O'Connor First
Serving All OfNew York And Vermont
877-886-4029 Toll Free
518-465-0400 New York

Is your pet sending you into credit card debt?

Resisting the adorable kitten at the animal shelter or denying kisses from the adoptable puppy at your neighbor's home proves nearly impossible for some. You may see the small animal and make the determination that if you don't adopt it, no one will.

Unfortunately, many adults' spontaneous decision to purchase or adopt a furry friend sends them spiraling into serious credit card debt. An increase in vet bills and food simply adds to your mounting owes, leaving you with the realization that you've made a mistake in adding a pet to your family.

How expensive could it really be?

Crushingly, so.

According to NBC News, Americans spent more than $60 billion on their pets in 2015. To own a dog, owners must be prepared to spend nearly $2,000 per year.

General expenses for animals include:

  • Food and treats
  • Dishes
  • Leash
  • Bed
  • Toys
  • Cage/carrier

Yet the most significant credit card debt comes from the veiled expenses of your animal. Accidental injuries and destroying of furniture and important assets escalate the price of ownership. Other expenses include:

  • Pet insurance
  • Pet rent, if you live in an apartment
  • Vet check-ups
  • Spay or neutering
  • Vaccinations
  • Dog walking
  • Boarding, if you vacation

Budgeting to determine feasibility

To determine whether owning an animal is financially safe for you, you must be willing to budget. It may prove unnecessary to own a pet if you are in financial turmoil or working to pay back credit card debt.

For those already in insurmountable debt, adopting an animal proves to be an expense you may not have the ability to afford. Completing research and understanding expenses of pets may save yourself from grief and stress, and you may save your potential animal from entering a home that proves unsatisfactory.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Speak To An Experienced Attorney.

High-Quality Representation At An Affordable Price. Contact Us Today.

Learn more about how we can help you by calling the firm at 877-886-4029.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.

  • dri | The Voice of the Defense Bar
  • BEST'S Client Recommended 2019 | Insurance Attorneys
  • AV Preeminent
  • Bar Register Preeminent Lawyers
  • Lawyer of the Year
  • IADC
  • MPL
  • Best Lawyers
  • FDCC
  • Peer Rated
  • Plus
  • New York State Academy of Trial Lawyers
  • Lawyer of the Year
  • TIDA
  • Best Lawyers | Best Law Firms | US News |2019

20 Corporate Woods Boulevard
Albany, NY 12211

Toll Free: 877-886-4029
Phone: 518-465-0400
Fax: 518-465-0015
Albany Law Office Map

507 Main Street
Bennington, VT 05201

Toll Free: 877-886-4029
Fax: 518-465-0015
Map & Directions