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Author Topic: How to save as food inflation jumps more than 11% in a year  (Read 833 times)
blue_hurricanger
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October 11, 2022, 09:46:10 AM
 #61

Food inflation jumps mean less purchase power on soft drinks, beverages, snacks, or anything like that. People will cut down on unnecessary meals to favor the main meal, 3 per day instead some snacks between them. Same with the foods that are typically used in fine dining restaurants and such will take a drop in the consumption rate. Mainly because people will cheap out and go to restaurants less and less since they can't afford it, coupled with the inflation, and high energy cost,...
More will cook and eat at home to save their money. The service industry will take the hit, business will get slower.
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October 17, 2022, 10:02:39 AM
 #62

Great tips. And I am actually doing them all. Another thing we did at home is we plant some manageable kinds of stuff like vegetables and fruits in front and at the back of our house. And I live in a small lot only with like 15 to 20 square meters of space. It first started when I stopped my plan to make a terrace in front of our house due to these hard times. One time while eating a sweet watermelon, I threw its seeds in front of our house. I didn't expect for it to grow up so we take care of it. To make it short, we harvested 9 big sweet watermelons before the plant died. Because of that incident, we already planted pumpkins, bitter gourds, chili plants, and many more that are not demanding of space.

Yes, I like the tips in this thread too. They can be very useful in times like these.

From my own experience I can add that we can catch fishes if living close to a river, sea or pond. We can pick berries and nuts if there's a forest nearby. We, humans, were hunter-gatherers for most of our existence, so, we are wired for this activity, and that's why we like it so much.

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October 17, 2022, 09:34:39 PM
 #63

How to beat food inflation:
1.Eat less. Grin Fasting is good for our health(even though I hear that some experts say that fasting is bad for our health). I don't know anything about nutrition and endocrinology.
2.Raise your own fruits and vegetables in your own garden or piece of land. The costs of doing agriculture are raising as well. The fall/winter are coming and you can't raise vegetables right now. Sad
3.Increase your income. Get a promotion and a higher salary. Grow your small business. I can't give any particular advise about how to do that.
Yes. These tips can be very helpful for us to save in this increasing inflation not just for foods but for all basic commodities. But I think the best tip here is grow your income. Find more ways to get additional income so that you will not be completely affected with these increasing prices around. If you have multi sources of income that give you bigger profits, then saving will not be a problem anymore.
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October 17, 2022, 10:11:28 PM
 #64

But I think the best tip here is grow your income. Find more ways to get additional income so that you will not be completely affected with these increasing prices around. If you have multi sources of income that give you bigger profits, then saving will not be a problem anymore.
If you're living in the city, that's all you need to do. Get more sources of income, and work for 2-3 jobs and that's going to cover some expenses that you've got and should be allocated to it. Even if you have those additional sources of income, you'll still be affected but that's how you fight the increasing inflation. While those living in the provinces and rural areas can plant more veggies and fruits that they can just pick in season and take it as their food, the normal living and I like that more.

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October 18, 2022, 06:27:15 AM
 #65

I think people should try to cultivate more of their own produce to make up for some of the rise in inflation. I have seen several documentaries where the roof top of buildings are used to cultivate food. (lettuce / Tomatoes / Onions etc..) and also a small herb garden.  

A lot of people have houses with a large garden, but they do not plant any edible plants or fruit trees. You have the soil and you have water.... why not use that to it's bets potential. We have small informal markets for people to sell their produce and/or trade with other people.  Wink

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October 18, 2022, 10:40:33 AM
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 #66

Great tips. And I am actually doing them all. Another thing we did at home is we plant some manageable kinds of stuff like vegetables and fruits in front and at the back of our house. And I live in a small lot only with like 15 to 20 square meters of space. It first started when I stopped my plan to make a terrace in front of our house due to these hard times. One time while eating a sweet watermelon, I threw its seeds in front of our house. I didn't expect for it to grow up so we take care of it. To make it short, we harvested 9 big sweet watermelons before the plant died. Because of that incident, we already planted pumpkins, bitter gourds, chili plants, and many more that are not demanding of space.

Yes, I like the tips in this thread too. They can be very useful in times like these.

From my own experience I can add that we can catch fishes if living close to a river, sea or pond. We can pick berries and nuts if there's a forest nearby. We, humans, were hunter-gatherers for most of our existence, so, we are wired for this activity, and that's why we like it so much.

