Some people have a good amount of disposable income. If you’re in this category, that’s a blessing. Maybe you received that money from your family, or perhaps you earned it on your own.

Either way, you will need to figure out what to do with it. You can always put it in the bank or start a stock portfolio. These aren’t exactly very fun things to do, though.

If you feel like you want to spend some of your excess money, you can buy things like mansions, yachts, or expensive clothing. You may also determine that you want to buy an animal, such as a horse. A horse is a status symbol since it shows you have wealth, but you might also enjoy owning it because you can establish a relationship with it.

We’ll talk about some horse ownership pros and cons right now so you can decide whether this move makes sense for you.

You Can Enjoy Spending Time with the Animal

Horse ownership has some positives and negatives that go along with it. It’s not like an emergency room error, where it’s very obvious that only bad things will come from this event. Buying a horse can make you feel happy since you’re stimulating the economy by purchasing a big-ticket item.

Once you have the horse, you will probably enjoy spending time with it. You can treat the horse like a pet, but it’s a lot more fun than a goldfish or guinea pig. You can ride a horse, and you might enjoy learning how to ride if you don’t know how when you first buy it.

Horses are very intuitive animals, and if they sense that you enjoy being around them, they should feel the same way about you. They can be a little skittish, so you will need to take some time to earn the animal’s trust. If you spend time with the horse every day, though, and bring it treats so it knows you care about it, it should warm up to you and show you some affection.

You Can Find Out How Thrilling Horseback Riding Is

Horseback riding is something that not everyone can experience. If you’re not wealthy, your best chance might be if you attend a summer camp that has horses. You probably can’t ride every day, though, which you can do if you have enough money.

If you take the time to ride your horse every day, you will get used to each other, and you will establish a rapport. The horse will accept you on its back, and you can learn how to canter and gallop.

There are not many activities more exciting than being on a horse while it’s running. It’s a very primal experience, and you might find that once you try it for the first time, there’s nothing quite like it.

You Can Make Money if Your Horse is a Stud

If you have a male horse, you can sometimes make money through it if you rent it out for stud services. You can also own a female horse and hire a male horse to stud for it. If your female horse gets pregnant, you can sell the foal once it comes.

This is a way you can make some money off your horse, and you can use that money to cover some of the ownership costs. Also, companionship in the form of another horse will make your horse happy. They will like spending time with another of their species if that’s something you can arrange.

Horses Are Expensive 

On the con side, you will quickly find that horses are not cheap. Just buying one costs a great deal, but you will also need a stable in which to keep it. You can either buy a stable or build one yourself, or else you can rent stable space for the animal somewhere.

You will need to pay for the animal’s food and medical care. You might even need to pay for other animals to keep the horse company. Some horses have goats, chickens, or other animals that stay with them, so they don’t get lonely.

That money might seem onerous after a while. If you do decide to get a horse, you should know that this is going to be an ongoing expenditure instead of a one-time one.

It’s Difficult to Own a Horse in an Urban Setting

You will also have to consider that if you want to own a horse, even if you have enough money for it, not to mention food, the stable, medical care, etc., it’s hard to own one and maintain the animal’s health in an urban setting. If you own a farm somewhere, that’s ideal. If you own a horse, though, you may have to buy a farm or some land somewhere, so the animal has a place to run around.

If you live in a large city rather than the country, buying a horse might not make much sense. Not only will you need to purchase a farm or stables for the horse, if you live in the city, you will probably not be able to see the animal very much. This means you won’t be able to establish a relationship with it if you can’t see it every day.

If you have plenty of money, and you don’t mind living out in the country, you can buy the horse, along with the stables in which it can live. You can live out there with it, and maybe that’s what makes the most sense for you.

If you don’t like that kind of life, though, and you prefer the big city and everything it has to offer, this setup is probably not going to work. You will need to think about whether country living appeals to you.

There are impracticalities about horse ownership, but if you want the animal badly enough, you might ignore them. Horse ownership can be rewarding for the right person.