Farm Expenditures

Print a copy of this spreadsheet. Brainstorm some expenses you think a farm family might have and then decide how much each bill will cost the farm.

Expenses (Bills to be payed)Amount due on bill
1.1.
2.2.
3.3.
4.4.
5.5.
6.6.
7.7.
8.8.
9.9.
10.10.
11.11.
12.12.
13.13.
14.14.
15.15.
Total____________

In the last column, sum all the expenses to get the total expense of operating your farm.

Compare the total expense amount to the total income amount you calculated earlier. Will you make more money than you spend? Or will you spend more money than you earn?

If you are in debt, what can you do about it? Brainstorm some ideas as to what you might do to make more or spend less money .



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