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Itchy Boobs
Posts: 360
 
| Okay so I know there's some on here that make ridiculous amounts of money a year but in all seriousness and curiousity... how in the world do people buy $30+k horses? It blows my mind the kind of money spent on some of these equine athletes and don't get me wrong they are WORTH every penny! How in the world do people have the funds to buy these horses ? Just was thinking and became really curious. |
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 Owner of a ratting catting machine
Posts: 2258
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Gettin Jiggy Wit It
Posts: 2734
| Same way people opt to afford 30 k + boats, campers, 2nd homes, extravagant vacations, motorcycles... Ect. Only difference is its a horse.... |
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Extreme Veteran
Posts: 534
Location: Ohio girl moved to PA | Good credit |
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 Take a Picture
Posts: 12838
| My suggestion is get an education and find a good job. Classicpotatochip has a cool job that I think she likes. She has a college degree. I have a job I like and have a college degree. Learn to budget carefully and save money. Just a simple thing but I save about $25 dollars a week by just making my lunch and bringing it to work. Not a real big sacrifice 52 weeks in a year. Do the math. Put tha with other ways to save and you have a plan. |
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Extreme Veteran
Posts: 477
| A career that supports those purchases. |
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Veteran
Posts: 113
| Massive debt and multiple bankruptcies
There are those that can afford the $30K horses and buy them, there are those that can't afford them but still buy them. Takes all kinds..... |
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 Elite Veteran
Posts: 823
Location: East Texas | Who cares.......If you can't swing that much find one for 1/3 of the price or less and go win. Go have fun. I am a school teacher, but we have found some horses that are fun to ride and cash a check every now and then. How others do it? The friends I have that keep horses like that can simply afford to pay cash for them.
Edited by CrossDRanch 2017-10-27 9:51 AM
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 Shelter Dog Lover
Posts: 10277
| My husband makes ridiculous money, we have paid cash for several 30K plus horses to mount our 3 girls when they were doing high school rodeo. They are talented and well bred but my favorite horse is my 3K grade buckskin gelding I bought a couple of years ago, talented, great mind and cute as all get out. |
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 Warrior Mom
Posts: 4400
| Marry someone ridiculously wealthy or just get a sugar daddy if you can stomach it. |
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 The One
Posts: 7997
Location: South Georgia | Some people have different priorities. I'd rather have a beautiful home, nice vehicles, and plenty of discretionary money with a padded savings account. My horse is less than $3,000 and my trailer is $3,500. My tack I have had for years, so I cant count that. I am frugal, I budget money very carefully, and I put more toward my main priorities--my personal life and possessions. My horse is nice, my trailer works, and my tack is good enough.
I am not the type of person to finance a horse OR trailer. I am not the type of person to have an expensive horse and a crappy house.
Edited by horsegirl 2017-10-27 10:35 AM
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Married to a Louie Lover
Posts: 3303
| As someone on the flip side of the equation - as long as the check don’t bounce I don’t worry about where it comes from.
Could we be in that situation to pay that kind of money for a horse? Yes. I have a good education and a nice paying job. My husband makes a good living and we have a small business building fence on the side. All winter we spend extra daylight hours in the timber cutting fence posts. We work our butts off from sun up to sun down most days. With some redirecting of cash flow and assets we could come up with that sum.
But we also like riding colts and the training process. We have finished horses in the barn, but all except one would sell for the right number. |
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  Champ
Posts: 19623
Location: Peg-Leg Julia Grimm | I used to buy prospects for $1500. Spend 2 years making them into open horses and sell them. My #1 horse paid the way for me to go and I always had a young/green horse (or two) in the trailer. That's how I bought a new bigger horse trailer and how many people can afford to buy things that are "out of their budget".
Income isn't just the money you make at a job. But what you make on the side can help you afford more. Other people spent their youth in college or learning a trade that pays well. I suggest if you have a horse habit to learn to flip horses or stay in and excel at school and get a good paying profession. |
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 My Heart Be Happy
Posts: 9159
Location: Arkansas | rodeomom3 - 2017-10-27 10:20 AM
My husband makes ridiculous money, we have paid cash for several 30K plus horses to mount our 3 girls when they were doing high school rodeo. They are talented and well bred but my favorite horse is my 3K grade buckskin gelding I bought a couple of years ago, talented, great mind and cute as all get out.
Miss Nancy, you have to let us judge his cuteness with a PICTURE  |
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 Three in a Bikini
Posts: 2035
| Sugar Daddy.
That is your best bet. 
If you go the college education/good job route... you will be at work.
And not able to spend sufficient time managing a $30k horses upkeep/training/needs.
This has been my experience anyways!! |
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Shelter Dog Lover
Posts: 10277
| Chandler's Mom - 2017-10-27 7:42 PM rodeomom3 - 2017-10-27 10:20 AM My husband makes ridiculous money, we have paid cash for several 30K plus horses to mount our 3 girls when they were doing high school rodeo. They are talented and well bred but my favorite horse is my 3K grade buckskin gelding I bought a couple of years ago, talented, great mind and cute as all get out. Miss Nancy, you have to let us judge his cuteness with a PICTURE
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Elite Veteran
Posts: 617
| My significant other and I make what people would consider "good money," but my two horses both cost less than $1000 each. You definitely can't assume someone's income by looking at their trailer and their horses. Yes some can truly afford it, but others are in the hole. Loans and payment plans disguise a lot! |
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 Elite Veteran
Posts: 889
Location: on the fine line between insanity and geniusness | cn1705 - 2017-10-28 5:04 AM
My significant other and I make what people would consider "good money," but my two horses both cost less than $1000 each. You definitely can't assume someone's income by looking at their trailer and their horses. Yes some can truly afford it, but others are in the hole. Loans and payment plans disguise a lot!
