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Money Saving Wednesday: Should be Called Food Saving Wednesday!

Ready Or Not was a great show last night. This month we are purchasing a Dutch Oven for our General Store and Janet Wayman gave awesome tips for seasoning, cleaning and cooking with a Dutch Oven. She has promised to send some recipes today and I will post them tomorrow. I am anxious to do some more experimenting with mine. I made some awesome bread again this week. The three artisan bread I made were sourdough, cheese and herb and olive. The herb and the cheese each cost me about $1.20 to make and you know they are $4.00 or more in the store. The sourdough was about 35 cents. I also made a white bread and a wheat bread. They are so much fun because they bake up the size of the Dutch oven (12 inch) so you have this huge round loaf and all my friends love it when I bake one for our quilting group. Those cost me about eighty cents each to make and they are equivalent to two regular loaves. The best part is they taste so much better than the store bought stuff. The recipes are in your May 2010 Totally Ready Newsletter. If you are not a subscriber and would like to purchase back issues, the entire first year of Newsletters is available at Totally Ready.com.

Now is the time to save money to purchase food and to pay off debt. Normally I would encourage some cash on hand but it seems our buying power will be greatly reduced as prices raise and the value of the dollar is lowered. You can eat good foods, garden and  continue to maintain good health with medications, soap and toothpaste, etc. if you have them stored. I am increasing my plans to stock more that a three month supply of items like these. I want to be as self reliant as possible as soon as possible. You should too. Consider this.

"Erskine Bowles and Alan Simpson, who co-chaired the White House’s deficit-reduction commission last year, said Tuesday the U.S. could face a destabilizing fiscal crisis in two years or even sooner.

At a Senate Budget Committee hearing on Tuesday, both men chided Congress for focusing so much time and energy on cutting domestic discretionary spending, which makes up about 12% of government spending, and not focusing enough on entitlement programs and the tax code. The U.S. has $14.1 trillion in debt and is projected to run a $1.65 trillion deficit in 2011. Debt levels are projected to grow rapidly, which many believe will force the U.S. to borrow more money from other countries.

“This problem is going to happen long before my grandchildren grow up,” said Mr. Bowles, who was White House chief of staff during the Clinton administration. “This is a problem we are going to have to face up to it maybe two years, maybe a little less, maybe a little more.”

He said the crisis is “predictable” and will take place when “our bankers over there in Asia begin to believe we are not going to be solid on our debt, that we are not going to be able to meet our obligations. Just stop and think a minute what happens if they stop buying our debt. What happens to interest rates? What happens to the U.S. economy? The markets will absolutely devastate us if we don’t step up to this problem. The problem is real. The solutions are painful, and we have to act.”

Mr. Simpson, a former Republican senator from Wyoming, said, “I think it will come before two years.”

Notice one democrat and one republican, no political reason to agree unless they are telling us the truth and really concerned.

http://blogs.wsj.com/washwire/2011/03/08/bowles-simpson-fiscal-crisis-could-come-within-2-years/

Listen to my radio show READY OR NOT…every Tuesday night 9:00pm Eastern, 6:00pm Pacific…if you missed some listen now.

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