Financial Liquidity of Horse Owners’ Households in Poland: Microeconomic Perspective
DOI:
https://doi.org/10.33119/SIP.2026.209.8Keywords:
financial liquidity, financial fragility, discretionary spending, households, horse ownersAbstract
The paper examines the financial liquidity and fragility of Polish horse owners’ households from a microeconomic perspective. Using CAWI data from 636 respondents across 15 regions, the study investigates the share of horse-related expenses in household budgets, the role of income and precautionary savings in maintaining stability and behavioural responses to rising prices of equestrian goods and services. Descriptive statistics and comparative analyses were conducted in R. The findings show that the key source of risk is not the income level itself but limited liquid resources combined with high, fixed costs of the hobby. Households with low liquidity are more likely to cut other discretionary spending, forgo saving and consider reducing or abandoning horse ownership. The results highlight the need for financial education and stronger liquidity buffers among horse owners to mitigate the impact of income and cost shocks.
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