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Horse Economics: A Personal Finance Guide for the Horse Owner
     

Horse Economics: A Personal Finance Guide for the Horse Owner

5.0 1
by Catherine E O'Brien
 

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Most horse owners don't have unlimited disposable income, and, unfortunately, equine-related financial decisions are often driven by their passion rather than sound, long-range planning. Here, the author explains how this potentially disastrous scenario can be avoided with the appropriate preparation. Horse Economics helps illustrate a complete financial picture for

Overview

Most horse owners don't have unlimited disposable income, and, unfortunately, equine-related financial decisions are often driven by their passion rather than sound, long-range planning. Here, the author explains how this potentially disastrous scenario can be avoided with the appropriate preparation. Horse Economics helps illustrate a complete financial picture for the horse owner, first by determining the true costs of horse ownership, and then incorporating these added expenses into a household budget. Chapters include information on managing credit, debt, retirement, and investment, as well as an extensive examination of purchasing, owning, maintaining, and selling horse property. The book also includes helpful worksheets for calculating net worth, cash flow, and more.

Editorial Reviews

Western Horseman
"O’Brien provides solid advice in many horse–related areas. ...Best of all, O’Brien acknowledges the emotional entanglements of horse ownership and how those can cloud financial decisions, and she offers sound guidelines for making sometimes tough, but necessary choices."
Northwest Horse Source
This highly practical guide also includes worksheets, sample leasing, boarding, breeding, and shipping contracts. You'll also find a glossary of accounting, legal, real estate, investing, and insurance terms plus a list of personal finance, property, and business resources.
Mid-Atlantic Thoroughbred
expect to gain a fundamental understanding of the financial realities of horse ownership, coming away sufficiently prepared for further informed inquiry and research.
Equestrian Network Magazine
Fantastic information about taxes and the pros and cons of running your horse operation as a business vs. as a hobby.

From the Publisher

"O'Brien has achieved the near-impossible, making finances interesting."  —American Quarter Horse Journal

"Fantastic information about taxes and the pros and cons of running your horse operation as a business vs. as a hobby."  —Equestrian Network Magazine

Product Details

ISBN-13:
9781570766251
Publisher:
Trafalgar Square
Publication date:
07/01/2005
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
230
File size:
2 MB

Meet the Author


Catherine O'Brien is a Certified Public Accountant and financial analyist and has owned and ridden horses since the age of eight. She lives in Virginia.

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Horse Economics: A Personal Finance Guide for the Horse Owner 5 out of 5 based on 0 ratings. 1 reviews.
Guest More than 1 year ago
This book is a very comprehensive, easy to read and understand guide to thinking about horse related expenses and decision making. If you are just getting into horses, the parent of a horse crazed child,a horse owner, or thinking of building an equine facility or business, this book is a great resource. There is also a section of the book that discusses the different types of contracts including boarding agreements that is particularly insightful. As someone who's been in the horse industry for years, I am thrilled that there is now a good financial guide that I can recommend to my clients.