Although we shouldn’t be fearful of rising food prices, it’s important to be aware of current events. Between the COVID-19 pandemic and the war in Ukraine, food prices have been increasing at historic rates.
The United States is very unlikely to experience a food shortage. However, if you’re currently living through financial insecurity, you may need to prepare for expensive food prices.
What Causes Food Shortage?
Several factors contribute to food shortages. Increased food prices, natural disasters, and supply chain disruptions could lead to empty grocery shelves. The COVID-19 pandemic already introduced us to some of these obstacles, but it’s important to be aware of future food shortages.
Preparing for increasing food prices is being mindful of safety risks to your family. Granted, we should emphasize the difference between being fearful and aware. However, you don’t have to go overboard. Create a healthy, balanced plan that helps you prepare realistically while being aware of your current budget.
Identify Potential Risks Around Your Area
Do you live in an area prone to severe natural disasters like hurricanes, earthquakes, or wildfires? Natural disasters can happen quickly with very little warning, meaning it’s important to be prepared with at least three days worth of food and water. Consider keeping an eye on current events to find out if rising food prices could be. This can help you prepare accordingly and stock up on a realistic food inventory.
Stock up on Inexpensive Items First
To prepare for a food shortage on a budget, stock up on cheap items before anything else. Nutritious foods like legumes and grains are typically inexpensive with a long shelf life. Try to be selective about your products, forgoing cans and investing in bags to stretch their shelf life further.
Food products like oats, rice, and beans are all very filling and budget-friendly. Consider buying oats in bulk since they can be made into several kinds of meals.
Purchase Non-Perishables on Sale
If food prices are about to increase, take advantage of any sales. To find out if any of your local grocery stores are offering sales for their foods, keep an eye out for signs, flyers, or advertisements.
If you can find non-perishable items, that’s even better. Try to invest in products that your entire family will eat and enjoy.
Buy Meat in Bulk
There’s no denying that meat can be expensive, meaning it may be more strategic to purchase these food products in bulk. To help the meat last longer, take full advantage of your freezer.
Stock it up by purchasing whole meats like pork loin, chicken, and roast. Proceed to slice the fresh pork loin into chops, cube the roast, and cut up the chicken before placing it in the freezer.
Finally, these tips for preparing for food shortages will help you save some money and plan better. Here are some tips for raising a family on a budget.