This! Buy what you can afford, make them into a rockstar! The more expensive horses get the more time, money and energy it takes to maintain them. Those dream horses are like Olympic athletes- they are basically a full time job keeping them fit and healthy enough to compete at that level. I see all too often people that go get bank loans to buy one but then can’t afford to maintain them at the level they were when they were winning and expensive to buy! I have bought horses at all ends of the spectrum- from ridiculously expensive designer bred futurity colts, to sale barn and cutting rejects and arguably the best one I ever had cost $500. He has won over 130k and doesn’t even have papers! I don’t buy expensive ones anymore. I will spend some money buying the colts I want and then make them what I want them. Less drama and hassle that way! You don’t want the pressure of having to win to pay a bank note on your shoulders at the barrel race! |
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Extreme Veteran
Posts: 542
| Get a loan....I did....the horse paid half in winnings I paid half making payments....sold the horse for double what I paid too.
Be smart....learn....and keeping fighting and working to get a better one.
It is all in your priorities...
ETA: Some ppl can find bargain diamonds in the rough. I have never been that lucky, every time I tried to do that it ended up costing me more money by putting money into my fixer upper. But I am business minded when it comes to a horse.
Edited by runfastturnsmooth 2017-10-28 9:34 AM
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 Extreme Veteran
Posts: 599
| I've never heard the term "designer futurity horse" before, but that definitely describes my second horse!!!!! My husband paid for half, and I used my enormous savings for the other half (I have a great paying job, he has his own successful business).
She arrived in tip top shape. Beautiful. Now, 8 months later, she is out of shape and about to be sent to a trainer for some basics and fancy buttons.
So we could afford her. But with a part time job and 2 higher-maintenance human children, I can't keep up with what the horse needs. Luckily she's very young so I have given her time off to be a horse I think she'll be better off for it. But I got in over my head. Oops. |
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Take a Picture
Posts: 12838
| I don't rely on anyone. I still say get an education, get a good job, be frugal and buy what you want.
While I was put feeding I thought about something. You need to figure out what direction you want to go. If you want to be able to tell folks your horse cost, forget the high dollar horse. Most people seem to just want to go win the local jackpot or at least that is what folks on here tell me. You don't need an expensive horse for this. Personally, I like to raise my own or buy young horses as in babies. I study bloodlines and pick the ones I like. That being said I have one that I paid $750 for and one I paid $850 for as babies. I liked their bloodlines and their conformation. Both are World champions now. Set goals that you can actually achieve. One other thing, if you buy a horse, make sure you can ride it or you will never be happy with it. A lot of people can't ride horse of that caliber.
Edited by streakysox 2017-10-28 6:53 PM
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My Heart Be Happy
Posts: 9159
Location: Arkansas | rodeomom3 - 2017-10-27 8:17 PM
Chandler's Mom - 2017-10-27 7:42 PM rodeomom3 - 2017-10-27 10:20 AM My husband makes ridiculous money, we have paid cash for several 30K plus horses to mount our 3 girls when they were doing high school rodeo. They are talented and well bred but my favorite horse is my 3K grade buckskin gelding I bought a couple of years ago, talented, great mind and cute as all get out. Miss Nancy, you have to let us judge his cuteness with a PICTURE
You were correct--he is very cute!! |
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 Zeal Queen
Posts: 3826
Location: TEXAS | rodeomom3 - 2017-10-27 8:17 PM Chandler's Mom - 2017-10-27 7:42 PM rodeomom3 - 2017-10-27 10:20 AM My husband makes ridiculous money, we have paid cash for several 30K plus horses to mount our 3 girls when they were doing high school rodeo. They are talented and well bred but my favorite horse is my 3K grade buckskin gelding I bought a couple of years ago, talented, great mind and cute as all get out. Miss Nancy, you have to let us judge his cuteness with a PICTURE
I just want to know what your husband does LOL!  |
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 Loves to compete
Posts: 5760
Location: Oakdale, CA | streakysox - 2017-10-28 3:27 PM I don't rely on anyone. I still say get an education, get a good job, be frugal and buy what you want. While I was put feeding I thought about something. You need to figure out what direction you want to go. If you want to be able to tell folks your horse cost, forget the high dollar horse. Most people seem to just want to go win the local jackpot or at least that is what folks on here tell me. You don't need an expensive horse for this. Personally, I like to raise my own or buy young horses as in babies. I study bloodlines and pick the ones I like. That being said I have one that I paid $750 for and one I paid $850 for as babies. I liked their bloodlines and their conformation. Both are World champions now. Set goals that you can actually achieve. One other thing, if you buy a horse, make sure you can ride it or you will never be happy with it. A lot of people can't ride horse of that caliber.
this is soooo true!!!!
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 Not Afraid to Work
Posts: 4717
| I wonder a lot also.
I work 2 jobs and have a roommate. I try and be very frugal and budget well. I plan and plan and plan some more to be able to have my 2 horses with the best care I can give them. But they are $400 and $1500 horses. However, I did get lucky on both and both worth much more now.
As I am currently saddle shopping, I wonder how people can pend 3-4k on a saddle. Not in a negative way but I just wonder. I bought my current saddle for $1700 10 years ago and my breast collar and headstall are older than I am.
Not sure what the answer is but I just live within my means but I budget some savings towards a project each season. My house was a fixer upper so last fall was bedroom and kitchen floors. Summer was a new pasture. This fall is stalls and then winter is finishing flooring on main level. |
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 Elite Veteran
Posts: 602
| i think anyone can afford a $30k, it depends how you get there. A few can purchase a high caliber horse like that without batting an eye. MOST people Ive seen in my area buy a cheap or young horse, spend money on training for a few years, then start kicking a** at barrel races. Now that $3K horse turned into a $30k. I know alot of barrel racers have seen the $50k top notch horse get thrown into the wrong hands and now the owner couldnt give it away. |
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Shelter Dog Lover
Posts: 10277
| stayceem - 2017-10-30 1:36 PM I wonder a lot also. I work 2 jobs and have a roommate. I try and be very frugal and budget well. I plan and plan and plan some more to be able to have my 2 horses with the best care I can give them. But they are $400 and $1500 horses. However, I did get lucky on both and both worth much more now. As I am currently saddle shopping, I wonder how people can pend 3-4k on a saddle. Not in a negative way but I just wonder. I bought my current saddle for $1700 10 years ago and my breast collar and headstall are older than I am. Not sure what the answer is but I just live within my means but I budget some savings towards a project each season. My house was a fixer upper so last fall was bedroom and kitchen floors. Summer was a new pasture. This fall is stalls and then winter is finishing flooring on main level.
