March 2017 Expense Report

We are frequently asked the question How much does it cost to start a homestead? so we thought we’d start a homestead expense report series. Every month we will document how much money we’ve spent on our homestead-related activities and also on running our household. This is to track both our own progress and also to give you some insight as what it costs to start a homestead from scratch.

March 2017 Summary

Even going into March, I believe we still had a bit of snow on the ground. I don’t think our snow left until sometime mid to end March. Oh, now I remember, the snow all melted at once and resulted in an epic state of emergency for our region complete with landslides and road closures!

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We poked our heads out this month to see what type of trouble we could get into.

We were still both deep in our winter activities of becoming a Master Gardener (Alyssa) and getting through ground school and flight lessons (Jesse), so even though it was warm enough to begin doing outside work, we were busy! Oh, and the ground was way too soupy to do ANYTHING with.

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Also, Jesse took a trip to Seattle for an entire week to see a chiropractor in hopes of getting to the root of his back spasm problems. We figured we should allow him to really focus on his back before getting into the bulk of the work for the year, so we’re still hoping that what he learned in this trip made it worth it!

Our first projects of the hear entailed fixing our interim water system (Alyssa tackled this on her own… mostly!) and thinking about what to do immediately with knowledge from the Master Gardener’s course.

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We think March was “the calm before the storm”, and our work really didn’t pick up until April! Enjoy the calm while you can – as I write this, it’s May, and we’re already feeling overwhelmed and the push to get things done before the upcoming winter!

Videos Published in March

Not all of our videos make it to the blog in the form of blog posts, so here is what we were up to video-wise in March. Some great videos… check them out to see if you missed any!

Household Expenses*

  • Groceries: $541.83
  • Dining Out: $165.32
    Busy month on the road with a trip to Seattle, Master Gardeners and flight school.
  • Coffee: $44.46
  • Household Necessities: $30
    Odds and ends, clothing replacements, postage and shipping, cash back for picking up packages at the post office, laundry, etc.
  • Storage unit: $60.00
  • TOTAL: $841.61
* These are the expenses that it really just takes to run our household. Your household will likely be different based on the number of family members, how often you eat out, the type of food that you eat (organic vs. not, meat vs. carbs, etc.), pets, coffee, gym memberships and other household needs.

Utilities*

  • Generator fuel: $104.48
    No big surprises this month, just business as usual! Very little sun meant very little free solar power from our solar setup!
  • Propane: $95.39
    This is pretty typical for us in cold weather. We try to keep our RV at about 68 degrees or so when we’re in it (aside from when we’re sleeping, then we keep it at around 50). Here is how I dress warm in winter to minimize propane use.
  • Water: $1.25
    This month we fixed our interim water solution, yay! Check out our water solution progression… it’s in our plans for the early part of 2017 to complete our permanent water system with our underground cisterns. Wish us luck!
  • Laundry: $20
    Not sure exactly what laundry was but $20 sounds like a good number. We didn’t do too much outside work so our clothes weren’t that filthy overall!
  • Internet: $65
  • TOTAL: $286.12
* This includes typical household utilities including power, heat, air, water, internet, etc.

Vehicles*

  • Car payment: $0
    We paid off our car last month! YES, we’re spending loads on our property WHILE paying off any outstanding debts!
  • Insurance: $578.32
    We added our truck to this policy and decided to pay six months in full for a discount. We choose to have pretty decent insurance coverage on both vehicles.
  • Fuel: $260.51
    Big fuel month with a trip to Seattle, Master Gardeners, flight school, and Alyssa driving around the truck for an entire week (that thing is a gas-guzzler).
  • Other: $142.92
    We may not have a car payment, but since both vehicles are aging, we have upkeep to keep up with. This month was replacing light bulbs of various sorts, buying oil filters and replacing the rear windshield wiper on the Subaru.
  • TOTAL: $981.75
* This includes anything related to vehicles that we drive.

Land / Development*

  • Land: $357.20
    Our land cost $45,000 and we put $5,000 down. The loan is amortized over 15 years with a 5% interest rate. No early pay off penalty. We don’t plan to take the full 15 years to pay off the land, but optimistically hope to pay it off in 1-2 years. Learn about our property here and to find out how we found and purchased this land, read this post.
  • Water system fixes: $60.78
    This month we decided to get our interim water solution back up and running which required the fixing of broken valves and broken PVC pipe (froze over winter). Sixty bucks and we once again get to enjoy NOT carrying out water in 6-gallon jugs! Our backs and bodies are thankful.
  • TOTAL: $417.98
* This includes payments on our land, property taxes, and any improvements we make to the property such as excavator rentals, rock delivery, septic, etc.

Consumables*

  • I’m sure we spent a few bucks on consumables this month but I don’t feel like digging through receipts to find out exactly what they are!
  • TOTAL: $0
* These are expenses for things that aren’t permanent… they are consumed, or used up, so we can’t really consider them investments or assets.

Assets*

  • High quality ear protection: $34.97
  • TOTAL: $34.97

* These are expenses that should only happen one time, or at least very infrequently. These generally are quality tools and building materials that are reusable.

Final Thoughts

All I can really say about March is that it truly was the calm before the storm. It was hard mentally knowing that the weather was warmer yet we weren’t slaving away on our property – we were mostly out and about doing other things.

However, we also knew that the ground was too soupy to do serious work with so we tried to focus on the tasks on hand.

Enough of March… let’s move on to April! We’re ready to get this show on the road!

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I am an aspiring homesteader on a journey to become self-sustainable and free. In my past, I've worked corporate jobs to make ends meet and get ahead a little; it didn't make me happy or confident in my future. Since taking the leap to self-employment and living a more simple life, my happiness levels have increased greatly and I've never felt more alive. I finally understand what I want in life and how to get there, and that is what this blog is all about.

Comments

  1. Elliott says

    Just paid my two month city water bill yesterday;
    Inside water (740 gallons) $1.59
    Inside water taxes 19.03
    Wastewater 3.10
    Wastewater taxes 42.48
    Subtotal for inside water $66.20

    Irrigation water 40.83
    Solid waste 39.20
    Total city water bill $146.23

    Two month city water bill $146.23 unbelivable for 740 gallons!!! Wish that I was off the grid!!!

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