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boon
Posts: 1
| I inherited a large sum of money this year and will have large chunks quarterly from here to my end. I toyed with the idea of buying a ready made 1D'er, seriously. Then I decided that that much money could earn too much for me elsewhere. So I bought a very nice 2yo prospect instead. Part of the reasoning is also that I will be able to get to know the young one as she grows up and advances in her training. If I dropped $30K ++ on a finished horse I'd have to hope I could learn to keep up without turning the horse into a nice 3D'er. That's a maybe-maybe not for most riders. Not worth the risk.
I've also eyed the big trailer, new truck, a Caldwell, breeding to DTF, all those big ticket items I never thought I'd be able to. The DTF breeding is the only one still on the table. | |
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 Elite Veteran
Posts: 929
 
| dRowe - 2017-10-28 2:02 PM
I've never heard the term "designer futurity horse" before, but that definitely describes my second horse!!!!! My husband paid for half, and I used my enormous savings for the other half (I have a great paying job, he has his own successful business).
She arrived in tip top shape. Beautiful. Now, 8 months later, she is out of shape and about to be sent to a trainer for some basics and fancy buttons.
So we could afford her. But with a part time job and 2 higher-maintenance human children, I can't keep up with what the horse needs. Luckily she's very young so I have given her time off to be a horse I think she'll be better off for it. But I got in over my head. Oops.
This is me, too. But I did not spend in over my head. Got a cheap yet well bred horse that I thought I could make into a star. Had some unplanned life events get in the way.
I still feel bad that I haven't made my colt into what I want, but don't feel as bad as I would have if I had spent $30k on one. I just don't have the time to work on my horse. We live in California- which sucks the "being able to afford anything but the bare minimum" out of it all, too. Even the ability to pick up and move away from this state at the moment.
The plus side? I have a job that I enjoy and pays well. I have the option of riding my horse almost any day of the year if I could get out there.
To the OP: Start with something not as fancy...make one yourself and sell to get something better. Just keep upgrading if you want to. Or a solid 2-3D horse that wins regularly that isn't so costly. Money is always nice, no matter what you spent on your horse. 
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 Elite Veteran
Posts: 602
| got boost? - 2017-10-30 4:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
I have a masters degree and make good money. I couldnt imagine paying $30k for a horse, even if i had $100k in my bank account to spend. My comfort level when it comes to purchasing horses is alot lower than that. Any performance animal is a high risk investment (or debt haha). Some folks are willing to take the risk, others are willing to take the risk on something that has a better turnaround. (i.e buying a house) | |
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 MEOW!
Posts: 4477
Location: High heels in the air... | I'll play...I have a good job and work like an ugly stripper. I am gone 4-5 days a week, working overtime as much as possible. I set some personal goals and should be hitting all of them in about two years. I have bought the high dollar horses in the past but I am waiting for the opportunity to really put in the time to ride, get lessons and follow my dreams without worrying about money. Every one of the ones I bought in the past that were expensive were worth every cent. I made money on all but one. I just stumbled into a really good older FWF and he and I may go to some stuff but if you are going to spend big money, my advice is to have the time to make them worth more. Buying the horse is the cheapest part!!! | |
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| I might be an odd man out here but I am one of the ones who has paid a lot of $$ for a horse. Saved up the money and paid cash but the horse paid for himself in less than 6 months. Dad always told me the horse is what you invest in if you are going down the road. All the other expenses are the same whether you win or not and so its best to show up with an old truck and beat up trailer if ya u have to but pull the best horse out of the back of that thing.
Edited to add that I worked construction for 5 years and put in a lot of hours to save the money.
Edited by justgofaster 2017-11-06 11:35 PM
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10D Crack Champion
 
| I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Edited by sodapop 2017-11-07 6:10 AM
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 The One
Posts: 7997
Location: South Georgia | sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore. | |
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10D Crack Champion
| horsegirl - 2017-11-07 6:33 AM
sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore.
Exactly. I think that's why when someone says good money the specifics of all you stated should be considered. Honestly, I like to hear the amount (salary) when someone says good money......the cost of living in the area too.... Let's me know exactly what it takes in that area to live a certain way. I think it is also informative to know what jobs pay. Just saying work hard, get a degree, etc. isn't the answer. Working hard or college degree doesn't equate high pay....whatever that is to the individual person. So what is considered good money or a good salary in everyone's specific area? | |
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 Can You Hear Me Now?
