How to Budget for Your Pet

Owning a pet may cost you $560 to $1764 a year.

This is a lot of money. It makes you wonder why anyone would own a pet. But pets are worth that and more. And if you are thinking of becoming a pet owner, go for it. However, there are things you should consider first.

In another case, you may already own a pet and you have no idea how to incorporate it into your budget. Whatever your situation, this post is aimed at helping you.

How Much Does It Cost to Own a Pet? Dog Costs

Initially, a dog will cost you somewhere from $680 to $4495. There is the adoption fee, vaccinations, food bowls and other essentials.

From there, you can expect to spend $50 to $80 every month for food, poop bags, etc. Annual expenses will include the monthly expenses plus toys, routine cares, among other things. The total annual cost could range from $770 to $660.

Note that other expenses may come up such as a major medical issue and grooming.

Cat Costs

Initially a cat will cost $435 to $2405. This includes adoption fee, litter box, neuter, etc. The monthly expenses may be anywhere from $35 to $72.

The annual expenses will include the monthly expenses, toys, routine care and pest prevention. Total annual expenses range from…