EP240 Financial Cost of Pet Ownership
Many animal lovers will readily agree that dogs offer more than just companionship; having a dog enriches your life in so many ways. However, this enrichment does come with a cost. If you’re a long-time listener, you know that I have two golden retrievers, and in this episode, I thought I would break down the various costs that come with owning a pet so you can make your decision about adopting one based on financial facts versus the desire for a companion.
Listen in as I explain the vet bills I have had to pay over the last few years, as Rosie has faced numerous illnesses. You will learn the initial purchase cost of a dog, what the average monthly supplies might cost, and what you can expect in terms of at-home repairs when owning a puppy.
“Our pets are family members.” – Tracey Bissett
This Week on Young Money:
- How much the purchase cost is for a dog.
- What supplies you need to buy on average for a new dog.
- The average vet bill for a healthy puppy.
- What you can expect for vet bills if your dog has health issues.
Key takeaways:
- Research costs before buying a pet.
- Prepare for health ailments.
- Buy pet insurance.
Resources Mentioned:
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