My husband did not always make what he does now, keep in mind we are in our 50’s. We started out very broke, 4 young kids. To help pay bills I worked weekends and evenings to avoid $$ just going to a babysitter. As he started to make more I was able to quit. We pretty much followed the same path you did, did not spend ourselves into debt,one thing at a time, if we could not pay cash we did not buy it. My husband gets the credit for keeping us out of debt, not fun at times to walk away from something you really want. We built a barndominuium while trying to sell our house with plans to build again once the house sold, we started buying the expensive horses and decided not to build the house. We could have easily afforded it but felt it was not necessary and we were more comfortable having the money in the bank. The price range of horses referred to on some of the posts are less than he makes in a week but I drive a 12 year old truck and pull a 12 year old trailer, my BD is in a few weeks and he said no to my idea of a new car -what!! He runs the US and Mexico construction division for a major builder and developer of apartments, he carries a huge work load, works long hours, it is definitively a trade off. |
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Expert
Posts: 1599
| Buy them as a yearling for 1/3 of the price and pray like hell they stay sound and will make a 30k horse in a few years! I told my SO the other day I'd rather pay out 30k over the course of a couple years than in one shot, not sure if that's smart or not, but I guess a 30k horse has just as much of a chance of getting hurt as a $6500 one. I save money by starting them myself tho, and this one will go to a futurity trainer as a 3yr old. |
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 Queen Bee Cat Owner
Posts: 3629
Location: Way up North | I think a lot of people work their way up to that. They might start with a cheaper horse, put time in them and sell them for more and buy the next one, do the same, etc. Yes, there are plenty of people that can start out with that kind of purchase but there are many that are average earning people that work hard and get lucky. |
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 The best bad guy on the internet
Posts: 3519
Location: Arizona | My husband and I both make decent money, but we are planning on retiring early so we are saving like mad dogs! I have no idea how people spend $30k or more on a horse and why they would want too.... |
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 Firecracker Dog Lover
Posts: 3175
| I wonder this too. I will be the first to admit I do not travel like I used to. Having said that, it shocks me with the rigs that people drive with to jackpot $100 added barrel races in my area. Even the big added $$ races are not enough to justify the cost to me. I go to races to have fun anymore. I do not ride like I used to but still want to run and have fun. I have a 12 year old pick up and a 1999 WW two horse slant load trailer that have both been paid for for years. Would I like the fancy big rig? Sure I would but I sure don't go enough to justify the cost of owning one. And I sure as heck know my abilities and know I'll never be able to ride a horse that could even make that kind of money. Set your goals and buy what you can afford and upgrade only when it's financially feasible. I guarantee you'll have just as much fun with your horse without losing sleep at night wondering how you are going to pay for all of it. |
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Loves to compete
Posts: 5760
Location: Oakdale, CA | I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices.............. |
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 Expert
Posts: 1440
Location: Texas | Both my husband and I make good money and I still can’t imagine being able to pay cash for that kinda horse I suppose if we really saved it would be possible. Thankfully I have two horse that I paid 4,000 and 5500 for and both can hold their own with 75k and up horses. Granted they weren’t that way when I bought them but they sure are now and I love it! |
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 Scooters Savior
Location: "Si Fi" Ville | Hmmm interesting topic:
My accounting brain kicked in when reading this:
$30,000 horse
$100 shoes per month x12 =$1,200
Feed $300 month x12= $3,600
Vet avg $300 month x 12= $3,600
Chiro $80 month x$12= $960
New saddle. Old one didn’t fit $3,500
New pad for new saddle $355
Tooth fairy $250
New bits $375
Insurance for truck trailer and horse $2,550
Truck $$$$$
Trailer $$$$$
Gas $7000
Oil changes $325
Repairs etc
Entry fees
Office fees
Stalls
Shavings
Boots to ride in the trailer
Winter blanket and summer sheet
Housing for me and horse
Fencing
Barn
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 Neat Freak
Posts: 11216
Location: Wonderful Wyoming | I could care less how people buy their stuff. We raise cattle and could afford them but just can't wrap our head around actually doing it. I can't ever think of buying a horse as an investment unless it is a stallion already proven and siring winners or a broodmare doing the same. They just die too easy and leave you with nothing. So with that said, I will train my own or not have one.
And for the OP something to think about is just because someone can buy a 1D top dog horse, doesn't mean they can ride it. I have someone not too far from me that has owned NFR qualifiers and several others and rarely makes the papers.
My husband has been hauling bucking stock for a few pro rodeos in the area and it appears sugar daddies are the big supporters. But that is the same with any horse decipline. It was the same when we were starting cutters/reiners in TX. |
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Extreme Veteran
Posts: 490
| got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper. |
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Warrior Mom
Posts: 4400
| Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance. |
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Extreme Veteran
Posts: 490
| want2chase3 - 2017-10-31 9:11 AM
Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance.
My biggest regret is that I did not get a trade. I tell anyone that is iffy about college to go get a trade. You can ALWAYS go get a bachelors but can use the trade to pay for it.
You live and you learn.
Edited by Jazz's Girl 2017-10-31 9:30 AM
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Shelter Dog Lover
Posts: 10277
| want2chase3 - 2017-10-31 9:11 AM
Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance.
We had ours live at home and go to community college the first two years, how they did there led to the next step. College is ridiculously expensive. College is definitely not the only path to a comfortable secure life. My husband does have a degree in his field but we have tons of friends with no degree and our very successful, they all picked a trade that led to owning their own business. |
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Expert
Posts: 2531
Location: WI |
I've done the math on this as well. All those amounts are the same whether you own a $2k horse of $30k horse. So, how many years do you spend all that on a $2k horse before you could have paid for a $30k horse?
