Why Food Storage Should Be Part of Your Financial Plan

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Have you ever been out of work for a week, a month, even longer? Do you wish you could buy foods ONLY when they are on sale and with coupons? Do you wish you had a stockpile of grains now that the prices are getting so high?

I have a great solution to this very issue, stock up on a year’s supply of food storage! I’m a big Dave Ramsey fan, and food storage to me is similar to his concept of an ”emergency fund”. You have a smaller, short term food storage and once that is built up, you start working on your long term food storage. Having both short and long term food storage can be a real financial blessing to your family.

Short Term Food Storage

Your short term food storage consists of getting a three month supply of foods that you eat on a day to day basis. If you get your entire three month supply put together, all of those foods will tide you over until you can repurchase them at rock-bottom prices. This is a great strategy for lowering your monthly grocery expenditures since you can buy most of your items at huge discounts . On top of saving a little bit on your grocery bill each month, you can also have the satisfaction of knowing that the food will be there in case of an emergency. For example, my husband took a pay cut for several months and we were able to spend less than HALF of our usual grocery budget for those months because we had stockpiled so much of our everyday foods.

Long Term Food Storage

Your long term food storage consists of getting a year’s supply worth of life-sustaining foods that have a long shelf-life. You probably won’t be rotating through this food as much since it will be items such as wheat, white rice, dried beans, powdered milk, etc. But since the shelf life is so long you can gradually purchase the items when they are on sale and work up to a year’s supply. If you only have to replace some things after 10, 15, 20 years it will not be a huge damper on your monthly budget. Long term food storage items can also be used in your regular cooking which will help you to also save money in the short term.

Homemade bread is significantly cheaper than store-bought, especially if you own a wheat grinder and grind your own wheat. Making other items from scratch such as muffins, pancakes, etc. can also save you money over buying packaged items. When the economy is in turmoil and food prices start to skyrocket, you can be happily living off your stored foods while other people are struggling to adjust their budgets to match the higher prices. Prices will most likely come down before you deplete your stores. And finally if a major disaster, economic melt-down, or other long-term emergency were to occur, you can feel confident that your family will be able to survive without purchasing basic food or water for quite some time.

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