As for being a new person and being able to afford a horse, here's the run down.
My budget for buying two EXCELLENT horses: $20,000 for two horses.
Replace barbed wire fences and put in top grade steel: $60,000 for 40 acres (and even then the company who gave me this quote I'm still doing background checks on to make sure they're good.. this quote includes all my security gates and features I want put in, and the dividers for each pastor.. it comes with some fancy stuff, including a front gate camera so I can authorize who's allowed in, who's not)
My dream barn with all the bells and whistles I am wanting $80,000 - $100,000
Emergency F-5 tornado safe barn: $50,00 for five stalls
Yearly medical expenses, not including emergencies: $5,000
Emergency funds set aside for emergency medical expenses: $10,000
Farrier: $2,000 a year
Legal fees: $300 to draw up basic paper work that I can keep around the barn, have people sign
Insurance costs for the first year: $5,000 (Includes liability for dumb people who don't listen when I say keep away from the barn and horses)
New trailer: $10,000 - $15,000 for a two horse with closed tack, and bumper hitch (And that's calling in an owed favor to someone who does it for a living)
New truck - with the trade in on my car: $30,000
Land repairs: $30,000 - This is to repair all the deep holes the tornado put into my land from ripping trees out, to level the area out, put down new grass, to rip out the old stuff broken stuff, put in the new, including someone that knows about horses getting rid of toxic trees and plants anywhere near me
A lot of these prices I have rounded up quite a bit, because when going though all this, problems always pop up and more money is needed to fix the problem sometimes. But yeah I am having to think long, long and deep about how much I am wanting a horse when looking at these numbers. Do I really want to finish paying the death taxes on my inheritance, then spend it this way? I know my great grandma would be thrilled. She loved horses. She would be proud of me for doing it this way, as well as keeping a garden around. But doesn't mean it's a good fit for me! I'm having to think REALLY hard about it..
The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke
Last edited by Saranda; 06-15-2016 at 08:48 PM.