155. Build a Homestead That Pays for Itself (and Pays You Too!) | Leah Lynch | Profitable Backyard Farming
Oct 20, 2022•1 hr 1 min•Ep 155•Transcript available on Metacast Episode description
One of the major reasons people start homesteading is because they want to produce high quality food without spending a fortune. However, if you are not careful, you can simply replace your grocery store bill for a feed store bill. In today’s episode, Leah and I discuss what it looks like to create a homestead that not only pays for itself but also puts money back in your pocket. Maybe you have a dream of starting a homestead but are unsure about the investment— this episode is full of ideas and tips for building a homestead you love without breaking the bank. If you are already living your dream of homesteading but are feeling broke and burnt out, Leah’s advice could help you get back on the right track. Wherever you are in your homesteading journey, this is a conversation you won’t want to miss!
In this episode, we cover:
The top three reasons homesteaders spend more than they save and how to avoid doing so
Why tracking homestead expenses is important and how to do it simply
Accounting for the many variables in the cost of raising animals
How to plan for a future homestead when you don’t yet have your own expenses to track
Setting homestead goals and being realistic about the time and resources you have to work with
Questions to ask yourself when you are considering adding another element to your homestead
Strategies for making money from what you produce on your homestead
How Leah generates thousands of dollars per year from her rabbitry operation
How you can create additional income from your homestead by specializing in a specific breed
Weighing whether or not a specific animal is worth your investment
The first steps you should take in ensuring your homestead is profitable before you even start
Finding peace in creating a homestead that fits your current life season
Where to start making changes if you are already in over your head with a costly homestead
View full show notes and transcript on the blog + watch this episode on YouTube.
TOUPS AND CO ORGANICS | Use code FARMHOUSE at ToupsandCo.com
SCHOOL OF TRADITIONAL SKILLS | Use my link bit.ly/FarmhouseSkills
AZURE STANDARD | Use code FARMHOUSE10 at AzureStandard.com
Please see full show notes for more details on these offers.
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