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Teens Supporting your own horse.

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        08-18-2009, 10:43 AM
      #31
    Weanling
    I'm not getting one. We can just drop/delete this topic.
         
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        08-18-2009, 11:00 AM
      #32
    Super Moderator
    Quote:
    Originally Posted by rodeogirl309    
    I'm not getting one. We can just drop/delete this topic.
    I'm sorry. Keep your chin up though. You'll get one some day.
         
        08-17-2012, 12:01 AM
      #33
    Foal
    123456
         
        08-17-2012, 12:06 AM
      #34
    Trained
    Let me just say you have to work. Hard. I gets easier once you get stable a get some stuff saved but at the beginning you aren't getting anywhere fast...Patience and dedication...It's not something you can do half-heartedly.
         
        08-17-2012, 12:10 AM
      #35
    Green Broke
    I have to pay for my filly.. And I find I've already spent pay checks that I have not gotten yet:/ Save some money.. Some day it WILL happen if you try with everything you have got!
         
        08-17-2012, 08:30 AM
      #36
    Started
    Quote:
    Originally Posted by rodeogirl309    
    Haha, yea. I guess when you do the math for a year, its quite intimidating. But I guess, month by month it isn't too crazy. I'm like in love already with that palomino mare I posted....But I probably can't get a horse till next summer when I can drive myself to a job

    And that's the problem with owning a horse when you're that young and the one who is responsible for paying for it. You spend all your time going to school and going to work that you have very little time for the horse.

    I don't think a teen owning a horse is a terrible idea, but I also don't think its a good idea either. If you have means to do it, I see no problem with it. But for those who's budget is very tight it can cause more problems then its worth.
         
        08-19-2012, 09:38 PM
      #37
    Green Broke
    I'd be pretty cautious.

    I'm 22 now and I support my own horse, although in an emergency I know my dad would always help out.

    Its a tough thing, its all very well saying you only need a certain amount for board, but there are so many other costs. Like about a month ago I went out to see Rosie and she had a big chest cut. It was a Saturday night so I had to get the vet out which is never cheap, then she needed to be confined so she needed more food. I'd have to go out twice as much, which means more petrol. All in all it cost me hundreds, and it wasn't all on just the vet, but all the incidental costs.

    And that's what I think you find with horses. You convince yourself it will only cost a certain amount, but then you need to farrier, and the dentist, the saddle fitter, then all the extra costs and time getting you there and back, and that is if it all works out, if the boarding place is okay if there aren't problems. There are also many potential problems with working for board, by all means do it but make sure you can still cover the full cost if it doesn't work out.

    Then if you lose your job you say you could lease or sell. But its not that easy. It can takes months to sell a horse, it can even take months to give it away for free, and meanwhile you have to keep paying.

    So I'm not saying don't get one, I'm just saying be realistic and cautious. Try and have an emergency fund that can cover all your horse board/feed/vet/transport costs for three months or so, just in case. Even if it takes longer to save the money, be patient, good decisions now can save you from a horrible time later on.
    JaneyWaney9 likes this.
         
        08-20-2012, 01:19 PM
      #38
    Weanling
    As they say, buying the horse is the cheap part.
    What you could look into is some kind of adoption, especially with OTTB. I've noticed that some really nice, young horses are sold for under $800 on certain adoption sites, like New Vocations
    I wouldn't recommend this if you have little experience, but you sound like you know what you're doing!

    I'm 16, and I have two horses. One is a AQHA gelding I got when I was 12, and the other is a yearling filly I was given this spring, for free. I pay board, which ends up $450 a month for both of them.
    I'm in between jobs, but I've been able to work for the BO and get some board payed off.

    Basically, just keep your eyes peeled! Sometimes it doesn't end up any way you'd expect with horses, but it doesn't mean it can't be great!
         
        08-20-2012, 02:05 PM
      #39
    Foal
    I have to applaude you for being a determined girl. I myself when I was in school ventured out and got a horse. However without telling anyone other than my grandfather for over a year. However I was working, board was extremley cheap, it included shoes and I took a BIG chance on having an emergency. Thankfully it never did but I could have had something happen and would of had to figure something out.
    It sounds like you live somewhere that compared to Los Angeles owning a horse is much more attainable. Before purchasing the horse I would really make sure you have a steady income that you can depend on. That you know you can work with every month. You said your taking your parents car-for free? So that insurance bill though who is flipping it? If you are and you still have a decent amount left over per month great. If you can work off your board, and still work enough to actually have money left as well than I would say go for it. If you can work off your board, and maybe even after about a year do like a half lease. If you find out you don't really have enough time between working to cover the horse and school do a half lease and make a little money as well. Than by the time your off to college I would sell him and have some money too.
         
        08-21-2012, 03:52 PM
      #40
    Yearling
    I do! It's a lot of work. But I keep him at home. I let my hay farmers daughter ride my horse sometimes and I get a great discount on hay.I work at an Arabian barn and make about $200 a month. Then I babysit a little too.
         

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