Morrisons Cove Herald - Putting cows on the front page since 1885.

By ASHLEY HICKS
AgChoice Loan Officer 

The Farm Credit Corner

Budgeting 101

 

December 5, 2019

Budgets are a valuable tool to help manage our financials and make decisions for the future. However, building a budget, whether it is for your home, farm or business, can be daunting.

As our thoughts turn to the new year, why not make budgeting a goal for 2020? We recommend these tips to make the budgeting process easier.

Start by looking at the big picture. Consider all of your sources of income and associated expenses. Try sorting your income and expenses into major categories and then fill in the details. Starting with extreme detail at first can be overwhelming.

Compare your numbers ye...



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