To say that the COVID pandemic has been a difficult time is an understatement, I realize this. To counterbalance the strain, people have been intentionally looking for ways to comfort themselves and their families. A tremendous upside has been the boost in pet adoptions. Many animal shelters are having every pet adopted out. People posted pics on social media showing puppy-joy, loving older animals in their twilight years, and that the preferred sleeping place for cats is a warm computer keyboard. Even as I spent hours “ooh-ing” and “aah-ing” over really sweet pet videos, I had a very small but persistent irritation in my heart and mind. Have all these recent pet parents truly thought through the cost of adopting a pet? What happens if they realize they’re in over their heads? What happens when our communities start opening back up?
I appreciate people discovering the amazing benefits of owning a pet but I also realize that many decisions to adopt were probably emotional. That’s not to say that emotions are bad when making a decision, but acting first and thinking later could end up with an innocent animal paying the price. I really want pet ownership to be lovely, but accompanying money issues can dampen the experience. We hope to provide some hints to help you and your fur babies (or lizards, fish, birds, snakes, or arachnids).
If you’ve read our blog before you know that one of the basics of financial health is having a budget and your pets should be factored into your household expenses. It’s really helpful to have pet care needs to be broken down into categories:
Also, another reality is that animals are social. If your pet is languishing from loneliness, will you have to adopt a pet for your pet? More animals=more cost. It may seem like a lot to think about but every aspect should be considered so that you can give your pet a healthy and happy life.
This blog is certainly not meant to discourage anyone from adopting a pet, but rather, it’s to make sure you’re ready and have thought through every aspect of their care. The return on investment with a pet is love, and the joy they give is priceless.
The team at CESI is committed to helping you make wise financial decisions and to helping you understand how to get out and stay out of debt. For a free debt analysis, contact us and find out how we can help.
Consumer Education Services, Inc. empowers people to overcome their financial challenges and lead financially-healthy lives.
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