Powdered milk is a good food storage item for those who have children and/or like cereal and milk. The Happy Housewife has a good post on how she uses powdered milk on a daily basis. There are some great ideas for rotating powdered milk when the expiration date is looming.
This week's Weekly Roundup by The Simple Dollar has a couple of links to some great articles on being frugal. Be sure to check out the frugal tips!
Another great post from The Simple Dollar talks about preparing food at home for less.