Did you know that yearly expenses for a pet can cost from $200-2,000 and sometimes more, according to the ASPCA? Welcoming a pet into your home has an impact on your finances. The following table, presented by the ASPCA, calculates the probable costs for common pets per year:
1. Premium brand dry kibble
2. Exam, vaccinations, heartworm preventative & topical flea/tick preventative
3. Scoopable litter for cats, scooped daily; hardwood shavings or recycled paper products for rabbits, guinea pigs and small mammals, changed at least weekly
4. Insurance coverage varies: some policies cover spray/neuter, vaccinations and heartworm medication. The annual deductible will also vary depending on the policy.
5. Deworming, basic blood tests & microchip
6. Basic twenty gallon set up with light/hood, outside filter, under-gravel filters, air pump and gravel. Does not include fish.
As you can see, these costs can make a dent in your monthly and yearly finances. Don’t let the stress of your finances keep you from providing the best care for your pet(s). Call 888-724-2326 and talk to a Money Coach about how to fit pet care into your monthly expenses.
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