Home BUDGET FOOD STORAGE: BUDGET

FOOD STORAGE: BUDGET

by A to Z for Moms Like Me

No matter what stage of life you’re at, if you have a large savings or live paycheck to paycheck there’s a few things you can keep in mind when budgeting for a food storage.

Where to start

There are 4 ways to budget for food storage:

  1. The first way is to plan and set aside a certain percentage of your income specifically for food storage. Just like you would for savings or tithes, allocate a percentage each check for food storage, put the money in an envelope, separate account or place so you know that money is used for food storage.
  2. Have a set amount each month devoted to food storage. Pull that amount out of your account and purchase your food storage with it.
  3. Purchase your food storage little by little with each grocery trip.
  4. Make a once a year bulk purchase (such as when you get your tax return or other yearly large payment)

Of the 4 of these, my preference is number 3. The reason is that when you do your normal grocery shopping you are not very likely to notice a $10-20 difference in the total, but by buying 10 cans of green beans instead of the needed 2 etc. will add up in your cupboards! I also budget a set amount of the monthly groceries budget to food storage when my local stores are having a case-lot sale. Those only happen ever 3-4 months so it’s a good time to stock up.

#1- Set aside a percentage

With this type of budgeting you set aside a percentage of your income just as you would for savings, tithes, etc. This percentage is earmarked for food storage specifically.

I recommend withdrawing the money and keeping it in a bank envelope so it doesn’t get mistaken for other purchases. You can also keep all your receipts in the envelope as well if you like. You can get a zipper bank envelope free from your bank, just ask them for one.

#2- A set amount each month

With this type of budgeting you allocate a set amount each month and set that amount aside each month to spend on food storage. I recommend that people plan on spending at least $25/month if at all possible, $100 is even better, but it also depends on the size of your family and your income.

The more you are able to allocate towards food storage each month the faster you will build a good supply for your family. One good way to utilize this option is by signing up for a monthly auto shipment. For example, Thrive Life freeze dried foods has a monthly auto-shipment option where you get a 15% discount and free shipping when your order is over $100.

This is a great way to set a monthly budget and customize the foods you want sent to you each month. You’ll be building your food storage with a set budget each month and saving money doing it!

To set up a monthly auto shipment with Thrive Life go to: www.what8ate.thrivelife.com

#3- Purchase Little by Little

This is my preferred way of building a food storage because a few extra items purchased each shopping trip will most likely go unnoticed in the food budget, but will add up in your cupboards!

This is another reason I recommend meal planning 10 meals per week instead of 7. That way at the end of the week you will have the ingredients for 3 extra meals. You can either use them as nice lunches on Saturday & Sunday, or you can add those ingredients to build up your food storage!

When you need 2 cans of something, buy 4 or 5 instead. Place the additional cans in your food storage area and over time it will accumulate.

#4 Once a year bulk purchase

This type of budgeting is somewhat a gamble and I’ll tell you why- first of all you may be in need of the food storage items before your scheduled purchase, and secondly, doing a large purchase like this at once can be a hard pill to swallow so the longer you know exactly what you’re purchasing and exactly how much it will cost the easier it will be.

If you are planning this kind of budget for your food storage do all your research before hand on the best deals, products you will use, etc. so you will be ready to go once you have the money.

Choose & Make a Plan

Now that you know about the 4 different ways to budget for food storage, choose which one fits your family best. (you can always do more than one)Depending on which you choose it’s a good idea to make the goal and be prepared.

#1- Choose the percentage, where you’re going to keep it (envelope, bank account, etc.)

#2- Choose what the set monthly amount will be and where to keep it.

#3- Make a mental game plan of the items you will purchase extra of. Food cans, make sure you have room to store them, for meats make sure you have freezer room, etc.

#4- Choose when you are going to do your bulk purchase, how much you will spend, where you will put everything, and how you’re going to transport it home.

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