Farmers today are farming like never before. They have higher yields than ever before, and the cost of doing business follows that same trend. It doesn’t take much to reach a million dollars in operating expenses, which are just some of the expenses farmers have...
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...
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...
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...
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...
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?...
Recent Comments