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Love & Loot: Surprise! It's a Boy! Can You Afford Him?

While many of us don’t wholly base our decisions to expand our families (or not) on finances, it’s important to understand how a pet will impact your budget

By doing so, you can make sure you’re prepared for the unexpected – say your dog swallows his plastic toys or you lose your job. Your relationship will be healthier for it.

In an effort to help anyone considering a new pet, FiLife Contributor Kristin Sullivan has put together a few steps to help you figure out how a pet will fit into your budget.

  • Estimate the one-time “start-up” costs and the ongoing “maintenance” costs of the pet.
  • Slot those annual numbers into your budget.
  • Prepare for unexpected surprises.
  • If the numbers aren’t adding up, make reasonable decisions.

Read Kristen's article on the FiLife web site.

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