It is tough because young kids didn't live through the 80's and why it made so many folks gun shy. I am probably the generation between you and your sons. I remember the 80's and what it did to farmers. I will fight tooth and nail to never have to borrow for farming. The land and pickup are on payments. That's enough for me.
The neighbor and I were just talking about it. You have two options. Either stay right in the thick of technology and not let the loans give you ulcers or you farm with paid for machinery and be happy with yields that fall behind others.
The new kids just expect to have payments on everything. That would break my heart everyday. I know that they can really do some amazing things with all of the gadgets. I'm just not willing to worry everyday whether the markets will be "up" so that I can pay for all of the things I use to make my living each day.
If you are farming with the older stuff you are behind. You are also in a little of a bind because the newest technology has so many sensors that it does not age well. Those of us who buy used end up hating technology because we never get it when it worked right - we have it after it is 10 years old and the wiring is cobbled up.
I've made peace with making enough money to sustain the farm and not being on the cutting edge. I don't have any kids and the nieces and nephews don't want to farm - it ends with me anyway. I like being in the dirt. Farming the old way makes me the most happy. I do just enough crops for the animals - I'm not growing wheat to send to Uganda.
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