Do what makes you happy and try not to worry so much about other people's spending habits or bank accounts. |
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boon
Posts: 1
| I inherited a large sum of money this year and will have large chunks quarterly from here to my end. I toyed with the idea of buying a ready made 1D'er, seriously. Then I decided that that much money could earn too much for me elsewhere. So I bought a very nice 2yo prospect instead. Part of the reasoning is also that I will be able to get to know the young one as she grows up and advances in her training. If I dropped $30K ++ on a finished horse I'd have to hope I could learn to keep up without turning the horse into a nice 3D'er. That's a maybe-maybe not for most riders. Not worth the risk.
I've also eyed the big trailer, new truck, a Caldwell, breeding to DTF, all those big ticket items I never thought I'd be able to. The DTF breeding is the only one still on the table. |
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 Elite Veteran
Posts: 929
| dRowe - 2017-10-28 2:02 PM
I've never heard the term "designer futurity horse" before, but that definitely describes my second horse!!!!! My husband paid for half, and I used my enormous savings for the other half (I have a great paying job, he has his own successful business).
She arrived in tip top shape. Beautiful. Now, 8 months later, she is out of shape and about to be sent to a trainer for some basics and fancy buttons.
So we could afford her. But with a part time job and 2 higher-maintenance human children, I can't keep up with what the horse needs. Luckily she's very young so I have given her time off to be a horse I think she'll be better off for it. But I got in over my head. Oops.
This is me, too. But I did not spend in over my head. Got a cheap yet well bred horse that I thought I could make into a star. Had some unplanned life events get in the way.
I still feel bad that I haven't made my colt into what I want, but don't feel as bad as I would have if I had spent $30k on one. I just don't have the time to work on my horse. We live in California- which sucks the "being able to afford anything but the bare minimum" out of it all, too. Even the ability to pick up and move away from this state at the moment.
The plus side? I have a job that I enjoy and pays well. I have the option of riding my horse almost any day of the year if I could get out there.
To the OP: Start with something not as fancy...make one yourself and sell to get something better. Just keep upgrading if you want to. Or a solid 2-3D horse that wins regularly that isn't so costly. Money is always nice, no matter what you spent on your horse.
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Elite Veteran
Posts: 602
| got boost? - 2017-10-30 4:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
I have a masters degree and make good money. I couldnt imagine paying $30k for a horse, even if i had $100k in my bank account to spend. My comfort level when it comes to purchasing horses is alot lower than that. Any performance animal is a high risk investment (or debt haha). Some folks are willing to take the risk, others are willing to take the risk on something that has a better turnaround. (i.e buying a house) |
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 MEOW!
Posts: 4477
Location: High heels in the air... | I'll play...I have a good job and work like an ugly stripper. I am gone 4-5 days a week, working overtime as much as possible. I set some personal goals and should be hitting all of them in about two years. I have bought the high dollar horses in the past but I am waiting for the opportunity to really put in the time to ride, get lessons and follow my dreams without worrying about money. Every one of the ones I bought in the past that were expensive were worth every cent. I made money on all but one. I just stumbled into a really good older FWF and he and I may go to some stuff but if you are going to spend big money, my advice is to have the time to make them worth more. Buying the horse is the cheapest part!!! |
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| I might be an odd man out here but I am one of the ones who has paid a lot of $$ for a horse. Saved up the money and paid cash but the horse paid for himself in less than 6 months. Dad always told me the horse is what you invest in if you are going down the road. All the other expenses are the same whether you win or not and so its best to show up with an old truck and beat up trailer if ya u have to but pull the best horse out of the back of that thing.
Edited to add that I worked construction for 5 years and put in a lot of hours to save the money.
Edited by justgofaster 2017-11-06 11:35 PM
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10D Crack Champion
| I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Edited by sodapop 2017-11-07 6:10 AM
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The One
Posts: 7997
Location: South Georgia | sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore. |
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10D Crack Champion
| horsegirl - 2017-11-07 6:33 AM
sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money.
Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore.
Exactly. I think that's why when someone says good money the specifics of all you stated should be considered. Honestly, I like to hear the amount (salary) when someone says good money......the cost of living in the area too.... Let's me know exactly what it takes in that area to live a certain way. I think it is also informative to know what jobs pay. Just saying work hard, get a degree, etc. isn't the answer. Working hard or college degree doesn't equate high pay....whatever that is to the individual person. So what is considered good money or a good salary in everyone's specific area? |
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 Can You Hear Me Now?
Location: When you hit the middle of nowhere .. Keep driving | want2chase3 - 2017-10-31 9:11 AM
Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance.
I have two degrees; one in business management (university) and one in marketing (college).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets). I save for what I want and bought some nice horses but it took me years to do so.
I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours
ETA: I waitressed during school and came out with a car and no debts as well.
Edited by ndiehl 2017-11-08 8:27 AM
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Elite Veteran
Posts: 618
| A horse doesn't know what it costs and I laugh bc we put so much emphasis on it. My $650 track reject has outrun pro rodeo horses and horses costing 50k. Find what you like, set goals, work hard, stay humble and enjoy it!
I've had jobs making a lot more $ but am much happier working part time as a ranch hand basically making 1/2 and I have time to ENJOY my horses. |
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Shelter Dog Lover
Posts: 10277
| sodapop - 2017-11-08 4:04 AM horsegirl - 2017-11-07 6:33 AM sodapop - 2017-11-07 7:08 AM I always find these type of posts or conversations interesting especially with the "good job" and "good money" comments. What is a good job and good money? What salary equates good money? It's different to different people. People will never actually say an exact amount of money when they say good money or good job. It leaves it quite vague. Let's be be specific. College degrees don't always mean "good money". I know that first hand. So what is a good salary to you? Is $40,000 a year a good salary to you? $50k? $60k? $100k? What exactly is good money? I don't make what I consider good money. In my world I would need to make $70k to fall into the category of good money for the things I want to do. Of course I don't make that. I am at the $40k range and thankful to have my job. To someone else my job would be considered good money. Of course, the salary amount is relative to one's perception, and also LOCATION determines just how far those dollars stretch. It may be fine and dandy that you make $120,000 per year, but if an entry level home costs $700,000, that $120k may not seem so great anymore. Exactly. I think that's why when someone says good money the specifics of all you stated should be considered. Honestly, I like to hear the amount (salary ) when someone says good money......the cost of living in the area too.... Let's me know exactly what it takes in that area to live a certain way. I think it is also informative to know what jobs pay. Just saying work hard, get a degree, etc. isn't the answer. Working hard or college degree doesn't equate high pay....whatever that is to the individual person. So what is considered good money or a good salary in everyone's specific area?
