If you have young kids, there’s a good chance that every now and then they’re raising the idea of getting a pet.

Pets can be amazing — they give nothing but love and really do become a part of the family! But if you’re seriously considering making such a big change in your life, it’s important to understand the cost of owning a pet, and some of the expenses that may arise.

Buying a pet. If you’re not looking into adopting a pet from the ASPCA or The Humane Society, buying one from a breeder or pet store can cost quite a bit of money. Make sure you consider all of your options and understand what you’ll be paying and whether that’s the best choice.

Supplies. If you don’t have a pet now, you’re going to have a bunch of things you need to purchase to take care of your pet — leashes, things to help potty train them, water bowls, food, and more. If you’re aware of some of these things ahead of time, you may be able to shop around for lower prices online rather than spending a ton at a local pet store at the last minute.

Vet trips. You never know what’s going to happen with young pets that can easily get into trouble. They may eat something they’re not supposed to, run outside without a leash or just become ill from something you can’t control. Plus, at the beginning, your pet may need shots and to be neutered or spayed. All of these things mean trips to the vet, and those cost quite a bit of money because unlike with your family’s medical bills, you won’t typically have insurance to cover these things.

Pets really can be great additions to the family! But before you commit, just make sure that you have a budget in mind, and money put aside to cover all of the extra costs that come along with owning one.


Guest Author bio:

Annie Idea is a freelance writer focused on how to live large on a little living. She writes financial savings tips on the short term loan website, QuickQuid, and enjoys taking any idea and making it easier or cheaper to complete.

Photo Credit: Diana Ornes