Many people love the idea of owning a horse. However, they can soon let go of the idea once they realize how much it could cost. Horses require a lot of care and attention, so the expense of looking after one can add up quickly. If you’re interested in owning a horse, you should do plenty of research to make sure you can afford it. Of course, money isn’t the only thing you need to think about. You also need plenty of time for various tasks, from mucking out their stalls to riding. But cost is the first hurdle you need to overcome. If you can’t afford it, the other requirements don’t matter.
The first expense if you want to buy a horse is the initial cost of the horse itself. Anyone who has looked at prices for pedigree dogs or cats will be able to guess that thoroughbred horses don’t come cheap. Not only will you need to consider the price of the horse, but you would also have to think about transporting it. Your first horse could cost you many thousands of dollars. There are cheaper options, such as adopting a rescue horse. However, it’s important to remember that such horses may not be suitable for first-time owners. As some will have had poor backgrounds, they need an experienced handler.
Shelter and Accommodation
Of course, you need somewhere to keep your horse. Some owners have land of their own, so they won’t need to find anywhere else. But if you don’t, you’ll need a livery to give your horse somewhere to stay. There are several options at different price ranges. So you should consider what you’re looking for. One of the cheapest choices would be to hire a field from a farmer or other land owner. However, this most likely wouldn’t get you any extra facilities. You can also house your horse at a stable, where you either have to come in and care for them, or you can pay staff to do it.
Bedding and Food
When you own a horse, you can find that you spend a lot of your time around grass and hay. Even if your horse has fresh grass most of the time, you may need to supplement their diet with hay. And you might need it for their bedding and stables too. Some horses will also need other types of food, such as grains or concentrated supplements. Compared to other expenses, food and bedding may not cost too much. Keep in mind that it will be cheaper if they’re kept in a grass field.
Healthcare and Insurance
Veterinary fees can be expensive. In an average year, you may not spend too much. But if your horse becomes ill or injured, it could cost you dearly. You should practice good health care to help prevent any problems. For example, you should visit http://www.wormers.co.uk/ or a similar site to buy a worming kit. Taking out insurance will help you to cover any unexpected fees.
You need to be sure about buying a horse before you go ahead. It could cost you a lot of money each year, and you need to afford it both now and in the future.