Saturday, January 16, 2016

Living the Pantry Lifestyle - Finish the projects?


Recently I was listening to a discussion regarding the future implications of today's very weak economy.  They started talking about how... as this began around October and is now seeing the plunge of the stock markets round the world... it takes time for the ramifications to work through the complete cycle.

Huh?  In simpler terms it means a very real possibility of product shortages by Spring.  It has something to do with the Baltic Dry Index being at an all time low.  This is an index of all products being moved by sea in regular shipping routes.  There is usually an equal drop in products being moved by trains.

After listening to their discussion, I remarked to my husband what they were talking about.  He looked up from his newspaper to say, "That means the economy is contracting".  Oh, right... sometimes I forget his undergraduate degree was in Economics.  ;)

The conclusion the men discussing the situation came to was this... finish your projects now.  While there are few shortages of equipment and supplies.

It reminded me of a question I received quite often when I was writing Recessing Ponderings.  How can one prepare for a possible job loss other than stocking the pantry?  What we learned by experience was to keep up with all maintenance schedules and repair as soon as possible what is not working right.

This means personal maintenance... keeping up with medical exams such as eye appointments, dental appointments, doctors, etc.  As much as you can given insurance and financial availability.  Should you lose a job and your insurance, you will be glad you had that tooth filled already.

This means house maintenance, which can be quite expensive but much more so if not taken care of right away.  You know, Ben Franklin's "a stitch in time saves nine" kind of thinking.  We had two huge concerns, one being the leak in the roof and the other our plumbing issue.

God provided the roof repair when the roofer working on a neighbor's roof agreed to look at our leak.  He walked around on the roof and found the problem to be where the roof and chimney met.  He said since he was working next door and had all the equipment, he could fix the leak for a fraction of the cost.  When we experienced the heavy flooding rains a few weeks ago, our kitchen ceiling remained dry.  Hallelujah!

See how God met that need?  Not by bringing in extra income but by providing the person who could fix it at a very reasonable price!

Our plumbing problem is being fixed in two parts.  As you will remember, we had no water for a longer time than I was comfortable with (albeit we learned a lot from that experience).  A plumber licensed to work with copper pipes (I had no idea this was necessary) fixed the first part of the problem... that being the broken pipe.  God provided the necessary funds to pay him.

The second part of the problem is to repair a piece of equipment necessary for pumping the water from the well.  That will get repaired soon... praying it doesn't fail before then!  But funds are being set aside for that important project.

Vehicle maintenance is the third item we try to keep updated.  We have one repair that is necessary with a leak in the coolant system that turned out to be a flaw with the model of our van.  It would take hundreds of dollars to repair it but the mechanic told us it was such a small leak, we can get by with just checking the coolant level every week or so and adding a little more.  That was a couple years ago and we've been fine, including a 2000 mile round trip to New England.

However, the van has been telling us we need an oil change for a few weeks.  Now, I must admit... I would get annoyed with my husband when money was so very tight and he budgeted for an oil change!  But that is how our vehicles all lasted for years after they turned the 100,000 marks.  Regular maintenance.

So think through any essential maintenance items you need to do and schedule them (as time and money permit).  Consider any projects you are doing now or in the Summer.  As money permits, finish projects that you can complete now.  Purchase what can be bought ahead of time for that which you will do this Summer.

Especially those items that may be hard to get for a few months.  For instance, if you sew then fabric is rarely hard to find.  But if you need to a certain part for your European built sewing machine, you may want to buy it now.

What if you have no extra money at all?  Ask God for a miracle and watch what happens.  Like your neighbor putting on a completely new roof so you get a leak fixed very cheap.  (We knew this was not a scammer going around the neighborhood offering cheap services as he had been working on our neighbor's roof for days and we asked him to check ours.)

God cares about your needs!

For an interesting article about the Baltic Dry Index, click on over... here.  Yes, this is the website that caused some discussion before because it has some conspiracy theories.  So be forewarned.  I receive his updates through email and have really appreciated his insights into the economy.  This article/post appeared in my Inbox soon after I was listening to that economic discussion about the same subject.  It helped me understand it even better.  I only had Econ 101!

10 comments:

Anonymous said...

Very interesting post, informative and helpful. What a wonderful testimony of God's provision and supplying of need in your roof. God is good! Blessings Sharon D.

Kristi in the Western Reserve said...

Forbes doesn't seem to be saying this.....
http://www.goldmansachs.com/our-thinking/pages/outlook-2016/index.html?videoId=139049
But I do have some projects to finish. Now would be a good time!

Kristi in the Western Reserve said...

Oh, wait....Was it Forbes or Goldman Sachs? I think GS.
http://www.goldmansachs.com/our-thinking/pages/outlook-2016/index.html?videoId=139049

Deanna Rabe said...

Very interesting. Thanks for the link and thank you for your thoughts on this.

Interesting times, indeed!

Deanna

Annabel Smith said...

Thank you very much this is excellent. I will be linking to this during the week. Despite all we say about being watchful few people are! This is historic and significant. And huge. Bauhaus its also trains and trucking we are going to see the results world wide. I really like your suggestions too. Love Annabel.xxx
ps these figures cannot be disputed they are the figures!

Vee said...

Ugh... Not looking forward to any more shortages than there already are. We have so many products that we feel we need in addition to wanting and they are NOT available. It may be the least of our concerns. Thank you for having your ear to the rail. I had not heard this until now.

Debbie said...

I found this very interesting. I have watched as the stock market has been wiping out the retirement investments and savings of several family members. I have also noticed that some of our stores have been unable to get some products in and have been told they do not know when they will be getting their next shipment.

I have been building up my pantry and trying to learn new skills that will help me in this effort. I'm also trying to accumulate different things we will need to make some needed repairs on our home.

Lee Ann said...

I read something very similar to this. Look at thoughtsfromfrankandfern.blogspot.com. On one of their December posts they have similar sentiments.

BessieJoy said...

What kind of shortages have you been seeing? I can't say I've noticed any. Thank you for the link!

Annabel Smith said...

Dear Brenda, the Baltic Dry Index has just kept dropping which I guess you are aware of.
I even took your advice and went tot he dentist this week! With love Annabel.xxx