Wayne, it sounds like you're not asking for advice, but folks are chiming in. I'll add my barely two cents worth.
Have you written a monthly family budget, carefully listing all of your necessary and elective expenses? Have you written a business plan for the farm including a projection of any funds necessary to get started? Have you projected your income over the next 12, 24, 36 months? The answers to many questions will be found in the spreadsheets. A suggestion from my own experience: I used to use a spreadsheet tab for every month's budget. I no longer do that. I now keep an entire year on one page just stacking the months one after another in vertical columns. I leave a few blank lines scattered through the columns, in anticipation of items that weren't listed in the previous months. My wife and I have a meeting on the first Wednesday of every month, and by the time we're done with the previous month's numbers, we know exactly how that month treated us financially. Another comment: once you have your budget built, it's easy to run models with different assumptions, like reduced income or extra expenses, or dipping into your savings on a regular basis over a number of months. -pb -- You received this message because you are subscribed to the Google Groups "RBW Owners Bunch" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/rbw-owners-bunch. For more options, visit https://groups.google.com/d/optout.
