Don't Let Pets Neuter Your Bank Account
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- Опубликовано: 28 апр 2024
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About this episode:
Pet ownership is the best, but it can also be “ruff” on your wallet (you’re welcome). Today, join me at the Nashville Humane Association to learn how to be prepared for the extra expenses that come with a fluffy BFF.
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The horse doesn’t even know your name
He will never live this down! 😂
Who cares.
Life hack: Marry the Veterinarian. Worked for me 24 years and counting!
I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
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It's true pets can be costly but they provide companionship when you need it most.
Video summary: Things cost money. The end.
My two cents: I've never bought a dog or cat. They just show up and I decide whether to keep them or not. I've never bought pet insurance. I follow a bi-weekly sinking fund of just $20 which will cover her annual vaccines, tag, registration and Bravecto. I don't take her to get teeth cleaned and she's fine. My last dog lived to 16 and never knew what a toothbrush was. I don't buy her clothes. She has a harness and a regular leash for walks. I buy her a new bed twice a year. I don't buy her super fancy food but I don't give her the super cheap kind either. Luckily she hardly ever gets sick but if she had an emergency, I have my ER fully funded.
Im a shelter volunteer. Alot of first time adoptees coming in have no idea that pets actually cost money. My questions for them are always: what are you doing for at least the next 10 years of your life? And do you have at least 1200 dollars a years for pet expenses.
I had no clue what I was doing when I got my first dog but we figured it out. We don't spend a lot of money because we spend time and energy instead. We do all the walking, training and grooming. We take them with us to an Airbnb instead of going abroad much. The biggest expense is the pet insurance. I buy as close to unlimited cover as I can get. We could soak the cost of a surgery but I'm more worried about a chronic illness because monthly medications can cost a lot of money over their lifetime.
@@Draggonny
George won't like me saying this. But there is a Credit card that I only use fir medical, dental and vet. It's called CareCredit. Any medical, dental,vet bill over 200.00 can be spread out over 6 months interest free. If the bill is very large, sometimes they will approve it for 1 year interest free. Ask your vet about.
Yeah, there isn’t a lot I wouldn’t do for my dog. She is everything to me.
They don't last forever.
@@miketheyunggod2534 neither do we
They gonna spoil that pet with $20k? I want that couple to adopt me!!!!
We just spent $3000 over 6 months because my dog has been having horrible skin infections. We finally determined it was incurable cancer. Treatment was another $5,000, and would only slightly extend his life, so I opted out. Emotionally I really wanted to do it, but I also wasn't confident that chemo would improve the quality of his end of life.
That makes sense ❤
Chemo for a dog just doesn’t make sense in a lot of cases. I’m sorry about your dog.
❤
Sorry for your loss 😢
I'm sorry about your dog. You did what I would have done. We all see what people go through with cancer treatments, and we definitely don't want to see our pets go through that. At least people make the choice to suffer through them. Dogs and cats don't. Even if I was a millionaire, I love my cat too much to put her through that if she were to end up with cancer.
The ending was the best part. 😂
Pets aren't children.
THANK YOU! Pets are never going to be children! Ain't no such thing as a human dog mom. 🙄
I saw the title and thought George was about to have another horse moment 😅
More titles like this and George will have a million subscribers 😂
Adopt from a shelter and the animal will already be spayed/neutered, vaccinated, and typically you get a voucher for a free checkup at a veterinarian of your choice. That eliminates a large percentage of your initial expenses right there.
I have a pet emergency fund specifically for my pet and separate emergency account for myself.
My fabulous little rescue dog that gives me so much love, I typically spend between $6000-$7000 a year. He has allergies which require him to have special food, monthly allergy shots and special treats. I do have pet insurance for potentially catastrophic cost. I also need to have a dog walker come in on a fairly regular basis since I have to be on overnight call. However, the joy and companionship he gives me is worth every penny!
I've learned from experience if someone asks if your dog is a rescue, just say yes. There's no winning by saying anything else.
Great video. I budget $1800 per dog per year for my 3 dogs ($450 per month), that is soup to nuts for everything from vet visits, meds, food, toys, grooming (although I do it at home), but I also do have one senior dog that is on prescription food. So I think the math is pretty spot on. I use a sinking fund since costs come sporadically.
When I was hanging out with my family over mother's Day I was telling them that pets are the new car payment for young adults. They were all laughing because they know it's true.
