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Non-Cattle Specific Topics
Coffee Shop
Forsaking income for contentment
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<blockquote data-quote="john250" data-source="post: 1037407" data-attributes="member: 4406"><p>To those who say you'll take huge pay cuts to be full time farmers I have to question your reasoning or your budgets. Economists say it takes what? 900 cows to be full time/make full time money in ranching. It takes a few thousand acres to be full time in crops. When I was in school in the early 70's the economists said half a million invested in each full time farming job. Half a mil now is your cotton harvester. Don't take a pay cut just to be on your own. Hobos are on their own too. Make sure you can reasonably expect enough income to keep up the Jones in town. And health insurance.</p></blockquote><p></p>
[QUOTE="john250, post: 1037407, member: 4406"] To those who say you'll take huge pay cuts to be full time farmers I have to question your reasoning or your budgets. Economists say it takes what? 900 cows to be full time/make full time money in ranching. It takes a few thousand acres to be full time in crops. When I was in school in the early 70's the economists said half a million invested in each full time farming job. Half a mil now is your cotton harvester. Don't take a pay cut just to be on your own. Hobos are on their own too. Make sure you can reasonably expect enough income to keep up the Jones in town. And health insurance. [/QUOTE]
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