As we last read in our Saving 101 Series, many people have had success saving money by moving from large cities to smaller, rural communities. This week, we find some more benefits of living in a rural community or at least further from town and closer to land where food is raised and grown.
Rent From Individuals vs. Corporations
If someone needs to rent vs. purchase a home, it has been noticed that one can generally save money when renting from an individual vs. renting from a corporation. There is also usually more personal attention and the ability for more flexibility with what one can do with the property, which may lead to other savings down the road.
Example 1: A family that moved from a major metro area to a small metro area found that another family was going out on the mission field for a year and needed renters. The Missionary family is renting the 4-bedroom farmhouse, on a multi-acre farm, for only $650 a month. However, one of the bedrooms has the stored belongings of the family out on mission. This is a place that should be renting for about $850 or more per month.
Example 2: The landlords of another family (we will call them family A) also own the house next door to family A. The house has been vacant for a while. When some friends of family A moved to town (we will call them family B), the landlords were willing to rent the house to them. For only a couple hundred dollars a month plus some upkeep on the house, family B have settled in and are very content with their place.
Steaks and Roasts for $2 to $5 per Pound
You do not need to pay $5 to $10 a pound for roasts or $10 to $20 a pound for organic, grain fed, free range beef steaks. There are Internet sites that can hook you up with “local” farmers (even if “local” turns out to be a couple hours away). Some farmers post on Craigslist (Craigslist.org) or FB Groups when they have meat available for sale. Since you are purchasing in bulk, it would be worth the drive to get 6 months of meat for about half or less than what you would pay in the stores.
Example 1: A family found a cow at auction, within a reasonable drive from town. They went in with another family, purchased the cow, and sent it off to be butchered. The total cost of the meat per pound was about $3.25, including all kinds of cuts of meat.
Example 2: Purchasing $50 to $100 of meat at a time and freezing the bulk of it, a family found a local farmer about 1 hour drive from the city and purchased meat from him as follows: $2.50 per lb for ground, $3.50 per lb for roasts, $4.50 per lb for steaks.
How have you been able to save money by being plugged into your local and/or nearby rural community?