Whether you’re looking for tips on frugal living, skills to be more self sufficient, or just want to learn more about simple living, you’re going to love these homesteading ideas. These 10 hacks will teach you how homesteaders save money in practical ways. Stop by for all the details.
People are always amazed when they find out just how little money we spend on…well…anything. They always ask, “How do you do that?” I think what they really want to know is, “How can I do that?”
Here are 10 things we homesteaders do that save us money and could save you money too.
1. Grow their own food
Homesteaders are well known to grow their own food including fruits, vegetables, nuts, meats, fish, eggs, dairy, herbs, wheat, and oats.
When you grow your own food, you don’t need to purchase food or pay for the fuel to go shopping.
How much do you spend on food each month? Multiply that by 12. What would your bank account look like if you didn’t spend that money every year?
Try it now: If you’ve never grown a garden before—start small. If you do grow a garden, try growing more than normal. If your bounty normally lasts until October, try to make it to November. If you don’t have acreage to grow a garden, try growing some foods inside.
2. Eat what they already have
Homesteaders generally eat what’s in their food storage. This is the one that’s not so obvious.
Think of all the times you don’t have time to cook, or you don’t know what to cook—so you just go get something or eat out.
Now think of all the food you throw away. Do left-overs spoil in your fridge? Do you find expired food in your pantry?
If you add these two up, it’s quite the price tag—even for frugal families.
Try it now: Next time you would normally go shopping, eat what you have for another week—unless you’ve really run completely out of food. If you would normally shop every week, try to go two weeks. Eat what’s in your fridge and food storage. I bet you’ll see a difference in your finances.
3. Reuse items
When friends buy laundry detergent in bulk, they give me the big square tubs and I use them to store my dried foods, flour, sugar, oats, and many other things in.
We never throw anything away if it can be used for something else. This keeps us from buying many items that we would otherwise need.
Try it now: Be aware of the things you throw in the trash this week. Try to reuse one thing each day before throwing it away. Diaper box? Let the kids play in it or draw on it. Milk jug? Cut the top off and grow radishes inside.
4. Own things
Homesteaders usually don’t owe money. They save up cash and buy what they need with it—like their land and home. When you don’t make payments, you aren’t paying interest.
Try it now: The first step to this is getting out of any debt. If you have debt, pay as much as you can as fast as you can and go without unneeded luxuries.
The next step is not buying anything you don’t need until you have the cash in your hand. Set up a special savings account, and make payments to the account each month instead of a lender. When you have the money, consider if you still want the item.
Related: Should I Start A Budget?
5. Use the library
Look at your bookshelf and pull out every book you’ve never read. Multiply that by the average price you pay for a book—that money could be in your bank account.
Homesteaders not only use the library for books but for the internet too (since they don’t have internet access at home.) Do you homeschool? Your library can save you a ton of money. My library has a list of every book in the state. If I request a book and am willing to wait the 1-2 weeks, I can borrow it for free. Most of my kids’ science books are obtained this way.
Try it now: See if you can stay off your internet at home and not buy any books for a week. Go to the library for any research, social media, or on-line ordering you may need. If you conquer this, try it for a month. You’ll probably find other things you want to do with your time. Consider if you could go without home internet service—and save a little on your electric bill too.
6. Walk or ride their horse instead of driving
Fuel is expensive. Walking, snow shoeing, and horseback riding are the way to get around out in the country. Even with SUVs and Diesel trucks, we don’t buy fuel very often—in fact it’s been six months since I fueled my SUV and it’s nearly full.
Try it now: Not everyone has a horse, I get it. Try riding your bike, taking the bus, train, or even car-pooling. You may surprise yourself at how much you don’t need your vehicle, and how much you save on fuel.
We don’t always have money—be we do generally have things that other people need. Why not trade? This is a weekly occurrence, if not more often. In the summer and fall, I can take my extra produce to the local market and get store credit for the other things we need (like coffee). Homesteaders trade food, services and items no longer needed.
Try it now: Need a house sitter? Try offering a service or talent of yours to someone to watch your house for you. Need your neighbor to work on your car? Offer to babysit his kids one night so he can go on a date with his wife.
8. Use it up, wear it out or make do
This is just what it sounds like. Clothes don’t get thrown away until they are worn out. That last bit of detergent doesn’t get tossed when the bottle gets low—it gets used. Don’t have enough baking powder for that biscuit recipe? Substitute or make a different recipe.
Try it now: Never throw away your clothes if they are still good. Try specifically to give them to someone you know (or barter?). If no one comes to mind, donate them in lieu of throwing them away. Turn those pants you hate into cute capris. Skip your next clothes shopping trip if you don’t need an item.
9. Have learned to be content
When I first got married, I wanted to build a new house down by the river. I also missed the swimming pool I had that I swam in every morning and wanted one of those. I never got either one. I now know I don’t have time to swim and take care of a pool, and I have fallen in love with this little farm house.
Homesteaders don’t purchase things unless they really need it. I am content and now happy with the layout of our farm. It would have cost hundreds of thousands of dollars to do what I wanted and I wouldn’t have been any happier.
10. Develop priorities
We don’t have time to do it all and buy it all.
It’s tempting to start another project in the middle of the current one—and then start another project while in the midst of the second one. But if you let yourself fall to this temptation, you’ve wasted money on unfinished projects that you can’t use.
Figure out what’s important and invest in that. Once that project is done, you may find your priorities have changed for the rest of your list.
Try it now: If you’ve already started house projects, don’t start any more until these are done. Then pick new projects one at a time to start and finish.
If your child suddenly wants to play every instrument, take dance, and play baseball, ask him/her to prioritize.
Whew! That was a lot. What can you pick off the list to try? Let us know if you’re willing to give one a shot and then check back and tell us how it goes.
After growing up and working in large cities like Sacramento and Chicago, Deborah met her Farmer through unusual circumstances and moved onto the original homestead settled by his family. From the fast paced life of trauma and heart surgery to the new challenge of living off the land, homeschooling, and women’s ministry; her world has taken a complete turn. Life skills have changed and so have finances–both in dramatic ways. Here Deborah shares the skills she has learned to adjust to a simpler, more self-sufficient, and frugal lifestyle.