Horse Economics : A Personal Finance Guide for the Horse Owner

Most horse owners don't have unlimited disposable income, and, unfortunately, equine-related financial decisions are often driven by their passion rather than sound, long-range planning. Here, the author explains how this potentially disastrous scenario can be avoided with the appropriate preparation. Horse Economics helps illustrate a complete financial picture for the horse owner, first by determining the true costs of horse ownership, and then incorporating these added expenses into a household budget. Chapters include information on managing credit, debt, retirement, and investment, as well as an extensive examination of purchasing, owning, maintaining, and selling horse property. The book also includes helpful worksheets for calculating net worth, cash flow, and more. Deciding to purchase a horse ranks up there with getting married or buying a house-it can be just as expensive as either of those undertakings. A commonsense guide to successfully managing personal, household, and equine-related finances.