Cost Of Pets
Owning pets is a good thing. Pets give enjoyment and fulfillment plus there are studies done that pets do quite a bit of good for the elderly and children as well. We had pets at home when we was younger including a string of dogs, cats and pet fish. Once I got married and moved out, I don’t keep pets anymore because of time and the added hassle of taking care of them.
Since this site is about money, we will look at the cost of maintaining them. I surfed over to SPCA site to take a look at the cost of maintaining different types of pets and the associated cost. While I think cost can vary depending on what you feed your pets, especially dogs or cats which can eat a variety of food, the SPCA gives a ball park figure what to expect if you intend to keep pets.
The annual cost is around for:-
- medium size female dog $1,000 a year
- cat – $900
- rabbit – $500
- guinea pig – $500
- hamster – $240
The above cost does not include cost in case your pet gets sick or injure or other cost that might throw your budget way off. I know since we had pets that got sick, got hit by a car and other interesting happenings, when you have pets.
What does all this mean? Pets are expensive. If you want to keep them, make sure you have the necessary funds to maintain them. If you are in the midst of reducing debt, then pets might not make economic sense.
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