Buy socks...

Thank you to all who decided to take the quiz yesterday and shared their results. Many found the results to be fairly accurate. If you haven't taken the quiz yet, please do so, and share your results.

The economic news today is not shocking, but it has the DOW taking a tumble at the moment. The GDP numbers are in for the 4th quarter of 2008, and they are showing a contraction larger than the economist had figured. It looks like the government may be owning up to 36% of Citibank as well.

I mentioned a few days ago that I would be delving into practical suggestions for dealing with a recession or even a depression. If you read any article on the Internet on this topic, you can boil down your recession/depression proofing preparations into three areas: pay off debt, save what you can and stock-up on what you will need. Furthermore, stockpiling or having a reserve of goods and raw materials can be broken down into these categories: food, personal hygiene and clothing. Yes, some of you might have other categories, but these are mine.

Clothing is the area that I would like to focus on today. I had not thought about stockpiling clothing, but as I read more and more articles from survivors of the Great Depression, I discovered a couple of things. Shoes and socks or stockings were a very needed and often expensive item during the Depression era. I read many stories of people using cardboard inside their shoes to extend their wearability. Socks are another item that wear out quickly. I don't know about you, but I do not know how to darn a sock. I don't even have a darning needle. So, I am planning to pick up some extra bags of socks and underwear for the members of my family. I think this is just smart.

Sewing skills would be beneficial in leaner times. It seems that women and men who could sew did all right with their clothing needs. I have a lot of fabric that I intended to used for different clothing items. I never got those garments made, but I still have the cloth to use for whatever I might need. Learn how to sew a pair of pajama pants. Teach your children these skills as well so that they can help. Right now, clothing is very inexpensive, but this might not always be the case. A devalued dollar will make even a six pack of socks unattainable for many.

Every family must make their own decisions on how to wisely spend the resources that they are given. I hope that this gives you some food for thought today.

Gamma Seal Lids...

After my first post about stocking the pantry, a dear visitor whose blog is Gullett Circus, stopped by and asked a question about gamma seal lids. She asked if I recommend this kind of lid. I must say that I wholeheartedly do recommend them. After years of struggling to remove the lids from my containers to refill sugar canisters or to access wheat berries, I found these lids. They are airtight yet easy for me to remove. I can even have my 12 year old daughter refill canisters.



The lids come in two pieces as shown below. The ring fits semi-permanently on the bucket, and the lid screws onto the ring. They are so easy to get on and off yet they keep food very well. I find them to be an investment that was well worth the money.



There are many online retailers that sell the gamma seal lids. I purchased mine from Bread Becker's.

Back in the Pantry

I have spent the better part of the last day, when not preparing Christmas gifts, reading up on a man named Gerald Celente. Gerald Celente is the CEO of trends research Institute, and he apparently has an amazingly accurate record on predicting economic events. Yesterday, this article came to my attention, Revolution, food roits, in America by 2012. It sounded a bit sensationalist. After reading the article I felt that it was the most doom and gloomy article I have read. However, I think he could be right.

That brings us back to the pantry. A friend sent me a link a few weeks back to a list of 100 Things That Will Disappear. I am not exactly sure where they will disappear from as many of these items would not be purchased at a Wal-Mart Superstore. Interspersed in the article are many suggestions for pantry items. Here is a summary list:

Honey/syrups/sugars
Beans/rice/wheat

Vegetable oil

Vitamins

Milk-powdered and condensed

Tuna fish

Garlic, spices, vinegar, and baking supplies

Flours/yeast/salt

Canned fruits, vegetables, soups and stews

Soysauce/gravies/boullion

Graham crackers/saltines/ pretzels/popcorn

Peanut butter/nuts

Chocolate/cocoa

Tea/coffee

Gum/candy

Where should someone start with a list like this. I started about 5 years ago with one 5 gallon bucket in a double wide mobile home with no basement, no attic, and no garage. I saved food where ever I could. Thankfully my kitchen was good size with ample cupboards which made up in some small part for what it lacked.

We have moved since then and my "pantry" has grown to a good part of my basement. I took some more recent pictures of my stock.

It is important to plan part of your grocery shopping budget for stocking up on something. I bought those cans of tomoto puree over a six week period earlier this fall. I think I bought 4 cans at a time. Now I have about 20 tomato puree and about 10 cans of crushed tomatoes. I also plan to buy one bulk item of plastic forks, knifes, spoons, styrofoam plates, bowls, plastic cups per month. I buy these at Sam's Club. So, I want to encourage you to start small, but plan to buy something extra this week at the grocery store.

Stocking the pantry...

Yesterday the headline of Yahoo finance said, "Half-million jobs vanish as economy deteriorates."

The article went on to say, "A record one in 10 American homeowners with a mortgage was either at least a month behind on payments or in foreclosure at the end of September, the Mortgage Bankers Association reported."

This caused my dear friend, Ranae and I to continue our on-going discussion about the economy and being prepared by stocking up on pantry and personal hygiene items. One point that came up in our discussion was where to start if you haven't prepared in either of these areas. Should you begin pantry storage or linen closet storage. My thought is that even though cleanliness is next to godliness food is my priorety. For several years now, I have been storing white flour, rolled oats, quick oats, Prairie Gold wheat berries, evaporated cane juice crystals and Sucanat. I store them in 5-6 gallon buckets in my basement. Each bucket has a gamma seal lid except for the Sucanat. The Sucanat is stored in an airtight pet food container that was never used for pet food. I buy 50-100# of each of these items at a time. Typically I can buy 100# of wheat berries and flour but only 50# of oats and sugars. When my supply gets low, I buy more. Typically, I do not have to replace them all at once. This helps the pocket book.

Here is a look at the buckets.

I also have two chrome storage shelves in the basement for canned goods, condiments, and other food stuffs.

Last year I canned a lot more than I did this year. This year we had too much water, and my garden was flooded twice during the season. I did not can tomatoes, but for about 6 weeks this fall I bought 4-6 cans of crushed tomatoes and tomato puree when the local grocery store had them on sale for $0.69 per 28 ounce can. I worked my way up to about 30 cans. I do this for many things that the store puts on sale.

I don't think stocking up means you have to blow your grocery budget. For me I just have to pay attention and match my need to the sales.

I am not very well stocked up in my linen closet. That is going to be the next area I tackle. Also, I would really like a 4-6 month supply of cat food, but I haven't gotten that far.

On a final note, I also refilled prescriptions today even though I do not need a refill right now. I want to have prescriptions on hand in the event that my husband would lose his job, and we didn't have insurance. It would help for a while.