Making Money on the Homestead - Homestead Dreamer (2024)

One of the reasons people choose to live a more self-reliant life and homestead is to get away from money. They don’t want their life to be focused solely on making money. The trouble with that is, you really can’t get completely away from needing some of that ol’ ‘trading paper.’ Some scoff at people who homestead andstill buy things from the store but even the pioneers of old had to get supplies from the trading post!

Making Money on the Homestead - Homestead Dreamer (1)

Unless you are growing crops to sell off, raising livestock to sell, or have a foot in both worlds and hold down a day job, you will need money to buy the things you can’t produce: gasoline is a prime example of just one of the things you need money to buy. For most people, getting extra money is difficult anyway but even more so for the homesteader. Their days are generally spent working the homestead to produce and refine the things they need. Their chores are largely focused on the production and preservation of food for the family and livestock. That doesn’t leave much time to work a 40 hour work week.

There are numerous combinations of how the modern homesteader makes things work out but regardless if you homestead as a hobby or a lifestyle, there are many things you can do during your normal chores that will help bring in a little extra here and there. The key to making money on the homestead is to remember that you must have multiple streams. Those streams meld together to form the overall income.Just remember that you need to report that income when you file taxes in most cases. For some, getting past the idea of making all your money on one thing (such as a day job) can be a challenge.

The key to making money on the homestead is to remember that you must have multiple streams.

Of course, if you have chickens and end up with a surplus of eggs, sell them! Another thing you can do is if you have people who regularly get eggs from you, see if they would be willing to buy feed instead of giving you cash. A lady I once knew would trade 4 dozen eggs for a bag of feed in the summer, when egg production was really high. Her feed costs were lower in summer due to all the bugs and whatnot available for the chickens to feed on. She would store the feed in her little barn and when winter came, would almost have enough to get through the whole season. She may not have gotten monetary income from the exchange, but she also didn’t have to pay for feed in the winter. She made her chickens more self-sustaining! Income doesn’t always equate to cash money.

So besides selling your surplus on produce or eggs, what else can a homesteader do? Get creative! During those long winter months when you can’t work outside or your equipment is frozen up, consider making something you can sell. Repurposed items are highly popular. An example would be to make picture frames out of weathered barn wood. Chances are pretty good that if a barn is falling down, the current owners will happily let you tear it down and/or take whatever materials you want from it. They don’t have to mess with it and you just got a nice stock of materials needed to make items that can be sold to help you get fabric for making new clothes. All it cost you was some fuel and time. Pinterest has too many ideas to count on different things you can repurpose around the homestead and then sell as a decoration. And that is just one idea! Get creative!

One of my favorite things to do is to barter my skills in food cultivation and preservation for the things I need. Last summer, I traded my skills for smoking and canning fish in exchange for 6 large fillets of Sockeye salmon (my favorite!). They provided the jars, lids, and alder chips. I provided the brine ingredients, the smoker, the pressure canner, the electricity for the stove, and my skills, experience, and time. Normally, when this type of exchange is done here, people get half of what they produced. I personally feel that is very greedy and just not right as a general rule so was very happy with the 6 fillets that I could do whatever I wanted with. Those 6 fillets made for no less than a dozen meals for my husband and I (with a little for the pups, too)! That is a big deal! A day or work turned into a dozen meals? I would say that is a good trade.

What about teaching others your skills? It’s highly likelyyou have some kind of Parks and Recreation department that you may be able to offer classes through. It’s amazing how many people don’t understand the difference between a cooking fire and a heat fire that will last all night. Most people never even consider that there may be a difference; fire is fire, right? For those who have experience, the answer is a resounding “No!”

There are multiple other articles out there that give list upon list of things you can do to make money on your homestead but they don’t talk about how important it is to make sure you have more than one. They also don’t talk about things you can do by the season. In late winter/early spring, when you are sprouting your seeds, sprout extra and sell them! In fall, crochet hats and scarves to sell in winter. Make it part of your cycle, part of your everyday and soon enough, you will see the returns come in without feeling like you really went out of your way!

Want to read more about making money on the homestead? Consider one of these books!

Have ideas for ways to make money on the homestead? Chime in below and who knows – maybe you will inspire someone!

Related

Making Money on the Homestead - Homestead Dreamer (2024)

FAQs

How to make money from nature? ›

Relatively passive ways to make money off the land
  1. Lease of rangeland or cropland. ...
  2. Sale of timber rights (someone else does the logging) ...
  3. Rental of housing or buildings (either short or long term) ...
  4. Farming commercially (vegetables, animals, tree crops, mushrooms, etc.) ...
  5. Foraging commercially. ...
  6. Running events and/or retreats.

