70: Financial Freedom for Farmers

In this episode, I sit down with Michael Baker, CPA, Certified Financial Planner, and co-author of Financial Blind Spots, for a conversation about building financial confidence and creating more options for your farm family. Michael shares why so many farmers overlook important financial opportunities, the value of having the right advisory team, and how planning can help protect your family, your farm, and your future. We discuss common financial blind spots, creating a long-term vision, protecting your greatest assets, and why asking better questions leads to better decisions. If you're ready to take control of what you can and make proactive decisions for your family's future, this episode is for you. "Control what you can control. The only way to create possibility is to move forward. Reach out and ask questions. Just ask, ask, and ask. Eventually, you'll know." - Michael Baker, CPA Remember, successful financial planning is a journey — one step at a time. Share this episode with your farm family and community to build confidence and strengthen your financial future together. Resources Mentioned During This Episode Financial Blind Spots: A Deep Dive into Farm Finance A practical guide to building financial confidence. Values-Based Financial Planning by Bill Backrack Align your financial decisions with what matters most. Reid Wilkie, Farm Attorney in Medicine Hat Trusted legal guidance for farm families and transitions. About Our Guest Michael Baker, CPA, CA, CFP, TEP, is the founder of Baker Wealth in Medicine Hat, Alberta. With over 30 years as a professional accountant, Mike has become a leader in transforming financial landscapes, and his goal is clear: to be a visionary in financial planning and tax strategy using life insurance. At the core of his work is a single value: helping others create a life they love. He leads a balanced life and is located in Medicine Hat, AB. Mike has been happily married to Sabrina, the love of his life, for 23 years, and together they raise 16-year-old triplets — a son and two daughters.  An accomplished athlete, he played University football for the Golden Bears and has completed seven Ironman Triathlons, bringing that same discipline and devotion to everything he does. Contact Michael  Visit The Baker Wealth Website  Follow Michael on LinkedIn Follow Michael on Facebook Elaine Froese Resources: Watch this episode on YouTube. Visit the podcast website SPEAKING - book Elaine for your next event COACHING - explore Farm Transition Coaching MEMBERSHIP - become a Farm Family Transition Member FREE STUFF - downloadable tools for your farm transition CONTACT - take the next steps in your transition <l