AMEN! Pets are NOT children. Owning a pet is NOT like having a child. 😂
Cute reactions from the boys when allowance cuts and extra chores came up, bet it was not part of the plan. 😂
A lot of the shelters here will have events "clear the shelter" . Already spayed/neutered, vaccinated. You can call your own price or there is a steep discount
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio
Thank you Angela Christine Derle for $60,000👍🏻. There are so many opportunities to make money here on RUclips but most people don’t know. Thank you for continuing updates I'm favoured, $60,000 every two weeks ! I can now give back to the locals in my community and also support God's work and the church. God bless America
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Angela Christine Derle
I have had my rescue dog for 13 years now since fostering him as a puppy back in 2011 and there is nothing I wouldn't for him and his health. Sure he is not a "kid" but he has brought more joy in my life than anyrhing else.
The pet hotel or overnight stay locations are starting to get pretty dang expensive
They know how stupid the clientele is.
Yes, We had a savings acc for our pet instead of insurance. When he had an infected finger on his paw and had to amputate the finger. His saving just paid it off. If i had insurance i mightve paid deductible.
Just spent $8900 for vet bills/meds the past 8 months on my aging cat who sadly succumbed to her illness. Emergency funds saved need to be at least $5k when owning a pet. Pet insurance overall is not really worth it when you do the math imho.
It depends on the claim. My old dog had something like £2,000,000 3rd party liability cover. She could burn down my entire street and I'd just pay the excess. At the time, my husband's business had less public liability cover than my dog.
George, the little kitten nod at the end DOES NOT ABSOLVE YOU OF YOUR APPARENT DISDAIN for FELINES and their owners! And my cat knows my name: it's "Staff". ;)
😂 London is so ready to be taken home.Cutie!
Super relevant since I'm about to pay for a leg amputation for my dog that I adopted at the beginning of the year. Thankfully, I'll be able to cover it!
I got 3 dogs. Each one cost well more than $3000 a year. The vet and food alone cost around $2000 a year. The one dude going to army has it down. Everyone else has got some financial trouble. I agree with skipping pet insurance. I could never find a one that made sense.
I love that cats and dogs are the only pets according to city people
To be fair, the place they were at only has cats and dogs so that would be on their mind
Pets? They are not pets to me they're family
@@lloydschaffer3430 so are my chickens and goats
I know someone who owns a Lamb it’s great so much less maintenance they stay outside in the shed
@@mhodge0890 they are easier day to day but costly as well
I have 1 cat. I spend $200 a month on cat food and litter, so $2400 per year. Vet bills without vet insurance, I pay about $1000 to $2000 a year. Flea prevention is about $20 per month or $240 per year. Cat toys, $50 to $100 per year. Treats = $300 per year. So plan on about over $5K per year for 1 cat! I used to have 4 cats! I'm a 1 cat person now because it is expensive. I still think pet insurance is a racket so the vets can charge more, so I'm not getting it at the moment. I self-insure by making sure I have enough savings. No credit cards! Paying for vet care on a credit card is a sure way to sink you financially.
My "free" cat got real expensive when she got a uti. Now she now has rx food & more costly litter. But she's worth it!!
Pets are a luxury
Not necessarily
George, you are the funniest RUclipsr!
Didn't watch the video yet, but looking at the title I suspect this might be another horsegate.
I'd say $1,500 is a good number. Remember, end of life issues. The hard truth is that most animals lives are much shorter than ours. They can be wonderful companions, but don't push their lives past reasonable expectations. Do not pay $20k, $30k, or more just to make you feel better about saving your pet. You are their guardian. Be smart.
Vet costs have gone up horrible in my country post pandemic. Some procedures are between 25-50% more. When we had our boxer we were spending over $5k a year on food and healthcare. Now, a couple years later, with our new rescued Rottie, I have put him on insurance. $1200 a year comprehensive to be sure that he is covered is peace of mind.
Care credit gives you six months to pay off bills. However, if it's not paid in full after six months is 27%.
Thank you for making this video. I have pet female chickens, and their superpower is to poop breakfast. BEST pet ever!!! Pet chickens are easy to care for; they lay eggs; their poop can be used as compost for your garden, and they will eat garden weeds, and leftovers like eggshells, etc. They are NOT freeloaders like dogs and cats.
I had a little rooster as my first pet. People keep suggesting I get a few chickens but I'm afraid they'll be too much work. Glad to get an informed opinion.
All I can think is "It doesn't even know your name" 🤣 😉 in seriousness though, it's important to know what we are getting in to when we get a new pet!
