Creating a spending planDOWNLOAD FILE
June 19, 2019 - Author: Jinnifer Ortquist, Michigan State University Extension
Some farm families have experienced financial stress during the most recent downturn. Dairy prices are at an all-time low and some families are struggling to make ends meet.
For farmers dealing with variable income, low commodity prices and increasing debt, a spending plan can be a useful tool in managing farm family finances or their household (nonbusiness) finances.