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FIGHT RISING FOOD PRICES NOW! 22 Surefire Ways (Investopedia)
Food, clothing and shelter generally top the list of basic human needs. While shopping at a discount store instead of the mall generally takes care of the clothing issue, and living in a small apartment instead of a McMansion can address your housing situation, rising world food prices can lead to some significant challenges in the food department. Everything from rising transportation costs to the development of biofuels, such as biodiesel, push up the cost of food and put a pinch on consumers’ wallets.
While the need to eat isn’t something you can avoid, there are some steps you can take to keep the costs in check.
1. Eat at Home
Dining out is an expensive proposition. Just about any nutritious meal that you buy in a formal restaurant can be made at home for a fraction of the price. Even good coffee is cheaper to make if you do it yourself. Fast food is excluded from the category, as high-calorie, low-quality food can be had a bargain price, but the impact on your long-term health overrides the benefit of short-term savings. (If you love restaurants, try investing in them instead of eating at them. To learn more, see Sinking Your Teeth Into Restaurant Stocks.)
