A Nebraska Extension course designed to help farmers and ranchers improve their decision-making by better understanding their current financial positions will begin Aug. 1.

Know Your Numbers, Know Your Options is a four-part record-keeping course that teaches producers how big decisions like large purchases, new leases or changes in production will affect their bottom line. Participants will work through the financial statements of a case study farm, while watching pre-recorded videos, completing assignments and participating in video chats. Upon completion of this program, participants will have a better understanding of how financial records can be used to make decisions and confidently discuss their financial position with their family, business partners, and lenders. 

Sessions will be held online, from 9 a.m. to noon (central), on Aug. 1, 8, 15 and 22. 

Participants should have a good internet connection and plan on attending each of the four workshop dates. 

The course fee is $20 per participant and class size is limited to 20 people. Register online at https://wia.unl.edu/know.

Know Your Numbers, Know Your Options is hosted by Nebraska Extension and made possible by Annie's Project, which is supported by Farm Credit Services of America in Nebraska.