In farming, wealth has less to do with cash flow than one’s accumulated assets: Property, buildings, machinery, storage bins, livestock. In farming, cash does not flow consistently, as well bi-weekly pay cheques.
Rather, large sums may go to the bank when part of the herd is sold, or the harvested crop is delivered. Then, months may go without additional deposits. Of course, expenses do not necessarily follow this timing. Fuel must be purchased to run the equipment and heat homes and barns. Food must be purchased to feed the family and livestock. Buildings and fences need upkeep and repairs. When unexpected bills arrive, where does the farmer come up with the cash?
Those same assets are in essence the farmer’s bank account. An old piece of machinery might be set out by the road with a “For Sale” sing on it. Some of those bales of hay stacked in the barn might be sold to hobby-farm owners. A few head of cattle might go to the stock yard. Some times these might be bartered with someone who can provide the service.
Recently, our neighbor, with whom we raise goats, had a number of vehicle repairs to attend to. We selected which goats to keep for breeding and which to send to the sale. Our barn will be a little quieter for a while. But, then there are all those ducks following me around every morning.