Resource Author Francisco Rodriguez H.
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For most of us, one of the big factors affecting our answer to the question "Do you really want a horse?" is money. What is the average cost of owning horses? Well the fact of the matter is I can't give you a definite answer due to the fact that cost depends on many different things. Owning a horse can be a very expensive hobby or be managed on a very modest budget. It not so much the initial cost as it is the cost for upkeep

Milk and History
Mongolia is the only place in the world where wild horses exist (the "wild" horses in the US are actually feral). On the Mongolian steppes, tribes of nomads still domesticate wild horses, where they milk them and occasionally slaughter them for meat.

The mares' milk is used to make a fermented drink similar to yogurt. Milking a wild mare is no easy task; the milker needs to use a foal to start the flow of milk, but then immediately pull the foal away to collect the milk. But the milker must keep the foal close -- if the mare doesn't feel the foal touching her flank, she'll resist the milking process.

If you keep you horse at home with suitable basic arrangements, then your monthly expenses will likely be lower than they would if you boarded your horse at a full service barn. The cost in time and effort on the other hand will be higher, due to all the chores that come with keeping a horse at home. If you have a schedule that permits you some time & you plan well then this arrangement can be very enjoyable.

-You need to learn about buying and how to buy a horse.
- Horse care & handling
- You also need knowledge of horse equipment.

Nadaam
The Nadaam Festival is a yearly sporting event in Mongolia, featuring horse racing, wrestling and archery. Held each July in the capital city of Ulaanbaatar, the festival begins with an elaborate opening ceremony which includes music and dancing. The horse race is cross-country, and horses race in individual classes separated by age. The top five horses in each class are awarded.

There are many other things to consider, such as how many horses does your community permit per acre? How are your neighbors going to react to you having a horse or horses? Are they going to be comfortable with it and the possible smell of urine & horse poop, depending on how close or far you are from their property? Another thing to think about is what are you going to do with the muck after you clean the stall or paddock? Do you have the room to compost it or are you going to need a company or someone to pick it up? Where are you going to store hay and feed? Where will you store your horse trailer if you decide you want show with your horse or do some trail riding? Lastly consider what will be the cost to keep your horse at home, for feeding and maintenance etc...?

If owning a horse in the suburbs you may want to consider boarding your horse at a local horse boarding facility so you need to consider how much that will cost you as well