Exactly, what you make is only 1/2 the equation, what you spend is the other half. To me good money is when you can pay cash for a high ticket item without effecting your long term cash savings, 12 months of living expenses, have no debt. I know lots of people who make good money but they don’t actually own anything, they are in debt up to their eyeballs and one missing paycheck for it to all fall apart and others who make 1/2 of those incomes but manage it well, buy small, sell big, own their vehicles, homes etc. |
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 Expert
Posts: 3815
Location: The best kept secret in TX | I went to school for a whole semester before I finally convinced my parents that it wasn't worth it to me.
I learned a trade, worked hard, stayed humble, and was never above scrubbing the bathroom tile with a tooth brush if that's what needed to be done. I stayed late, I came in early, and I always smiled no matter what. I left it better than I found it, and never complained. I went days without eating 3 meals a day and found ways to get food cheaper. (Day old bread, 50 cent lunch meat amrked down because of the date, filling my water bottles at the fountains at our local grocery store...) No, I don't make a lot of money now to some people but I have worked very hard for the things that I do have and refuse to take no for an answer.
I've been so poor I couldn't even pay attention. Lived in an old ford pickup that rarely ran for months at a time and took showers at the petro gas station when I had a few extra dollars to spare. I will never take any job I am given for granted and I will always look for ways to save money because that's how I raised myself. If you want it bad enough, you'll find a way to get it. Whether that be going into debt to get it, or saving your pennies to pay for it. You'll find a way. Trust God's process, don't rush it. When he closes a door praise him in the hallway.  |
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 Expert
Posts: 2128
| ndiehl - 2017-11-08 8:12 AM want2chase3 - 2017-10-31 9:11 AM Jazz's Girl - 2017-10-31 8:16 AM got boost? - 2017-10-30 6:31 PM I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices.............. Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business. You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped. Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper. This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance. I have two degrees; one in business management (university ) and one in marketing (college ).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently ) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets ). I save for what I want and bought some nice horses but it took me years to do so. I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours ETA: I waitressed during school and came out with a car and no debts as well.
I think people underestimate what waitresses are capable of bringing home. I waitressed in high school and through college (and I would do it again if I lost my current job). I made more money waiting tables than lots of grown women with "real jobs" that I knew. I advise most of my younger college aged family members-friends to give it a try. You cant make that kind of money at a bank window or other jobs normally held by students/young adults. |
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Expert
Posts: 3815
Location: The best kept secret in TX | ndiehl - 2017-11-08 8:12 AM want2chase3 - 2017-10-31 9:11 AM Jazz's Girl - 2017-10-31 8:16 AM got boost? - 2017-10-30 6:31 PM I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices.............. Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business. You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped. Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper. This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance. I have two degrees; one in business management (university ) and one in marketing (college ).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently ) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets ). I save for what I want and bought some nice horses but it took me years to do so. I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours ETA: I waitressed during school and came out with a car and no debts as well.
My friend recently quit her office job to waitress again. She is making more as a bartender/waitress than she ever thought about making behind a desk. She has flexible hours and doesn't have to pay for a sitter since she can work around her Husbands schedule.
Her husband gets tickled when people say things like: Are you ever going to make her get a real job? He just laughs and says my wife makes more in 6 months than your wife makes all year... and he's right...  |
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My Heart Be Happy
Posts: 9159
Location: Arkansas | IRunOnFaith - 2017-11-09 8:30 AM
I went to school for a whole semester before I finally convinced my parents that it wasn't worth it to me.
I learned a trade, worked hard, stayed humble, and was never above scrubbing the bathroom tile with a tooth brush if that's what needed to be done. I stayed late, I came in early, and I always smiled no matter what. I left it better than I found it, and never complained. I went days without eating 3 meals a day and found ways to get food cheaper. (Day old bread, 50 cent lunch meat amrked down because of the date, filling my water bottles at the fountains at our local grocery store...) No, I don't make a lot of money now to some people but I have worked very hard for the things that I do have and refuse to take no for an answer.
I've been so poor I couldn't even pay attention. Lived in an old ford pickup that rarely ran for months at a time and took showers at the petro gas station when I had a few extra dollars to spare. I will never take any job I am given for granted and I will always look for ways to save money because that's how I raised myself. If you want it bad enough, you'll find a way to get it. Whether that be going into debt to get it, or saving your pennies to pay for it. You'll find a way. Trust God's process, don't rush it. When he closes a door praise him in the hallway.
This is good stuff right here^^^^ |
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 Go For It!
Location: Texas |
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
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Can You Hear Me Now?
Location: When you hit the middle of nowhere .. Keep driving | grinandbareit - 2017-11-11 2:32 PM
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
I'm in a small town with approx 600 people total but on the trans Canada highway... its seasonal but there are better days in the winter (weekends a lot of the time) and then some slower ones. The summer we run out rears off and its insane and we usually can't wait for a slower day in the winter just to breathe. The restaurant I work at has a lot of return customers who travel because we are the only one with a good reputation for having good food/service for a long time when your driving. |
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 Horsey Gene Carrier
Posts: 1888
Location: LaBelle, Florida | Good job and good money is only good so long as you keep the job.
We were just in that position...Hubby making good money at his job for over 10 years. Layed off last week for a **** poor excuse of 'no work'. His profession is a large equipment operator (he is one of the best in the area). Road work all over the place.
