385-A Sensible Approach to Food Insurance, aka, Home Food Storage (2 of 2)
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 14 October 2016
⏱️ 31 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 with a discussion of practical steps to take to build your own reserves.
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.
But, it's tough to know how to do this.
I've divided this topic into two parts. The first show (#384) had a bit of the philosophy behind food storage and reasons for you to store up food.
Today's show (#385) has the practical advice for how to actually do it.
Enjoy!
Joshua
- Wendy DeWitt's Sensible Food Storage Seminar:
- PDFs of Wendy's handouts:
- These are the notes from Wendy's seminar: http://traffic.libsyn.com/radicalpersonalfinance/Everything_Under_the_Sun_by_Wendy_DeWitt.pdf
- These are Wendy's personal recipes for her own food storage: http://traffic.libsyn.com/radicalpersonalfinance/Everything_Made_Simple_by_Wendy_DeWitt.pdf
- Support me on Patreon: www.radicalpersonalfinance.com/patron
- Book a consulting phone call with me: www.radicalpersonalfinance.com/phonecall
Transcript
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| 0:00.0 | This episode is brought to you by Deliverer because anything goes this Christmas. |
| 0:06.0 | Yes, even sprouts on a pizza or gravy on sushi. |
| 0:10.0 | The rules are, there are no rules. Have a cantonese on Christmas Eve or a |
| 0:15.2 | Balty on boxing day and when you're so over the leftovers bring on the ramen |
| 0:20.2 | from big brands to local favorites this Christmas. It's all on your doorstep with |
| 0:25.0 | deliver room. Geographical restrictions, T's and C, service and delivery fees apply. |
| 0:30.3 | In the previous episode of Radical Personal Finance I gave you the rationale and philosophy and |
| 0:37.6 | reasons behind why I think you should establish for yourself a food insurance policy which is simply |
| 0:45.5 | defined as setting aside a substantial amount of food so that without |
| 0:50.1 | external resources you could feed your family for anywhere from a few weeks to a |
| 0:55.8 | few months to a year or more if you would like to go that hardcore. |
| 1:01.1 | In today's episode, I give you the practical approach, some practical ideas of actually |
| 1:07.2 | tactically, practically how to do this. Most of us when we go shopping, we're accustomed to simply buying what we need because it stands out to us on shelves. That's how most people shop for food. Perhaps you've come past that to a higher level, which is to look and shop based upon what you need for a recipe or a few recipes. |
| 1:29.0 | That way you're taking more of a planned approach. |
| 1:32.0 | Perhaps you've reached the point of expertise |
| 1:34.4 | with your personal grocery getting |
| 1:37.4 | that you've been able to set aside |
| 1:40.3 | and plan for a meal plan for a week |
| 1:42.2 | or a couple of weeks or perhaps even a month |
| 1:43.9 | maybe you practice once a month cooking which is I admire I don't do it but I admire |
| 1:49.3 | it I think it's would be very useful if I were in a different situation I think I would. |
| 1:54.0 | So at every stage you have to learn new skills. |
... |
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