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SW Saskatchewan | A yr or two back had a very insightful post on this subject and if he would re-post it we could all benefit.
As you and other posters have mentioned, credit is a tremendous resource to employ in growth. And Rusty6 reminds us of what went south with too many of us in the 70's and 80's.
In sorting papers a while back, the 21st century me was terrified by the leverage and credit my brother and I employed to grow our farms.
Once I really became worth something, the thrill of tightrope walking over the abyss lost its glamor and the fear of having to start all over if I missed guided my decisions.
Yep, cash now but for the longest time i was over-extended. Probably the way of most farm operations. | |
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