People have a tendency to drastically underestimate how much it actually costs to have a pet. According to a recent Credit.com survey, only one in five people correctly identified the cost of owning a cat or dog in the first year.
Of course, the unconditional love of a pet is worth just about any amount of money, but how much does it really cost to own a pet? Let’s take a look at more of the results from that Credit.com survey.
Did you know the average American pet owner spends over $1500 a year on their pet?
So, how can you save money and still get the most out of your furry friend? Finding a vet that you know and trust can save you a lot of money in the long run as you avoid “vet hopping” from clinic to clinic. (Or, better yet, paying on $99 per in-home exam with Vetted PetCare!) You could also consider pet insurance or even pet expense cost-sharing to defray some of those medical costs.
And remember, although your pet might look cute in that tiny Burberry sweater? They probably don’t really need it.