Well said, mate. We, humans, have great survival instincts indeed.

I really missed fishing in the sea. To be honest, I am seriously thinking about selling my house in the city. But my mother is living with me. My dream is to live in a rural area near the sea with enough space to start my own small farm. Probably not that far from a city and with a stable internet connection. It's perfect, living with nature while having fresh air, seafood, vegetables, fruits, and meat.

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October 19, 2022, 12:46:51 PM
 #67

Economic problems also occur in my country, many natural disasters such as floods that destroy a lot of agricultural land and crop failure, the threat of food imports will occur so it can be ascertained that food prices will continue to rise, when compared to the beginning of the year, it has now risen by more than 10%.

I also feel the increase in food and other prices at this time, but I don't think that it is an insurmountable difficulty, because everyone can still earn a little more than usual. You can see that when all goods and food prices increase, the wages of workers and transportation costs are also increased so that it can help a little for those who have permanent jobs. Because the ones who suffer the most in such conditions are the unemployed who have no work at all.
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October 19, 2022, 03:55:35 PM
 #68

I think people should try to cultivate more of their own produce to make up for some of the rise in inflation. I have seen several documentaries where the roof top of buildings are used to cultivate food. (lettuce / Tomatoes / Onions etc..) and also a small herb garden.  

A lot of people have houses with a large garden, but they do not plant any edible plants or fruit trees. You have the soil and you have water.... why not use that to it's bets potential. We have small informal markets for people to sell their produce and/or trade with other people.  Wink
Yes, people use plastic PVC pipes to cultivate different crops which can be produced through the system of hydroponics, that is to cultivate only using water and nutrients you deposit on it, not being necessary earth.

This kind of production can be done vertically as well on the walls of your garden or leisure area. Most common production I've seen is lettuce, but it is possible to grow other kinds of vegetables as well, and even fruits, I think, like strawberries.

However, I'm not sure sure how profitable it is. It will depend on the costs of food in your local area. Nutrients can be expensive to execute this kind of agriculture, so it must be taken in consideration.

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October 20, 2022, 10:19:01 AM
 #69

I think people should try to cultivate more of their own produce to make up for some of the rise in inflation. I have seen several documentaries where the roof top of buildings are used to cultivate food. (lettuce / Tomatoes / Onions etc..) and also a small herb garden.  

A lot of people have houses with a large garden, but they do not plant any edible plants or fruit trees. You have the soil and you have water.... why not use that to it's bets potential. We have small informal markets for people to sell their produce and/or trade with other people.  Wink

Using own house, land to cultivate is a good idea, but there are a lot of "but".

At first, people grow usually what is easy to do. That is garlic, onion, different herbs. All you need are seeds, water and sun. But you wont save much if your grow your own onion. How much a person could save ? Spend whole summer and get 1-3kg of onion. That will be enough for one family. But that will save like 10 EUR.

My grandparents have small garden. They grow cucumbers, tomatoes for example. Every 2-5 days they drive to garden to water plants, to get lets say 10 kg of each. That is like 100 EUR, but they spend like 200 EUR on fuel going here and there. Ok, that might be a bad example. A person can have a huge apple garden and hundreds of kilos of apple. But you cant eat apple all the time. From a week of apple diet you will save money, but will gain a diarrhea.

The whole problem with own fruits and vegetables is that you spend a lot of time and effort, to save little, and all your harvest can be consumed in few weeks.

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October 20, 2022, 10:40:32 AM
 #70

Great tips. And I am actually doing them all. Another thing we did at home is we plant some manageable kinds of stuff like vegetables and fruits in front and at the back of our house. And I live in a small lot only with like 15 to 20 square meters of space. It first started when I stopped my plan to make a terrace in front of our house due to these hard times. One time while eating a sweet watermelon, I threw its seeds in front of our house. I didn't expect for it to grow up so we take care of it. To make it short, we harvested 9 big sweet watermelons before the plant died. Because of that incident, we already planted pumpkins, bitter gourds, chili plants, and many more that are not demanding of space.
Yes, I like the tips in this thread too. They can be very useful in times like these.