So at the age of 52 he is on the hunt for another job. |
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Take a Picture
Posts: 12838
| After going to the barrel race last night, I realized I had forgotten this strategy. Find you some hard working guy that makes good money and grab him. After you have been marked a little while, talk him into buying you a high dollar horse. If things don't work out get a divorce and find you another man. I know several people who have never worked because they got enough to keep them going after a divorce til they found some one else. Never worked for me but it seems to work quite well for some. |
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 Extreme Veteran
Posts: 421
Location: Texas!! | ndiehl - 2017-11-12 12:20 AM
grinandbareit - 2017-11-11 2:32 PM
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
I'm in a small town with approx 600 people total but on the trans Canada highway... its seasonal but there are better days in the winter (weekends a lot of the time ) and then some slower ones. The summer we run out rears off and its insane and we usually can't wait for a slower day in the winter just to breathe. The restaurant I work at has a lot of return customers who travel because we are the only one with a good reputation for having good food/service for a long time when your driving.
My daughter was a waitress in Anahuac, Tx. Its a small town, but she made crazy money!! The little dive she worked at was featured on the show "The Texas Bucket List" twice. It is a bar and grill so to make the good tips she had to work late and weekends. She did have to quit after a year and a half, because it was too hard to work the late hours and try and go to school, plus she could hardly find time to ride. (crazy money to me is $800 a night in cash, on a slow night she would complain if she made $200.) |
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Veteran
Posts: 264
| Top priced horses have hit our city hard this past year. It seems like everyone all of a sudden fell into money and were out purchasing $30k + horses. I don't think anyone kept these amazing athletes longer than 6 months. Couldn't keep up with the maintenance, couldn't ride them, etc. Although, it has been pretty cool to see some of those top runners that I read about in BHN come through!
I'd be curious to know on average how much it costs to maintain these top rodeo horses on a monthly basis. |
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Not Afraid to Work
Posts: 4717
| ndiehl - 2017-11-08 8:12 AM
want2chase3 - 2017-10-31 9:11 AM
Jazz's Girl - 2017-10-31 8:16 AM
got boost? - 2017-10-30 6:31 PM
I'm kinda curious how many people that cant imagine paying alot of money for a horse if they have a college degree or a good trade?? I was raised the sky is the limit with a good education and good choices..............
Do you have a degree? I do. And I can tell you that is the most expensive piece of paper I have ever purchased. The papers for my horses cost less! I heard growing up... Get a Degree. Get a Degree. Get a degree. So I got a degree. I have a BBA in Business.
You know what... I am not making anymore with that degree than I was before I had it. Less actually. So a trade, yes that may help. But in my experience, this degree has not helped.
Take my husband. He spent 10 years in the military. Stationed in Germany twice and Korea once. Got out, became an officer. Retired at almost 50 with 21 years with the County. ALL without a degree. So he spends a few months "retired" and gets bored. He starts job hunting. Its hard to find a decent paying job that one of the requirements isn't a degree. He gripes about it all the time. Whats funny, is he has so much experience that he has gained from life that he would be an awesome asset to a company but they overlook him because of a piece of paper.
This is what we've been telling our girls, one has 1 year left in HS they are thinking they want to attend a big name college.. honestly we can't afford to send them.. we've been telling them to learn a trade, go to school for it.. i.e. dental hygienist, medical, nursing type stuff. Those fancy college degrees aren't what they use to be. I know several people that have college degrees and are working like dogs to pay off student loans and not making very much money at all. One of my nieces got out of hs and went into dental hygienist schooling, graduated with a very well paying job, got her student loan paid off in less than a year and only has to work 3 days a week, she's sitting pretty and isn't stressed out! I wish I would have done that when I had the chance.
I have two degrees; one in business management (university ) and one in marketing (college ).... I make more money at the moment then I made working years in my fields. Mind you I live in a bad location for businesses type fields. I own my farm solo outright and I am a waitress... Hubby is in construction and I actually pull off more money on average then he does and work half the hours. My stud pulls in enough to pay for any extra hay (I crop share my 400 acres and keep a 1/3rd currently ) but I have 25 hungry mouths to feed with my broodmares, retirees and I'm a sucker who keeps taking in horses in need of homes (there is 8 out there right now just pasture pets ). I save for what I want and bought some nice horses but it took me years to do so.
I laugh all the time at people who think I'm stupid for being a waitress or think I'm uneducated... most don't realize how educated I am and half of our staff has university degrees but realize the benefits of our workplace. I love my flexibility on hours
ETA: I waitressed during school and came out with a car and no debts as well.
I also have 2 degrees. 2 year paralegal and 4 year in criminal justice. None of which are "high" paying jobs but it is something I am passionate about. |
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Elite Veteran
Posts: 823
Location: East Texas | many get confused thinking that a degree will automatically allow you to make more money. A degree just gives you more options on how you make your money. |
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Expert
Posts: 3815
Location: The best kept secret in TX | CrossDRanch - 2017-11-12 4:09 PM many get confused thinking that a degree will automatically allow you to make more money. A degree just gives you more options on how you make your money.
You should ad this topic to your teaching schedule ;)
Colleges are great at brainwashing students to believe that piece of paper means you'll get rich...
Community colleges that offer skill training or technology training are worth the $700-$800 per course to me. |
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 Extreme Veteran
Posts: 456
Location: SW MO | runfastturnsmooth - 2017-10-28 9:27 AM
Get a loan....I did....the horse paid half in winnings I paid half making payments....sold the horse for double what I paid too.
Be smart....learn....and keeping fighting and working to get a better one.
It is all in your priorities...
ETA: Some ppl can find bargain diamonds in the rough. I have never been that lucky, every time I tried to do that it ended up costing me more money by putting money into my fixer upper. But I am business minded when it comes to a horse.
Can you message me? I am considering going this route for my next horse |
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Loves to compete
Posts: 5760
Location: Oakdale, CA | IRunOnFaith - 2017-11-13 8:56 AM CrossDRanch - 2017-11-12 4:09 PM many get confused thinking that a degree will automatically allow you to make more money. A degree just gives you more options on how you make your money. You should ad this topic to your teaching schedule ;)
Colleges are great at brainwashing students to believe that piece of paper means you'll get rich...
Community colleges that offer skill training or technology training are worth the $700-$800 per course to me.
um no a degree doesn't equal a good job but doing research for a degree that has great paying jobs is the key............you have to have good work ethics to get a job and keep a job whether or not what type of degree you have..............You have to show up and every business is short of a good hard working employee and they will make room for you..............you just work your way up....... with any job you start at the bottom however the right degree will open up many many doors for you. Thats how I was raised...........
you could always ask the people that are successful in buying horses, trailers what ever you desire and how they got there.................like vetting a horse...research...
