Budgeting For Getting a Pet
Getting a pet can be so exciting; bringing a new member of the family home. It is nice to have a happy furry face greet you when you get home at the end of the day. If you are thinking about getting a pet you need to make sure that you are budgeting for it.
When you get a pet there is the initial cost of purchasing the pet. This is a cost that most people do think about and therefore if they do not have the money, they will usually save up. This is not the only cost that people need to think about however, and they need to actually change their active budget to include their pet.
When you get a new pet you need to take it to the vet to make sure that it is healthy. This is another cost you need to figure into your budget when you are getting ready to purchase or adopt the pet. Going to the vet is a yearly event so that needs to be worked into your budget as well. Animals have emergencies from time to time, either they get sick, or they manage to hurt themselves. If your pet needs emergency care is that money coming out of your emergency fund, or are you going to budget for a separate emergency account for your pet? This is something that you must decide.
Your pet just like you needs to eat every day. You must make room in your budget for their food. You should not just go to the store and pick out the cheapest food and figure that into your budget. Often times the cheapest food available is the worst for your pet. You must find a healthy food, your vet can recommend some, and figure out the amount you need to work into your budget every month so that you have enough food for your pet.
Do you travel? If so this is another thing you will need to figure into your budget when it comes to your pet. If your pet will be going with you, you will have to find a hotel that will allow your pet to be there, often those will cost more money, so you will need more money in your travel budget. If you do not plan to take your pet with you, you may have to pay someone to come take care of your pet or to put your pet in a boarding facility. Both of those would need to be worked into your budget as well.
Many people get so excited about getting a new furry family member that they forget to work on adding the animal into their budget prior to getting it. You want to work on your budget first to make sure that you will be able to work with the new budget and not feel that your money is being stretched too thin. Pets are wonderful as long as you remember to include them in your budget.
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