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Knowing the cost of a pet

June 17, 2014

By Alliant Credit Union

If you're considering getting a pet, you should know the cost of owning it and make sure it fits your budget.

In addition to the initial cost of adopting, rescuing or purchasing a pet, the average pet owner will incur many other expenses in the first year with a new pet. Depending on the animal, these costs may include food, vet visits, training, medical insurance, grooming, toys, treats, housing and dental cleanings, just to name few.

Plus, as your animal ages, you may have to factor in medication and surgeries.

Knowing the cost of an animal before you buy or adopt it will help you get the right pet for your budget, so it can bring your family years of joy without adding financial stress.