How to Homestead on a Tight Budget - 20 Tips to Help You (2024)

by Tiffany Davis 7 Comments

Do you have a homesteading dream but not sure how you can do it with your current finances? Well I’m hear to tell you that you can homestead on a tight budget! It really isn’t about how much money you have to spend, it is about getting creative, starting slowly and building up as you go.

How to Homestead on a Tight Budget - 20 Tips to Help You (1)

You don’t need to break the bank to start homesteading. I have a few tips to help you in several homestead areas to get you on the road to homesteading on a tight budget. Remember the saying, Rome wasn’t built in a day? Keep that in mind; you don’t need to do it all right from the start! Do what you can afford in both time and money and add as your schedule and finances allow.

GardeningHow to Homestead on a Tight Budget - 20 Tips to Help You (2)

As a homesteader, a garden in the pinnacle of self-sufficiency. It is a great place to start for every homesteader and finances don’t have to keep you from gardening.

  1. Start Small
    This can be in fabric pots on your porch or a 4×4 raised bed. You can, of course, dig out a garden right in your dirt but I recommend you have your soil tested first (especially if you’re in an urban/suburban area). Starting small will also allow you to see how this will effect your water bill.
  2. Plant Only What You Already Eat
    When you’re on a budget you don’t want to get too experimental with the veggies you’re planting. You want to be sure if you grow it, you’ll eat it. So start out with the vegetables you already eat, which will HELP your grocery budget during harvests.
  3. Start with Seeds
    Transplants are great but they’ll cost you more. Start with seeds for a more budget-friendly garden. Buy quality seeds, that is worth the investment.
  4. Make Sure You’re Planting at the Right Time
    One of the biggest mistakes new gardeners make is planting during the wrong time of the year. Find out what what your planting zone is and get a planting calendar for your area.

CompostingHow to Homestead on a Tight Budget - 20 Tips to Help You (3)

A compost pile will actually save you money as a homesteader / gardener. You’ll be making rich, healthy soil from kitchen and yard scraps, instead of throwing them away!

  1. Think DIY
    Make aDIY Compost Bin instead of buying an expensive tumbler.
  2. Check Out Craigslist
    If you don’t want to DIY check our your local Craigslist, thrift stores or yard sales for compost containers you can buy on the cheap.
  3. See What Your City Offers
    Many cities offer FREE compost bins to their residents! Call your trash or recycle department and see if they have a program.

Livestock

How to Homestead on a Tight Budget - 20 Tips to Help You (4)

Most homesteaders what to raise livestock for meat and dairy. You can still do this on a tight budget!

  1. Go Small
    Smaller livestock eats less, takes up less space and may be easier to DIY their living quarters. Consider meat rabbits and quail as your budget-friendly starter livestock. Chickens and goats are great but you’ll need more space, equipment and feed for them.
  2. Start with Babies
    Young animals that are not producing a food source yet will be less expensive that an adult. Yes, you’ll have to feed them awhile without anything in return but the initial savings will make up the difference pretty quickly.
  3. Reuse Materials to Create Livestock Enclosures
    Instead of spending a lot on fancy equipment, look at reusing and recycling materials. You do want to make sure you don’t use treated or toxic materials that could harm your animals.

Canning

How to Homestead on a Tight Budget - 20 Tips to Help You (5)How to Homestead on a Tight Budget - 20 Tips to Help You (6)Canning is an amazing way to preserve your harvest and will be savings in itself as you begin to eat from your own pantry. The initial and on-going investments and feel a little overwhelming but you can do it with a few tips!

  1. Start with Water Bath Canning How to Homestead on a Tight Budget - 20 Tips to Help You (7)
    Pressure canners can be expensive but a good water bath canning set is very reasonable. You may be surprised at how much you can preserve with the water bath method. I do HIGHLY recommend you have the latest copy of the Ball Complete Book of Home Preservingfor safety and current recipes.
  2. Buy Jars On Sale
    When the big canning season ends a lot of stores will put canning supplies on sale! So after the summer, in most areas, check out your local stores for sales and stock up.
  3. Consider Sharing Equipment
    If you and a friend both want to can, consider sharing the costs of equipment and supplies. I love canning with a friend too so that’s a win!

Dehydrating

How to Homestead on a Tight Budget - 20 Tips to Help You (8)How to Homestead on a Tight Budget - 20 Tips to Help You (9)Another great way to preserving your harvest is to dehydrate it. From drying herbs to make jerky! When you are trying to homestead on a tight budget you don’t need to invest in an Excalibur Dehydrator. I have a Nesco and have been very happy with it.

  1. Don’t Buy Dehydrator Right Away
    There is a lot of dehydrating that can be done in your oven! You can use your oven as a dehydrator without much modification at all.
  2. Thrift Is Your Friend
    A lot of people get a dehydrator or are gifted one and they don’t use it. Check yard sales for great deals on a dehydrator.

