When you’re a pet owner, you’re not likely to put your pet to sleep, but sometimes a sick or injured pet does require veterinary care. And emergency care will run you anywhere from two thousand to four thousand dollars. Luckily, there are ways to minimize these expenses. One way is to set aside $1,000 to two thousand dollars per year for unforeseen vet visits. The other option is to set aside a portion of your emergency fund for the expenses that may come your way.
Dogs are notoriously expensive, and can rack up a vet bill worth $2,000 or more. Even simple issues such as skin allergies or ear infections can cost hundreds of dollars. While many pets are healthy and don’t require expensive surgery, it’s still best to keep detailed records of all your pets’ medical expenses so you don’t miss anything. Luckily, you’re not alone! According to the Nationwide insurance company, pet owners spent $81 million dollars on pet medical care in 2016.
In the past decade, you probably spent a total of $235 to $160 on medical bills for your pet. Those figures are high, but they’re not terribly out of reach for the average pet owner. Veterinary bills can skyrocket even higher if your pet is ill. And, if you have to put your pet down because you’re not able to pay for it, you’ll also have to deal with ethical and financial concerns if you do. Luckily, there are options besides euthanasia.