Managing debt

Canadian farm debt outstanding continues to increase but remains healthy as farm revenue is growing faster despite challenges from the COVID-19 pandemic.

For many farmers, the past couple of years have been challenging. There’s nothing like cash — safe in the bank or close at hand — to get you through.

Learn the benefits of building a personal money strategy and find resources and advice to get you on the right path.

Future farm ownership could be made easier by knowing the books well while keeping a sharp focus on leveraging your everyday purchases and expenses creatively.

Debt is a fact of doing business in farming and how it’s managed differs for every operation.

Vanessa Stockbrugger shares how clarity, understanding and planning are the three essential steps to take towards a mindful financial life.

Learn how to think about save and investing differently and why you should diversify how you spend – and protect your cashflow.

Learn why one of the smartest things a farmer can do is can do is carve off a bit of personal income regularly and to separate farm from family finances.

Learn how to reframe debt as a power tool, that when used correctly and safely, can achieve positive results.

Learn how day-to-day personal spending is the one thing farm families can control immediately to improve their financial health.