Figuring out how to budget with a pet is more important than ever! Many people ended up getting a new pet during the pandemic. And a lot of those were first time pet owners which for the unprepared can come with a bit of sticker shock as time goes on! We are now also seeing economic strains with inflation skyrocketing and interest rates rising rapidly across the globe. Unfortunately, this is leading to an increase in animals being abandoned or given to shelters as the financial strain of having a pet in the house is becoming simply too much.
It is so important to know what to expect on a yearly basis in terms of budget. Not to mention what the cost is over a lifetime of owning a pet. Having five pets I am fully versed in the costs of pet ownership! But it is heartbreaking for both pets and their owners to have to make the decision between keeping a pet or paying rent. A decision no one should be forced to make. So read on to find out what to expect before you bring a pet home and also for budget cutting tips!
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You’ve Made The Decision To Get A Pet
Congratulations! You have made the decision to get a pet! You are now likely doing some research and finding out more things such as the right breed/animal for your household and what to expect in terms of behavior and training once they arrive! But have you thought about the cost of the first year? Or the years after that? Or increasing costs once they enter their senior years?
Even the size of a pet alone can have a big impact on your budget. Got a big dog? That is a bigger food bill. And a bigger medication bill since many are dosed according to weight. I won’t even tell you what it costs to get Grace a monthly allergy shot…Not to mention it can cost more to find a dog walker willing to take on a large dog. And while you might be head over heels in love with that little pug face, you should be prepared for more health issues over their lifetime.
It sounds like a lot to consider. But by doing your research and knowing where you can save costs it can help you to prepare for a lifetime of joy with your pet! Read on to find out more!
Startup Costs
Yes there are costs you are going to incur before that new little fluffball even crosses your doorstep! The first being the cost of acquiring your new pet in the first place! If you are looking for a new kitten or puppy on a budget, a rescue or a shelter should be the first place you visit. Besides their adoption fees being fairly reasonable you will also be giving that pet a chance for a new life! You can read more on the importance of adopting a shelter pet HERE.
If you are going the purebred route be prepared to pay MUCH more out of the gates unless you consider a rescue. And don’t let that tempt you to go for the too good to be true deal on a purebred puppy or kitten. Because there is a higher chance it is coming from a puppy mill and you will likely end up incurring more health problems and vet bills down the road. If not immediately…Read HERE on what to look for in a breeder…and what to avoid…
Kitten and Cat Supplies
To be prepared to welcome a cat into your new home, at a minimum you will need to have food and water bowls, food, a kitty litter box and litter. I would also recommend a scratching post (unless you like the look of shredded furniture and rugs as they get used to sharpen kitty claws!) and some treats and toys. Kittens in particular are a bundle of energy! Tiring them out with toys leaves them with less reason to do acrobatics off your curtains!
You will also need to have a carrier to bring them home as well as take them to the vet. A collar with identification is also a good idea in case of escape…which they are masters at! And a brush helps to limit the amount of cat hair floating around and prevent matting in longer-haired cats. You can also look at a cat bed…But I have found mine are just as content (if not more so) to cuddle up on an old comfy blanket or sweater.
Puppy and Dog Supplies
If you are getting a new puppy you might find yourself needing more in terms of supplies than with a kitten out of the gates! Besides the same bowls/food/toys you are at a minimum going to need a crate, collar and leash as well as poop bags, chew deterrents, puppy pads and training treats. You can read more on what to expect with a new puppy HERE.
