Business

Your Money: Pets

More bark with less bite

Hello Kitty?

Hello Doggy?

If you’re thinking of bringing a pet into your life and haven’t had one for a while, get ready for sticker shock. The cost of getting a pure-bred puppy can be more than $2,000 (although it’s still pretty cheap to get a rescue animal from a shelter) and the cost of the average vet visit has climbed more than 80% in the last 10 years.

Furthermore, medical procedures once not even considered for pets can put vet bills into the thousands.

But there are ways to economize, from the birth to the death of a pet. There is even a puppy "lemon law" – not that you would take a puppy back after a while like a faulty Accord – that could help pay vet bills under certain conditions.

And there are legal ways to provide for your canine/feline companion if you pass on before them.

The key is to approach having a pet like any consumer matter, while keeping in mind that unlike a pair of shoes, you could be dealing with your best buddy in the world.


Resources


  • More bark for your buck

    With a little discipline, pet owners can keep vet costs on a short leash

  • Diamond dogs living it up

    Some of us toss Fido some scraps off the dinner plate and call it a night. But for those channeling Leona Helmsley, the hotel magnate who left $12 million to her Maltese, Trouble, there's no shortage of over-the-top products to pamper a pet. At Three Dog Bakery in Santa Monica, owners Rocky...

  • YOUR MONEY: Navigating your life
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