Todd 02
Active member
I'm having a tough time with figuring out how to balance the expenditures for assets properly. Everything just seems so expensive. I've started from scratch and find that having the patience for everything to work out is extremely difficult.
My Current Situation:
I'm financing ~155 acres (~115 ac fenced mesquite and ~40 ac fenced plowable). Cost per year is ~$8,500 with 8 more payments remaining. There is one well, which feeds one galvanized tank in the ~40 ac pasture and one earthen tank in the ~115 ac pasture.
I currently own 14 cows (Red Angus and Red Brangus mix), 1 Red Brangus Bull, and 14 calves.
I own a 16ft gooseneck stock trailer.
I've got a great job in town and can afford the land and operational expenses without much difficulty. However, there are some essential tools that would certainly come in handy to make my cow/calf operation better. I've got a pretty good idea of what else I need, but I'm not sure how to afford it or how to do without it until I can afford it. These would be things like:
working pens;
tractor;
implements;
barn;
squeeze chute;
additional fences;
etc.
How do you guys and girls do it?
My Current Situation:
I'm financing ~155 acres (~115 ac fenced mesquite and ~40 ac fenced plowable). Cost per year is ~$8,500 with 8 more payments remaining. There is one well, which feeds one galvanized tank in the ~40 ac pasture and one earthen tank in the ~115 ac pasture.
I currently own 14 cows (Red Angus and Red Brangus mix), 1 Red Brangus Bull, and 14 calves.
I own a 16ft gooseneck stock trailer.
I've got a great job in town and can afford the land and operational expenses without much difficulty. However, there are some essential tools that would certainly come in handy to make my cow/calf operation better. I've got a pretty good idea of what else I need, but I'm not sure how to afford it or how to do without it until I can afford it. These would be things like:
working pens;
tractor;
implements;
barn;
squeeze chute;
additional fences;
etc.
How do you guys and girls do it?