Is this enough money? - The Horse Forum
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post #1 of 39 Old 06-08-2016, 05:03 PM Thread Starter
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Is this enough money?

Say I make $100-140 per week...no bills, school, groceries, pretty much nothing else to pay for...do you think it's enough/too little/more than enough for keeping a horse?
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post #2 of 39 Old 06-08-2016, 05:07 PM Thread Starter
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BTW this is just for keeping a horse for 'fun' no competitions or anything like that
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post #3 of 39 Old 06-08-2016, 05:17 PM
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With absolutely nothing else to pay for, possibly, but it'll be bare bones and not much savings for vet bills and the inevitable.


Example: Say you have 1 super easy keeper horse who is sound and requires no special maintenance. And you find a good self-care boarding situation. Around here, even self care board runs around $300/month. Then factor in feed. Hay is $250/ton average here. A 1,000 lb horse will need at least 20 lbs of hay per day x 30 days = 600lbs/month MINIMUM. $75/month in hay. Add in ration balancer and/or vitamin/mineral supplement, salt lick et cetera, expect to pony up another $50+/month. Feet should be done every 4-6 weeks, and let's assume best case scenario that the horse can go barefoot. Expect around $50/trim, let's call it $50/month for math ease. If you have to provide shavings or bedding for a stall, you will need to factor in more, but let's say it's pasture board with a run in.
MONTHLY costs: $475


Then, factor in the annual costs of vet checks, vaccinations, periodic deworming, tack, tack repairs, blankets, blanket repairs. Budget an additional $500-$1000/year. If you save a little and put it into an account, you should be saving $42-84/month


So in an ideal world, with the lowest level of care acceptable, you should be making closer to $600/month just to squeak by.

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post #4 of 39 Old 06-08-2016, 05:20 PM
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I agree that bare minimum to keep a horse in most areas of the country, on a budget/no frills basis, would be at least $600-$800 depending on where you live. It could even be more if you live in an extremely expensive area of the country. And that's HORSE expenses - if you are not paying for gas, incidentals like snacks, dinner or a movie every so often, or things like clothes for yourself.

If you only make that much per week, you will be better off A> spending your money on lessons, and B> after you are comfortable in lessons, finding a horse to lease. You could also C> get a better job or do jobs on the side. If you are OK with kids, babysitting/nannying is a great way to go and pays decently for someone who is just starting out.
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post #5 of 39 Old 06-08-2016, 05:27 PM
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That would be really tight, and you'd need a savings account for vet emergencies. If you are on a limited budget, I'd look for a partial lease situation.
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post #6 of 39 Old 06-08-2016, 06:00 PM
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No. It is too tight for the random emergency that WILL eventually pop up for you and you horse. And eventually you will need to pay for groceries, bills... Etc. better to save than to get yourself and your horse in a tight and horrifying spot.
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post #7 of 39 Old 06-08-2016, 06:01 PM
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Where are you guys living that it cost that much?

Self-Care is $125 here. I go through one round bale of hay per horse a month. $60 for a good quality round bale. Ration balancer is $23 for a 40 day supply. A trim is $30. 50lbs of salt is $6 and it last me a few months since I feed loose salt.

Full-Care where OP would only need to worry about supplements and hooves and of course vet is about $350 in my area.
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post #8 of 39 Old 06-08-2016, 06:04 PM
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I agree that this seems a little too low for my liking.
In most states/boarding situations, the cheapest you will possibly find is around $200. Even if OP did find that situation, that still does not leave much for vet/farrier/tack/any unforeseen expenses...

Why not try leasing a horse?
I'm certain you could find at least a half lease at a fairly nice facility for that price.

The sensitivity of the internet baffles me.
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post #9 of 39 Old 06-08-2016, 06:20 PM
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I'm a newbie with a question about leasing. Does the cost of the lease typically include full-service? What would the typical split be between rider/owner? I live near Boston where everything is $$$.
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post #10 of 39 Old 06-08-2016, 06:34 PM Thread Starter
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Horse Boarding | horses, ponies for rehoming | Edmonton | Kijiji

Horse Boarding | animal, pet services | Edmonton | Kijiji

Pricing - Jackson Homesteaders

These are the boarding places that interested me. Sad to hear that that's not enough to care for a horse! :( I thought it might have been...I am dependent on my parents and in my culture we don't leave until marriage. I don't have much of a social life either. So I literally have nothing else to pay for. All I ever spend money on, if anything is maybe clothes that I end up not wearing and skin care stuff. Is it really not possible?

I thought by making around $400-560 every month (unless my math is wrong, I am terrible at math) it might have been enough. About $125-200 would have went to the boarding facility, and the rest would be saved each month for all the other necessities...
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