Four-legged, winged and finned family members bring great joy and comfort to households, but they can also save money on your budget. A 2023 GOBankingRates survey of 1,021 US adults revealed that among those with pets, more than one-third (35%) said they spent between $601 and $1,200 a year on pet care . Another 8% said annual pet care costs more than $2,000.
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The fees may be higher than that as well. A USA Today Blueprint survey of 1,000 Americans with dogs found that 12% of respondents spend more than $500 per month on their pets, while some claimed to spend as much as $5,000 or more. more than a month.
If you spend that much, congratulations — you’re probably rich. For most Americans, however, monthly pet expenses are likely closer to $100 between food, medicine, veterinary care, grooming, toys, bedding and other supplies. Going above that can mean sacrificing in other areas.
Here are five ways to lower your pet care costs if you spend more than $1,200 a year.
Take a Proactive Approach
Like human health, pet health involves more than seeing the doctor whenever an issue arises. Being proactive about your pet’s health can reduce the risk of expensive veterinary bills. Proper diet and exercise are important, as are annual wellness visits that can help veterinarians predict and identify potential health concerns early.
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Reduce Veterinary Costs
Veterinarian prices vary widely, and you can save money by shopping around and seeing what different vets charge for different services. Another way to save money is to take your pet to a veterinary school — Veterinary schools are usually cheaper than animal clinics and hospitals. Students perform the procedures, but are supervised by a licensed professional.
Ask for Help From a Charity
If you can’t afford your pet’s medical bills, you may be able to get help from a national or local charity. A blog from Best Friends Animal Society lists resources for pet owners who need help with vet bills. National programs include The Pet Fund and Red Rover. For assistance with pet food and other expenses, contact your local Humane Society of America office.
Shop Repair Services
A basic dog grooming can cost anywhere from $30 to $90, according to The Academy of Pet Careers. Some breeds may be more expensive than others or require more frequent grooming. Your location and the qualifications of the groomer can also affect the cost. As with veterinary care, you can save money by comparing different grooming services and finding the ones that best fit your budget.
Pet Insurance
Pet insurance can help you save money when you file successful claims over expensive vet bills. Just be sure to compare insurance companies, choose the right coverage and ask for discounts to lower your insurance costs.
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This article originally appeared on GOBankingRates.com: Spending Over $1,200 a Year on Pet Care? Here’s How to Cut Costs
