I’ve shared many stories of people who have opted out of the rat race, but some of them had saved money to do so? But what if you haven’t?
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Welcome to Episode 22! Today, I’ll deal with a caller’s frustration on how to start a homestead or farm with no money.
So, I got this call in from a listener a while back and haven’t had a chance to center an episode around it yet. In the call, you can really hear his pain and heartfelt desire to live freely in the country.
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But, while he has really enjoyed the stories I’ve shared of others who have “opted out,” his perception is that they (and I) made enough money in the corporate world to afford to do so.
What he wants to know is how can people with no money afford to live freely in the country.
It’s a struggle I hear all the time, and today I provide as much help and as many ideas as I can, including the six macro categorical options, at least as I see them.
- Have savings
- Inherit land or money
- Pay as you go
- Borrow money
- Raise money
- Get someone to give you money
I dive deep into the ways to get money, from conventional bank and USDA loans to crowdfunding, venture capital, government grants and more.
If you’re looking for ways to find money so you can start your farm or homestead, you won’t want to miss this. So grab some coffee and pull up a chair!
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Resources Relevant to This Episode
- How to Make Money Homesteading by Tim Young
- Start Prepping by Tim Young
- The Accidental Farmers by Tim Young
- No Risk Ranching by Greg Judy
- New Farmers USDA Grants
- List of all USDA Grant Winners in 2016
- SARE Grants
- ATTRA Grants Calendar
- Get the Free eBook: The Self-Sufficient Road Map
- Story written by Tim Young