Horses: Vow of Poverty or Stupidity?
2010 February 22
by Elizabeth
Over the past few weeks, I’ve been part of several conversations that reminded me of the inherent dangers of our sport. It’s not the physical danger; it’s the threat of complete financial ruin. Read the rest of this story on Chronicle of the Horse.
Admit it, you know what I’m talking about. Here’s a link to a recent COTH forum thread written by a woman who is currently hiding $9,000 in credit card debt from her spouse called “Can you truly afford horses?” The 188 responses range from sympathetic to downright scathing and rude. There’s even a spinoff thread that questions whether any horse expense should take precedence over debt repayment, which merited an additional 28 replies.
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I um… don’t think much about financial responsibility. The really important stuff (my truck payment, my student loans, my rent) get paid via automatic debit as soon as I get paid so I can’t spend that money on horses, but other than that… if the ATM keeps spitting out money… I don’t really think much about it. I figure while I’m single and have little to no other responsibilities, my horses can have all my money.