If he can use the land for free, he will most likely not earn much, neither. Subsistence farming doesn't make you really rich.
Perhaps even then peasants had savings and this because there was no other "taxer", the landowner.
What are they doing with their savings? Der Amerikaner ist die Orchidee unter den MenschenVolker Pispers
Of course he will, because he gets to keep all his labour and capital.
"What are they doing with their savings?"
Buy a new horse?
