Mrs Jingle
Well-Known Member
Someone once told me only to spend on a horse the amount you could afford to write off.
If you (OP) spent your windfall on this horse and it went lame and had to be retired, can you afford to lose the money, ie what sort of money do you have at your disposal to get another horse if you wanted to?
Great advice Reacher and something I have always stuck to when buying a new horse. Still hurts emotionally and financially when things go pear shaped, but still having some left in the horse kitty is some consolation.