A big part of what you are doing right is buying stuff in bulk and on sale as part of your regular diet.
Let's say you are saving an average of 30% off across all of your purchases.
If you took that money and put it in any bank these days, you are not going to generate 30% in annual interest.
Think of how much money you spend on food every year. It kind of adds up quickly.
And these gains are after tax too. They are actually the equivalent of much larger taxable returns.
What's the word for that? Thrift, I believe.
Thrift, I believe.
I actually identify as a skinflint thank you very much. But seriously you are not wrong, this is our first house so it took me a while to realize how much money we could save by buying normal (shelf stable) foods at bulk discount and using our basement to store the stuff. Even if ayyy lmao don't land next week we are saving min 40% on everyday items that we use and if ayyy lmao do land we are ok for a fair bit. We will use all of it and since it isn't going to go bad we have a fair amount of time to do so. At least that's how I look at it.
we have a fair amount of time
You need enough time to re-adjust to a new way of acquiring foodstuffs. That can mostly depend on outside factors, but you can hedge your bets by getting into gardening or make sure you are up on your tradeable skills.
You cannot buy enough to last the rest of your lifetime.
In the meantime you are practicing skills that will work well when a slump/crash hits. Get into making shit from scratch. Like with just flour and a few other ingredients. Hunting/fishing/smoking/salting/canning/bottling are good too. You don't need to become an expert, just good enough to produce something.
(post is archived)