Join Date: Oct 2009
Location: Just south of sanity
I'm an accountant by trade. It can be a very lucrative career choice, and has enabled me to afford my 5 acre farmette and keep my horses at home.
A career in horses will never make you rich, plus there are no benefits such as medical insurance, retirement funding, or paid days off. If you're an independent contractor like a trainer, anything like that will have to be paid by you, and any time off you take will be unpaid.
I know more than one person who has made their career in horses, and unless you become a famous trainer or already have a fortune to fall back on, the majority of these people doing it full time rarely have two cents to rub together. Most of them rent, and will never be able to afford to own their own homes.
If you want to follow another career path, just remember there are trade-offs there, too. I have a 35 y/o horse trailer, and a 12 y/o truck. I rarely buy anything new for myself or go on vacation, and unless someone treats me, I don't eat out or go to the movies. I shop at Goodwill for all my clothes, and don't have a computer at home. My cell phone is an outdated Nokia with a pay-as-you-go plan, and I have nothing more than basic satellite TV service.
I make a decent salary, but owning horses is not a poor person's endeavor. I spend the majority of my money making sure my animals are safe, well fed, and looked after medically and physically.
Living like that isn't for everyone though, and if you think you can't compromise your own creature comforts and toys for those of your animals, then owning only one and boarding it may be your best option.