Probably shouldn't ask this, but what are we talking annually? - Page 2

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Probably shouldn't ask this, but what are we talking annually?

This is a discussion on Probably shouldn't ask this, but what are we talking annually? within the New to Horses forums, part of the Keeping and Caring for Horses category

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        08-28-2013, 11:17 AM
    This is like asking me how much I weigh.......I don't want to admit it!!!
    beau159, Endiku, natisha and 1 others like this.
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        08-28-2013, 11:20 AM
    Green Broke
    Originally Posted by Muppetgirl    
    This is like asking me how much I weigh.......I don't want to admit it!!!
    Denial has its place.
    My2Geldings, DimSum and Muppetgirl like this.
        08-28-2013, 11:25 AM
    If horses were anywhere NEAR that expensive I wouldn't own any. I'd say maybe 5,000 if there's no vet bills for the year - and that's for two horses! Given that nothing of emergency pops up it's just board, shots, teeth, and feet that get paid for regularly. Maybe a new piece of tack, but that's not really NECESSARY and if I can't afford it I don't have to buy it. I don't buy any fancy feed, both horses just get hay. I can't even fathom how it could get up to 45 THOUSAND dollars... And then hear "Is that enough?"
        08-28-2013, 12:44 PM
    Here is a great article about the costs of owning a horse. It breaks down the costs into different categories. Buying a horse can be very inexpensive but that is the cheapest part of horse ownership. The daily upkeep is the most expensive as well as all of the accessories that go into owning a horse. Plus you need to have a savings set aside for emergencies and routine vet bills as they come up. And usually they will come up. But all in all your budget is large compared to the average horse owner. The majority of horse owners in the U.S. Make less then $50,000 per year.
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        08-28-2013, 12:45 PM
    If you are engaging a professional trainer for either you or your horse, live in a high cost area and are in a total care facility, if you intend to show and are hauling then you could easily exceed that depending on the caliber of trainer and level of shows. Most pay no where near that though.
        08-28-2013, 09:13 PM
    Ive done my research before getting joker and it totals about 10,000 a year.thats with $1000 in the savings account in case my insurance would max out. I don't make as much as what youve got saved up and I know ill be fine. It does depend on showing,board cosrs,feed what type of tack your getting,insurance but if horses were 45,000 a year id never be able to own
        08-28-2013, 10:14 PM
    Well I should be paying $1,000/month in board between the 2 horses in paddocks. You have farrier and feed which is about $1,200/year then you have tack and equipment depending on what you need. There is also things like membership and insurance which is another $800/year.

    Its one of those things that I rather not look into because I know I'll make myself hit my head against the wall if I actually looked at how much I spend on the horses every year
        08-29-2013, 10:09 PM
    Well, I do live in the most expensive state, but its not like im going to be boarding my horse in Times Square LOL! Probably NY and showing well, that's more my thing so I figured expenses were going to be larger... But anyways thanks guys at least I know im now running into a ditch without a ladder.
        08-30-2013, 11:13 AM
    Green Broke
    I was going to split expenses with a friend of mine on a horse. We figured it would come to roughly $400 a month if we lumped all the years expenses and divided by 12. That's with hay (we have NO supplemental grazing), grain, shoes, vet, and insurance. We ended up not going through with the arrangement, but it would have cost us all together about $5,000 yearly, baseline. That doesn't include horse related purchases (tack, fly spray, etc) or emergency vet. I'd say $6,000 would be pretty comfortable.

    Boy.... What I could do with $45,000 a year to just spend on horses.

    Are you in NY? I am too.
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        08-30-2013, 11:56 AM
    Green Broke
    It sounds like a lot of money, but I'm guessing if you want to board at a show barn near NYC you could easily get into the $1500-2000/month range for board. I would think $45k would be plenty, but I also know it's not going to go nearly as far in your area as it would in mine!

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