Join Date: Aug 2009
Location: New South Wales, Australia
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 thats 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.
Last edited by Saskia; 08-19-2012 at 10:41 PM.