I'm new around here but I would have to say no. I'm doing the same research you are in horses. I would say find a horse training barn like I went to today, and just pay $40 each time you want to ride, and keep the rest of your money in your pocket. After being around these wonderful people on the forums, reading books from the library, doing as much homework as I can, I can safely say I wouldn't try buying a horse unless I had $10,000 saved up in my bank for emergencies. Until then, renting a horse by the hour is a better deal.
Keep saving your money you're not using by buying a horse just yet. Eventually you'll have saved up enough you can invest in some venture that bring you in more cash, making owning a horse more affordable. Me, I own a few small house properties I rent out. Five rental houses for $1,200 a month. Even then, I don't feel comfortable owning a horse - yet. I want the best care for the horse I wish to own. Not just scraping by month to month.. Been there, done that, it sucks!
And I know, I know, some of you are going to say that amount of money, per month, is more than enough to keep a horse. But you also have to consider I have two young sons at home and anything can go wrong there at any time. Even with life insurance on everyone, stuff happens.
The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke
Last edited by Kyleen Drake; 06-09-2016 at 04:38 AM.