Managing The Costs Of Owning A Horse

Managing The Costs Of Owning A Horse

Owning a horse is a financial commitment that needs careful thought before you jump straight in. Horse owners need to look after their animals properly and this means spending money rather than cutting corners.

Thankfully, it is still something within the financial means of many people and there are ways to minimise costs without impacting on the welfare of your horse.

Managing The Costs Of Owning A HorsePlan ahead

Anyone considering owning a horse must know what they are getting themselves into, so how much care and commitment is required and the outlays involved must all be fully understood right from the start.

Routine maintenance such as livery bills, feed, bedding and insurance all have to be taken into account as essential parts of the cost of owning a horse.

Unfortunately, unforeseen circumstances including accidents, illnesses and damages to equipment or infrastructure also have to be anticipated and prepared for although hopefully will not occur.

Welfare costs

Member organisations of the National Equine Welfare Council give advice to existing and aspiring horse owners about ways to keep costs down without compromising on animal welfare.

Feeding is one major area of expenditure that can be managed with the help of vets and nutritionists who can advise whether your horse really needs expensive additional feed or supplements.

Alternative beddings can work best for you and your horse in some circumstances too. As an example, fitting rubber matting might involve an initial outlay but work out extremely cost effective in the long run.

Livery fees

One of the biggest costs for owners is a livery yard fee, so it is essential to make sure the facilities you are paying for are really what you need. Permanent turnout can be an answer, whether that means finding a suitable grass livery or even renting a field.

Sharing your horse with someone else can also be a really good way of getting all the benefits of horse ownership whilst making the costs involved far more manageable. This will be something you need to consider on an individual basis though.

Avoid false economies

Obviously when dealing with the care and welfare of an animal there are some cutbacks that simply can’t be made and as with all things in life some short-term savings might actually prove more expensive in the long-term.

Proper veterinary care is something that every responsible horse owner should see as a primary responsibility and never be the subject of cuts. Lapsed vaccinations can leave your horse vulnerable to diseases while worming and dental check-ups are an important part of the overall welfare programme for a horse and can put your animal at risk of severe problems if ignored.

Hoof care is also highly important so taking shoes off to save money without consulting your farrier is not advised. Horses can go barefoot but it is important to ensure their feet are regularly checked and to speak to your farrier about this element of their care to ensure no problems arise as a result.

With these tips, you should be able to manage the costs of owning a horse without difficulty – enjoying a long, happy and healthy relationship with your animal.

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