In fact, from my point of view, 60 days worth of food, water, toiletries and medicine for the family is not unreasonable — and well less then a third of what I spend on property insurance in a year.
Furthermore, since I’m turning stock on all these items (except the water) they’re really not costing me anything at all except a little storage space in the garage.
We live in earthquake country anyway, so we’re used to keeping food, water, first aid kits and the like in the trunks of our cars and in the hall closet — right? — Right? — RIGHT???
How many Katrina victims last summer would have benefited from a bit more planning?
I’m not paranoid, but if I can cover my family and the elderly couple who live next door for less than one half of one percent of my net income, I’m a fool if I don’t.