Comments on: Lessons from a Farmer

By: krish

krish — Tue, 26 Aug 2008 02:28:45 +0000

So where do those emergency funds come from? I’m a wife, we have no kids, but I work in town, so that we have health/accident insurance, IRA, and to buy groceries, and then work out at the ranch in the evening, and days off, while the husband works on the ranch, and he does do other day jobs when the arise. We take out a operation loan, but do you do when the cattle market goes down the drain, and your about $15000. short to pay off the operation loan. Go beg the banker for a extension, sell off some cull cows? We already have the loan set up so that it draws interest, and ask for what we need monthly, rather than having to pay interest on the whole amount. So where do we find the emergency fund to put away for a rainy day? We’re already being frugal, we either buy most of our clothes from second hand stores, or I sew them, we raise most of our own veggies, and beef. We very rarely eat out, or go to the movies.

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By: Ron

Ron — Tue, 26 Aug 2008 01:33:46 +0000

#krisH→ You're right. In those cases, it pays to have prepared by having set aside funds for emergencies.

By: krisH

krisH — Tue, 26 Aug 2008 01:29:20 +0000

I was raised on a ranch/farm and although your blog has good points, but just because you plant the seeds, and do all the work, fertilize, water the crops, sometimes we don’t have control over the weather, wind storms, hail, tornadoes, and drought. Sometimes the seed never grows, or the crop doesn’t produce a yield like we’d hope it would. We’ve had that year, had a awesome stand of wheat, and just weeks before harvest, it hailed, and we no longer have a wheat crop. Oh sure we have insurance, to cover the expenses.

I know your post is about financial and money, but sometimes when you do everything you can in your powers, and you still come up empty.

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Sat, 23 Aug 2008 10:59:41 +0000

[...] Lessons From a Farmer :: The Wisdom Journal [...]

By: LP

LP — Fri, 22 Aug 2008 14:21:51 +0000

Hi luxuryoption. I love Dr. Stanley too.

The Scriptures are very clear on this subject!
Thank you for the reminders to “look unto Jesus”!
Paul said in Gal. 6:7 “Do not be deceived, God is not mocked, whatsoever a man sows, this he shall also reap”.

God bless you! and yours!