In this episode, we’re joined by Hayley Grosser from The Abundant Farmer, a money coach with a passion for helping farmers take control of their finances. Hayley shares her journey to becoming a money coach and highlights the financial gaps she discovered in her own farming business.
The conversation delves into the importance of building a positive relationship with money, with Hayley explaining how budgeting and cash flow planning can be powerful tools for better resource management and outcomes. She also stresses the value of approaching financial decisions with a mindset of possibility, rather than letting emotions dictate actions.
Hayley underscores the need for farmers to treat farming as a business, making strategic financial decisions and viewing money as a tool to drive success. The episode also touches on the challenges of generational succession, with Hayley advocating for open communication and understanding between generations to better manage farm finances.
Tune in for practical insights on how to cultivate strong financial habits and take a proactive approach to managing your farm’s finances.