I'll have to revisit this thread at the end of the year...as of now, I'm planning on being 100% out of the red soon enough. Then I'm planning on taking pretty much all of that and dump most of it right back in.
While far from trying to make breeding a full time gig, I'll admit that I do want to and plan to make some money. Not a lot, but more than just to cover costs. If I wanted a hobby that is an endless money pit, I'd learn to play golf.