^

 

I know she doesn't want to hear it...but maybe she should sell the horse.

 

Agree.. At some point, if you're expenses are more than your income, you cut unnecessary expenses. I'd think owning a horse is unnecessary or expendable. Understandable for food, medical, etc... during transition or hard times, but if she can't keep expenses below income, you've got a long term problem on your hands.

My friend's wife has one, and all I hear about are the bills. This week, he bought a trailer for the horse, which is really nothing, since next week, he's buying the truck to tow it....

 

I'd figure out where you truly stand in the relationship before you help her out like that. I know it may sound silly with you being together for 5 years. If I were in your situation with my girlfriend a few months ago I wouldn't have thought twice about helping her out because we had been together for almost 6 years. But I was completely blindsided by her cheating about a month ago and now I'm single, luckily she doesn't owe me shit except for my single college years back, so I got out fairly clean. But I agree, helping in a big financial way without being married is risky business.

 

Don't touch her debt. Sell her horse and get her on a budget.

If you take away the 'pain' of this debt she won't learn.

 

Sorry to hear bud. You'll find someone nice, and if not - you already got the S

 

She needs a reality check and to sell the horse. That will pay debt and save the maintenance expense of that horse while she has no income. Tell her to adopt a puppy (small breeds eat less) instead.

 

No.

 

If she isn't your wife then no. Even if she was your fiance I would still say no. Tell her to take out a school loan to pay for the amount on her CC debt off. It's her fault that she's in that mess and unless she learns how to deal with it herself she'll never learn and will get into the same situation.

 

She could have just taken out a personal loan months ago or consolidate all cc into a loan and pay it off at a low interest rate there is more for actually paying off the amount owed rather than the interest on the amount owed.

you can finance 6k for 5 years and keep it under 150/mo and still pay your debt off while not worrying about it effecting your life too much. assuming the credit card is then no longer used.