If we do, then we get to keep our number. In our area, we have to agree that we can make $10,000 in 5 years. This is a big help when you go to purchase any type of store bought feed.īut after three years, you then have to begin to meet quotas in order to keep your farm tax id. Then you use that farm tax id to bypass taxes on any items you purchase that are farm related. We basically get a free pass for the first 3 years where we don’t have to meet any certain quotas. You’ll have to check with your local government to see what is available in your area.īut in our neck of the woods, we have to have a farm tax id. There is added expense to running your own hobby farm and unfortunately, not a lot of tax breaks. ![]() Though hobby farming sounds like all rainbows and sunshine, honestly, there are some drawbacks to this way of life too. What is NOT so Great about Hobby Farming: Then if things get bad again, you won’t have to fret as much about basic necessities because you’ve got those covered. It just means that while things are better in the economy, you are spending less money. So being self-sustained, is never a bad thing. It definitely made us more aware of how bad things could get and just how quickly they could get that way. Because even then, we began making our own dog food, our own laundry detergent, and eventually our own baby food when our son was born. Though this was before our leap into self-sustainability, I think it was the baby steps that got us to where we are today. Neither of us lost our jobs (thankfully), but we lived in a subdivision at the time and every day it seemed a new home was being foreclosed on. We got married right around the time the housing market crisis happened. My husband and I learned this the hard way in our earliest years of marriage. This is called becoming more self-sufficient.Īnd if the economy crashes again, you’ll wish that you were more self-sustained. Obviously, the more you raise of your own the less you have to buy. So even if you just start a small hobby farm, you will still feel some of the benefits when you eat that first homegrown tomato (there is no comparison in my mind), or you eat that first farm fresh egg. Plus, now that I know how simple it is to grow my own vegetables, I feel silly when I go into a grocery store and pay such high prices for food that I know won’t taste as good as what I’ve grown. If the whole world grew just a portion of their own food, could you imagine just how much healthier we would all be? I personally think if you are physically able to do it, you should. ![]() So if you are considering raising your own food, make sure your heart is in it because if it is, you may have just found your latest stress reliever. No matter what kind of day I’ve had elsewhere, I can go for a walk outside among my plants and livestock, and I suddenly feel like I can breathe again. When I take the dogs out first thing in the morning, I listen for my chickens and ducks. ![]() When my feet hit the floor in the morning, I go to the window and check on my goats out on the pasture. However, I don’t plan on quitting anytime soon because it is my therapy. I could quit tomorrow, and I’d have to make a new budget, but I’d still have a job and so would my husband. I had never really considered myself a ‘hobby farmer’ because when I’m out on my tractor, I really do feel like the big farmers that make their living that way.īut in reality, it is a hobby. It is kind of nice to be able to save your paycheck for other things instead of spending it all or in part at the grocery store. That is our meat and potatoes.īut our farm allows us to not spend our money on food and instead use it in other areas of our lives. My husband still has a town job, and I work from home as a writer. However, we don’t make a full-time income from it. We raise our own meats, fruits, and vegetables to feed our family and make a little extra money.
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