Greetings frugal friends! This is Part 2 in our Frugal Homestead Series, which explores the finer points of how we’re going to reach our version of financial independence and move to a homestead in the woods in 2017 at the age of 33. Mrs. Frugalwoods and I plan to buy 20+ acres of wooded land, likely with an existing home and outbuildings, in rural southern Vermont.
In The Frugal Homestead Series Part 1: Why The Woods?, Mrs. Frugalwoods discussed the origin of our homesteading aspirations and answered the question of what makes two young, urban hipsters who’ve lived their entire lives in cities and suburbs decide to up and move to a rural plot of land. If you haven’t read Part 1 yet, you might want to check that out first.
Today in Part 2 of the series, I’m addressing our projected homestead income and expenses, and demonstrating our diversified plan for revenue generation starting in 2017 when we’re homesteading it up.
Continue reading Frugal Homestead Series Part 2: Here’s The Budget at Frugalwoods.