How much to earn to keep a horse?

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geronimostilton

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I'm seriously considering a more satisfying career change but it would be a fairly low salary. I'm just wondering how much horse owners earn & still keep their horses without too much struggle.
I'm interested in full time salaries, and not horse jobs where livery is part of the deal.

Is it possible to keep a horse on a low salary?
 
i used to earn £16k a year and had 2 horses on diy livery.

it was tight with the mortgage etc as well but doable.

now on more money, still 2 horses but i have a more comfortable time moneywise and am not dreading my bank statements!
 
It all depends because one person whose mortgage is £350 could manage on far less than another person who pays £600 in rent. Again someone may pay £20 a week in fuel another £50 plus

Not too mention if you go out or buy budget food or not

If you have a car loan or may need one in the future.

If you want a pension or not

The list is never ending

Example I live alone so can buy or not buy what I can afford. It doesn't matter if I never go out, it doesn't matter if I don't eat what I should. doesnt matter if I don't decorate house/go on holiday/buy a new car/tv etc

But if I had someone else to consider things would be different and I probably could not even afford half of a new lifestyle and include my horse

Hope that makes sense too

Sorry thats not very helpful but I feel its the truth
 
I'm currently on 16K full time job but also have part-time bar work, which is about £60 a week. I get about £1100 per month from normal job, which £700 goes straight to cover mortgage, bills etc. and then another £200 goes to cover credit cards, direct debits, insurance bits etc. Harry's keep is £60 a month and although I don't have masses of money left over, I don't think it's too bad. My part time job helps and tbh, usually pays for everything to do with Harry (main reason I got it) and as I don't go out much/have any other real hobbies, I think I'm ok financially and don't have too much of a struggle. Nice thing is, I know that if my salary goes up, it will just get easier as it's perfectly managable now
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I see what you mean soulful!

I don't drink, smoke or go out much, and I tend to buy cheaper foods from markets etc. horse at livery yard on part livery.

Just after a very rough idea to see if it can be done
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Best thing to do is work out ALL YOUR expenses including replacements and repair of things and see what you have left. If not enough see what you can go without
 
It depends on your disposable income and how much it costs to look after your horse, it costs me about £350 per month to look after mine.

I'd suggest listing all of your outgoings and seeing whether the salary would cover it.
 
Goodness, I live and work in London, have a mortgage and quite a few outgoings, and I don't find it easy to afford a horse on part livery and I probably earn between £45-50K (varies a bit as I am a company director)!
 
The only way to do it is to work out all your monthly outgoings and see how much you need to earn per month.

You'd think I'd be able to afford a horse easily on paper, but when you consider my huge travelling expenses for my massive commute and the fact that my husband has an unpredictable and irregular income it becomes quite a financial stretch!

You need to consider how you would keep your horse too, would the change in job mean you could go DIY??
 
I think a lot depends on where in the country you live - some areas the livery is really expensive other areas you can get grass livery for £10 a week....
 
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