Money Earning Tips! - The Horse Forum
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post #1 of 10 Old 11-15-2014, 12:47 PM Thread Starter
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Money Earning Tips!

Hi everyone!

I'm new here.

So, i've been riding for about two years. I usually go to my friend's stable, and she let's me ride one of her western horses. I also sometimes volunteer at a therapudic riding school and a horse rescue. I ride about maybe 1-3 times a week, and go to the rescue once a month (it's far from my house).

I think i'm ready to buy my own horse now. I've done loads of research on their care, their feed, etc.

There are only a couple stables within 30 minutes from my house. They all charge between $600-$700 for box stall or pipe stall boarding. I found a stable though that charges $450 a month for pasture boarding. I also need a lot of money to buy all of the tack and pay for vet bills.


So far I only have $350 dollars saved, which I know is nothing in the horse world, but any tips on how I can earn more? I'm a minor, so I can't get a real job. I tried dog walking, but everyone in my neighborhood either already has one, or there dogs are too old to walk.

I really want to pay for everything myself, but i'm pretty sure my parents would help me out with some of it. I also need additional money to actually buy the horse (probably a quarter horse from a rescue).

Thanks for any tips!
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post #2 of 10 Old 11-15-2014, 12:56 PM
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Before you go any further have you talked to your parents about this? I would talk to them and see how they felt about this plan, and discuss it. There's a lot more that goes into horse ownership than what you've listed financially, as well as unplanned expenses. Have you been taking lessons any where from a trainer and getting a more in-depth education, or do you plan to do so at the boarding facility? Talk with your parents and see what you can all do together. It may be that they want you to take lessons, and try a lease option before investing thousands of dollars in horse ownership. Also I thought as a minor my parents would be able to just help me out with my horse but the reality was that without them paying the bills my horse would've been sold. There were so many other unforseeable financial actions that came up in the span of one year.

Sorry if I assumed anything, these were just things missing from the post.
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Incitatus32 is offline  
post #3 of 10 Old 11-15-2014, 01:08 PM
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First before you jump the gun there's a few questions you should answer, if you want.

Do you plan on going to college? If so can you afford that & a horse?

Those are some pricey board rates. What happens if you can't keep it up?
I assume you are still in school. Will you have time to work jobs outside of school work? Will your grades suffer?

Did your parents give you the 'go ahead.?'

Back to your question. Baby sitting, yard cleaning/mowing- stuff not too hard but things people wouldn't mind paying others to do. But that's not a count on steady income.
Stall cleaner, feeder- that requires a ride there & back, as do most jobs, unless you already drive & have a vehicle.

Unless your parents financially back you in this I don't see how odd jobs could do it in the long run.

Maybe leasing would be a better option than owning at this stage of your life.

Maybe others will have better tips or have done it themselves. Sorry.
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post #4 of 10 Old 11-15-2014, 01:10 PM
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Quote:
Originally Posted by Incitatus32 View Post
Before you go any further have you talked to your parents about this? I would talk to them and see how they felt about this plan, and discuss it. There's a lot more that goes into horse ownership than what you've listed financially, as well as unplanned expenses. Have you been taking lessons any where from a trainer and getting a more in-depth education, or do you plan to do so at the boarding facility? Talk with your parents and see what you can all do together. It may be that they want you to take lessons, and try a lease option before investing thousands of dollars in horse ownership. Also I thought as a minor my parents would be able to just help me out with my horse but the reality was that without them paying the bills my horse would've been sold. There were so many other unforseeable financial actions that came up in the span of one year.

Sorry if I assumed anything, these were just things missing from the post.
You sure type fast!
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post #5 of 10 Old 11-15-2014, 02:29 PM
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I personally think you should wait until after university/college because to have a horse while trying to pay tuition would be too much money and time. But, if you really are set in this try getting a paper route. The money's not great and it takes a lot of work but at least you'd be making something. Good luck!

"Wit beyond measure is man's greatest treasure"
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post #6 of 10 Old 11-15-2014, 02:31 PM
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Quote:
Originally Posted by natisha View Post
First before you jump the gun there's a few questions you should answer, if you want.