Pet insurance just saved me 4200 when my dog suddenly got hepatitis, it was so worth it and hassle free.
Worth every penny.
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I will not sell my dog or a horse George.
Kids are also incredibly expensive, so you should think twice before giving birth to one. You will go broke over it. Jokes aside, spending 20k a year on a dog is wild. I got a rescue puppy for 250 bucks, and she eats a raw diet that costs about 120 a month. Dog salons are a weird thought because my dog likes swimming, mud and chasing squirrels in the bush. She barely lets me brush her.
Pets can be very expensive veterinary costs but cheaper than children 👍
6k-8k yearly for 4 large dogs. 240$ a month on food alone
I spend around $2500 a year on my golden.
$1,500 on food, $600 on grooming, and the rest on flea + tick treatment, then a vet visit or two per year.
That’s best case scenario, though.
Dog = $2000 (vaccines, tag, registration)
Food ----
First 12 months = $1000 (raw food)
After 12 months = $1200 (kibble + raw) per year
Treats/Training/dog supplies = $1000 per year
Maintenance (Grooming, checkups) = $150 per year
healthcare/insurance = $330 per year
Yearly price = $2680 ($223 per month) per year
Total estimated price (14+) = $37,520
Exercise (Walk over 10000 steps a day) - Priceless
Companion - Priceless
Grooming your pets at home - Priceless
Forces me not to travel - Priceless
Meeting new people - Priceless
Being neighborhood watch - Priceless
I 100% agree, investing in good food saves money and time with a vet. 🐶
Being a dog owner all my adult life it is hard when your pet has medical issues.
So far me have not paid too much on medical expenses.
Here is how much I spend on pets: $0.00. Other words, I have no pets.
Every US President in recent history has been a guardian of an animal. Oh, wait, except the last one, what was his name, T***p? He was too busy making sure the middle class and poor kept their status.
Same! In fact, pet owners pay me to care for their pets. I enjoy dog sitting as a side job. 😊
Money well spent.
On an asset that goes down in value.
@@miketheyunggod2534wow 👎
My baby angel princess had an emergency vet visit a few months ago. She almost died. She is doing better but the ongoing treatment, plus food bill, has been hitting $180 a month. Total so far for my kitty is at $2500 on her autoimmune disease. She's 100% worth it but thank the good Lord I had the emergency fund to pay for it.
Our Labs name is Costly, and we've probably spent over 10k in vet bills in the 6 years we've had her. 😅
Matter a fact, she cost $335 today in vets bills from stomach issues. 😭
8:17 if that’s a French Bulldog, thrir medical bills are crazy because they have a lot of medical issues. Temperament aside, medical and breed specific issues are a big reason to do your research before getting a pet. This extends to mixed breeds as they too can have breed related medical issues.
It should be considered animal abuse to purposely breed animals to have severe medical issues just because it's "cute".
I don't think anyone really knows how much it costs and how much work is involved with owning a puppy. I was $1,000 CAD before I even got the dog. Then there's getting the puppy, getting all it's first sets of shots, food, grooming every couple months, flea and tick meds. It all adds up. Plus if you don't have pet insurance and he/she needs emergency services, have fun with that (I got lucky and it was only $3,500) but I've heard people spending $10,000 +.
I set a cap on what I will spend for a surgery or something like that. Makes the decision easier if needs to be made. And I’m the one who will take the animal to be humanely put down and I don’t leave them. I hold them and talk to them the whole time. Maybe watching old yeller as a kid has helped me make the right quick decisions. When my last recuse started having seizures and in pain I didn’t wait more than a week to stop his pain. He had a GREAT life with us for his last years. I also had a poodle for 17 years died naturally in my arms. Never sick or had to take meds. That one was hard.
We are already over $3k in vet bills this year and it's only April 🤦😭
I'm glad he addresses this - im allergic, so this is not an option. Secondly, my income is not enough to afford this - dont get why to buy a pet - a lot of them already available. Guess it's like churches - dont like, so create your own
We spend $600 a month on our 10 cats and 4 dogs per month, and that’s not including their yearly exams/shots/lab work/illnesses/etc. We don’t have kids, so they are our kids, plus we’ve done fostering also. They are totally worth it to us.
Tell us about the horse! 🗣️🔥🔥🔥🔥
good job George
Its ok pa, he's my dog, I'll do it.
Well that coears up that budget item.
