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September 13, 2019 18 mins

When Christian and I first started out, we were relying on his single income as an electrician.  By staying out of debt and focusing on doing anything we could do to earn extra money, it allowed us to build our homestead piece-by-piece.  Regardless of where you’re at financially, it’s possible to get into the homestead game.  Before you begin on your journey there’s some key things you should know.  First and foremost, it’s going to take a serious amount of discipline along with rock solid intent.  Second, there’s no right or wrong way to do this.  Listen today to find out how Christian and I managed to make our dream a reality and learn some tips and tricks so you can do the same.

Some highlights from the episode: 

  • Why staying out of debt is key for success 
  • Why you should buy everything used 
  • DIY everything you can 

If you're ready to begin this homesteading journey, head to http://www.theprairiehomestead.com/grow to access my full library of resources to guide you down the path.


OTHER HELPFUL RESOURCES FOR YOUR HOMESTEAD:


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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome to the old fashioned on purpose podcasts.
Okay, so when we started ourhomestead 10 years ago, we were
on a crazy tight budget and justone income.
However, we still managed tobuild out our homestead buy a
tractor and even get our firstmilk cow.

(00:21):
This episode is going to tellyou exactly how we did it and
how you can do it too.
I'm your host Jill winger, andfor the last 10 years I've been
helping people just like you whofeel uninspired by modern life.
I'll show you how to leave therat race and create the life you

(00:41):
really want by growing your ownfood and mastering old fashioned
skills.
So things were tight when westarted homesteading.
We had our very first mortgageas newlyweds with land and this
tumbledown farmhouse.

(01:02):
I know some of you have seen thepictures I shared over the years
on social media and my blog, butit was not exactly a turnkey
property when we bought it.
There were fences to fix,outbuildings to completely redo,
and pretty much everything onthe property needed some TLC.

(01:22):
So not long into our homesteadjourney.
I had actually quit my job intown because we had a new baby
and I just couldn't justifypaying for daycare and driving
back and forth.
Not to mention I just wanted tobe home with her and my husband
Christian was working in town,so he had a good job.
He was an electrician at thetime, you know, not crazy high

(01:45):
paying by any means.
But it was a decent job.
And our goal at that point inlife was all about being as
frugal as possible.
So we were a super tight in ourpersonal budget, but we also had
to factor in all the extrahomestead expenses.
There was definitely a littlebit of a dance going on.

(02:06):
Now just a little side notehere, things are different for
us now and what shifted betweenthen and now is that we built
some businesses.
Our businesses that now supportour family and support our
homestead are the blog of theprairie homestead, which many of
you are probably alreadyfamiliar with.

(02:27):
And we also have a doterraessential oil business, which
believe it or not is our breadand butter.
And we spent about six yearsbuilding that to the point where
it is today and that is our mainsource of income.
So I'll go into how we built thebusinesses and why we built the
businesses in a differentepisode.

(02:48):
But I just wanted to let youknow that even though things
have shifted for us and we're ina different financial situation
now, at the beginning we werethe typical newlyweds with not a
whole heck of a lot ofdisposable income, but even
before our businesses took offor were even conceptualized, we

(03:10):
were able to accomplish a lot onour homestead.
And you can too, regardless ofwhere you are right now
financially.
So here are my best tips forstarting a homestead on just one
income.
So number one's a biggie andyou've heard it before, but
you're gonna hear it again.

(03:30):
Stay out of debt.
Now I feel like these days,that's kind of a common theme we
hear a lot of people talkingabout.
But let me tell you, when westarted our journey a decade
ago, it wasn't exactly popular.
So we kind of got into this debtfree mindset thanks to Dave

(03:52):
Ramsey and his total moneymakeover book.
We never went through one of hiscourses or we hardly really
listened to his radio programcause we never could find it on
local radio.
But we got his book and wefollowed his principles to a T
and that really set us up forsuccess.
Now looking back, you know wherewe are now, it all looks pretty

(04:15):
glamorous and exciting and we'reable to do the projects we want.
But it really wasn't fun at thebeginning and you have to be
really committed to making thesacrifices to get where you need
to be later.
So Dave always says live like noone else now so you can live

(04:35):
like no one else later.
And that living like no one elseat that beginning phase is not
exactly fun.
So back when our friends werebuying new cars and all sorts of
toys and going on fancyvacations, we stayed home and
drove a$2,000 Ford Taurus with abig old dent in the side.

(04:58):
And that was our main driver foryears.
We were very frugal.
We never bought anything onpayments or with credit cards.
It was always cash all the time,even though it meant that the
things we purchased weren'tshiny and new and they had some
dents and required a little bitof maintenance.

