Anonymous wrote:Thanks all!
How quickly would a family new to equestrian decide to buy their daughter a horse? Again, I don’t mean billionaires where it’s not even a big deal. More-so the more normal UMC and upper UMC families involved in the sport.
And up until you buy your daughter her horse, you’re just pay to lease a horse from your local stable? So several local girls are leasing and sharing the same horse?
You can do a full lease or partial lease depending on the barn and situation. Start with lessons. A number of barns have opportunities for lesson kids to show, but at a lower level. Not that I’m recommending per se but Morningside is structured that way. They do shows at their barn and are comparably affordable. IEA teams is another comparably affordable way to show.
Generally you see kids ride at least a couple years before leasing or purchasing.
We are 8 years in and show monthly. Locally but bigger than the barn hosted/beginner type shows. We only do a partial lease - former racehorse. I don’t plan on purchasing because it becomes challenging when the kid leaves for college. I’m also not sure I could afford the horse and all the shows plus have savings for a catastrophic vet bill.
We truly enjoy it, but finances do create a ceiling. That can be frustrating when your instagram is showing peers with their new $60k horse. The leased ex-racehorse can’t always compete with that despite the talent of a rider. It can be a bit pay to play, but as a parent it’s important to help them understand the limits. And that it’s for fun.