Posted 11/24/2012 22:55 (#2715194 - in reply to #2715045) Subject: RE: May be off topic or wrong forum. Operating loan interest ?
West Tennessee
Sheep Herder - 11/24/2012 20:41
If you can't make enough to get out of debt with these prices, how are you going to pay back a loan when commodity prices go down some day?
The same way I paid the note payments in the 90's when it was tough around here. Get out of debt? Seriously? I'm proud for everyone that is or can be but that's not in the cards for this operation anytime soon. Everyone's financial situation is different and for different reasons and I couldn't pay back everything I owe if bean prices went to $30, so I'll just keep on managing my debt and loan repayments like I have for over 20 years now.