Horse Economics: A Personal Finance Guide for the Horse Ownerby Catherine E O'Brien
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.
"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
- Trafalgar Square
- Publication date:
- Sold by:
- Barnes & Noble
- NOOK Book
- 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.
Most Helpful Customer Reviews
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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.