I've fired lead from a friend's M14 on more than one occasion. It's not worth the time, effort, and perceived savings in my opinion. I could never get better than a 6" group at 75 yards with any of his loads.
He's one of those guys that will spend $2000 on a rifle and another $700 on a scope, but won't put back enough money for jacketed bullets. LOL1
My philosophy .... I go by the "Rule of 5s" .... 5 times the rifle's weight in bullets, 5 times the rifle's weight in powder, and 5 times weight in brass. Primers are usually exempt, and I usually only put back 2k primers and rebuy as I use them up.
As for the whole "SHTF" philosophy .... you have better odds at winning the Powerball as to ever have to fire your rifle in self defense in today's day and age. The whole "Prepper Movement" has been perpetuated by crafty marketing, Hollywood, and politicians who perpetuate fear to keep control. Just my 2 cents. ICONWINK