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 Elite Veteran
Posts: 824
Location: Duvall, WA | Because the last horse I sold paid for it! Seriously, since I was a kid I have been buying young prospects, riding the heck out of them, showing up at shows with them looking and working great, and selling them for more than I paid. Then buying another even better bred prospect, until now I have a barn full of really nice horses and don't feel the need to trade up anymore. IMO horses are way too expensive to keep and we all spend way too much time and sweat on them to have a bad one. If you are out in the barn working your @$$ off every day like most of us--buy a nice, well-bred baby. Won't be long until that baby is a nice horse. Usually, anyway. |
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 Expert
Posts: 1718
Location: Southeast Louisiana | grinandbareit - 2017-11-11 2:32 PM
Where are you guys waitressing at??? You must live in town, cause none of the waitresses around here are making that great of money... our oldest daughter is a waitress and bartender in Kemah and does really well... but she lives in the city where all the people are. Just can't do that in the rural area where we live.
A Waffle House waitress told me, just the other day, that she can make $50-$60k a year, if she wanted to. Granted, she was a manager, I’m sure her hourly pay is better than a newly hired waitress. But, apparently they can look online at the surrounding stores and get on the schedule and work just about every day of the week, if they want. Problem is, they can’t get people who want to show up for work. So, they always have openings on the shifts.
I have no idea how accurate those numbers are, but it might be worth looking into, or maybe someone on here can dispel the rumor, if it’s not true. |
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 Sock eating dog owner
Posts: 4553
Location: Where the pavement ends and the West begins Utah | Location is everything when it comes to more bang for your buck. I moved from Utah to Michigan the culture is at a turtle pace due to farmer/agriculture. The speed limit is lower due to tractors and weather/snow/rain. So are busineses, ie people can't get to work and distance IS a factor. Utah is very fast paced and having lived in California they dialed in on warp speed. So you really can't explain ...how do you afford? Make the best with what you have. |
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 Expert
Posts: 1612
Location: Cocoa, Florida | 30k is cheap here lately! I know several people locally that have 100k + horses, most of them own big cattle ranches. My friend just sold one for 3 figures to a pro rodeo girl, I say they’re BLESSED. I’m just happy I have had enough talent and drive in my life to be able to make my own barrel horses. We are middle class citizens, I have to budget and have sold many horses to be able to afford my F350 and gooseneck trailer..... I drove a 1500 and a tuna can trailer around for many years! To each their own, I don’t live in anyone else’s dreams but my own, I work hard for everything I have and wouldn’t trade that for anything. |
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Extreme Veteran
Posts: 542
| Those that came from money bought it.
Those who started with a beat up truck a bumper pull and a $2500 horse worked their ass off for it.
Some ppl can't comprehend the amount of sacrifice that goes into making a living off of horses. Your gonna pay money out to learn and fail before you get a return on your investment of hard work and time. It might take a couple years or a couple decades, its about your priorities tho. |
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 Elite Veteran
Posts: 623
Location: /ARKANSAS | I was a young registered nurse along time ago and a young lady came on staff to work with me, she had just financed a horse!! I thought noooo. I would finance my home but not a horse. Later in life I did! But it is peoples values that tend to come first. |
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Loves to compete
Posts: 5760
Location: Oakdale, CA | IRunOnFaith - 2017-11-13 8:56 AM CrossDRanch - 2017-11-12 4:09 PM many get confused thinking that a degree will automatically allow you to make more money. A degree just gives you more options on how you make your money. You should ad this topic to your teaching schedule ;)
Colleges are great at brainwashing students to believe that piece of paper means you'll get rich...
Community colleges that offer skill training or technology training are worth the $700-$800 per course to me.
Who relys on colleges to give direction???............nothing personal they don't have your best interest in mind like family.... |
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Expert
Posts: 2128
| streakysox - 2017-11-12 8:41 AM After going to the barrel race last night, I realized I had forgotten this strategy. Find you some hard working guy that makes good money and grab him. After you have been marked a little while, talk him into buying you a high dollar horse. If things don't work out get a divorce and find you another man. I know several people who have never worked because they got enough to keep them going after a divorce til they found some one else. Never worked for me but it seems to work quite well for some.
I've witness this work out for a few myself LOL. |
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Meanest Teacher!!!
Posts: 8552
Location: sunny california | or marry the man that is hard working and dedicated to making you happy when he makes just a tad over minimum wage. Stay with him through thick and thin- and I do mean THIN. Build a life together, both working hard, then after the time that most have lost everything in a divorce have enough to buy what you want. It does take decades and sacrifice |
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 BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | What are we really talking about here? We’re talking about a hobby for 99% of us, at least. If your main hobby is fishing, for example, you can very easily spend 6-figures just on a boat....or you can buy something basic and functional for a fraction of that. If you are crazy about golf, you can spend tens of thousands a year on country club memberships, clubs, carts, and lessons...or you can buy inexpensive clubs and pay cheap green fees at public courses.
I could go on and on.
This notion of “chasing the dream”, is just that....a dream for the vast majority. My “dream” as a kid in HS and college was to make it to the big leagues. Little did I know that the odds were about 1 in 7000. Fortunately for me, I quickly realized that “dream” was very unrealistic, so I quickly focused on a plan B, and opted to make baseball a relatively inexpensive hobby by playing amateur ball and coaching.
My advice to younger people is this.
Avoid debt.....strive to live debt free. Be frugal and save.
Be realistic. Avoid tempting financing schemes.
The dirty little secret is this: Many of those people with those expensive horses and rigs are actually up to their ears in debt. Some are underwater. If you are slaving away trying to get the most out of your young horse that didn’t cost a fortune and you are hauling him with an older pickup and trailer, and if they are paid for, there’s a pretty good chance you are better off in many ways than someone with that top shelf horse and stuff.
“All that glitters is not gold.”