From my own experience I can add that we can catch fishes if living close to a river, sea or pond. We can pick berries and nuts if there's a forest nearby. We, humans, were hunter-gatherers for most of our existence, so, we are wired for this activity, and that's why we like it so much.
These are not the type of tips that we need right now in the year 2022, when we are so close to 2023. The industrial age already happened, we should have incredibly cheap food all around us, it is something that we cannot ignore at all, the food that we eat should have been something we do not even consider anymore, and if we wanted it then it would have happened that way.

Because, crops and meat that we eat could be farmed in a big enough scale that if we put billions of dollars into it as a nation, we could grow enough to feed everyone, let alone making a profit, but we don't, that’s the problem, there aren't enough people who work in growing food industry.

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October 20, 2022, 12:15:28 PM
 #71

~ Yes, I like the tips in this thread too. They can be very useful in times like these.

From my own experience I can add that we can catch fishes if living close to a river, sea or pond. We can pick berries and nuts if there's a forest nearby. We, humans, were hunter-gatherers for most of our existence, so, we are wired for this activity, and that's why we like it so much.
These are not the type of tips that we need right now in the year 2022, when we are so close to 2023. The industrial age already happened, we should have incredibly cheap food all around us,

You are right, and we were having it in much of the world, till recently. A lot of bad things happened to our world in the recent times and that's why today many people encounter problems they couldn't imagine they would, like lack of electricity, food, water ... the basics.

It's not about abandoning achievements of the civilization, it's about surviving in times like these.

I'm sure, it's going to be a temporary problem, and humanity will find a way to deal with it sooner than various scaremongers predict. And instead of suffering during the hard times we can try to have some fun with fishing, catching shrimps, gathering mussels, picking berries and nuts in the woods, and many other things, depending on where we live.

I think it is better to be trying to find joy in life under any circumstances instead of just suffering and spreading panic.

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October 20, 2022, 04:05:38 PM
 #72

The sad reality is only middel class and below is going to get affected with this and many peeps might just throw opposite answers to my way but that’s the reality of this century! You can not deny the fact that upper class always has a plan B which they use in the times like this. They have huge fund reserves which can easily make them survive through the time such as like this. So definitely it’s the down line which needs to take care of themselves and yeah it’s gonna be hardest ahead.
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October 20, 2022, 06:37:45 PM
 #73

Mentioned in the above post is a good suggestion. Nowadays rooftop gardening have been popular around, and people find ways to meet their own vegetable needs through it. This can decrease their spending on food and also gives space to spend time in a better way for the house wives/husbands.

In some cases people spend a lot on outdoor plants that are just good for beauty. Rather than spending much on beautifying a place, prioritising production is good.

There is an increase in inflation generally, but some countries are also experiencing flooding issues as a result of poor planning and high population levels. This will be difficult to achieve in some cities where excess water has destroyed a lot of farming spaces and gardens, and some people are even having trouble finding shelter and a place to put their heads despite the hardships here and there.

To reduce all these high demands, we must all farm, it doesn't cost a thing to have a farm in that empty space in your backyard, the governments can also assist by providing access to free advanced mechanical farming and processing, which will free up a lot of labour and encourage people to grow their own food rather than relying too heavily on rural areas for their daily needs.

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October 21, 2022, 06:38:51 PM
 #74

Mentioned in the above post is a good suggestion. Nowadays rooftop gardening have been popular around, and people find ways to meet their own vegetable needs through it. This can decrease their spending on food and also gives space to spend time in a better way for the house wives/husbands.

In some cases people spend a lot on outdoor plants that are just good for beauty. Rather than spending much on beautifying a place, prioritising production is good.
The idea that we need to produce our own food never looked appealing to me at all. Why? Well simply because when you need a new clothe, do you manufacture it yourself? When you need a new TV, do you make it yourself? A new chair? A new pc? A new phone? A new desk? There aren't that many things in the world which we do, we are only responsible for our own jobs, and we earn money from our jobs and use that money to buy all the other things.

If I am producing my own food as well, then let everyone do that and destroy all farmers, why are they even useful in that case? Which means, crops should get cheaper, instead of me trying to figure out how to raise crops my own.

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October 21, 2022, 08:30:30 PM
 #75

The idea that we need to produce our own food never looked appealing to me at all. Why? Well simply because when you need a new clothe, do you manufacture it yourself? When you need a new TV, do you make it yourself? A new chair? A new pc? A new phone? A new desk? There aren't that many things in the world which we do, we are only responsible for our own jobs, and we earn money from our jobs and use that money to buy all the other things.

