet in the store to look at the young woman’s new shoes. They walk out of the store together (10:38) The End
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This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD, 2k and 4k. For more information visit www.PeriscopeFilm.com

[@dbozexpat894]

Back in the 1970s, my mother would buy clothes from second-hand stores. After the purchase, she would take the clothes to cleaners and have them dry cleaned. When she returned with the clothes, they looked like they were purchased from a major department store downtown. She was a very smart shopper.

[@AskALibbieist]

I still buy everything second-hand! It’s incredible what you can find for just a few bucks… great quality, rarely or never worn… and usually more unique than what you can find in stores, too! The thrifting apps are so cool-it’s like having a global thrift store.

[@Ctrl-XYZ]

“Uncle John” is the wonderful character actor Jonathan Hole, who was in a number of Coronet films before making a name in television and the movies.

[@chuckrawlings9518]

10:18-"There's no place like Coronet, there's no place like Coronet"

[@riderinsanjose337]

"I knew the brand, and the shoes were well made." Hi. I'm Buster Brown.

[@aussiejubes]

Ive been on a spending spree and im watching videos like this to bring me back to reality 😂 Nothing i didnt know but its good to remind ourselves about quality over quantity these days. Its easy to fall into the consumer trap, wt lesdt every now and then.

[@kc4cvh]

Amazing. In the 1950s, you could buy one shoe at a time.That's real convenience.

[@OofusTwillip]

Sounds like the store let her buy the shoes on credit. So, she must be at least 18, or the contract is invalid.

[@mitchyoung93]

I like how he burns his last hour of the workday talking to his niece on company time.

[@OofusTwillip]

If you want to save money on clothing, learn to sew. If you can make basic repairs and alterations yourself, and can creatively hide stains with appliqués or pockets, you can make your clothes last longer. And if you can make most of your clothes, you can get quality clothes without spending a fortune.

[@barbaraedgley2634]

Up till the 1960s yes, but nowdays material & even thread is super expensive when it comes to making your own. Garage sales,church rummage sales, resale shops offer tons of slightly used clothes & shoes at discount prices.

[@manhoot]

After watching this film I'll certainly "buy" into more quality products.

[@joycejackson9315]

The footage of the grocery store is amazing. Great video. Wise buying works.

[@thewkovacs316]

they need to bring back home ec to high school kids now graduate and know nothing about home finances or how to take care of themselves

[@MoeLarrycurly1]

Exactly 👍

[@mountainjeff]

This could be shown as an University level Economics lesson today.

[@laddybug3]

It is strange. My cousin is in high school, and they still teach home ec. One of the home ec teachers is still there. 19 years ago, I took a few classes. It just not just one whole class. We had to take a finance class, and health class.

[@F.o.s.t.e.r.]

US median income (per census) - ~ $50,000/year, ~ $4,200 a month. The common rule of thumb for buying a home is 30% of monthly income. Right around $1,400. So, that's a house around $200,000, or about half of the price of an average house in the united states. This video only applied to the time before trickle down economics. If you want to buy a house now a days, join a union or make at least 3 friends that you don't mind living with.

[@tallswede80]

wrong, stupid. this is from a time when our money was backed by gold and silver so the government couldn't print money.

[@F.o.s.t.e.r.]

@@tallswede80 you're pretty arrogant for being so incorrect. The gold standard ended in 1933. Most countries in the world run on fiat currencies and they're a more fiscally sound way to run nations in the modern world. Maybe you should do a bit of research before speaking and removing all doubt.

[@tallswede80]

@@F.o.s.t.e.r. "you're pretty arrogant for being so incorrect. " But isn't that the same thing that your mother said to you? The gold standard ended in 1971 by Richard Nixon.

[@F.o.s.t.e.r.]

@@tallswede80 ya, if you didn't live in the United States... In 1933 the the federal government halted all convertibility from notes to gold and centralized the gold stock (the reason the bullion depository was built...in Fort Knox). From 1933 to 1967 convertibility into gold was only allowed for official international business in order to maintain our currencies value in relation to foreign exchange. Between 1967 and 1973, the remnants of the US gold standard related to official international exchange was tapered off until being fully severed in 1976. The reason you, wrongly, believe the gold standard was ended in 1971 by Nixon was because that was when he announced he would no longer use our current rate for foreign exchange. Instead due to the Smithsonian Agreement we changed our foreign exchange rate to $38 per troy ounce. Thus leading to congress to make the Par Value Modification Act. Again, do some research, ya ignorant rube. As far as US housing is concerned, your point is baseless, your logic is flawed, and you should feel bad for expressing it so arrogantly.

[@tallswede80]

@@F.o.s.t.e.r. "your point is baseless, your logic is flawed" Isn't that what your mother said to you? 1965 was when all the dimes, quarters, half dollars, and dollar coins were changed from Silver, to a mixture of copper and nickel. If you can find a dime or quarter dated prior to 1965, it will be made out of silver, and it will be worth many times its face value. If you look at the paper money up until 1965, they were silver certificates, convertible into silver. Our money was literally gold and silver up until 1965. This is what prevented the government from printing money, creating inflation, and driving up the cost of housing.

[@amb-yz9ee]

These are so fascinating.

[@yuzik7932]

Очень красивая девушка! Нисколько не уступает в красоте, самой Мерлин Монро...🤔❤️😊

[@sarahmoviereviewer4109]

Wish we had theses cheep prices now of days

[@RyanTreks]

Well, the hourly wage in 1950 was approx $0.75 (cents) per hour. So the 3 lb cake for $1 would be approximately equal to a $12.35 cake today. I think the cakes don't cost that much these days. Also, the $0.30 (cent) canned item would cost approx $3.71 in today's prices. But a more practical way to look at it is; let's say a person is making $0.75 (cents) per hour. They work for 8 hours. They will make $6 for working 8 hours that day. $6 is good in 1950. A person could buy many things. But as far the canned item....you buy 1 canned item at $0.30 (cents). That is 5% of the days pays spent on that canned item. Let's say a canned item is $1.50 today. If a person is making $15 per hour, that will cost 1.25% of their days pay. Or even if they are making $9 per hour, 1 canned item would cost 2% of the days pay. The math says we are better off today...in some ways.

[@davidmicalizio824]

@@RyanTreks Not so much..

[@albear972]

@@RyanTreks It's sad when ignorant people don't have an idea how inflation works.

[@Ctrl-XYZ]

@@RyanTreks It was 75 cents an hour, not .75 cents. Which would be three-quarters of a cent. Or you could express it as $0.75 an hour.

[@roneastman4457]

Many folks today are on some type of public assistance. With my "good" union job I am very fortunate but it's very tight. Things were much better than both economically and how people treated each other. Anybody who says it's better then is using very fuzzy man. First thing Ronald Reagan did was bust the unions starting with the air traffic controllers. He and the Republican party started the decline in America which still continues today for the working class

[@montyyy08]

I keep expecting to hear the RiffTrax commentary, lol! 👍

[@MrRyomo]

Golly, I guess I shouldn't of had my hair done.

[@Doodlesthegreat]

Elon's dad should have shown him this one.

[@F.o.s.t.e.r.]

It was easier to just give him apartheid jewels.

[@MoeLarrycurly1]

👍👍

[@jayski8987]

Sandy isn’t bad looking for an oldie time chick. She’s probably either dead or in her 70’s now.

[@drewconway7135]

How do you figure? This film was made in 1950. Let’s say she was 15, meaning born in 1935. That would make her about 88 today-well past her 70s.