And you have to think about what that puppy could destroy…I had to rip up all of the upstairs carpet since Grace ever so kindly decided to use it as a giant puppy pad…Or the massage chair that had the wires chewed through and went to the curb…
The First Year – How To Budget With A Pet For Initial Vet Bills
Besides the initial checkup with your vet once they come home, there are many more vet bills to be incurred in the first year. Particularly if you have a kitten or a puppy! They may need to be dewormed, vaccinated, spayed or neutered and more. And if you have a female the spay is more expensive than it is to neuter a male since it is a more invasive/involved surgery. If your new pet has other issues (diarrhea is a common one…) there could be more costs to consider as well. Oh right, don’t forget about flea, tick and heartworm medication…
How To Budget With A Pet For Emergencies
Puppies and kittens are also mischievous and playful by nature! You can expect them to get themselves into all kinds of situations that could require an emergency vet visit. Be prepared to have something put aside for the “just in case” scenario. I have been fortunate with my pets so far! But went into panic mode when Benson chewed the hooked end of a hanging planter off…And I ended up sticking my entire hand down his throat to retrieve it…
How To Budget With A Pet For Food
And of course now that your new pet is home you need to keep them fed right? Sure the grocery store food might be a cheaper option than a better quality one at a pet store…However, the hidden cost is that your pet may not be getting the proper nutrition and it could impact their health and teeth down the road. Which of course leads to more vet bills…Dental care for pets is NOT cheap.
How To Budget With A Pet For Toys
Cats and dogs of all ages need enrichment. Which means you will be wanting to have some toys on hand! But beware many of the cheap toys which can be hazardous to your pet’s health! Rope toys can unravel and be ingested and create blockages that require surgery. Hard rubber balls can be swallowed and choked on. And other toys that get torn apart can have parts that can also be dangerous when ingested. Best bet is to get something more durable even if it’s a bit more…
How To Budget With A Pet In Terms Of Ongoing Annual Costs
Regular vet visits, vaccinations, parasite control and of course food costs will be ongoing. If you have a dog and work outside of the home for more than four hours a day you are probably going to be looking at a dog walker or doggy daycare. Which can add up in a hurry. You will likely also need to be replacing collars, leashes and toys due to regular wear and tear. With my Berners and their growth rate over the first two or so years of their life I went through many before they were even worn out!
But outside of emergencies, you should have a pretty good idea what to expect and budget for once they get older. Although recent upticks in inflation are making this more difficult.
Budgeting For The Senior Years
As much as we hate thinking about it, our pets will eventually enter old age. Which means we need to keep a more watchful eye on their health. I know with two of my cats getting into older territory we are now doing bloodwork at our annual wellness visits. And I am taking them back more frequently to address age-related issues. If you want to keep your pet comfortable as they age, put aside a bit extra if you can in case of age-related issues requiring vet visits. I think there is nothing sadder than seeing senior pets living out their last days in a shelter…
Creating Your Budget
Now you should have a good idea what to expect over the lifetime of pet ownership. And it’s important to make sure that you know how to budget for them.
Thinking Outside The Box When Preparing A Budget For A Pet
In terms of vet bills, you can get a wide variety of costs at different vets. Do your research before choosing a vet and when you have found a few to narrow it down to get referrals for the best option. For a neuter or spay your local humane society may be able to do it for a substantially lower cost than you would find at a vet. But make sure to call early because they can end up getting booked up pretty early…You don’t want to wait too long and end up with an oops…Or a male cat that sprays anything and everything in your house…
With so many pet stores out there (both online and in real life) it can be overwhelming. But many of them have sales that you can take advantage of. It may take a bit of careful planning but finding that great sale or coupon could be extremely helpful to a tight budget.
Also think about learning how to groom your pet at home since professional grooming can add up quickly! In terms of treats, consider buying a mold and making your own treats at home! It is also not only a great way to make nutritious treats but also great in terms of savings!
Budget With A Pet – In Conclusion
Knowing what you are facing when you get a pet is an important first step to ensure that you are fully prepared! With the additional first year costs with a puppy or kitten, if that seems out of reach for your budget you can always consider rescuing an older animal!
You can find a summary of the costs of owning a cat or kitten on the Ontario Veterinary Medical Associations webpage HERE and for a puppy or dog HERE.
In the US you can find the ASPCA’s table of pet ownership HERE.
If you find yourself in a dire situation reach out to some pet charities and see if they can help with some donations before considering rehoming or giving up your pet. After all, your pets are a part of your family.
