Best way to make money off a lifestyle block?

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4 years 10 months ago #547087 by UoutGuanto
Loving how you guys share these topics. I learn from the best.

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4 years 10 months ago #547098 by Mudlerk
I have always believed that the best way to get ahead moneywise is to avoid spending as much as you can. A lifestyle block can be a bottomless pit of expenditure...or it can be a way to NOT need to buy things like food, heating supplies, etc. Our biggest savings have been on firewood, meat, and stuff from the garden and orchard. Until I got too fragile, we cut our own wood and grew our replacement trees from [free] seed. We have spent money on fruit trees and homekill butchers, but these don't take long to return a clear profit: admittedly, 3 to 10 years for fruit, but only months for veges and livestock. [You only have to keep an animal for 28 days before sending it off to slaughter.]
The following user(s) said Thank You: max2

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4 years 10 months ago #547099 by LongRidge
The problem with keeping one animal for 28 days is keeping it in when it is by itself :-). I prefer to buy an animal species that I already have, so that I don't have to wait for the 28 days :-}. The "Iron Disease" that men get is a huge expense.

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4 years 10 months ago #547107 by Nora
Old thread I know, but we rent out our spare rooms, and our paddocks to horse grazers for the last two years which has gone well. People who want to rent rooms here tend to be overseas visitors with short-term work visas, or older NZers with changes in life circumstances.

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4 years 10 months ago #547117 by Mudlerk
I agree...after an initial mistake, I always bought a pair of heifers if I wanted some beef.

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1 year 2 months ago - 1 year 2 months ago #558495 by Balletrist
I stumbled upon this forum post while doing some research on how to make money off a lifestyle block. Although this post is from 3 years ago, I still think it's relevant today as many people are looking for ways to earn extra income. Personally, I've found that one of the best ways to make money online is through bingo cash games. I recently came across a website called joywallet.com that has a review on one of the best online platforms for playing bingo cash. If you're interested, you can check out it here: joywallet.com/article/bingo-cash-review/ . Of course, there are plenty of other ways to make money off a lifestyle block depending on your skills and interests. For example, you could try selling homemade products, offering farm-to-table experiences, or even renting out your property on Airbnb.
Last edit: 1 year 2 months ago by Balletrist.

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1 year 2 months ago #558497 by tonybaker

how to make money off a lifestyle block. Answer - Get a Job!
 


5 acres, Ferguson 35X and implements, Hanmay pto shredder, BMW Z3, Countax ride on mower, chooks, Dorper and Wiltshire sheep. Bosky wood burning central heating stove and radiators. Retro caravan. Growing our own food and preserving it. Small vineyard, crap wine. :)

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1 year 2 months ago #558521 by max2
Short term accomodation is definitely popular in our area.  No worries re the healthy homes rule.

A semi absent neighbour is even converting old sheds into ''single mens/people quarters'' and getting tenants looking for something reasonably priced.   But then you run the risk of being put into the tenancy tribunal if things sour...
 

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7 months 1 week ago - 6 months 4 weeks ago #559216 by GiselleGarcia
You could also consider growing specialty crops or raising unique livestock. Sometimes, it's the niche products that can make a big difference in your income.  And don't forget about online sales. Whether it's homemade crafts, fresh produce, or farm-fresh eggs, the internet is a great platform to reach a broader audience.  Remember, it's not just to make extra money (  wealthynickel.com/how-to-make-an-extra-1000-a-month/ ); it's about enjoying the process and sharing the beauty of your lifestyle block with others.
Last edit: 6 months 4 weeks ago by GiselleGarcia.

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