Your Pet Is Making You Poor

"You're taking on the quiet, ordinary privilege of care. It's a dependent-like a child, except it can't grow up and financially support itself. A pet isn't your emotional crutch or a lifestyle upgrade. It's a financial responsibility that lives and breathes and gets sick exactly when you can't afford it. So before you fall in love, get clear on what you're signing up for, and what it actually costs to care for an animal responsibly."

"If you're thinking about getting a pet, start with my advice here. Don't start at the shelter or browse the breeder's website that has a new litter of puppies named after famous scientists because a little Aussie named Einstein may send you to the state-funded old folks home if you're not up for a little financial planning first. You don't need to be rich to have a pet. However, you do need to be prepared, with more money and time than you think."

Pets require more money and time than many expect. Routine expenses include food, supplies, grooming, licensing, and preventive care. Major veterinary bills are an inevitability and require planning. Pet insurance may reduce costs but often requires cash up front and contains coverage limits, exclusions, and fine print. Potential owners should assess living space, schedule, and long-term financial stability before adopting. Emotional decisions often lead to reactive budgeting. Preparing an emergency fund and realistic ongoing budget ensures the ability to provide responsible, long-term care.

Read at Substack