Originally Posted by dakotablue
Yeah...I'm not happy with the Fed right now. Not a good plan. I guess part of me feels that if $20 won't go as far in a year or two I'd rather have it pay off debt that doesn't change than pay more for food. KWIM?
Put me here, too.
I think a conservative approach would be to do both. Get your pantry in order at a reasonable rate that is comfortable for you, and pay what's left to your debt so that the interest doesn't pile up as fast. Once your pantry feels well enough stocked with the basics, put more toward debt.
If food prices are rising faster than inflation right now, which is what it feels like to me, then you come out ahead if you buy food now/cheap than if you wait. You have to do the math the best you can and/or just take a good intuitive stab at it and do what feels comfortable to you.
I think the people who are making fun of the poster who was preparing for food shortages should take back their words. I remember that thread and it wasn't as black and white as you make it sound. And just because the "sky didn't fall" in the timeframe she expected doesn't mean it isn't prudent to prepare for the possibility that it could at some point. It's not fair to make fun of someone for their version of prudence and I'm sad to read that here.
Some people are only comfortable when they feel "prepared" and others don't feel the need. I don't see any reason to judge either side. If we are doing what helps us feel comfortable and least stressed, whether that is planning for possible disaster or pointedly not thinking about it, we are doing the right thing, IMO.