Small Farm Finance 

Excellent message. As a 60 year old farmer I was blessed to know and work with a couple farmers that preached saving, having a goal of being debt free and a plan. I've tried share that message, you did a great job.

The lesson here is you took action. That’s probably the hardest step when people feel overwhelmed, but Dave Ramsey gives a good place to start. Thanks always for the videos!

great job and dave ramsey saved my financia lif and am now in step 7 and retired best job i ever had

I've been watching your videos for about 2 years now. That by far was the best one yet. Hope you have a GREAT 2021....May your wallet flowth over......

Was told many years ago from a friend that has been there done that. You will never borrow your way out of debt!

Started listening to Dave about 20 years ago. Was driving home from work and found him on the radio...was life changing

Good message! You did a very good job explaining this! I was raised as a Dave Ramsey kid and and i believe in cash for everything! I started a with small farm and grow to more then I can handle ( having a full time job already). When you have a debt free farm you don’t have to answer to the bank, don’t have to worry about making payments and you know where u stand financially at all times, great video and keep up the great work!

I really appreciate this video! My parents taught me some of Dave Ramseys lessons when I was in High School. It's great to hear how this is applied in agriculture.

Really love these narration videos you’ve been doing lately! Always love hearing your advice and seeing your equipment at work. I would also like to see more slide show videos from your old farm operation our more story time videos from your days on the dairy farms. Also if you are wondering the tractor in my profile photo is a Steyr 86 (one cylinder)

This was great info! Our situations are somewhat similar- now that I am older I really hate debt, and while we do have a 30 acre farm (that were are paying a mortgage on), it is not big enough to farm full time or sustain my family if my kids decided to farm when they are older. We lease 3 other farms in the area, and the biggest one of the three, the owner is getting older and has mentioned selling at some point. We would love to buy the place, but don't know what he will ask for it yet so it may not be in our budget. If we lose that farm, I am not sure what that means for my farming career....

glad you did this video! a comment on one of my videos was made by a young guy so i was going to make finance, marketing, advice for beginners

Great advice.

I'm kinda in that situation currently, I currently have a loan on someequipment but I now have the equipment to manage a beef herd, my next step is to sell my current acreage pay off my debts and start back over with a bigger property and the equipment to manage it. Going forward I'm planning to continue on dave's steps.

I know this has nothing to do with today's video, but today I was at an auction and little square bales went for eleven dollars a bale. Here in eastern Iowa that's unheard of. Horses are expensive pets!!!!

Coming frame a 1 generation small farmer Working the baby steps Congrats to you for the great work!

Will check out Dave's channel. Keep the videos coming. I am trying to get a distillery started and looking for financing and a plan to steer me in the right direction.

Nice video. I'm in Pennsylvania as well, Similar situation...

I've always had the mentally on equipment if I cant pay for it in 3 years I don't need it and if I buy something I have atleat 6 months worth of payment set aside im going into my 6th year farming

I farm about 170 acres give or take ( some is county land and they just want the grass cut once a year so no rent and unsure of acres) I own 50 acres witch 20acres is pasture for my small beef herd , that 50 acres I paid cash for has a small barn for the cattle the house needs work but I find it livable and fix as I go the rest is hay ground , the rest of my land is rented witch is corn ,beans and I rotate wheat ,oats and barley, I own the most of the equipment but have it harvested ....I totally agree debt is no good best of luck to all no matter the business

Great video. The borrower is slave to the lender is what the Bible says. Dave Ramsey is great.

the best thing I can see is i own my land i just am having a hard time in getting it to bring money in. so i don't have to keep finding way to make money to get things that are needed to farm

oh long summer days

Read that book cover to cover a few years back and I already agreed with him mostly except that I exploit the credit cards for their 3-5% cash back on fuel and food that I would be buying regardless. If you're disciplined, you can pretend that you're handing over the hard money that he argues (very well) makes it easier to save and harder to spend more. I grew up on a 4th generation dairy in NE Ohio very similar to the one you made the 3 part video on, that we used until we got the Deans-Walmart letter in 2018. Just bought a small hay/beef farm around the corner from the parents farm and enjoy your content and insignts. Keep on keeping on!

Great video 👍 👍 thanks

Nice 👌😊

Great video. Thanks for the ag version of the baby steps. I also farm and work a full time job off farm . Going at the speed of cash is best. I had some debts on farm equipment, before hearing of the baby steps. I now have it all paid off . Again you did a great job explaining it . If more farmers would work this way things would get better for them not just deeper in debt,and putting money away for retirement instead of that new tractor that the account said to buy cause they made money this year . God bless

Step 3 is the killer for any young famer starting out i was born on the farm but i could not start a farm on my own to make a living farming youneed to be huge bailors 30,000 a old tractor will be 10,000 and the price of part on a tractor is nuts

What do you think about beginning farmer loan for the fcs. Thats how my dad and many others got the start farming. Their no more then 1.5% interest.

How are ya, I wouldn’t mind seeing a background video, what’s your story, how and why did you get into farming, etc. Also, what part of pa? I’m in western Pa, and run a small regenerative grazing operation with beef cows. I have a small channel, if your interested, I haven’t posted in over a year. Just not enough time I guess, as you know.

Hi, Can you share exactly how you started your business, what equipment did you buy and how you found the land to rent?

any chance i could get your contact information? I have alot of questions to ask and i live in Delaware as well!