Maintaining a pet will take a toll on your budget. If you’re not careful, you’ll have to dip into your wallet every day to keep up with pet care. From pet sitters to a visit to the vet and repairs to the damage he did to the neighbor’s property, your monthly pet-care costs could add up to hundreds of dollars. However, you’re not alone. According to one report, pet owners spend billions of dollars every year on their pets. Visits to the vet and food are the most significant expenses, but pet owners are spending more money on grooming, day care and pet hotels as well. Whether you own a turtle, snake, bird, cat, or dog, here are some simple tips to cut pet costs without skimping on luxuries.
1. Choose the right pet for your budget
Some pets are more expensive than others, so saving money all starts with choosing a pet based on your budget. If you don’t have time to take your dog for walks, you’ll have to pay someone to do it for you. Find out about the common health issues when you’re considering getting a pet so you’ll know in advance the type of expenses you’ll have in the future. It also helps to research the annual expenses. For instance, a larger dog is hugely expensive to maintain while a fish will be a lot easier on your wallet.