Is he mad?

Discussion in 'Agricultural Matters' started by Steakeater, Jan 11, 2017.

  1. Steakeater

    Steakeater Member

    Recently spoke to a mate of mine from University, he is currently working in an office job earning around 60k per year in his late twenties and is talking about packing it all in and renting a dairy farm local to him in the South West! The farm is 200 acres and he says he has enough savings to buy 100 cows.

    He has a regular steady income with holidays etc. and maybe earn more in the future? He is adamant he wants to get back into the countryside working. His parents keep sucklers but it isn't a viable unit for him too.

    Is he mad?
     
  2. Yes. He should wait until after 2020 at least.

    Also 60k a year is ferking good money for someone in there twenties.
     
  3. 7610 super q

    7610 super q Member

    Location:
    Crapweathershire
    Hello,

    Yes,

    Goodbye.
     
  4. Campbell

    Campbell Member

    Location:
    Herefordshire
    After seeing all those zombie like city commuters stressed out from the current transport problems, I can see his point. Must be more to life than that for some folks.
     
  5. gone

    gone Member

    Location:
    Carlow Ireland
    These are uncertain times for farming in the UK, I would wait till after Brexit is sorted out to see what it's effect will be.
     
  6. Steakeater

    Steakeater Member

    He might actually be thirty now, in around that age anyway!
     
  7. Pasty

    Pasty Member

    Location:
    Devon
    Problem is that I was the 'clever' one in our family so brother went on to the farm and I was 'lucky' enough to escape. I was endlessly encouraged to be an accountant or banker. That's despite him being more interested in tech and me in shooting, fishing, animals etc. So I didn't get a go and when we did up a barn on the farm as a base for one of my businesses I used to watch Dad out there sorting hedges and fences and whatever and thought 'Crap, that's what I want'. So I made that happen and couldn't be happier. It's all very well saying you run a million pound etail business but it doesn't matter a bit if you are bored, stressed and unhappy.

    Money doesn't really come into it. It's happiness. You can get by on little money if you are happy in your work and have a loving family. I would ask all the farmers who think he's mad why they don't sell up (assuming they own) and get a 9-5 job? Do it or don't. There is your answer.
     
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  8. Janovich

    Janovich Member

    Location:
    Lancashire
    What he said... (y)
     
  9. 7610 super q

    7610 super q Member

    Location:
    Crapweathershire
    This is true.....but.....he's used to getting £60k. Another milk price crash, or god forbid something like F & M again, and life trying to make a go of it on a rented farm may not be so rosy.
     
  10. Janovich

    Janovich Member

    Location:
    Lancashire
    But I'm sure he's factored all of this into his decision... it's obviously not about the money,...its about being happy in his work, as well as having a bootiful view to wake up to every single morning, with no commute (other than a walk over to the yard!).... and perhaps just being 'his own boss'. ;)
     
  11. hindmaist

    hindmaist Member

    If the guys smart enough to earn £60k a year in an office he'll no doubt be able to go back to a similair job if the milking doesn't work out.I don't think he's mad.People should be happy in their work,if at all possible.
     
  12. Pasty

    Pasty Member

    Location:
    Devon
    That's it. Plus 1000 possibilities of what you could do today.
     
    Janovich likes this.
  13. Steakeater

    Steakeater Member

    To be fair I think his commute is only about 15-20 mins and he says he quite enjoys his job but it is just not farming and he would rather be his own boss.
     
    Janovich likes this.
  14. oldoaktree

    oldoaktree Member

    Location:
    County Durham
    I'd tell him to think very carefully about it remaind him of hidden cost :- accounts fees bankers fees insurance on just about everything and they'll be more than those the list will go on and on and I'll dare say he may be left with a bit at the end of the year but it will be like pushing water up hill .
    It's alright to say money's not everything but you can't live without it .
    To be happy in your work is great but I dare say that less than 50% of people are and that's been generous , so sometimes you've just got get on with it .
    If it were me I'd as someone has said wait until it's clear what will happen come 2020 and save a bit more .
     
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  15. Steakeater

    Steakeater Member

    What difference will 2020 really make? Don't think he will get SFP anyway as he has no entitlements?
     
    multi power likes this.
  16. Janovich

    Janovich Member

    Location:
    Lancashire
    Does he have an OH @Steakeater ?... just thinking that her wage would go some way to supporting the change too if he were to do it.
     
  17. Steakeater

    Steakeater Member

    Yes, but don't think he is factoring that in! He reckons he should be able to make close to 50-60k from milking 130 cows?
     
  18. topground

    topground Member

    Location:
    North Somerset.
    Not currently an Accountant then!
     
    Rossymons, bar718, graham99 and 10 others like this.
  19. Steakeater

    Steakeater Member

    Engineer
     
  20. oldoaktree

    oldoaktree Member

    Location:
    County Durham
    He could buy some. I also think rents will come down
     
    Steakeater likes this.

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