Property Isn’t Everything!

  1. No Acres, No Problem
    There is so much you can do while you wait on that dream. See my article What to Do While You Wait on Your Dream Homestead.
  2. Start Where You Are
    Never let your current situation keep you from thinking you can’t do anything. There are even apartment-steaders out there!

Income From the Get-Go

Your homestead or backyard farm can make money very quickly. Here are a few ideas to help you get started.

Make Money with Chickens

Make Money with Backyard Meat Rabbits

More Ideas on Making Money from Your Backyard Homestead

Homesteading is never going to be free but you can homestead on a tight budget. Don’t let finances keep you from starting the journey; just make adjustments to meet your goals. I hope this shows you how you can homestead on a tight budget and still meet so many of your goals. One thing I’ve learned over the years is how resourceful homesteaders really are and finances won’t stop them!

Related posts:

How to Cut Your Homestead Costs40 Vintage Frugal Tips for Your HomesteadWhat to Stock Up on in OctoberHow to Freeze Milk For Later Use

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How to Homestead on a Tight Budget - 20 Tips to Help You (2024)

FAQs

How to homestead on a budget? ›

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 to live on a tight budget? ›

13 ways to save money on a tight budget
  1. Focus on small changes in various budget categories.
  2. Automate your savings into a high-yield savings account.
  3. Earn interest on your checking account.
  4. Use those three-payday months to save more.
  5. Keep a budget.
  6. Shop around for insurance rates.
  7. Refinance your mortgage.
Oct 19, 2023

How to homestead and make money? ›

Easy strategies for earning income on your homestead
  1. Selling Plant Starts.
  2. Market Gardening.
  3. Specialty Produce.
  4. Host Events.
  5. Rent Out Space.
  6. Educational Workshops.
  7. Farm Fresh Eggs.
  8. Logging, Firewood, and Woodworking.
Apr 3, 2024

Does homesteading really save money? ›

If you figure everything out, taking into consideration your time, energy, investment, etc., the cost ends up being fairly comparable, so it boils down to why you want to homestead. If it's just to save money, it may not be the best solution for you.

Is 1 acre enough for a homestead? ›

Is it possible to live off grid on an acre of land and grow all your own food? It's theoretically possible for a single individual to grow enough food on an acre to live on it. It's theoretically possible to grow enough for TWO people.

What state is the easiest to homestead in? ›

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 do I live like a homesteader? ›

In a nutshell, it includes subsistence agriculture, renewable energy sources when possible, home preservation of food, zero-waste living, and, depending on your skills, even homeschooling, and craftwork. However, you don't have to produce everything yourself to be a homesteader.

How do you plan a homestead layout? ›

Homestead Planning Things to Consider
  1. What is your homestead land boundaries?
  2. Are your pasture slopes anything 30° or less that will help you to avoid erosion issues?
  3. Where will you build your home? ...
  4. Where and what are your water resources?
  5. Where will your animals be placed?
Nov 30, 2022

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to live poor and save money? ›

How To Save Money Fast On a Low Income: Making Ends Meet
  1. Create a Budget. ...
  2. Open a Savings Account. ...
  3. Save Money on Bills and Utilities. ...
  4. Cancel Unwanted Monthly Subscriptions. ...
  5. Pay Off Outstanding Debts. ...
  6. Always Look For Deals. ...
  7. Change Your Financial Institution. ...
  8. Get A Side Job.
Jan 26, 2024

How can I live peacefully without money? ›

Bartering, or haggling, for food, is a great way to negotiate prices, add variety to your diet, and exchange items you don't want for things that are more useful. How to Barter You may find that people are willing to offer you food or goods in exchange for odd jobs such as window washing or lawnmowing.

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.

Why is homesteading a good idea? ›

Self-Sufficiency

One of the main reasons we started with the homesteading lifestyle was to provide our family with our own food. This makes us very self-sufficient. What is this? When we are raising our own meats and vegetables, we can preserve food to last us all year.

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.

Where is the cheapest place to start a homestead? ›

Arizona. A desert climate will be a challenge, but not an impossibility, for growing your own crops and farming the land. It's one of the cheapest (if not the cheapest) of all 50 states to buy land in, but you'll need to check whether the specific location you might have in mind actually allows for homestead building.

What are the disadvantages of homesteading? ›

Cons of Buying Homestead Property:
  • Limitations on Property Usage: Homestead laws often impose restrictions on the use and development of the property. ...
  • Reduced Mobility: Homestead property typically requires a certain level of commitment, as it may limit your ability to relocate or sell the property easily.

How much land do you need to run a self-sufficient homestead? ›

For the average family of four, you can expect to grow a year's worth of food on three to five acres. 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.

How much does it cost to live in Homestead? ›

CategoryExpenditure
Housing (Rent / Mortgage)$20,532
Other Housing$9,649
Miscllaneous$29,139
Total Annual Expenditure$101,140
4 more rows

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