1. Know Your Bottom Line

The first step to any successful financial strategy—personal or professional—is knowing what you’re working with. For families, that means having a budget that outlines what you can spend and where. For businesses, it means having a clear financial plan that shows revenue, expenses and the timing of cash flow.

I run a small farming operation, and I check my numbers often to make sure I’m not running in the red. No matter the size of your operation, the principle is the same: clarity leads to better decisions.

When you know your numbers inside and out, it’s easier to make smart calls. Can you afford a new tractor this year? Should you lease that extra acreage next door? Is it better to pay cash or finance your seed purchase? These decisions become clearer when you have a solid grasp of your financial picture.

2. Be Smart with the Money You Have (and the Money You Borrow)

Managing money wisely isn’t just about avoiding debt—it’s about knowing when and how to use it. In farming, borrowing is often necessary to bridge the gap between planting and harvest. That’s not reckless—it’s reality. The key is having a plan.

Borrowing with a clear return on investment—whether it’s for a new crop, a more efficient piece of equipment or an expansion opportunity— isn’t just acceptable, it’s often strategic. The difference lies in doing it with intention, not impulse.

At the same time, building up reserves when you can—even modest ones—gives you flexibility. Think of it like keeping your tools sharp. When the right opportunity comes along, you want to be ready to act, not scrambling for resources. As the saying goes, ‘Keep your powder dry’—in other words, be ready to act when opportunity knocks.

3. Understand the Terms

Every transaction comes with terms—even when you’re paying cash. But many people overlook the fine print, especially when financing is involved.

Some offers sound great on the surface—like 0% interest—but may include conditions that increase the borrowing cost if not met. For example, that 0% rate might only apply if you pay off the balance in a few months, and there could be early payoff fees or hidden charges.

Payment due dates are another critical detail. A low interest rate doesn’t help if the payment schedule doesn’t align with your cash flow. Choosing terms that match when you have money in the bank helps you stay ahead and avoid surprises.

4. Find the Right Financing Fit

While financing can help bridge gaps, it’s even more valuable when used as part of a well-planned financial game plan. At Nutrien Financial™, we’re not in the business to be a lender of last resort— we’re a strategic ally. Many of our customers choose to work with us not because they’re out of options, but because they see value in financing that aligns with their goals.

Farm operations of all sizes use financing to manage cash flow, invest in growth or seize timely opportunities. Our goal is to offer competitive terms and flexible options that help you make confident, forward-thinking decisions.

One place to explore financing options is in the Nutrien HUB—a secure, online portal built just for our customers. The Nutrien HUB is more than just a place to view financing offers; make payments, download purchase history or view your agronomic plan.

When it comes to financing, the Nutrien HUB shows you customized offers available in your region, with clear, easy-to-understand terms—no confusing fine print. You can quickly review the details, compare options and apply for credit directly through the platform. It’s a simple, transparent way to stay in control of your financial decisions and take advantage of opportunities when they arise.