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Serious cfap ?
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dittfarms
Posted 9/19/2020 08:24 (#8503861 - in reply to #8503768)
Subject: RE: Serious cfap ?


ottertail co mn
AGDEAL - 9/19/2020 07:41

Or pay down debt?


I am going to pay down my cow loan, and then buy more cows.

A good friend of mine told me only buy the equipment you need, buy cows if you need a tax deduction.

Also my truck is pretty darned new yet and my wife is making the payment on it and pretty sure if I go get a new truck for her to pay for we will also have a new suv to pay for...

In all seriousness, paying down debt this year has been our goal and so far we have put a decent dent in it. If we could have 2 more years like this we could have all our bad debt paid off. I consider bad debt any debt that doesn’t make you money.
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