If I am producing my own food as well, then let everyone do that and destroy all farmers, why are they even useful in that case? Which means, crops should get cheaper, instead of me trying to figure out how to raise crops my own.
The idea may not be bad, but it certainly isn't for everyone.
You and I may have the same thoughts about the idea so it is not suitable to adopt it. Then the lack of land to produce food ingredients is another factor why the idea is actually not good if it comes from the government. Well we are not yet at the crisis stage, but actually the current economic condition is dying due to inflation. The loss of currency prices, it has resulted in many food prices increasing while incomes have not increased.

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October 21, 2022, 08:59:19 PM
 #76

I don't think buying food and stocking is a good idea if that's what you mean, the best way around this is to live below your means and add some other cash flows.

That's right. We have little experience in storing food and we don't have an appropriate equipment, so it is very likely that a big part of the food we want to preserve will go bad. The best strategy, in my opinion, is trying to find the places where we can buy cheaper food, and, of course, where we can earn some additional money.
With that, I think people should start to eat more fruits and vegetables and less eating on pork or meat so they can lessen the expenses when it comes to food consumption. Also, increase our sources of income by looking for additional means that will give us additional income. The more we get multi sources of living, the bigger chances of saving during this inflation.

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October 21, 2022, 09:36:15 PM
 #77

~
~ In this hard time, it is very important to avoid waste. Hence every family must ensure they only prepare food that would be consumed without much waste. Like in my house, in order to avoid waste I have domestic animals like poultry birds that feed from food remnants and we also use their droppings as manure for our small garden. When they are matured we use them as our source of eggs and meat.    

I absolutely agree with this. Buy less, recycle more. That's the formula for surviving times like these. The economy of your household is a great example for everyone, even for every country, not only for every family. I mean, many people and many countries are doing something like this already, but we need more understanding how important it is.
Yes, there are already many people who are into this, but a greater number of people are not used to this and so are not doing. Instead, they keep on buying and storing a lot of foods and when they get spoiled, they just throw them away which means a total waste of money and food when in fact most poor people have not even eating three times a day. So maybe the good thing to do is to educate people on how to plant and grow their own food backyard, as that would mean saving their money from buying and can also give extra foods to those neighbors who are less fortunate.

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October 23, 2022, 02:27:52 AM
Last edit: October 23, 2022, 03:20:20 AM by Jatiluhung
Merited by fillippone (2), lizarder (1)
 #78

The more days pass. Food prices in many countries continue to experience a very worrying increase. and the highest increase is in the current year, 2022. but many economic and food analysts believe that the increase in food prices could continue into the following year. so we need to be prepared early to face this.
and maybe we can start stocking up on foods that can last a long time if stored, such as the staple food in Asia, namely rice.

sourch img : Link
There may even be a fact that not many people know about rice that can be stored for up to 4-5 years.
even according to Utah State University rice if stored properly in an airtight place and with a temperature below 4 degrees Celsius. the rice can last for decades.
if you are interested read about it. there are many sources that you can find on the internet. one of the media sources that you can read as in this Link.

so saving does not have to be in the form of money. because even money can continue to decline in value when inflation continues. so save in other ways. like stocking rice. if in your country the staple food is rice of course. spread your savings in several forms. be it gold or otherwise. the important thing is that the savings are managed in a form that is not too affected by inflation. so the value can stay the same over time.
and if you have uncultivated land. then start planting plants from now on. namely plants that you can use when a food crisis occurs later.

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October 27, 2022, 08:30:30 AM
 #79

~
Yes, there are already many people who are into this, but a greater number of people are not used to this and so are not doing. Instead, they keep on buying and storing a lot of foods and when they get spoiled, they just throw them away which means a total waste of money and food when in fact most poor people have not even eating three times a day. So maybe the good thing to do is to educate people on how to plant and grow their own food backyard, as that would mean saving their money from buying and can also give extra foods to those neighbors who are less fortunate.

Yes, that's what we should do in times like these. I understand people who are introverts and they prefer to not communicate with others. I was like that myself at some point of my life. But today there's no place for that stuff in our lives. We should help those who in need, and we should without embarrassment ask for help if we need it.

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