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Farm wife talking. Please help me understand
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Morningdew
Posted 12/2/2024 14:17 (#10992250 - in reply to #10992075)
Subject: RE: Farm wife talking. Please help me understand


Cherokee iowa
Your net worth will determine what you can borrow. Sounds like you need more cash for bills. I understand them bills never stop month after month and more expensive to boot. I was taught Cashflow cashflow cashflow. To make it farming starting out you have to risk it. Farming is high risk in general. I’d use more LRP and crop insurance as a floor. Many farmers like to work for free. Myself included sometimes. Sit down and talk about the farm and family with your husband and don’t worry about anything else. Many sacrifices are needed to succeed in farming at some point. If doing right it takes a few years get the ball rolling. Farming is expensive especially now days with interest. Godspeed
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