Those With Money Make the Rules

Those With Money Make the Rules

Each morning my day starts by looking at the latest ag news. Today I was looking for something that had to do with the finance portion of the business and only saw one report talking about money. One website, in particular, I was looking at showed me two pages of news...
$80,000 in Taxes May Be a $259,471 Loss

$80,000 in Taxes May Be a $259,471 Loss

It’s Tax Time. I am not sure I know a farmer who doesn’t hate this time of year. You do everything you can do lower taxes. What about making money on those taxes? If you are one of those who is paying, there is something I want to bring to your attention...
Why Can’t Farmers be Rich?

Why Can’t Farmers be Rich?

If you are following me on FaceBook you have seen I just shared a post from  the corncrops.com site written by Lindsay Mitchell entitled, “Are Farmers Rich.” She did a great job in a short blog addressing this questions so many people ask. She even states...
63% of Your 401(k) Contribution Is Lost to Fees

63% of Your 401(k) Contribution Is Lost to Fees

Kerry Hannon from Forbes wrote a great article in January of 2013 about The Three Surprises in 401(k)s. This article was written so well there is no reason for me to rewrite any of it, I encourage you to read it. What I do want to address is why the solution she...
Lost Opportunity Costs – Cash is NOT King

Lost Opportunity Costs – Cash is NOT King

Most people have never heard of Lost Opportunity Costs, just as I hadn’t prior to teaching this concept. By us not knowing, we are losing money on a daily basis while those who know are taking that money from us and putting it to work for themselves. What is it?...