How to make money on the homestead? ›

Below are some of our favorite ways that you can make money homesteading.
  1. Grow Mushrooms. Growing mushrooms is obviously one of our favorite choices here at GroCycle. ...
  2. Sell Fresh Fish. ...
  3. Start a Christmas Tree Farm. ...
  4. Grow Microgreens. ...
  5. Sell Baked Goods. ...
  6. Raise Bees for Honey. ...
  7. Rent Bees Out for Pollination. ...
  8. Sell Extra Bees.

How to start a homestead with no money? ›

10 steps to start homesteading, on the cheap
  1. Simplify your life. This would be the first thing to do when you want to start homesteading. ...
  2. Make homesteading friends. ...
  3. Start gardening. ...
  4. Preserve what you grow and what you gather. ...
  5. Learn to sew. ...
  6. Get starts from other people. ...
  7. Plan ahead. ...
  8. Cheap chickens.

How do I make $1000 a day? ›

How To Make $1,000 A Day
  1. Make Money Blogging.
  2. Create A Side Hustle Stack.
  3. Start An Ecommerce Business.
  4. Start A Service-Based Business.
  5. Retail Arbitrage.
  6. Passive Income Rentals.
  7. Use Geo-Arbitrage.
  8. Consulting.
1 day ago

How to make money while living in the woods? ›

Some ways to earn income from the woods:
  1. Permitting hunting or foraging.
  2. Harvesting timber sustainably.
  3. Cultivate and sell non-timber forest products.
  4. Maple syrup.
  5. High-value edible or medicinal mushrooms.
  6. Ginseng, Black Cohosh or other medicinal forest plants.
  7. Firewood.
Sep 29, 2021

Does homesteading really save money? ›

Overall, with plenty of care and planning, you can cut hundreds of dollars out of your yearly expenses. And this money saved can help you get your dream homestead and get you further along the path to self-reliance when you get there.

How to make money off a hobby farm? ›

4 Ways to Make Money from Your Hobby Farm
  1. Sell Produce at a Farmers Market: One of the most popular ways to make money from a hobby farm is by selling produce at a farmers' market. ...
  2. Sell Farm-Fresh Eggs: ...
  3. Lease your Property for Events: ...
  4. Rent Out Farm Animals for Petting Zoos:
Oct 17, 2022

Can you live off of a homestead? ›

The answer is yes, but homesteading today is different than you might expect from the tradition of pioneer days. It is still possible to live self-sufficiently on a small piece of land; it's just that many of the tools and technique to achieve your homestead dream have changed.

How many acres do you need to start a homestead? ›

We really do think that five acres is the sweet spot because it allows you to stack your animals and really utilize permaculture practices. One acre for gardens, perennials and fruit trees. One acre for the house and garage.

What to do first when homesteading? ›

How To Start A Homestead – Step By Step
  1. Step 1: Consider What Homesteading Involves. ...
  2. Step 2: Set Goals For Yourself. ...
  3. Step 3: Decide Where You Want To Live. ...
  4. Step 4: Make A Budget. ...
  5. Step 5: Start Small. ...
  6. Step 5: Continually Simplify Your Life. ...
  7. Step 6: Learn To Preserve Food. ...
  8. Step 7: Make Friends With Other Homesteaders.

Where is the best place to start a homestead? ›

10 Best States For Homesteading 2023
  1. Tennessee. Rural Tennessee is already a popular location for sustainable living enthusiasts, with a fantastic harvesting season of around 9 months of the year, there are low property taxes and costs.
  2. Idaho. ...
  3. Oregon. ...
  4. Maine. ...
  5. Michigan. ...
  6. Connecticut. ...
  7. Montana. ...
  8. Alaska. ...
Feb 9, 2024

How to earn money naturally? ›

How to make money fast
  1. Become a rideshare driver. ...
  2. Make deliveries. ...
  3. Help others with simple, everyday tasks. ...
  4. Pet sit. ...
  5. Sell clothes and accessories online. ...
  6. Sell unused gift cards. ...
  7. Earn a bank bonus. ...
  8. Take surveys.

How to make money off wooded land? ›

8 Ways to Make Money From Your Raw Land
  1. Sell Your Land. ...
  2. Livestock Raising. ...
  3. Harvesting Standing Timber. ...
  4. Leasing Your Land for Hunting. ...
  5. Leasing Land to Investors. ...
  6. Tap Trees for Syrup. ...
  7. Harvest In-Demand Saplings. ...
  8. Sell Cords of Firewood.
Jun 13, 2023

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