|
|
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. |
|
| |
|
 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..............Â
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. |
|
| |
|
 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. |
|
| |
|
 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.  |
|
| |
|
 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 |
|
| |
|
 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...
|
|
| |
|
 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. |
|
| |
|
 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. |
|
| |
|
  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. |
|
| |
|
 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. |
|
| |
|
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. |
|
| |
|
 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. |
|
| |
|
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.... |
|
| |
|
 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. |
|
| |
|
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 |
|
| |
|
 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”. |
|
| |
|
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! |
|
| |
|
 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.
|
|
| |
|
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
|
|
| |
|
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? |
|
| |
Folks on-line