Your Ag Empire

47. The Psychology of Money in Farming and Ranching


Listen Later

In this episode, Jonathon Haralson tackles a topic at the heart of every business, farm, and life decision: money. Drawing from “The Psychology of Money,” by Morgan Housel, he emphasizes the emotional side of finances, revealing that money is far more than spreadsheets and numbers. Haralson dives into how our upbringings, experiences, and fears play a significant role in our financial decision-making.

He challenges the idea that success is all about skill, reminding listeners that luck plays a part, and calls for humility and grace in the high-stakes game of agriculture. Beyond the balance sheet, Haralson pushes listeners to take ownership of what money really means to them. Whether you’re chasing millions or starting from scratch, this episode encourages you to stay grounded, stay grateful, and remember that you are worth more than paper.

In this episode, we cover:

  • The psychological baggage we bring to money decisions
  • The role of luck in success and failure
  • Why grace and humility matter in agriculture
  • The "more" trap and chasing the horizon
  • Compounding principles beyond finance
  • What it takes to get wealthy vs. staying wealthy
  • How defining "enough" leads to freedom
  • Financial planning with reason, not perfection
  • Why your scoreboard isn't everyone else's

Make sure to hit follow/subscribe so you never miss an episode.

Connect with Your Ag Empire:

  • Follow on Instagram @youragempire
  • Follow on Facebook
  • Subscribe on YouTube
  • Follow on LinkedIn
  • Follow on TikTok
  • Check out our website

Resources & Links:

  • Learn more about the Elite Mastermind and how to become a member
  • Protect your livestock investment with Empire Ag’s risk management solutions
  • Join The Dirt email subscription 
  • Book Jonathon as your next speaker

Mentioned in this episode:

Farming is a business—and at Empire Financial Services, we treat it like one. Our team helps farmers and ranchers get clarity on their finances, streamline bookkeeping, and build long-term stability. Click below to learn more.

Empire Financial Services

...more
View all episodesView all episodes
Download on the App Store

Your Ag EmpireBy Jonathon Haralson & Holly Haralson

  • 5
  • 5
  • 5
  • 5
  • 5

5

9 ratings


More shows like Your Ag Empire

View all
Jocko Podcast by Jocko DEFCOR Network

Jocko Podcast

30,808 Listeners

The Church of Eleven22 by The Church of Eleven22

The Church of Eleven22

1,056 Listeners

Working Cows - Regenerative Ranching to Maximize Profitability and Soil Health by Clay Conry

Working Cows - Regenerative Ranching to Maximize Profitability and Soil Health

438 Listeners

Undaunted.Life: A Man's Podcast by Kyle Thompson by Undaunted.Life

Undaunted.Life: A Man's Podcast by Kyle Thompson

1,749 Listeners

Cattle Chat by BCI Cattle Chat

Cattle Chat

133 Listeners

Farm4Profit Podcast by David Whitaker, Corey Hillebo, Tanner Winterhof

Farm4Profit Podcast

379 Listeners

The Shawn Ryan Show by Shawn Ryan

The Shawn Ryan Show

44,557 Listeners

Rodeo Time with Dale Brisby by Dale Brisby

Rodeo Time with Dale Brisby

1,311 Listeners

Grazing Grass Podcast sharing Regenerative Ag Stories by Grazing Grass

Grazing Grass Podcast sharing Regenerative Ag Stories

113 Listeners

Ranching Returns Podcast by Jared Luhman

Ranching Returns Podcast

231 Listeners

In The LOOP Podcast with Jordan Jo by Jordan Jo Hollabaugh

In The LOOP Podcast with Jordan Jo

173 Listeners

Working Ranch Radio Show by Justin Mills

Working Ranch Radio Show

72 Listeners

Barn Talk by Tork and Sawyer Whisler

Barn Talk

1,660 Listeners

Cowboy Life by Ross Hecox & Jim Essick

Cowboy Life

167 Listeners

Let's Freakin' Rodeo by The Cowboy Channel

Let's Freakin' Rodeo

238 Listeners