Location: When you hit the middle of nowhere .. Keep driving | want2chase3 - 2017-10-31 9:11 AM
Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance.
I have two degrees; one in business management (university) and one in marketing (college).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets). I save for what I want and bought some nice horses but it took me years to do so.
I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours
ETA: I waitressed during school and came out with a car and no debts as well.
Edited by ndiehl 2017-11-08 8:27 AM
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Elite Veteran
Posts: 618
| A horse doesn't know what it costs and I laugh bc we put so much emphasis on it. My $650 track reject has outrun pro rodeo horses and horses costing 50k. Find what you like, set goals, work hard, stay humble and enjoy it!
I've had jobs making a lot more $ but am much happier working part time as a ranch hand basically making 1/2 and I have time to ENJOY my horses. | |
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 Shelter Dog Lover
Posts: 10277
| sodapop - 2017-11-08 4:04 AM horsegirl - 2017-11-07 6:33 AM sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money. Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore. Exactly. I think that's why when someone says good money the specifics of all you stated should be considered. Honestly, I like to hear the amount (salary ) when someone says good money......the cost of living in the area too.... Let's me know exactly what it takes in that area to live a certain way. I think it is also informative to know what jobs pay. Just saying work hard, get a degree, etc. isn't the answer. Working hard or college degree doesn't equate high pay....whatever that is to the individual person. So what is considered good money or a good salary in everyone's specific area?
Exactly, what you make is only 1/2 the equation, what you spend is the other half. To me good money is when you can pay cash for a high ticket item without effecting your long term cash savings, 12 months of living expenses, have no debt. I know lots of people who make good money but they don’t actually own anything, they are in debt up to their eyeballs and one missing paycheck for it to all fall apart and others who make 1/2 of those incomes but manage it well, buy small, sell big, own their vehicles, homes etc. | |
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 Expert
Posts: 3815
Location: The best kept secret in TX | I went to school for a whole semester before I finally convinced my parents that it wasn't worth it to me.
I learned a trade, worked hard, stayed humble, and was never above scrubbing the bathroom tile with a tooth brush if that's what needed to be done. I stayed late, I came in early, and I always smiled no matter what. I left it better than I found it, and never complained. I went days without eating 3 meals a day and found ways to get food cheaper. (Day old bread, 50 cent lunch meat amrked down because of the date, filling my water bottles at the fountains at our local grocery store...) No, I don't make a lot of money now to some people but I have worked very hard for the things that I do have and refuse to take no for an answer.
I've been so poor I couldn't even pay attention. Lived in an old ford pickup that rarely ran for months at a time and took showers at the petro gas station when I had a few extra dollars to spare. I will never take any job I am given for granted and I will always look for ways to save money because that's how I raised myself. If you want it bad enough, you'll find a way to get it. Whether that be going into debt to get it, or saving your pennies to pay for it. You'll find a way. Trust God's process, don't rush it. When he closes a door praise him in the hallway.  | |
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 Expert
Posts: 2128
| ndiehl - 2017-11-08 8:12 AM want2chase3 - 2017-10-31 9:11 AM Jazz's Girl - 2017-10-31 8:16 AM got boost? - 2017-10-30 6:31 PM I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices.............. Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business. You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped. Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper. This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance. I have two degrees; one in business management (university ) and one in marketing (college ).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently ) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets ). I save for what I want and bought some nice horses but it took me years to do so. I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours ETA: I waitressed during school and came out with a car and no debts as well.
I think people underestimate what waitresses are capable of bringing home. I waitressed in high school and through college (and I would do it again if I lost my current job). I made more money waiting tables than lots of grown women with "real jobs" that I knew. I advise most of my younger college aged family members-friends to give it a try. You cant make that kind of money at a bank window or other jobs normally held by students/young adults. | |
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Expert
Posts: 3815
Location: The best kept secret in TX | ndiehl - 2017-11-08 8:12 AM want2chase3 - 2017-10-31 9:11 AM Jazz's Girl - 2017-10-31 8:16 AM got boost? - 2017-10-30 6:31 PM I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices.............. Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business. You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped. Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper. This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance. I have two degrees; one in business management (university ) and one in marketing (college ).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently ) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets ). I save for what I want and bought some nice horses but it took me years to do so. I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours ETA: I waitressed during school and came out with a car and no debts as well.
