Personal Finance 101: Home Food Storage

One of the personal finance issues seen with increasing frequency lately is that of food prices inflation. Another concern that may have you wondering about the state of your finances, and your level of emergency preparedness is related to the recent disasters that seem to be all over the news. There is a way that you can reduce the effects of inflation while, at the same time, preparing yourself for disaster. Building up your home food storage can be a good way to have food readily available — and at today’s prices rather than tomorrow’s.

Home Food Storage Basics

Creating home food storage is a good way to prepare for the future. It can protect you, to some degree, against a sudden change in financial situation, and it allows you to have access to food at times when disaster makes it difficult to get to the store. Here are a two important things to keep in mind as you build up your home food storage:

  1. Store food appropriately: Find out how to store the food appropriately. Properly stored wheat, for example, can last decades. Most food storage should be kept in a cool, dry place, away from a great deal of light. You can can your own fruits and vegetables for storage as well as buying it.
  2. Rotate your food supply: You will need to rotate your food supply. This means that you should store things you will actually eat. Create meals using food that is ready to expire, and replace it on your next shopping trip. Once you get into a rhythm, it will be a little easier to rotate your supply.

Building Your Food Storage

Building your home food storage doesn’t need to be expensive. You can start small. Figure out your goal for storing food. Do you want a month’s supply? Six months? A full year? Find out what you need to reach your food storage goal. Then, create a list that will help you build up food storage over time. Buy a few items each week at the store, rather than trying to buy them all at once. You will better afford it if you buy an extra bag of flour one week, and a package of banana slices the next week.

You can also look for case lot sales. Many grocery stores offer these sales twice a year. You can buy canned goods in cases of 24 at a lower price. Check for these sales, and then get food storage items that you need as the sales arise. Building your home food storage gradually will ensure that you are prepared for the future while allowing you to stay on budget.