Food Storage and Money Savings!

We are often asked the question … “Why do you store food?” We have gotten a lot of great email testimonials lately about how food storage has helped families who have been struggling financially in these tough economic times. Last year we wrote an article about how food storage can help with your finances and since a lot of you are new readers, we thought that we would republish it in case you have missed it.

In light of the current economic situation, we wanted to share with you some ideas on how having your food storage in place can help you financially in both the short term and long term.

Short Term Food Storage
Your short term food storage consists of getting a 3 month supply of foods that you eat on a day to day basis. Once you have this in place you can start to grocery shop from your food storage and only replenish those items when they go on sale and/or you have coupons. This will actually reduce your grocery budget as you will only buy things that are deeply discounted. But those few dollars a month will not mean as much to you as the food will if you have a short term 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 every day 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. These are items such as wheat, white rice, dried beans, powdered milk, etc. 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 get brave enough to start using your long term food storage items in your everyday cooking, you can also save some money in the short term. Homemade bread is significantly cheaper than store-bought, especially if you grind your own wheat. Making other items from scratch such as muffins, pancakes, etc. can also save you money over buying packaged items.

In times of economic trouble you can rely on your food storage for long periods of time while other people are begrudging the high prices of rice and wheat. Prices will most likely come down before you deplete your stores. Lastly, 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 with basic food and water for quite some time.