(05:18):
But because we were committed tostaying out of debt and not
getting into payments after wepaid our bills, you know, the
mortgage, the electrical, so on,we could use whatever leftover
money we had to either put intosavings or do homestead stuff.
And that is what enabled us tobuild our homestead bit by bit.

(05:41):
So a little side note, we didhave a mortgage, as I've
mentioned, that was the onepiece of debt that we were
willing to take on.
However, we were very committedat that point to paying off the
mortgage early.
And we actually ended up payingit off, I believe it was in 2016
maybe 17.

(06:02):
We paid it off.
So less than 10 years into themortgage, we saved and saved and
saved and put more money down asmuch as we possibly could and
eventually paid it off.
But Dave's recommendations areusually that, you know, a
mortgage as long as the interestrate is good and you're not
doing any wacky payment stuff,it can be a tool to help you get

(06:23):
into a home.
And then you had that goal ofpaying it off early.
So I just want to offer a bit ofencouragement at this point
because I know sometimes whenpeople hear our story of being
debt free at the beginning, I'mstaying debt free.
A lot of folks start to feel bador as if the story won't apply

(06:44):
to them.
But here's the deal folks, evenif you are knee deep in debt
right now, credit cards, carpayments, whatever, there is
hope and you can still have thisbe part of your story.
There are tons of stories ofpeople paying off massive

(07:04):
amounts of debt.
A lot of them use Dave Ramsey'smethod.
There's other methods out there.
It just takes the sacrifice andconsistency.
And no, it won't be fun at thebeginning, but if you're
committed to homestead goals orreally goals of any kinds, you
can do it and you can getcreative and you can get
innovative and figure out how toeither take on odd jobs or do

(07:28):
what it takes to get thosepayments gone.
And let me tell you, it is soworth it.
I do highly recommend DaveRamsey's book, the total money
makeover.
I'm not an affiliate, I'm just ahuge fan of it.
I know he has some courses thatare good too, so definitely
check him out if you haven'tbeen familiar with him thus far.
And even though today ourfinancial situation is

(07:51):
different, we have more incomethat's a little more relaxed.
We still follow the sameprinciples we did 10 years ago.
We still don't do car payments,we still don't put anything on a
credit card and we still don'tspend more than we make.
We're always living within ourmeans, buying used, staying

(08:14):
frugal, and it continues to payoff.
Okay, so tip number one, stayout of debt.
Tip number two, buy everythingused.
And I know many of you arealready really good at this, but
this was our magic tool toalways pay cash and buy used

(08:36):
everything.
So we drove older vehicles, evenif they had a little bit of rust
or some dealings.
Our first horse trailer that westill have and still use was
just a couple thousand bucksbecause it was older and it had
some rust and a few little dingsin it.
But it worked great and stillworks great.
Our first tractor was a 1960smodel.

(08:58):
Again, usable and solid but notnew and shiny.
And we followed this principleof buying used and paying cash
for almost every single thing inour life.
Buying used prevents you fromgetting all the depreciation of
that new object and it willenable you to get what you need,

(09:19):
whether it's vehicles or toolsor whatever, faster without
spending more than you canafford.
So to this day, I still alwaysshop used first.
So for example, Mesa, ourdaughter is in 4-H and she is
doing horse 4-H and needsEnglish riding equipment, an

(09:41):
English riding saddle, English clothes.
That's a whole, set up, it'skind of kind of overwhelming.
So when we went to the tackstore and looked at English
saddles for youth, they wereabout$700.
Now, if this becomes herfavorite passion of her entire
life and she's going to go writeEnglish professionally, I have

(10:05):
no issue investing in the topnotch quality stuff.
But let's face it, she's nine,she's going to be a Wyoming fair
.
It's not exactly highcompetition in the English
riding world.
So we went on to some onlineFacebook buy and trade groups
and found her all sorts ofamazing English gear for super

(10:27):
cheap.
We got her the perfect saddlefor a 150 bucks, which is so
much better than spending$700and we also were able to grab
bridles and her little jacketand boots and all the gear super
affordably.
So whether it's clothing ortractors or trailers or even

(10:48):
like baby items or kids closed,I love buying used.
It has saved us thousands andthousands of dollars over the
years.
Okay.
Tip number three for creating ahomestead on one income.
So we were and still areobsessive do it yourselfers I

(11:13):
know we are a little bit crazy.
I will own up to that.
But learning how to do stuffourself is what allowed us to
build and create what we neededon a budget without spending a
ton of money to hire people todo it for us.
Because when you start payingfor a lot of that Labor, the

