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Buying/Leasing Dairy Cattle
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Wreckless
Posted 11/29/2007 22:57 (#249244 - in reply to #247976)
Subject: What Dave Ramsey would say


Mohawk Indiana
This is what Dave Ramsey would say.
What is your monthly income?
How much debt?
Student loans, car/truck, credit cards, home mortgage, loans from friends etc.
Are you current on your payments [most callers aren't]
Can you liquidate a vehicle to get rid of its payments and take any equity to reduce debt. Even if your upside down you at least get rid of a payment.
Do you haave any STUFF that you can sell to generate cash. Maybe stuff at your Dads? 4-wheeler, snowmobile, tools that you don't use right now
Make a Budget, give every dollar a name, stick to it.
Get a part-time job to produce extra income to pay-off debt/save to farm, He is big on Pizza delivery and working at UPS
It looks to me that if you do this kind of stuff[basic money management] that you can pay off alot of debt and save a large chunk [maybe 50 grand ] to make a legitimate effort at trying to start farming.
It will be easier with a plan!
Good Luck, it is doable
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