The times, they are a-changin’ and not necessarily for the better. I have a lot of hope for the future of the economy, but I’m also taking a very cautious view of things. I think now is the time for us to buckle down and really take stock of our spending. We need to cut expenses where we can, and start doing things for ourselves when possible.
Seems I’m not the only person feeling that way, either. Money Saving Mom wrote about the price of wheat going up and how that will affect a lot of things: (the
While I’m not one to jump on “the-sky-is-falling” hyped-up bandwagons, I have heard from multiple reputable sources that wheat prices will be increasing substantially very soon. This price increase will likely have a strong trickle-down effect since so many things one normally buys at the store contain wheat.
How much flour is in the stuff we eat? A lot, unless you or one of your family members have Celiac Disease. It’s not just in bread, but it’s in your Fruit Loops and your gravy and cake and cookies and, well, you get the idea.
If gas prices also rise as have been predicted, your $3-4 box of cereal may start being a $6-8 box of cereal. What to do? Make your own Fruit Loops? Start teaching your kids about how wonderful oatmeal is? How far are you willing to take it? And if we stop buying cereal, what happens to the people who are employed at the cereal companies? Do we think about ourselves, or think about the bigger picture?
I think the key answer to this goes back to my “nothing is absolute” post. I could sit here and tell you to grow your own wheat and get some goats for milk, but if you don’t have the space, time and/or knowledge to raise goats and wheat my solution isn’t going to work for you. I can tell you to buy Fruit Loops with a coupon at Publix when they have buy one get one free day, but if you don’t have a Publix, that doesn’t help either.
I think now is the time for us to be making plans of what works for our own families. Home Ec 101 will be here with advice and suggestions. But start making your plan now. Have hope for the future, but start planning now.