Several of my friends recently sent this blog post to me because I have blogged about a similar topic Growing up a rich rancher’s kid. Lindsay Mitchell, the author of this piece does a nice job of explaining and providing examples of where and how the money is spent.
And I think the answer is, no. They are rich in all the things that matter, but are pretty middle class. They just deal with a lot of money coming in AND a lot of money going out. And all that money coming in looks like a lot if you don’t know the whole story.
So here it is … the whole story. I hope you take the time to read through what sounds confusing and get to the summary at the bottom because it’s worth it! Promise.
In order to grow a crop, farmers must buy things like seeds, equipment, chemicals and fertilizer (surely one of you has a bag of Miracle Gro around for the garden, right?). And there are also the costs that you…
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