|The ribbon wall from a previous year|
Boarding: $325 x 12= $3,900
Lessons: $65 x 10= $650
Entry Fees: $150 x 4= $600
Grand Total= $5,150 (This figure is actually very low as it doesn't include farrier, vet, equipment/tack and is a very rough estimate in terms of lessons and entry fees)
$5,150/8 ribbons = $643.75 per ribbon
Yet, even using the low number of $643.75 I would argue that the cost of the ribbon is not actually why we value it. We value it because of all of the blood, sweat and tears it represents. We value it because of the memories it holds. We value it because of the partnership we have with our horse. We value it because it represents the journey we are on and the dreams that have been realized. What would you add?