Thinking about the economics of horse ownership today after helping a friend budget for her first horse. The purchase price is the smallest part of the equation.
Board, feed, farrier, vet, equipment, lessons, shows if you’re into that. It adds up to a small car payment every month, sometimes more. And that’s when nothing goes wrong.
Emergency vet visits, unexpected lameness, the fence that needs replacing, the trailer repair you didn’t see coming. Budget for surprises because they’re not really surprises anymore.
None of this is meant to discourage anyone. Horses are worth it if you can swing it financially. But going in with eyes open prevents the heartbreak of having to sell because the money ran out.
Told my friend to track every expense for a year before committing. Leasing first is smart. Gives you the experience without the full commitment. Most barns have options.
The best horse owners I know are the ones who planned ahead. Passion is important but so is a realistic budget.
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