I was in a bad, bad, bad car accident Wednesday. I hit someone at 50 mph, with no breaks at all , so my momentum was full force. I had to go to the hospital, all of that. It was not my fault in any way, shape, or form. I am fine, just a little back damage and a little shaken up.
Anyways, the insurance company is giving us 3000 more than what my car is worth, and my dad said I could use it to buy a horse now, instead of waiting for christmas to by it on my own. My question is:
Total, I will have around 4,000 dollars to spend. How much should I pull from that to save as a cushion to take care of it for a while? How much would you save for buying the horse, and save for board, feed, etc.?