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
ABOUT LEAH
Leah Lynch is a stay-at-home wife, content creator, and small farmer who loves a good paper planner and is a massive introvert.
She started her rabbitry at 17 and used the profits to pay for her schooling and graduated debt free.
Today she makes multiple four figures a year with her small rabbitry alone and is on a mission to help other people create a country lifestyle they love that doesn't leave them broke and burnt out.
RESOURCES
Check out some of Leah’s resources that were mentioned in the episode:
Farm Budget Tracker https://birdsend.page/forms/5676/qmWP5m88zp
Farm Profit Calculator https://birdsend.page/forms/5676/4i2Vmxe1jB
Do You Have Time for That New Project? Google Calendar Tutorial https://www.youtube.com/watch?v=dMl6iD7RqrM
My Farm’s Purpose https://birdsend.page/forms/5676/ANzwm8PkPL
Profitable Rabbitry Playbook https://leah-lynch.com/profitable-rabbitry-ebook/
Eight Battle Tested Steps to Make Your Farm to Pay for Itself https://leah-lynch.com/build-income-that-supports-farming-lifestyle/
CONNECT
Leah Lynch
Website: https://leah-lynch.com/
Instagram: https://www.instagram.com/leahlynchblog/
YouTube: https://www.youtube.com/c/LeahLynch
Facebook: https://www.facebook.com/leahlynchblog
Lisa Bass of Farmhouse on Boone
Blog: https://www.farmhouseonboone.com/
YouTube: https://www.youtube.com/c/FarmhouseonBoone
Instagram: https://www.instagram.com/farmhouseonboone/
TikTok: https://www.tiktok.com/@farmhouseonboone
Facebook: https://www.facebook.com/farmhouseonboone/
Pinterest: https://www.pinterest.com/farmhouseonboone/_created/
Thank you to our sponsors!
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School of Traditional Skills is your shortcut to self-sufficiency, the simple way. Glean homesteading wisdom from a variety of instructors without ever leaving your home. Use my link bit.ly/FarmhouseSkills to take advantage of this amazing learning opportunity. Make sure you check out my class on lacto-fermenting vegetables!
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Listen to this podcast episode: https://anchor.fm/simple-farmhouse-life/episodes/155--Building-a-Homestead-That-Pays-for-Itself-and-Pays-You-Too---Leah-Lynch--Profitable-Backyard-Farming-e1pgucu
View full show notes and transcript on the blog: https://simplefarmhouselifepodcast.com/2022/10/20/episode-155-building-a-homestead-that-pays-for-itself-and-pays-you-too-leah-lynch-profitable-backyard-farming/