Planning

This paper examines how financial education significantly influences individuals' ability to make informed decisions, enhancing their economic stability and social mobility in today's economy. By reviewing literature, such as Anderson (2023) and Walstad et al. (2017), the paper highlights the benefits of early financial education for young people in managing adult financial responsibilities. Despite progress, the study notes persistent limitations in financial education accessibility across states, leaving many households vulnerable due to inadequate financial literacy. Key goals of financial education include understanding personal finance, recognizing good and bad debt, and acquiring practical budgeting skills. The paper emphasizes the need for educational leaders to implement robust financial programs and mandate financial literacy classes in high schools. By developing benchmarks for measuring financial education effectiveness, the study underscores the necessity of widespread financial education to foster a financially savvy population capable of tackling economic challenges. Author: Troy Anthony Anderson; Title: The Concept of Financial Education (FS-2024-0704).

Sales are one-time transactions. Marketing is the process by which you identify a group of people who are willing and able to become and to remain your customers. As a new farmer, you won't have established relationships with customers and potential buyers, yet. You must determine who wants and /or needs your products. These are your potential customers. Marketing takes time. But, it can be one of the most cost-effective uses of time in your business. Author: Ginger Myers; Title: Mastering Marketing for New and Beginning Farmers (FS-1139)

Starting a farm or adding a new farm enterprise can be an enjoyable and attractive business decision. This factsheet lists contacts and resources to explore as you consider a new or expanding farm enterprise. Resources from government agencies and organizations provide production information vital for starting and operating a successful farm business. Author: Shannon Dill; Title: Starting a Farm Enterprise in Maryland (EBR-2022-0648)