So I’ve been riding for about seven years and I believe I’m ready to own my own horse. The horse that I would like is a 13 year old paint named Jake that I lease( I attached a picture of him) and I love him to the moon and back. So my question is: do y’all have any advice about how to convince my parents to buy this horse? Or how to earn money to support my horse? Thanks for replying!
Hey! I know you may want to charge into having your first horse, but you really have to sit down and think about costs, first. First of all, start by talking to people around your barn to try and figure out a budget. Be realistic about how much things are going to cost you and research prices to get accurate numbers. Also, Try and see the budgets of other people. There may be lots of hidden costs you may forget– like getting teeth floated or feet done Here is a typical 4 week budget for my horse:
1. Board – I pay about $200 a month for tough board.
2. supplements – $50
3. Farrier – $35
4. Riding lessons – $150
5. Misc (tack, medicine, supplies, fly spray, deworming, etc) – $30
So, every month, my horse costs me about $460. Now, you also have to think about yearly expenses (coggins, shots, sheath cleaning, floating, vet calls, tack, insurance, etc) and emergency costs. Last month, my horse came down with a bad cough that turned into a $400 vet bill, which was fairly inexpensive. My friend recently had a $1200 vet bill and another whose horse had to get a $5000 surgery. Are you and your parents ready to take on that financial responsibility? That is the big question you need to ask.
As I hope you understand, horses are very, very expensive. After you plan out a realistic budget, present it to your parents. You may have to realise that your parents simply cannot afford a horse. When I was growing up, my mum could not afford to buy me a horse, so, I had to save and be patient until I could finally afford to buy my own.
Horses are a great reward to own, but can be financial burdens and distress. A horse that can’t be afforded probably won’t be a happy horse! Good luck!
This reply was modified 3 years, 3 months ago by rlueders.
Download the worksheet to test your knowledge! How much hay and grain does your horse get every day? How much SHOULD your horse be getting each day? Many horses may not be getting what your feed bag recommends,...