384-A Sensible Approach to Food Insurance, aka, Home Food Storage (1 of 2)
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 14 October 2016
⏱️ 46 minutes
🧾️ Download transcript
Summary
If you were unable to buy food for your family for the next couple of weeks, would you and your family be well-fed or would you be quite hungry at the end?
Today, we tackle the question of food insurance. In short, I think it's very wise for you to make sure that you always have enough food in your house to feed your family for at least a few weeks, even better a few months, and perhaps even a year or more.
Since you can fit a year's supply of food under a twin bed, there's little reason not to plan ahead and store up some food.
I've divided this topic into two parts. This show (#384) has a bit of the philosophy behind food storage and reasons for you to store up food.
The next show (#385) has the practical advice for how to actually do it.
Enjoy!
Joshua
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Transcript
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| 0:00.0 | I'm going to continue the theme of crisis planning today on radical personal finance |
| 0:06.1 | and we're going to talk about food insurance also known as food storage also known as |
| 0:12.2 | to use simpler, plainer language, the simple concept and idea |
| 0:16.1 | of having a deep reserve of food readily available to you to feed your family for anywhere |
| 0:20.9 | from a few weeks to a few months to perhaps a year or more. |
| 0:24.0 | I had a lot of good feedback on the recent hurricane show and many of you said you |
| 0:28.8 | appreciated some of the practical tactical tips that I gave that was very helpful to you in preparing for the recent Hurricane Matthew |
| 0:35.7 | So we're going to continue that theme today with a discussion on a sensible approach to food insurance. Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, skills, insight and encouragement |
| 1:04.8 | you need to live a rich and meaningful life now while building a plan for financial freedom |
| 1:09.5 | in 10 years or less, and while also building and maintaining a plan for financial security all along |
| 1:17.0 | the way. |
| 1:18.0 | My name is Josh Wishitz and I'm your host. |
| 1:20.7 | This will be fun, philosophical and tactical. |
| 1:24.0 | The first half of today's show will be largely centered on a little bit of philosophy, a little bit of background, |
| 1:36.0 | some discussion of the philosophy behind crisis planning, crisis preparedness, |
| 1:41.0 | and the reasons why we can harvest some of the emotions |
| 1:44.1 | that many of you are feeling right now to and we can use those things for positive |
| 1:48.4 | good. The second half of this show will be very very practical very very |
| 1:52.0 | tactical and it will feature me just going to be giving you will be very practical, very tactical, |
| 1:53.0 | and it will feature me just going to be giving you |
| 1:55.0 | some specific advice from my experience |
| 1:57.6 | and from my own study that I think will be very helpful to you. |
... |
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