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Re: Advice for new farmers?


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Posted by Traditional Farmer on January 23, 2020 at 03:57:26 from (71.51.175.194):

In Reply to: Re: Advice for new farmers? posted by Frank 41 on January 22, 2020 at 18:10:10:

You summed it up right.I farmed part time as a partner with my dad,then at 48 quit the day job and went back to full time farming as dad's health was going down hill.Because of my job I had for 25 years I was way ahead and dad was too when I quit than if I'd of farmed full time those 25 years.Had money saved rather than debt and retirement account I draw on now.Bought land,equipment,etc could have never afforded just farming.Even worse today starting out farming.Plus we were able to do almost everything debt free,debt will drag a person and any business down.Always wanted two or three sources of income anyway so one thing can't put me in a financial hole.


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