Westward Podcast Episode 6:
How Does Anyone Afford Horses?!
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This podcast is co-produced with LiveEQ. Click the link to shop horses, tack, stables, and jobs.
Hey folks, on this episode I dive into what it actually costs to own a horse these days. No sugar-coating here, just straight talk about budgets, recurring expenses, and why having an emergency fund isn't optional when you've got horses depending on you.
I share some personal stories about my own financial ups and downs with horses, plus some no-nonsense advice whether you're a longtime horse owner or looking to buy your first one. From hay prices and quality tack that won't break on you at the wrong moment to why skimping on certain things will cost you way more down the road.
Beyond just dollars and cents, we talk about what makes all the expense worth it, and how to make smart choices so you can enjoy your horses without constant money stress. Tune in for some practical wisdom from the saddle
00:00 Introduction to the Westward Podcast
01:22 Exploring the Spirit of the American West
02:01 The Economics of Horse Ownership
05:57 Historical Perspective on Equine Economics
12:04 Personal Anecdotes and Financial Strategies
20:12 Balancing Costs and Passion for Horses
24:44 Recurring Expenses of Horse Ownership
25:54 Setting Up a Separate Account for Horse Expenses
26:27 Advice for First-Time Horse Owners
27:26 Tracking and Budgeting for Horse Expenses
28:21 Avoiding Impulse Horse Purchases
36:57 Balancing Passion with Pragmatism
39:18 Final Thoughts and Personal Experiences
43:01 Engage with the Westward Podcast
