Teach responsible equine financial planning in unmounted lessons or prospective horse owner clinics with this teaching guide.
Many students are unaware of the big numbers involved in horseback riding activities and horse ownership, and may not be familiar with creating budgets. Guiding them through the budgeting process will give them realistic expectations and help them make sound horse care decisions.
Lessons cover:
- helping students and parents see the value in frank discussions about equine expenses
- equine budgeting basics, including fixed costs, occasional costs, and one-time costs, and how to spread large expenses over a 12-month budget
- the importance of an emergency fund
- evaluating short-term vs. long-term costs and controlling expenses with educated spending
Teaching tips include:
- creative ideas for teaching this topic with both private and group lessons
- suggested Challenge materials (games, worksheets, etc.) and other teaching tools
- strategies for adapting for your unique teaching situation
