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<blockquote data-quote="tryinhard" data-source="post: 114964" data-attributes="member: 2007"><p>FSA, Farm Service Agency, here in Ms. have programs for the youth, like children who are in 4H to start a business, and cattle is one of the choices. Its no free ride, but it is a loan of 5k to get started. Of course the money is to be repaid. They have a nice payment program also. One payment per year, but you need to have a fool proof plan. It has to be repaid { win, loose, or draw.} Its only 5% intrest. I have a son who did that he is doing pretty well, the cows are paying thier own way, pretty much. You won't see any profit until they are paid for, and if you watch every penny, you may keep a heifer sometimes, and hopefully you can, or else when your loan is paid off, all you will have will be old cows. The child has to be in 4H, and at least 10 yrs old, not over 21 yrs old. This may or may not be in whatever state you are in. I am proud of my son. He has only done good. He has also spent money out of his pocket also, and don't mind working. That will make the program work. Lazy, and not watching things, and trying to put out some prevenative maintinance, so to speak, won't work. Good luck.</p></blockquote><p></p>
[QUOTE="tryinhard, post: 114964, member: 2007"] FSA, Farm Service Agency, here in Ms. have programs for the youth, like children who are in 4H to start a business, and cattle is one of the choices. Its no free ride, but it is a loan of 5k to get started. Of course the money is to be repaid. They have a nice payment program also. One payment per year, but you need to have a fool proof plan. It has to be repaid { win, loose, or draw.} Its only 5% intrest. I have a son who did that he is doing pretty well, the cows are paying thier own way, pretty much. You won't see any profit until they are paid for, and if you watch every penny, you may keep a heifer sometimes, and hopefully you can, or else when your loan is paid off, all you will have will be old cows. The child has to be in 4H, and at least 10 yrs old, not over 21 yrs old. This may or may not be in whatever state you are in. I am proud of my son. He has only done good. He has also spent money out of his pocket also, and don't mind working. That will make the program work. Lazy, and not watching things, and trying to put out some prevenative maintinance, so to speak, won't work. Good luck. [/QUOTE]
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