Money to make a living?

[GDR]

Average family income in Canada is 70k.

I think lots of farmers get confused and mislead by averages and norms when looking at income. I would say 70k from working would be similar to 35k or even less of farm income. Lots of write offs we can use not available to others. When I quit working i was surprised how much less life cost, commuting was expensive, work clothes, ate lunch out often all adds up. Plus in our case our food bill is drastically less with our own meat and large garden.

Housing and recreation costs have exploded in recent years, those families with school age children in rental houses are doomed.

[farmaholic]

I think lots of farmers get confused and mislead by averages and norms when looking at income. I would say 70k from working would be similar to 35k or even less of farm income. Lots of write offs we can use not available to others. When I quit working i was surprised how much less life cost, commuting was expensive, work clothes, ate lunch out often all adds up. Plus in our case our food bill is drastically less with our own meat and large garden.

Housing and recreation costs have exploded in recent years, those families with school age children in rental houses are doomed.

Ok GDR, now you're going to get it!

...."When I quit working I"..... WTF are you retired?

[grassfarmer]

Off topic, but I don't consider cell phone or internet to be a cost....

Maybe you meant a net cost or an unnecessary cost? It is a cost - anything I get a bill for that I have to pay is a cost whether that can be considered a business or personal cost or part allocated as each. I wasn't arguing that these things don't have value - just that combined they add up. In my case they total more than my electricity costs - for both house and farm business!