(11:35):
bill racks up really fast.
Now I just gotta say though,even though we love doing things
ourself, there is absolutely atime and place to hire a
professional.
For example, if you don't knowmuch about electricity, it's
probably not a good idea toyoutube how to wire your house,

(11:58):
right?
There is absolutely a time andplace to hire someone who knows
their stuff and it will actuallysave you time and money and make
it a whole lot safer.
But that being said, there areplenty of things that you can do
yourself or learn how to do thatcan save you a lot of cash.
And if you don't have thoseskills right now, figure out how

(12:22):
you could learn them.
And that might be as simple asgetting a book from the library,
watching a video on youtube, orfinding someone local or a good
friend who can show you theropes.
This alone has enabled us tobuild the infrastructure of our
homestead much more quickly thanwe would have if we were paying

(12:44):
a contractor for every singlepiece.
Now if you're still feeling alittle uneasy about this, you
don't have the skills and you'renot sure if you can learn them.
My fourth tip will help withthat.
So tip number four to build yourhomestead on a budget is to
barter.

(13:05):
If you don't have skills andyou're not sure you're going to
be able to learn them in thetimeframe timeframe you need to,
you can potentially barter withsomeone who has the skills and
can help get your projects done.
Now bartering can actually gofar beyond just skills.
It can go into all sorts offoods or other equipment.

(13:28):
In the past, we've traded goatsfor cows, meat for vegetables,
and Christian's skillsets forhay for our cattle.
And that was a crucial piece atthe beginning for us.
And that enabled us to save alot of money when the budget was
really tight.
You know, hay was a big expensefor us back at the beginning and

(13:49):
when he could go help wiresomething for the neighbors or
work on their pivots and thenwe, they would pay us in hay.
That was like the most amazingthing for us.
It was a game changer.
And so your skills may bedifferent, but really get
creative and if you have anysort of homestead group in your

(14:10):
community, start digging intothe folks you know that are
around you and figure out whattheir talents are, what your
talents are and how you can swapand help each other out.
Okay, so we're winding down,coming to the last tip for
homesteading on a budget.
This is my favorite one.

(14:31):
Number five is get creative withsmaller income streams.
And this idea of figuring outhow we could create more income
on the side is what eventuallylaunched our businesses that now
are our bread and butter.
And have really transformedevery part of our life.

(14:55):
Back at the beginning before wehad our blog and doterra
business, we did all kinds ofcrazy stuff.
I cleaned bathrooms at the localbusiness building, Christian
would help people wire stuff oryou know, build things on their
properties.
And my personal favorite, weactually started a bullet

(15:17):
casting business in our littleshop and that gave us just
enough what we would call funmoney that we could tuck away
and use when we needed to buyfence posts or something for the
tractor or a new cow orwhatever.
Now it wasn't glamorous and itwasn't super fun.

(15:38):
I remember back in the day, youknow, we had to be committed to
it.
If we wanted to build thehomestead and get the fencing,
we had to cast those bullets sowe would put our baby to bed.
Mesa was our only child, she wasjust a baby at the time.
We put her to bed in the eveningafter Christian got off work,
we'd go out to the shop.
It was usually freezing cold.

(15:59):
So we'd try to build a fire andget it heated up in there and he
would cast bullets and I wouldsit on a bucket and sort bullets
into buckets.
And it was loud.
So we had to wear earplugs andwe had to wear gloves cause we
were handling lead.
It was not my favorite, but youknow what?
It gave us a lot of options whenit came to getting what we

(16:22):
needed for our homestead.
So I'm really, really thankfulfor that portion of our life.
And now of course, I'd muchprefer having the different
businesses that we have now, butsometimes at the beginning you
just gotta do what it takes toget to where you want to be.
And that's it guys.
There's really no magic bulletto this.

(16:44):
It's just a combination ofcreativity, ingenuity, and when
you combine those thingstogether with a little bit of
commitment and resilience,anyone can homestead on a budget
and with one income as long asyou go slowly and live within
your means.

(17:05):
And that's it.
My friends, thank you forlistening.
I hope this gave you some ideasof how you can create the home
study you want within your ownfinancial situation, and
remember, your journey won'tlook like ours and you don't
have to start your homesteadjourney buying a crazy
tumbledown farmhouse in themiddle of Wyoming.

(17:26):
Your homestead journey can be onthe property you have now, or in
your apartment or in yoursuburban backyard.
There is no right or wrong wayto do this.
You get to create what you wantand make it as magical as you
can imagine.
So that's it.
Thanks for listening.
And if you have a minute, Iwould be so honored to have you

(17:49):
and leave just a quick review oniTunes so more people can find
this podcast and bringinghomesteading into their lives.
I'll catch up with you next timeon the old fashion on purpose
podcast.
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