Buying a horse is a serious responsibility. The
time and money required to properly take care of a horse should not
be taken lightly. As a horse lover, you already know this, but
it is worth repeating. Make sure you have the time and
ability to groom your horse, make sure it gets sufficient exercise,
it is fed well, and has access to a good veterinarian. Many
children dream of owning a horse, and many parents want to make that
dream come true. Before taking the plunge, make sure that your
child is fully committed to the hard work required. Arrange riding
lessons for them and work with a local boarding operation and see
if your child can learn the basics of horse care with them. Owning
a horse is a labor of love, and is certainly worth all the time and
money required.
The costs of owning a horse vary, but on average if you own racehorse
you can expect to spend roughly $36,000 a year for training, board,
vet, and blacksmith. If you own a riding horse, the costs are
much less, but still something you need to consider. The basic
costs for owning a riding horse are approximately $4,000 per year
and will vary based on where you live and whether you board the horse
yourself. If you pay someone full board for your horse it will
be about $300 - $400 a month, if you can negotiate with the barding
farm to care for your horse yourself, you can reduce that cost by
about $200. Feed, hay, vaccinations, and blacksmith bills will
be fairly consistent but unforeseen vet bills can push up the cost
dramatically. |