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<blockquote data-quote="TexasBred" data-source="post: 717119" data-attributes="member: 6897"><p>GMN I know several dairymen who have been debt free for ages. Most have been in the business all their life, lived very frugally and grown slowly over a long period of time. They will borrow money from time to time for major things like buying additional land but otherwise are debt free. Several have sold cattle to other folks and financed them which brings in additional income and some also lease some cattle or bulls from time to time. I know most things break or get expensive about the time you get them paid for but these folks are just very good operators.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 717119, member: 6897"] GMN I know several dairymen who have been debt free for ages. Most have been in the business all their life, lived very frugally and grown slowly over a long period of time. They will borrow money from time to time for major things like buying additional land but otherwise are debt free. Several have sold cattle to other folks and financed them which brings in additional income and some also lease some cattle or bulls from time to time. I know most things break or get expensive about the time you get them paid for but these folks are just very good operators. [/QUOTE]
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