Thinking of buying a horse
   

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Thinking of buying a horse

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    • 1 Post By OkieGal

     
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        04-02-2012, 10:14 PM
      #1
    Foal
    Thinking of buying a horse

    Hi all
    I am thinking of buying a horse. I just finished 4 months of co op for high school at a barn and I do ground training there now once a week. I am in Ontario so boarding is $200-$400 a month near me. The biggest question I have is I make about $9000 to 10000 a year at a retail store and am still at home and in high school.
    I know its a lot of money once you buy a horse. It seems like I can afford it but I thought I would ask.
    Any help would be great.
         
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        04-02-2012, 10:23 PM
      #2
    Banned
    Horses can cost $5000-$7000 a year for basic needs and care.
    Figure in vet care, tack, training, all the neat little extras and things get PRETTY pricey.
    Don't be surprised to spend a large chunk of your earnings on your horse.

    But, where there is a will, there is a way. I believe you can do it.
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        04-02-2012, 10:54 PM
      #3
    Green Broke
    Sometimes horses are expensive, sometimes they're not, it all depends on the choices you make.

    All up I'd get less than $15,000 a year and I live out of home, cover all my own expenses and last year I could still afford a horse so I think it is doable, but there are often sacrifices you need to make.
         
        04-03-2012, 09:25 AM
      #4
    Weanling
    I think you'd be cutting it pretty close... Have you considered leasing instead of buying? That way if you find out you really can't afford it you don't have to worry about selling the horse etc. and you still get all the advantages of having your own horse.
         
        04-03-2012, 10:16 AM
      #5
    Weanling
    Hope this helps.
    Board $300 month = $3600
    Farrier $35 x7 = $245
    Vet =$300


    That is without feed
         
        04-03-2012, 10:30 AM
      #6
    Weanling
    Quote:
    Originally Posted by cowboy bowhunter    
    Hope this helps.
    Board $300 month = $3600
    Farrier $35 x7 = $245
    Vet =$300


    That is without feed
    That's also a very cheap farrier, for a horse who doesn't get shoes. (At least where I live.)
         
        04-05-2012, 09:10 PM
      #7
    Foal
    Thanks everyone for the help.
         
        04-05-2012, 09:15 PM
      #8
    Green Broke
    My biggest concern is what you will do once you are out of high school.
         
        04-05-2012, 09:15 PM
      #9
    Green Broke
    Quote:
    Originally Posted by cowboy bowhunter    
    Hope this helps.
    Board $300 month = $3600
    Farrier $35 x7 = $245
    Vet =$300


    That is without feed
    Or injuries, tack, trailer, gas and what ever else comes up
         
        04-06-2012, 12:30 PM
      #10
    Banned
    Just aiming on the high side for you.

    Board: $400 x 12 = $4800
    Farrier every 6 weeks, no shoes: $50 x 9 = $450
    Vet: $500
    Hay: $150 x 12 = $1800
    Feed $100 x 12 = $1200
    All equals $8750

    Like I said, high side. As you go, you'll figure out your horse's needs and adjust your budget to it. All horses are different. An easy-keeper would be a better option feeding wise for your first horse. But, like I said, all horses are different.
         

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