Exploring the True Cost of Horse Ownership: A Comprehensive Guide
For many equestrians, the dream of owning a horse is a cherished one. The unique bond between humans and horses offers companionship, exercise, and endless adventures. But before you embark on your journey into equine ownership, it’s crucial to comprehend the real cost of having a horse. From the initial purchase prices to ongoing expenses, this article will dissect the financial aspects of horse ownership. Additionally, we’ll introduce you to a fantastic training resource for horse owners – the Ridely App.
The Initial Investment
Horse Purchase Price
Your first major expense will be acquiring the horse itself. Prices can vary widely based on factors such as breed, age, training, and pedigree. On average, expect to invest anywhere from $1,000 to $10,000 or more for a horse. Exceptional breeds or highly trained horses can command even higher prices.
Stable and Shelter
Your horse will need a secure and comfortable living space. If you don’t own your property, you’ll likely need to board your horse at a stable, which can range from $100 to $1,000 or more per month, depending on location and amenities.
Tack and Equipment
Saddles, bridles, grooming supplies, and other equipment are essential for horse care and riding. These costs can add up to around $1,000 to $5,000 or more.
Ongoing Expenses for Horse Owners
Feed and Hay
Horses require a balanced diet to maintain their health and energy levels. Budget approximately $100 to $500 per month for feed and hay.
Regular check-ups, vaccinations, and unforeseen medical expenses are part and parcel of horse ownership. Allocate at least $300 to $1,000 per year for routine care, with extra expenses for emergencies.
Hoof care is vital, and you’ll need a farrier to trim or shoe your horse regularly. Plan on spending around $50 to $150 every six to eight weeks.
Training and Lessons
If your horse requires training or you want to improve your riding skills, lessons and training sessions can cost several hundred dollars per month.
Insurance for your Horse
Equine insurance can provide crucial protection against unexpected expenses related to illness, injury, or liability. Costs can vary widely but typically range from $200 to $1,000 or more annually.
This category includes items like bedding, grooming supplies, and insect control, which can contribute several hundred dollars to your annual expenses.
Introducing the Ridely App – Your Ultimate Digital Equestrian Training Partner
Ridely is an innovative web and mobile application designed to assist equestrians in their training and journey. Here’s how it can empower you and help reduce some of those financial barriers:
Ridely offers a comprehensive library of training 18 training programs, covering various aspects of disciplines like dressage, show jumping, eventing, rider fitness, grooming and more. Specifically curated by world class professionals in step by step sessions.
Monitor your progress as a rider and your horse’s development through Ridely’s calendar feature. Plan your training, record achievements, and stay motivated on your equestrian journey.
Connect with a vibrant community of equestrians on the Ridely platform apart of the 10 groups. Share experiences, seek advice, and foster connections with fellow riders, horse enthusiasts and expert trainers right at the palm of your hand.
Lessons from the best
With over 450 training videos from 65 trainers and 11 Olympians! There really is no better training in the world. Save on the costs of travel, lesson fees and everything in between and learn with Ridely.
Ridely provides equestrians with an alternative to traditional training with an all inclusive platform for all ages, disciplines, levels and abilities for less than $3 per week.
Horse ownership is undoubtedly a rewarding endeavour, but it comes with significant financial responsibilities. From the initial purchase to ongoing expenses, horse care can be a substantial financial commitment.