Owning a pet is a serious, lifelong financial commitment. Your pet’s companionship will see you through ups and downs and that means there will be times you find yourself having to choose between buying cat food or buying a human necessity.
If you are thinking about owning a pet, research in the US shows that you will spend on a pet dog an average of $1,000 a year. Multiply that by the number of years he will live, on average lets say ten, that will be the investment you must be prepared to make to give your furry friends a good home and family.
I have yet to come across a study of how much one would need to spend on a pet cat. If you are interested to find out too, watch out for our survey on the right sidebar. For those of you who have pet cats, do take part in the survey so that we can share the results with those who are planning on becoming new cat owners. I look forward to seeing the results!