General Breakdown
Here is a simple break down of the basics to help you understand the financial obligation you’ll be shouldering on a general level. Be sure to research the prices for these essentials in your area so you’ll know what to expect.
Board
This is easily one of the largest expenses involved in horse ownership, especially in urban environments. Your animal needs a safe place to call home, and in today’s world that often means paying someone else to do it.
Bedding
Many don’t consider the bedding expense when they calculate the cost of horses, but it’s essential. Stalled horses need bedding both for the padding when laying down and for its waste absorption properties.
Feed
Grazers by nature, horses eat a lot & proper nutrition is an essential element to their health. Stick with organic, sustainable, chemical & GM-free food whenever possible.
Equipment
The list of equipment on your wish list will be never ending. Start with the essential basics. This section can be a big expense depending upon your discipline. Check the web to find great used tack deals.
Farrier
Every 6-8 weeks horses need to see a farrier for a trim, whether they wear shoes or not. A good farrier is hard to find, so be sure to get referrals from friends, your vet or a local stable.
Vet Costs
You buy a horse, you get a vet. They will see you through accidents, illness & preventative care. Use references to find a good one, be sweet to them & keep their number handy.
Transport
There are professional transport services, or you can opt for purchasing your own truck & trailer. Those who compete or travel with their animal should study their options for the most cost-effective method.
Insurance
Horses are a big investment and for that reason alone it is worth looking into insuring them. The reality is, things happen (especially around horses). Planning ahead could result in a monthly premium saving you a fortune later on.
Riding Attire
There are a few necessary & fairly universal items which make riding much easier & safer to do. Always remember, whether you ride in your backyard, on the track or at your local stables, a helmet is a must.
Lessons & Training
Some stables or facilities expect their boarders to take lessons & this extra should be considered. This can be a big expense, but learning to ride safely and teaching your horse good behavior is good practice
Shows & Events
Really an enormous expense – but those who do it know this. Those who don’t should be aware. For many horse owners this is an as-can-afford luxury, because it involves show, transport and training expenses.
Misc.
Although this category may seem frivolous, any horse owner can tell you that it’s definitely not. They are not necessities, but they are fun – you like them and so do your horse. What’s wrong with that?