We all know that dog is a man’s best friend, but your best friends can put a dent on your bank account. According to the APPA, Americans spent around $72.5 billion on their furry family members and expect that figure to continue to climb. If you’re spending more than you would like on your pets, here are several ways you can save.
Adopt instead of Shop
Its generally much cheaper to adopt pets rather than buy them from a breeder. Adopted animals generally are spayed/neutered and are also up to date on their vaccinations, so that is another cost-saving perk. With adopting, you not only save money but also a life. Millions of animals are euthanized in shelters each year, so adopting is a way to get your best friend and save their life.
In many cases, we spend money on toys and furniture that does not get used. Rather than wasting money on expensive and unused toys, make toys and furniture at home! For dog owners, you can make furniture such as dog houses and stairs for bed. For toys, try an old t-shirt rope or a soda bottle treat dispenser. Cat owners can make cat perches and toys. They can also make yarn balls and string toys with items that are commonly found around the house. Making toys and furniture is an easy way to utilize items you have around the house while saving money.
While trying to keep your pet healthy can be expensive, it doesn’t have to be. Getting your pet spayed/neutered can help prevent them from having babies, which can be a huge expense. While there is an initial cost, there are many long-term benefits to getting your animal fixed. Buying over the counter medicine online is often cheaper compared to buying them at the vet’s office. Making sure your pet is exercising can help keep them healthy and avoid expenses that come with medical issues.
Pet food can be very expensive depending on the size and brand. Properly storing you pet’s food can help food stay fresh for a longer time. Looking for sales on your pet’s food can also help you save a few bucks. If you’re looking for a cheap but natural food for your pets, cook them a meal with human food! While we have been told to not give our pets human food, there are healthy options such as eggs or carrots that your pet can eat. Doing research prior to feeding your pet human food is recommended.
Pets can be a very expensive member of the family but implementing these tricks into your routine can help you save some serious cash.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment Advice offered through GWM Advisors, a registered investment advisor. GWM Advisors, Southern Point Investment Partners, and Fidelity Investments are separate entities from LPL Financial.