Thinking of getting your own horse? - Page 16 - The Horse Forum
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post #151 of 157 Old 06-10-2016, 03:51 AM
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Join Date: Sep 2014
Location: Hamilton, New Zealand
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I don't think you need to wait that long Kyleen. Once you are confident handling and riding and dealing with minor issues there is no reason not to get your own horse. The main thing is to have reliable contacts - vet, farrier, feed merchant, and a good mate to bounce ideas off would be useful. But mainly a trainer that you work with regularly to keep you improving and nip any bad habits in the bud (yours and the horse).
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post #152 of 157 Old 06-10-2016, 04:13 AM
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Join Date: May 2016
Location: Oklahoma
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As for being a new person and being able to afford a horse, here's the run down.

My budget for buying two EXCELLENT horses: $20,000 for two horses.
Replace barbed wire fences and put in top grade steel: $60,000 for 40 acres (and even then the company who gave me this quote I'm still doing background checks on to make sure they're good.. this quote includes all my security gates and features I want put in, and the dividers for each pastor.. it comes with some fancy stuff, including a front gate camera so I can authorize who's allowed in, who's not)
My dream barn with all the bells and whistles I am wanting $80,000 - $100,000
Emergency F-5 tornado safe barn: $50,00 for five stalls
Yearly medical expenses, not including emergencies: $5,000
Emergency funds set aside for emergency medical expenses: $10,000
Farrier: $2,000 a year
Legal fees: $300 to draw up basic paper work that I can keep around the barn, have people sign
Insurance costs for the first year: $5,000 (Includes liability for dumb people who don't listen when I say keep away from the barn and horses)
New trailer: $10,000 - $15,000 for a two horse with closed tack, and bumper hitch (And that's calling in an owed favor to someone who does it for a living)
New truck - with the trade in on my car: $30,000
Land repairs: $30,000 - This is to repair all the deep holes the tornado put into my land from ripping trees out, to level the area out, put down new grass, to rip out the old stuff broken stuff, put in the new, including someone that knows about horses getting rid of toxic trees and plants anywhere near me

A lot of these prices I have rounded up quite a bit, because when going though all this, problems always pop up and more money is needed to fix the problem sometimes. But yeah I am having to think long, long and deep about how much I am wanting a horse when looking at these numbers. Do I really want to finish paying the death taxes on my inheritance, then spend it this way? I know my great grandma would be thrilled. She loved horses. She would be proud of me for doing it this way, as well as keeping a garden around. But doesn't mean it's a good fit for me! I'm having to think REALLY hard about it..

The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke


Last edited by Saranda; 06-15-2016 at 08:48 PM.
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post #153 of 157 Old 06-10-2016, 04:36 AM
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Well I wasn't starting from the point of you knowing nothing, I thought you said you had done a couple of years. You should have learnt something in that time, or look at getting a new trainer. I would guess the 80% of people on this site don't have anywhere near the money you have to throw at their horses/land etc and it does not make them worse owners. When I get my horse I will be doing it on a budget and I am prepared to give up some things to have one. Its not about all the bells and whistles, its about confidence and support. I have ridden off and on for years and I will certainly be looking for a trainer to sort out the bad habits that have crept in.
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Last edited by Saranda; 06-15-2016 at 08:49 PM.
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post #154 of 157 Old 06-10-2016, 04:42 AM
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Join Date: May 2016
Location: Oklahoma
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Na I was saying that I know now already that in even two years time from now, it won't be enough. I'm as raw as I can get!! >.< Not the most eloquent person, but I try.

Yeah and that doesn't even include the costs of getting the pipes out to the barn so it has hot water, my trainers, ect. Of course I want those things too. I figured that was a no-brainier. >.< I guess I should mention it, considering this thread is for new people like me. Of course I want the best for my horse!

I have my reasons for wanting the bells n whistles. But I'd rather have a well behaved horse with good training, good medical background, a good trainer and a good support team.. Of course... Just wanted to give people who are in the same situation I am in an idea how much it'll cost to get started. Don't have to have AS MUCH stuff as I want put in. But then again, most people may not be building their homes on-site like I am either. Depends on the individual. But it gives them an idea of what things to look into...

The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke


Last edited by Kyleen Drake; 06-10-2016 at 04:47 AM.
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post #155 of 157 Old 06-10-2016, 05:01 AM
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We would all like to have the bells and whistles, but the reality is some of us don't. Just saying they're not needed and I would rather have a horse now to learn with and bells and whistles later. But you can have it all and I wish for you the best.
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post #156 of 157 Old 06-10-2016, 05:05 AM
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Join Date: May 2016
Location: Oklahoma
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I put the cost of any trainer I might need into the cost of my horses.. And pray it's enough. >.< I know someone who's a good horse trainer. His fees are $800 a month! >.< Most horses won't cost $10,000 each. But round up! Round up! Round up! Extra expenses! >.< If you've money left over, great! Invest!

The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke

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post #157 of 157 Old 06-10-2016, 05:08 AM
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Join Date: May 2016
Location: Oklahoma
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All that is just a reference of things to look in on. Do you have to do all that? No. But it's something for new people to think about.

What if you have a horse that has an abscess and need hot water? Where you going to truck the hot water in from? Where you going to wash our tack at?

Do you have security issues like I do? Is it necessary in your area to put in added security measures? Even if it is a nice area, remote areas are often times a thieves playground... Make it hard for them if possible! Other ways to do it. But for me, with my kids on-site, I'm being a bit more picky!

Thirty horses in my area, here in Oklahoma, have recently been stolen from their owners, from the owners own barns, as the owner slept at night.. For me, that's lessened learned. Added security it is! It'll take longer, cost a lot more money, and keep me from buying a horse for longer years than I would like, but so be it.

The only thing evil needs to thrive, is for good men to do nothing. - Edmond Burke


Last edited by Kyleen Drake; 06-10-2016 at 05:17 AM.
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