6 Things To Do When You Start A Homestead Business

Turn A Hobby Into A Profitable Business To Do Whatever You Want!

So when you start a homestead business, you’re going to have some extra cash flow each month that you didn’t have before.

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To be honest, I’m a good money manager, but when I didn’t have any money, I didn’t have any to manage.

What about you? Am I alone in thinking that way?

If you’re familiar with Dave Ramsey, I have learned a lot about earning and managing money.

For example, many years ago, Dave reviewed the book entitled, The Unlikely Entrepreneur: Plan To Achieve Self-Support (out of print).

And while I don’t love business plans, spreadsheets and financial projections, I do think it’s important to have a plan for your rural money.

That’s why I want to give some quick ideas of what you can do with the extra cash flow each month when you start homesteading as a business.

6 Things To Do When You Start A Homestead Business

1. Pay Down Credit Card Debt

You can throw some extra money at your debt to help get it gone faster so you aren’t paying the crazy interest rates.

Over the past decade, I paid off over $65,000 of debt by creating multiple income streams!

2. Pay Off Your Student Loans If You Can Wait On President Biden

Or, if you meet certain requirements, you can have your student loan CANCELLED!

3. Pay For Vacations

You CAN use money for fun things, too and not go into debt for vacation. When you sign up for my newsletter: HOW TO MAKE MULTIPLE STREAMS OF INCOME IN RURAL AREAS, you will learn my 25 WORK FROM YOUR RURAL HOMESTEAD STRATEGIES to become self-sufficient and earn long-term income streams.

Rural money income opportunities or income streams is used to pay all of my bills, put food on the table and vacations.

So, anytime you want to go on vacation, sell something on or offline to pay for it.

You would be surprised where you can travel when steady rural income streams are flowing in.

Also Read >>> 8 Hobbies That Make Rural Money

4. Save For A Big Purchase

Want to buy your first rural homestead?

Start homesteading as a business and start saving.

Before you know it, you will have enough for a down payment or pay for it in cash.
Your own homestead is where you can make a lot of money and some memories with and for your children.

5. Save For Your Children’s College

I can’t say it enough to start homesteading as a business to put money away for your child’s college fund.

6. Save Some Extra Money During Retirement

Many of us homesteader business types have retired from the corporate world, but we now enjoy making money from our homestead, instead.

I know there are more things that I could add to that list because there are litterally thousands of ideas on RuralMoney.com.

However, the point is this: An extra $500, $1,000, or $2,000 a month could make a huge difference in your rural lifestyle!.

You Might Like >>> How To Take Your Homestead From Hobby To Profit

If your interested in getting creating multiple streams of income on your homestead or buying a homestead in the near future, here’s where to go:

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