For whoever feels comfortable sharing this, how much of your gross pay does your horse consume?
As someone who loves playing with dollar figures, I can’t believe I hadn’t worked this out before And maybe it’s because I’m hankering after a second horse and am eyeballs-deep in spreadsheets right now but regardless, I thought it might be interesting to compare numbers as it doesn’t require sharing specific salary or horse expense details.
At the moment I just have the one, and her everyday expenses (basic vet, dental, farrier, board, grain, and a small amount for misc. supplies) cost us 3% of our gross household income. Obviously any big purchases such as the trailer or equipment are separate expenses (as would be any costs related to showing etc.). Adding a second horse would bump that up to about 5%.
I’m interested to know if my figures are in line with that of others. Does anyone else care to share?