Budgeting for a pet
The RSPCA estimates that the average dog costs roughly $13,000 over the course of its lifetime. The truth is, owning a pet isn’t always cheap. All pets have requirements and therefore some expenses.
If you’re needing to tighten the purse strings, there are ways that you can be clever about how you manage your budget.
Here are a few tips:
Buy in bulk
Large pet stores will often have the option to buy food or other supplies, such as hay, in bulk. This will bring your cost down significantly. You will of course need somewhere to store the food or item, so be sure you’ve got that covered before making any purchases.
Think ahead and purchase pet health insurance. Depending on your pet’s age, and a variety of other factors, will depend on what cover you will need. You may think paying a regular fee for the cover seems like a lot of money but you can end up saving more in the long run. Vet fees can be costly so it’s something to consider.
Second hand items
Search more widely for pet supplies. For example, sites like Gumtree can offer just what you’re looking for. You can pick up a bargain like pet toys, beds and other equipment.
Become a pet expert
Paying services such as dog walking, training and pet grooming can start to become costly. A clever way around this is to learn how to do it yourself. There are many courses available that can equip you with all the must-knows and how-to-do’s! Again, the cost might seem like an expense you don’t want, but in the long run you will save hundreds by being able to do all these tasks yourself.
Always budget before you bring a pet into your life to ensure you can afford one. Write out a list of what you can afford on a weekly basis and what your potential pet will cost. Expenses to consider are food (including bowls or food dispensers), health/vet care, toys and enrichment materials, grooming, any medication such as worm and flea treatment, cages and hutches or bedding.
Topic: Owning a Pet