Costly Pet Ownership

cost of pet ownership
Are you a pet owner? If you are you among a large group in Canada. From what I have been able to find there are some where in the neighbourhood of 8 million domesticated dogs and cats in Canada.

Lets be honest, when you decided to get an animal did you consider the financial costs of pet ownership. The pet industry is huge and very profitable, but the effect on the personal budget can range upwards of 15 to 20 percent of the owners income.

I have met people that are spend some much money on their pets they can't buy enough food or cancel vacation plans to because of the cost of sending their dog to a nice dog kennel.  For many the actual costs of pet ownership are much higher than they realize.

Check out the inforgraphic from below for the different costs of pet ownership across the United States.

pet ownership

Financial Blog of Mike Hassard | Life Insurance Debt Investing Mutual Funds |

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