Financials

Authors: Paul Goeringer - James C. Hanson

The Center for Agricultural and Natural Resource Policy and UME's Beginning Farmer Success program have developed a fact sheet to help beginning farmers understand the various credit sources available in the state of Maryland and the requirements associated with each credit source, such as USDA's Farm Service Agency, a Farm Credit lender, or MARBIDCO. Authors: Paul Goeringer and Jim Hanson; Title: Review of Lender Requirements for Beginning Farmer Loan Programs (FS-975)

Authors: Sara BhaduriHauck - Paul Goeringer

Offering a horse for lease can be a good option for an owner who is unable to ride or care for their horse due to physical, time, or financial constraints but still wishes to maintain ownership. A lease can be an alternative to selling the horse, a way to cut maintenance costs, or an avenue to ensure the horse remains in work. An equine lease can take many forms, depending on how the lease agreement is constructed. This publication includes information on the factors to consider when preparing or reviewing a written lease agreement, as well as case studies that describe the terms of the leases. Authors: Sara BhaduriHauck and Paul Goeringer; Title: Considerations for Equine Lease Agreements (FS-1062)

Authors: Lacie Ashby - Nancy Lewis - Mia Russell

Financial Nuggets is a six lesson, financial educational program designed for middle school students (grades 5-8) that provides an opportunity for youth to simulate real world, financial experiencesthrough hands on learning activities. Lessons and activities are designed for 45-60 minutes and are aligned with the Maryland Financial Literacy Standards. This curriculum provides an age appropriate introduction to basic ideas such as financial decision-making as well as advanced topics, including investments and insurance. The first lesson, Financial Decisions, focuses on understanding the difference between needs and wants. Next, youth understand the relationship between careers, education and income in Lesson 2. The next lesson, Plan and Manage Money, teaches financial management and budgeting concepts to youth while Lesson 5 builds on this knowledge by exposing the youth to ideas and concepts to explain how wealth is created and built. Finally, Lesson 6 - Manage Risks and Preserve Wealth – exposes youth to risk, managing risk by way of insurance, and other wealth accumulation and preservation strategies.