Do you plan on going to college? If so can you afford that & a horse?

Those are some pricey board rates. What happens if you can't keep it up?
I assume you are still in school. Will you have time to work jobs outside of school work? Will your grades suffer?

Did your parents give you the 'go ahead.?'

Back to your question. Baby sitting, yard cleaning/mowing- stuff not too hard but things people wouldn't mind paying others to do. But that's not a count on steady income.
Stall cleaner, feeder- that requires a ride there & back, as do most jobs, unless you already drive & have a vehicle.

Unless your parents financially back you in this I don't see how odd jobs could do it in the long run.

Maybe leasing would be a better option than owning at this stage of your life.

Maybe others will have better tips or have done it themselves. Sorry.
Oh I agree with natisha, you should probably lease right now and see if you can handle the commitment of leasing before buying.

"Wit beyond measure is man's greatest treasure"
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post #7 of 10 Old 11-15-2014, 03:26 PM
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Quote:
Originally Posted by natisha View Post
You sure type fast!
I blame the copious amounts of coffee I've had within the last few hours! *Note to self refrain from this much coffee in the future*

OP I did want to add something. Have you asked around about potential leases or other horse owners around you what they typically spend in a month, and then year? It may give you better insight to the expenses around you locally. :)
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post #8 of 10 Old 11-15-2014, 04:07 PM Thread Starter
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Hi all! Thanks so much for the replies!

- I definetly do plan on going to college, but I still have a while. My parents have a college bank account for me, and it already has $90,000. So I don't have to worry about not being able to afford to care for a horse and college.

- I would pasture the horse for $450 a month. It's a family owned stable. I called the lady there, and she said that if mucked some of the other horses stalls, and help around, that she could lower it to $200-300 depending on how much work I do.

- My parents pay for my brother's expensive tennis lessons, guitar and piano lessons. They pay for my cat's vet bills and for someone to watch him when we go out of town. I know a horse is totally different then a cat, but they would probably pay for the horses vet bills and half the boarding fee, and I would pay for the feed, tack, etc. My family isn't poor, but we aren't like extremely wealthy. I guess we're around the middle, maybe a little higher.

- The stable is about 20 minutes away from my house. I don't think my parents would mind driving me to and from there, or I could always take the bus and walk. I would probably go about 6 days a week.

Thanks again for all the help!
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post #9 of 10 Old 11-16-2014, 08:59 AM
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I like that you're interested in horse ownership, because I ( like I suspect most people here) have such a deep love and appreciation for horses and what they do to enrich lives.

However; I do have to point out that this isn't a very well thought out plan at the moment. You're assuming your parents will foot vet bills, drive you to/from lessons and cover any major expenses. Owning a horse is not like tennis or guitar lessons, which you can just "put down" at any given time. It's an every day, every dollar commitment that someone has to take ownership of if you plan on purchasing your own horse.

My suggestion is to continue riding 1-3x a week, maybe even take some 1:1 lessons with a trainer or still volunteer at the barn you're looking to board at-- and really get a feel for the day in, day out commitment it is to own a horse. It's never a good idea to pursue a hobby and rely on someone else to foot the bill, so find someone who can kind of mentor you and show you the ropes, and finances, of owning a horse before you go out and try to purchase one.

Good luck!

The essential joy of being with horses is that it brings us in contact with the rare elements of grace, beauty, spirit, and fire. ~Sharon Ralls Lemon
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post #10 of 10 Old 11-16-2014, 09:22 AM
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Step one would be talking to your parents. Legally, as a minor, you're not even allowed to sign a boarding contract on your own.

To answer your actual question...babysitting, pet care, and odd jobs would be my suggestion. That said, this won't come close to covering the price the purchase a horse, and half of what it takes to take care of them... especially since there's no guarantee of money each month. Maybe consider waiting, at least, until you can get a legit job? (:

The sensitivity of the internet baffles me.
Zexious is offline  
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