Financial Literacy Class for Farmers and Ranchers
Are you ready to renew your farm or ranch operating note? Learn about preparing the information your lenders need and how to develop a solid financial record keeping system at a Financial Health Check workshop. The workshop will be held January 19th, 9:00 a.m. to 12:30 p.m. at the Clay County Fairgrounds in Clay Center, NE. RSVP to Clay Co. Extension at (402) 762-3644 by Jan. 13th. The cost to attend this workshop is $20 per person. The ideal class size for the financial heath check class is 10-12 participants; classes will be limited to 15.
This workshop is designed to help farmers and ranchers develop a financial plan for their operation during this period of low income. Upon completion of this program, participants will have a better understanding of how financial records can be used to make management decisions and confidently discuss their financial position with their family, business partners, and lenders.
Topics covered include:
- Basics of balance sheet construction and analysis
- Cash flow and keeping farm/ranch financial records
- Income statements for measuring profitability
Quicken Workshop for Farms & Ranches
Keep books for more than just your taxes! In this 2.5-hour class, you will learn to use Quicken (a minimum cost bookkeeping software) to keep farm/ranch financial records, as well as your household expenses. This “hands-on” training will help you understand how to set up categories & classes (for taxes & management), use the budget & loan features, and separate enterprise expenses. You will also learn where to find online Quicken help resources directly related to farm records.
This workshop will be held January 19th, 2:00 p.m. to 4:30 p.m. at the Clay County Fairgrounds in Clay Center, NE. RSVP to Clay Co. Extension at (402) 762-3644 by Jan. 13th. The cost to attend this workshop is $20 per person. The ideal class size for the Quicken workshop is 10-12 participants; classes will be limited to 15.