Living on a homestead is an amazing experience if you think you can hack it. To be able to survive, and hopefully thrive, off of your own land is an amazing experience. You can grow your own food and build what you need, but the harsh reality is that you will still need money.
When it comes down to it, if you want to be in the 40% of homesteads that succeed, you will need to make money to pay taxes on your land and a few other bills that you probably can’t avoid. You will also need to consider the savings you might need for medical expenses and other unforeseen emergencies along the way. You will need to have some way to make money if you expect to do well on your homestead.
With a little imagination, you can find plenty of ways to make money with things that you are already doing or producing. You can also sell the knowledge that you have gained along the way. I have also seen people make money online from their homesteads if they know what they are doing. Here are a few of the most popular ways to make a few extra bucks on a homestead.
Sell Farm Fresh Eggs
Chickens are a staple for most homesteads, providing both meat and eggs to your diet plan. Fresh eggs that are not produced from chickens that are pumped full of who knows what is one of the benefits of producing your own food. Many people would love to benefit from your chickens without having to raise anything themselves. Raise a few extra layers and sell the eggs by the dozen in front of your homestead!
Sell Some Chicks
To stick with the chicken idea, backyard homesteads are a huge trend right now. People are looking everywhere for chicks they can raise to lay eggs of their own. If you have a rooster, you can hatch a few of the extra eggs you have and sell them to people looking to start producing their own backyard homestead.
Sell Meat Animals
One of the big reasons people consider homesteading is because they can raise their own meat animals and know they were treated responsibly. People are willing to pay premium rates to purchase meat that they feel much safer eating, like yours.
Sell Wool and Fiber
There is a huge market for raw natural fibers these days, and you can take advantage of it. Alpacas, Sheep, and angora goats all produce valuable wool that only cost a fraction of your profits to raise. You can throw up a quick pallet shelter and some fencing as a weekend project and have some Alpacas by the end of the week!
Breed Your Livestock
At some point in your homestead, you had to go out and buy two of the animals that you have now. Take advantage of that and sell your babies to those looking to get started themselves. As long as you know what you are doing, you can sell them off before they cost you much of anything to feed.
Sell Fresh Produce
You are probably growing your own produce within your homestead, so growing extra to sell shouldn’t be too difficult. As long as you have the land, you can just open up some more room and add it into your routine.
Sell Garden Transplants
If you are growing your own produce, then you are probably an expert at getting your vegetables started on time. Luckily for you, most people are lazy and would rather buy transplants that you have started for them so they can get a head start!
Sell Stuff Online
As I mentioned in the post above, selling things online can be a great way to make a little extra money. Take advantage of your adjustable schedule and sell products you have experience with online. I have found decent success in selling wool, yarn, and crossbows.
Run A Farm School
Trust me, there are plenty of people out there that will pay to learn from your experience. I paid a good amount to learn everything I could from someone who had raised alpacas for many years before I got started. This helped save me from the years of making my own mistakes to learn what they taught me. You can offer classes on homesteading, soap making, knitting, spinning, raising chickens, or just about anything else that you have experience with.
Provide Stud Services
Many people, like me, don’t want to deal with the hassle of keeping a male animal on the farm. I would rather pay to have a stud come and breed my female alpacas each year than to build another shelter and open land for them to graze. Many people who raise Alpacas, goats, and horses feel the same. If you have a high quality male, you can fetch a “pretty penny” by providing stud services.