Just realized how much I will spend on my horse!
 
 

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Just realized how much I will spend on my horse!

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        07-06-2014, 02:00 AM
      #1
    Weanling
    Exclamation Just realized how much I will spend on my horse!

    I have an 11 year old QH I am hoping to keep for as long as she lives, which, going by the other QH at the stable, could be mid to late twenties. It costs me $550 per month for board and farrier. Because I had some time on my hands, I calculated what I would spend if she lives to be 30 and came up with $125,400. That doesn't include vet care which I have a separate fund for. It doesn't change my plans at all, but it was a bit of a surprise when I added it all up.
         
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        07-06-2014, 03:25 AM
      #2
    Super Moderator
    Wait til you calculate how much it costs to raise a child!
         
        07-06-2014, 04:47 AM
      #3
    Green Broke
    That's if you board your horse it's whole life, if the price of board doesn't go up, and many other ifs.

    It does add up to a lot if you board. That's why when we got 6, we needed to find a place where we could keep them on our property. That cut the cost way down. We were paying $200 a month for each and now it's only $55 a month each for hay. Add in a little extra for electricity to charge the fence, pump water and heat the troughs in the winter. Still, it's a lot cheaper.
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    Emma2003 likes this.
         
        07-06-2014, 05:14 AM
      #4
    Started
    That's why I stick my head in the sand and avoid teh maths.
         
        07-06-2014, 08:28 AM
      #5
    Weanling
    How to put a price on happiness. I never try to calculate the cost. If I did I would be overwhelmed by how much I have spent on horses over 55 yrs of owning and riding them. I have often been able to keep them at home which reduces the cost considerably.
    If I didn't have horses I would be in a lot poorer shape phyically as I can be a real couch potato without the horses to keep me active.
    Right now I keep my horse at my sister's and pay $60 mon for board and pay all her feed, farrier and Vet costs. They have pasture for about 8 mon of the year so hay costs are not that great (although the cost per bale has increased a lot lately). A big run in with cross ventilation for hot weather that can be closed off for inclement weather and a stall in the barn if needed, a great life for a horse.
    Yogiwick and Emma2003 like this.
         
        07-06-2014, 08:46 AM
      #6
    Green Broke
    Quote:
    Originally Posted by Emma2003    
    I have an 11 year old QH I am hoping to keep for as long as she lives, which, going by the other QH at the stable, could be mid to late twenties. It costs me $550 per month for board and farrier. Because I had some time on my hands, I calculated what I would spend if she lives to be 30 and came up with $125,400. That doesn't include vet care which I have a separate fund for. It doesn't change my plans at all, but it was a bit of a surprise when I added it all up.
    Are you trying to depress us? Luckily I keep mine at home so my figure is much less but I spend a lot on shows and equipment to make up for it
    Emma2003 likes this.
         
        07-06-2014, 10:26 AM
      #7
    Weanling
    I think if you added up the costs for any item, you would be astonished. How much do we pay for clothes, household items, haircuts? How much do we gain as horse lovers? Woodhaven has a valid point. For us, the benefits outweigh the costs.
    Emma2003 likes this.
         
        07-06-2014, 11:04 AM
      #8
    Trained
    It's a healthy activity, gets you outdoors, makes you be physical, it's all money well spent. That's my reasoning and I am sticking to it!
         
        07-06-2014, 11:37 AM
      #9
    Weanling
    Yes they are very expensive. You wouldn't technically be spending more directly on the horses keeping them at your own place but typically places with property suitable for any number of horses are going to cost more as well. Your board instead turns into a mortgage. I would rather spend the money on my own place but it doesn't necessarily equate to a huge financial break!
    Emma2003 likes this.
         
        07-06-2014, 11:45 AM
      #10
    Started
    Welcome to the party!!!!!!!!

    I told my husband when I pass over the Pecos just dump my ashes out in the manure pile. That's where all the money is.
    Endiku, egrogan, waresbear and 7 others like this.
         

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