“Financial planners advise us to have an emergency fund in case something goes wrong — we lose a job or something comes up with the house — and that is also true for pets.”
That’s the consensus experts have for managing the costs of pet ownership: Set money aside specifically for pet emergencies. That should happen before bringing home a new furry family member, but for current pet parents, starting to save now is better than putting it off any longer.
Here’s a breakdown of common pet costs to help prepare for the financial reality of owning a dog or cat:On average, it costs about $620 to purchase a dog — $854 for pure breeds — and $139 for a cat, according to a survey from the American Pet Products Association . “You don’t want to assume you can bring your pets with you everywhere,” said Stevens at the Humane Society. “You’ll want to plan for that as well.”
In Minnesota, the average monthly premium for pet insurance is $23 for cats and $46 for dogs, according to pet insurance marketplace Pawlicy Advisor. Premiums are higher for older pets and might not include coverage for medications.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Dear Annie: I suspect my ex of financial malfeasanceAdvice from Annie Lane.
Baca lebih lajut »
Congress remains divided on budget negotiations as government shutdown looms: “Our financial ship is sinking”If Congress does not reach an agreement before 12:01 a.m. on Oct. 1, the government will shut down.
Baca lebih lajut »
Lego abandons effort to make oil-free bricks, Financial Times reportsDanish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its new material led to higher carbon emissions, the Financial Times reported on Sunday.
Baca lebih lajut »
Lack of foot traffic in SF Financial District forces popular Barbacco Restaurant to closeBarbacco, another one of downtown San Francisco's long-time restaurants, is closing its doors at the end of the week. Businesses in the Financial District and across the city have been hit hard by the loss of office workers.
Baca lebih lajut »
Britain proposes diversity and misconduct rules for financial firmsBritain's financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements for large banks and insurers to set targets to improve diversity and inclusion.
Baca lebih lajut »
Bank of Korea (BOK) Financial Stability Board (FSB) Meeting MinutesGet the BOK Financial Stability Board Meeting Minutes results in real time as they're announced and see the immediate global market impact.
Baca lebih lajut »