I’ve been looking at the cost to buy a farm and how much it could earn. Being disabled, I’d need to design it around my health but I think you can make it managable quite easily. Most of my ideas are already shown to work, so I wouldn’t be doing anything that would be considered ground-breaking.

The other benefit to running a small farm is it makes it far easier to pivot, you reduce problems of water droughts, etc… but if done right, i wwas working out if you can get through the first year for crops to get established, you could be making £50k a year fairly comfortably.

Aim for perennials, so you reduce the need to seed each year, grow a wide variety, you have a good basis for opening a small farm shop. Setup pre-orders so people can order, then all you pick is whats ordered. Tie in with other local farmers, build the farmos software to track cost/prices and you could even create a pick your own farm to reduce labour.

I really wished I knew someone who could invest in this because I have so many ideas for earning money with land. Hell, there’s farmers in the UK earning around £2k a month just from YouTube subscriptions, so you could turn the whole project into a youtube channel.

The biggest issue though is being disabled and being unable to repay any loan until the farm is generating an income which makes it impossible to get normal funding but the more I think of a farm, the more I think it would benefit my health in the long run! 😞

.oO(one can dream!)

Use to pay any other debt with higher interest rates than said loan. After that, if this still has high rates, pay back as much as possible. If the rate is good enough, use it to buy a house to live in.

I’d use half of it to buy a small farm. Use the other half to cover my living expenses for a couple of years until the farm is up and running enough to be selfreliant.

Then I’d sell my current house and repay the loan.

Buy a house and give the rest to people in need.

Be in the worst debt imaginable when it’s time to pay it back

Edit: many of the top comments have the same idea. What kinda world do we live in where this is the more agreed upon answer than anything else?

That entirely depends on the terms of the loan.

Short term low interest? Buy some stocks that might go up more than the interest.

Long term low interest? Buy a spread of land and breed heirloom hogs and fancy ingredients and sell them to fancy restaurants and dumb yuppies and dinks.

But if the rate is over 9% you can fuck off.

Freak out over how I was going to repay the loan

pay it back immediately and probably get hit with a thousand dollars in fees anyway, because loans are stupid.

In Australia, I’d invest in drone defence and solar power company stocks that have existing contracts with AI data centres

Quit this dumbass job

pay off all my other debt instantly, use a couple k to replace broken things i put up with, make a 6 months’ expenses emergency savings account, and invest the remainder in something relatively low risk that hopefully gives dividends equal to or greater than the monthly payment amount for this loan

my life would be relatively unchanged unless that investment dividend was crazy

Depends on the payback terms and interest rate.

Buy some politicians, I can probably afford at least 10 with that.

Go to one of those countries where they can’t come after me when I don’t pay it back