#42 Fuel and Fertilizer are the Price of Gold, 10 Questions to Ask Yourself in Uncertain Times
#42 Fuel and Fertilizer are the Price of Gold, 10 Questions to Ask Yourself in Uncertain Times
When life gets overwhelming, prices are sky high and we are on the verge of war, sometimes the best things to do is reflect. In todays’ episode we will talk about 10 questions that you can ask yourself to help get through these uncertain times.
Sometimes it is best to think of things in terms of the worst-case scenario, the best-case scenario, then “in reality, what will actually happen” scenario. When we don’t have the answers, our brain fills in the gaps and our protective mechanisms trigger the worst-case scenario to run through our heads. This is survival instinct, but there are few things you can do to take you from living in survival mode and being afraid of what if’s of the future, to living in the present day.
First and foremost, turn off the tv and social media storm that constantly repeat how bad things are going to get. Then, turn to your own farm, your own family and your own self. The following questions are a list of things that may help you if you are feeling anxious about life’s uncertainty.
What is my cost of production for each thing that I sell? Where am I the most profitable? Where am I the least profitable?
What happens if things get as bad as they say? Pencil out the numbers
Can I still be profitable?
What is my backup plan?
What is my financial plan for my family? Get an off-farm job, sell some things, grow a larger garden, etc.
Where can I trim some fat? What things are least profitable?
Who do I need to talk to about this? Family? Banker? Salesmen? CPA? Lawyer?
What does this actually look like for me and my family? Don’t extrapolate to the entire ag economy.
How am I handling this? Emotionally? Mentally, physically and relationally?
What is a plan that can help me manage my emotions to get us through? The messy self-care
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