My friend recently quit her office job to waitress again. She is making more as a bartender/waitress than she ever thought about making behind a desk. She has flexible hours and doesn't have to pay for a sitter since she can work around her Husbands schedule.
Her husband gets tickled when people say things like: Are you ever going to make her get a real job? He just laughs and says my wife makes more in 6 months than your wife makes all year... and he's right...  | |
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 My Heart Be Happy
Posts: 9159
Location: Arkansas | IRunOnFaith - 2017-11-09 8:30 AM
I went to school for a whole semester before I finally convinced my parents that it wasn't worth it to me.
I learned a trade, worked hard, stayed humble, and was never above scrubbing the bathroom tile with a tooth brush if that's what needed to be done. I stayed late, I came in early, and I always smiled no matter what. I left it better than I found it, and never complained. I went days without eating 3 meals a day and found ways to get food cheaper. (Day old bread, 50 cent lunch meat amrked down because of the date, filling my water bottles at the fountains at our local grocery store...) No, I don't make a lot of money now to some people but I have worked very hard for the things that I do have and refuse to take no for an answer.
I've been so poor I couldn't even pay attention. Lived in an old ford pickup that rarely ran for months at a time and took showers at the petro gas station when I had a few extra dollars to spare. I will never take any job I am given for granted and I will always look for ways to save money because that's how I raised myself. If you want it bad enough, you'll find a way to get it. Whether that be going into debt to get it, or saving your pennies to pay for it. You'll find a way. Trust God's process, don't rush it. When he closes a door praise him in the hallway.
This is good stuff right here^^^^  | |
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 Go For It!
Location: Texas |
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
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Can You Hear Me Now?
Location: When you hit the middle of nowhere .. Keep driving | grinandbareit - 2017-11-11 2:32 PM
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
I'm in a small town with approx 600 people total but on the trans Canada highway... its seasonal but there are better days in the winter (weekends a lot of the time) and then some slower ones. The summer we run out rears off and its insane and we usually can't wait for a slower day in the winter just to breathe. The restaurant I work at has a lot of return customers who travel because we are the only one with a good reputation for having good food/service for a long time when your driving. | |
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 Horsey Gene Carrier
Posts: 1888
Location: LaBelle, Florida | Good job and good money is only good so long as you keep the job.
We were just in that position...Hubby making good money at his job for over 10 years. Layed off last week for a **** poor excuse of 'no work'. His profession is a large equipment operator (he is one of the best in the area). Road work all over the place.
So at the age of 52 he is on the hunt for another job. | |
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 Take a Picture
Posts: 12838
| After going to the barrel race last night, I realized I had forgotten this strategy. Find you some hard working guy that makes good money and grab him. After you have been marked a little while, talk him into buying you a high dollar horse. If things don't work out get a divorce and find you another man. I know several people who have never worked because they got enough to keep them going after a divorce til they found some one else. Never worked for me but it seems to work quite well for some. | |
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 Extreme Veteran
Posts: 421
Location: Texas!! | ndiehl - 2017-11-12 12:20 AM
grinandbareit - 2017-11-11 2:32 PM
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
I'm in a small town with approx 600 people total but on the trans Canada highway... its seasonal but there are better days in the winter (weekends a lot of the time ) and then some slower ones. The summer we run out rears off and its insane and we usually can't wait for a slower day in the winter just to breathe. The restaurant I work at has a lot of return customers who travel because we are the only one with a good reputation for having good food/service for a long time when your driving.
My daughter was a waitress in Anahuac, Tx. Its a small town, but she made crazy money!! The little dive she worked at was featured on the show "The Texas Bucket List" twice. It is a bar and grill so to make the good tips she had to work late and weekends. She did have to quit after a year and a half, because it was too hard to work the late hours and try and go to school, plus she could hardly find time to ride. (crazy money to me is $800 a night in cash, on a slow night she would complain if she made $200.) | |
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