MOORHEAD, Minn. — “Taking Charge of YOUR Finances: How to Survive and Thrive” a financial management workshop, will be taught across the state. Dave Bau, Joleen Hadrich, Rob Holcomb, Nathan Hulinsky, Megan Roberts, Extension Educators, will teach the sessions offered around the state.
This short course will use an interactive and fun approach to teach participants how to organize and use financial records; develop and analyze financial statements; and make informed decisions regarding finances and production. Producer teams will act as loan review committees and learn about these concepts as they review a case study farm. The concepts covered promote better internal decisions for farm management and stronger relationships with external partners, such as farm lenders. The participants will learn the components of a balance sheet, income statement, cash flow, and the importance of records.
Nathan Hulinsky, Extension Educator explains, “With the current commodity prices and farm economy, keeping on top of, and managing the farm’s finances is a top concern. This course will give the participants the opportunity to review another farm’s finances to determine their financial needs and if the case farm cash flows.”
| January 23 | St Cloud | Bremer Bank |
| January 24 | Willmar | Bremer Bank |
| January 30 | Rochester | Bremer Bank |
Doors open at 9:00 AM with the class starting at 9:30 AM and go until 3:00 PM. Lunch will be provided. Attendance is free and each participant will receive a binder full of handouts and resources to take home.
Registration is open. To register, please visit https://z.umn.edu/2017-Survive_Thrive. For more information on the workshop, please call or e-mail Nathan Hulinsky, 218-236-2009 or huli0013@umn.edu.
For more news from U of M Extension, visit www.extension.umn.edu/news or contact Extension Communications at extnews@umn.edu. University of Minnesota Extension is an equal opportunity educator and employer.
Click the link for a flyer: One Page Flyer with Dates- Financial Management
— University of Minnesota Extension
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