- W Shakespeare, The “Merchant of Venice”. |
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Expert
Posts: 1599
| Bear - 2018-06-04 7:18 PM What are we really talking about here? We’re talking about a hobby for 99% of us, at least. If your main hobby is fishing, for example, you can very easily spend 6-figures just on a boat....or you can buy something basic and functional for a fraction of that. If you are crazy about golf, you can spend tens of thousands a year on country club memberships, clubs, carts, and lessons...or you can buy inexpensive clubs and pay cheap green fees at public courses. I could go on and on. This notion of “chasing the dream”, is just that....a dream for the vast majority. My “dream” as a kid in HS and college was to make it to the big leagues. Little did I know that the odds were about 1 in 7000. Fortunately for me, I quickly realized that “dream” was very unrealistic, so I quickly focused on a plan B, and opted to make baseball a relatively inexpensive hobby by playing amateur ball and coaching. My advice to younger people is this. Avoid debt.....strive to live debt free. Be frugal and save. Be realistic. Avoid tempting financing schemes. The dirty little secret is this: Many of those people with those expensive horses and rigs are actually up to their ears in debt. Some are underwater. If you are slaving away trying to get the most out of your young horse that didn’t cost a fortune and you are hauling him with an older pickup and trailer, and if they are paid for, there’s a pretty good chance you are better off in many ways than someone with that top shelf horse and stuff. “All that glitters is not gold.” - W Shakespeare, The “Merchant of Venice”.
^^^This.
That being said....my degree is not related at all to anything I now do, but having a bachelor's has allowed me to move up the ladder pretty quickly into solid pay category. Work your azz off, study pedigrees and confirmation and movement and develop a great eye so you can recognize that diamond in the rough. Make your own luck! |
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 You get what you give
Posts: 13030
Location: Texas | CrossDRanch - 2017-11-12 4:09 PM
many get confused thinking that a degree will automatically allow you to make more money. A degree just gives you more options on how you make your money.
That's the dang truth. I have ten years of college and two degrees under my belt, have a badass job that I love, but it's definitely not the highest paying job out there.
My husband, who didn't finish college, worked in retail for 16+ years and was a GM of a big box store, made twice as much as I did when I graduated with my DVM.
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You get what you give
Posts: 13030
Location: Texas | To answer the OPs question-
1- some people have high paying jobs, own their own company, etc, with a lot of cash flow
2- some people have decent jobs and are very good at saving
3- some people inherited money
4- some people live on family land with little to no monthly bills and have more disposable income
5- some people take out private loans and go into debt
6- some people refinance houses, etc to scrape up extra cash
7- some people sell enough horses to save up cash to step up
8- some people marry a rich dude LOL
9- some people didn't buy the expensive horse but trained one up and its now worth that much
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Expert
Posts: 1414
| cow pie - 2018-06-03 10:44 AM Location is everything when it comes to more bang for your buck. I moved from Utah to Michigan the culture is at a turtle pace due to farmer/agriculture. The speed limit is lower due to tractors and weather/snow/rain. So are busineses, ie people can't get to work and distance IS a factor. Utah is very fast paced and having lived in California they dialed in on warp speed. So you really can't explain ...how do you afford? Make the best with what you have.
Can you explain this? |
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 Regular
Posts: 53
| Another perspective: "Some people are so poor, all they have is money." - Jack Kerouac |
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 Veteran
Posts: 124
| The most I've ever spent on a horse was a 3D barrel horse for $6,500. I'll never spend that much on a horse again. The pressure to keep him sound, in shape, running at his potential, etc. took all of the fun out of barrel racing for me. I sold him and went back to running my old horse for which I only paid $4000. Once he's done, I'm done. My two girls are old enough to start riding with me, and frankly I don't want to spend the money for all 3 of us to purchase and maintain competitive horses. I'm not experienced enough to train up my own, and the cost of buying multiple finished horses is just too stressful for me to even think about. Not only that but my husband isn't a horse guy. I don't think it's fair for me to expect him to shell out all of our "fun money" on horses when he gets nothing out of it. We like to travel and have other hobbies. I'm OK with being mediocre at showing horses if it means we can afford to go on vacations, attend our favorite sporting events and have 39 pair of shoes.
My husband and I make decent money for our area.... probably more than most people in the county. We don't buy something until we can pay cash for. The only thing we're making payments on is our house. Not being in debt is worth it to me to have used stuff and mediocre horses. Life is too short to worry about how you're going to pay for your necessities, let alone your hobby.
I know people who live and breathe rodeo and spend all of their money and free time on it. That's their thing, so I say go for it! But for me, the expense to compete at that caliber would just not be worth it. |
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Take a Picture
Posts: 12838
| I have been lucky. I have raised most of the horses that I have been very successful running. I have had several 1D horses just fall in my lap but again I know what I want. I have come across some real deals when I was looking but I have always had the money saved for an opportunity.
One of the best deals that just came my way was an unregistered horse that a trader picked up at a sale around Dallas. Horse was supposed to be around 18 but mouthed out at 20+. A family who had just lost their old horse needed a replacement. Two little girls ended up with a top 1D horse that made two little girls very happy. They paid $1500 for him and he had a wonderful home. That black sucker could hold his own in any competition. I know several horses that have sold cheap because of a divorce and husband just wanted to get rid of the horse. You do need to know what you are looking for. |
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Elite Veteran
Posts: 629
| So, in my situation, I have 3 horses, 2 of which were free. The best one I own was a trade. I train and sell her horse, and I could have this one as payment. BEST deal I ever made. I also train my own. I don't raise them to sell and flip or move on. I like the teaching part, so I don't care if they take 4-5 years to get running. I like playing with them, and get attached and keep them forever.
As far as the education stuff goes - The best thing you can do is research what jobs make the kind of money you want to make, and what it takes to get there. I have 2 associate's degrees. Thankfully, didn't cost me a fortune because I went to community college. Unfortunately, I'm in a field where if I'd gone and got 1 bachelor's I'd have started out making about $15,000/year doing the same job. I have a friend who has a Bachelor's in a completely unrelated field to her position, and started out making a lot of money just because of that expensive piece of paper. |
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