Ep. 110 - Record High Cattle Prices Won't Build Wealth On Their Own - Here's What Will

Cattle prices are at record highs right now, and that's genuinely exciting. But high prices don't automatically build wealth. In this episode, Winnie Lau and Lacy Rowan dig into why, and what producers can do about it before the window closes. They cover Parkinson's Law,  the quiet force that causes expenses to rise every time income does,  and why the instinct to wipe out debt the moment a windfall arrives isn't always the most strategic move.  From calving season urgency to Winnie's own experience riding Alberta's real estate boom and bust, this episode connects the psychology of money to the real decisions producers face right now. Hosted by Winnie Lau & Lacy Rowan - Ranch Your Way Start Here: www.ranchyourway.com Book Bundle: Farming Without the Bank -- Canadian Edition + Becoming Your Own Banker (paperback + audio) Watch our Podcast on YouTube or listen on Apple Podcasts, Spotify, and iHeart Radio Subscribe so you never miss an episode! Order the Paperback + Audio Here