155. Build a Homestead That Pays for Itself (and Pays You Too!) | Leah Lynch | Profitable Backyard Farming

Simple Farmhouse Life

Lisa Bass

Leisure, Home & Garden

4.9 • 1.9K Ratings

🗓️ 20 October 2022

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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.

CONNECT

Leah Lynch | Website | Instagram | YouTube | Facebook

Join us in the Simple Farmhouse Life Facebook community!

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome back to the Simple Farmhouse Life podcast. Today, I'm in my kitchen,
0:04.3	but I'm going to be heading out to the cottage to talk with Leo Lynch. We are going to talk about
0:10.6	treating your homestead with a business mindset and making it make sense monetarily.
0:17.2	We have this idea that homestead, well, actually, you may come from one or two camps. One,
0:22.4	you might be like, well, of course, it's going to pay off me doing all this hard work.
0:26.0	And then some people know that homesteading can actually be really expensive with all of the
0:31.2	infrastructure and the feed costs. Sometimes you end up spending more money than you earn back.
0:36.4	And so we're going to talk about setting goals, tracking expenses, doing certain things that are
0:43.0	really wise in order to make it pay for itself. She's also going to go into a little niche that
0:48.4	she's carved out that has allowed her to earn quite a bit of money from her homestead only on one acre.
0:55.8	So if that is something that's interesting to you, let's dive into this conversation with Leo Lynch.
1:01.1	My name is Lisa, mother of seven in creator of the blog and YouTube channel Farmhouse on Boone.
1:06.7	Join me as I share with you my love for creating a handmade home from scratch, cooking,
1:11.4	and a little mom and entrepreneur life along the way.
1:19.6	Well, hey, Leah. Thank you so much for agreeing to come on the podcast and talk about
1:24.4	having a profitable homestead or at least one that doesn't cost you more money than what you're
1:29.6	even getting in return. I think this is a really needed topic idea. Let's start with intro. So tell
1:35.3	us about you, your blog, and your mission. Yeah, so thank you for, you know, just having me on here
1:40.6	and hopefully I can bring some value to your audience as well. So a short of it is just wanting to
1:47.3	help other people cultivate a country lifestyle that they want, but it doesn't also leave them
1:52.6	broke and burnt out. And so it kind of stemmed from seeing so many people they get into all of this
1:58.3	stuff. And, you know, in a year or two, they're just so tired and, you know, like they kind of lost
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Lisa Bass, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Lisa Bass and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.