Creating a spending plan

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June 19, 2019 - Jinnifer Ortquist<ortquisj@msu.edu>, Michigan State University Extension

Some farm families have experienced financial stress during the most recent downturn. Dairy prices are at an all-time low and some families are struggling to make ends meet.

For farmers dealing with variable income, low commodity prices and increasing debt, a spending plan can be a useful tool in managing farm family finances or their household (nonbusiness) finances.

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  • agriculture,
  • food & health,
  • managing farm stress,
  • msu extension

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