Do you want to be a full-time homesteader but don’t know how to make enough money to quit your day job? The reality is that it is HARD to make a full-time income from a homestead.
Most people don’t do this unless they have several sources of income. But don’t let that put you off. Having multiple sources of income is one of the most financially savvy things a person can do because, in this day and age, job security is a thing of the past.
People are getting fired constantly; therefore, having multiple sources of income gives you the peace of mind you need to enjoy life on your homestead.
Homesteaders worldwide are making six figures off their land, and you can too. Here are some tips on how to do so.
Make Money Selling Duck Or Chicken Eggs
If you have chickens, you’ve probably got plenty of extra eggs even after feeding your family. People love to buy farm eggs because they’re fresh.
Depending on what your chickens eat and where you live, you can sell them for between $2.50 and $4.50 a dozen.
However, selling eggs won’t make you rich unless you have hundreds of chickens and lots of customers. Nevertheless, you can still make extra cash selling eggs.
Make Money Selling Dairy Products
People will pay a premium for goat’s milk, goat’s cheese, and other dairy products. If your cows and goats are grass-fed, it’s easy to find a market for them and sell them for a decent price.
But you can’t just start selling dairy products; depending on your state, you’ll need the necessary permits and licenses to get started. You will also need to read up about the regulations in your city to ensure that you’re following protocol.
Additionally, you’ll need special equipment such as cheese vats and curd cutters, pasteurizers to heat-treat milk to kill harmful bacteria, as well as packaging equipment.
Make Money Selling Fruits and Vegetables
One of the simplest ways to make extra cash on your homestead is by selling fruits and vegetables.
Once your fruit and vegetable garden starts growing and you have enough to feed your family, you can sell your surplus. There are a few ways to do this:
- Set up a table to sell fruits and vegetables at a farmers’ market
- Set up a produce stand outside your home
- Get an email list going or sell on your Facebook page
- Create a weekly CSA program during the growing season
One of the challenges with selling vegetables is that you’ll have to compete with other farmers in your area. You’ll need to find ways to stand out from the crowd. For example, you could try selling recipe cards for quick meals or salad kits.
Make Money Selling Mushrooms
Mushrooms are a high-yield crop, so you can grow plenty on your homestead. You can convert your garage, shed, or small barns into mushroom grow rooms. Growing oyster mushrooms is a great way to make money because they’re very expensive.
Oyster mushrooms sell at around $6 per pound, and you can produce thousands per year in a growing area of several hundred square feet.
For those looking for a more natural, low-maintenance way to grow mushrooms, shiitake mushrooms can be grown outdoors on logs. You can inoculate these logs for years with minimal effort on your part.
Make Money Renting Out Your Land
If you are new to homesteading, you may be unable to utilize your entire land immediately. However, you can still make money from your land.
Other nearby farmers will rent your land from you. They will use your land to graze their livestock or to grow their crops.
They will provide all of the equipment and harvesting. All you have to do is give them access to your land.
Make Money Selling Foraged Goods
Many in-demand plants and items take a lot of work to grow commercially. Depending on your location, you can produce some of these on your property. Wild mushrooms such as morels and chanterelle mushrooms are very valuable.
Truffles are always in high demand, so if you can grow them on your property, that would be a great source of income. Edible wild plants such as fiddleheads and ramps are also very popular, especially for their medicinal properties. Young willow branches are harvested for basket weaving and many other crafts. Pinecones are also a popular craft item.
Make Money Selling Homemade Preserves
Providing food for your family is beautiful, but you can take this to another level and start selling food for others.
If you love to cook and spend more time in the kitchen than anywhere else, and you’re good at canning and saving food, you may be the right person to start cooking and selling homemade preserves. Your customers will love the unique flavors they can’t buy at the grocery store. You can sell preserves like fruit jams, pickles, and chutneys.
Make Money Selling Heritage Poultry
While ducks, turkeys, and geese aren’t as common to breed as chickens, their meat and eggs are a much-loved delicacy. Of course, raising heritage poultry depends on your bird-loving nature because they are a unique type of bird.
If you want your ducks, turkeys, and geese to flourish, it also depends on how much land you have (including access to water). And don’t forget about the most impressive of the feathered friends, the awesome guinea fowl. They are wildly territorial and very noisy, but their eggs are delicious!
It’s possible to make a consistent full-time income off your homestead. All it takes is to be a little more creative about what you’re producing and selling.
The best way to get started is to focus on what you love doing. If you’re passionate about agriculture or gardening, grow crops.
If livestock is important to you, find a way to make money from them. But whatever you do, put your heart and soul into it, and you’ll soon reap the same rewards as the many homesteaders who have tapped into profiting from their land.
You may also like: