
05/30/07, 01:27 PM
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Farmer
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Join Date: Sep 2003
Location: MN
Posts: 337
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Quote:
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Originally Posted by Jan in CO
Ashley is pretty experienced at the 'Vet' things, as she has been in market beef projects for two years already. I think the car 'want' is just because some of the other kids her age have gotten pickups or cars lately. She is homeschooled, so doesn't really need to drive anywhere on a daily basis, and COULD drive my vehicle to 4H meetings, the store in town, etc.
We've been tossing around the idea of going into 'partnership' with her, with a written contract, and buying a cow/calf pair, with the cow being bred back, then letting her have the calf to raise, we keep the cow, and the prospective calf would be co-owned. She could buy our share if it's a heifer and keep it to raise, or pay us half the market price when she shows and sells it, keeping the rest of the profit for herself for another cow/calf or whatever.
My aunt and uncle gave each of their children a cow from their herd when they were born, and all the progeny from that cow were the make up of a herd for them when they grew up. The steers were sold, the heifers kept as breeders, etc. Made it nice for them. Of course, they have hundreds of acres of land, and can do that. We only have 10, so are limited on what we can produce.
I think we're leaning more and more towards the animal purchase, and let the car wait until she is older! Thanks for the insights! Jan in Co
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I gave each of my kids the opportunity to buy a bred beef cow when they were old enough to start in 4-H. At that time, I was running about 80 beef cows. All of them did except my youngest daughter, and she frequently wished she had. (She had rabbits and a dairy heifer as her 4-H.) I worked with them to figure the expenses of caring for their cow-calf pair and gave them what netted out. All I asked was that when they left home, they give me a cow-calf pair from their seed cows. I think it's a good idea to get the kids involved so that they learn the costs of raising livestock.
I didn't let my kids buy a vehicle when they were in high school because I didn't figure they needed their own vehicles and it would end up costing them money. We let the four of them use an old family car; we paid the insurance and they maintained the car and bought the gas.
I vote for the cow, but I'm an old cow man, so definitely biased.
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"Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity." Gen. George S. Patton Jr.
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