One of our best purchases
Last summer I began laying out my case for wanting a chest freezer. We had a small garden producing lots of zucchini, tomatoes, etc. There were lots of good clearance deals on meats and things at the grocery store and "well if I had a freezer..." We did some research and found mixed information on whether or not you could keep a chest freezer in a shed. Some said it would cut off when the outside temperatures dropped too low. Others said, well, even if that happens, the outside temps will be well below freezing and nothing in the freezer will spoil or defrost. We've weathered our first winter with our little freezer out in the shed, and it's worked beautifully!
We purchased a 7 cubic foot freezer from a store in town for less than $250. When you think of all the things you can buy in bulk, meals you can cook ahead of time, clearance items you can buy...you really get your money's worth pretty quickly.
We made space in our carport shed and added shelves above the freezer for extra storage.
You can see we keep all kinds of things in the freezer: I buy extra bread when it's on sale (and also supplement with homemade), we buy lots of chicken on clearance, and I buy lots of "second" peaches and either dry and freeze them or just chop them and freeze them for cobblers. If you're cooking a big bag of dried beans, you don't have to worry about any of them going to waste. Label a freezer bag and freeze half of them. They'll reheat and taste just as good as they did the first time!