Stockpiling food is like creating an emergency fund, except it’s not made of money – it’ll help keep you and your family fed in unprecedented times like these.Įven if the event you’re preparing for doesn’t happen, like the prices don’t continue going up or you don’t face any loss of income, you won’t be wasteful since all that changes is that you won’t have to buy the stockpiled goods for a longer period of time. It doesn’t just help with managing costs, it also ensures a steady supply of a said item, so you don’t have to worry about having to go without a basic necessity when you most need it. Meanwhile, stockpiling is more about preparing for an event where the item being stockpiled might not be as readily available. The ADAA defines hoarding as a persistent difficulty discarding or parting with possessions, regardless of their actual value, often to the detriment of the physical environment and social relationships of the person suffering from hoarding. Let’s make this clear: stockpiling is not the same as hoarding. While you can’t control the price of food outright, you can still prepare for any further price increases by spending wisely. Some say that the inflation we’re experiencing right now is transitory, but we don’t really know for sure whether living costs will come back down, and we don’t know when that will happen, either.
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