Summary

A budgeting guide for buying a horse, pony, mule, or donkey that fits your goals and finances. Explains that purchase price is only the start, with annual care costs that can be substantial, and recommends a veterinary pre-purchase exam to assess health and likely future expenses. Describes what drives sale price, including age, training, color, lineage, breed type, registration status, conformation, sex, and temperament. Includes tips like asking questions, checking records, getting neutral advice, and being ready to walk away.