I have a senior golden retriever that beat cancer last year and we are now managing chronic kidney failure and arthritis. The cancer treatment alone cost $12,000 at BluePearl. Managing kidney failure requires a special diet that's $300 every 45 days; and the Librela shot to manage her arthritis is about $90. I would submit that caring for a senior dog outweighs startup costs.
..........wow
Well, you will start off on the right foot if you adopt instead of shop. Adopting not only saves the animals life, but also is much cheaper. Plus, if you get one from the humane society or another animal shelter, they are usually already spayed or neutered and already have most of their shots. So, you save tons of money upfront getting them from a shelter or even a friend that has a cat that went out got pregnant. LOL That's how I got my cat. But they still can be costly when it comes to medical bills that come up as they get older. Start saving $20 a month when you get your pet, and by the time something comes up, you can cover it.
What does it cost to keep up a 3 legged horse?
I have spent over $100k in my 20 years of adulthood. The bigger the dog or pet the bigger the expenses all around. If they have allergies, that’s a monthly vet visit, monthly medications, special food that costs more. Toys, treats, daycare, training for bad behaviors. Over night or long term hotels for pets. Damage to the house and your things. If they bite the neighbor more expenses. Happened to my neighbors. I love animals I do but if I could do it over I would not have pets. That’s $100k lost that could have gone to retirement or investing. Medical bills due to ER visits. Both dogs almost died and had to have ER surgeries due to 1. Catching a common bacterial infection and 2. A benign tumor growing on the spleen causing interns bleeding. I love my pets but I am done with ownership after they pass.
Please, consider pet insurance to cover emergency injuries and long term illnesses. Get it early, before pre-existing conditions develop. One emergency could easily cost upwards of 10k. A dog with allergies or one that develops heart failure or cancer will easily cost that and more in a lifetime. Unless you have a pet fund of 10-20k saved, pet insurance is VERY worth it. For so many owners, it is the difference between saving their pet or having to make a difficult decision. I am a vet, and I have my own pets insured, and it definitely has been well worth it.
In the last year I've probably spent 1000 on both of my cats total, but that includes a 600 dollar auto cleaning litter robot
just dropped $3500 on my sweet boy. it was determined he had inoperable cancer and further treatment would diminish his qualify of life. lucky we had savings and did not have to go into debt for this and we can now grieve without worrying about finances.
A little more $7k a year: food, insurance and care club plan.
That's about right.
I will be lucky enough to afford a nursing home when i'm 80.
That's great, but what's the connection?
Are cats about the same price?
How much does that guy think he'll be making in the navy?!
Money doesn't just work out with kids either. If it did, people would have better savings and retirement funds. I disagree about front end costs being most expensive. My dog hit 8 years old and started having a few issues that require meds. We are now at 450 a month for her. I have a large flex in my budget so it's ok but I know a lot of people don't have that. I've always had a sinking fund for her since day one thank goodness
9:20 👌🏻💯
Sadly, $1500 / yr. for a pet doesn't always cut it. Our average cost over 13 years per pet - that total is more between $5K and 7.5K. Main reason? Pet insurance.. as now a visit to the vet for a long term treatment, or specialized tests, therapies, and other visits - are rapidly approaching what used to be "people" medical rates. A friend took in their fur baby for torn meniscus repair.. over $4K - out of pocket! We had to take our fur baby to a CAT scan of some type - our vet thought maybe there was damage to the back - that would've cost us close to $7K.. thank goodness for pet insurance!
All this to say.. people need to be prepared.. and if you can't set aside enough for at least 2 major pet visits per year.. you may have to go the pet insurance route like we did.. so.. another budget line item.. so much for just "winging it" whether you will be able to pay..
Last, our state passed a law that stated that the owner of a "neglected" animal.. could be fined and jailed for up to 3 years if convicted. And we know of someone that happened to - making pets an even more risk prone proposition. Having said that.. I still want to own more.. but my eyes are wide open now..
Paid 5K for knee surgery for my dog as well. So yes, a good emergency fund is need for pets too.
Hello! Budget? Why aren't those pets a budget item?
And no, we don't take the pets to the groomer. They go to the vet, generally once a year. We take care of the rest. Treats come out of the food budget, along with the food. One eats wet as the main food, including ground turkey. The other prefers dry, but has to eat a little wet.
We have an emergency fund for both cats. Male cats are easy to neuter, but they get UTIs more easily. And *that* is a problem for some breeds, as the urinary tract of certain breeds blocks urine escape. And it's not cheap to fix.
Don’t children cost more tho
Don't shop! Adopt!
Or, do whatever you want.
@@sarah345 I will always adopt The love they offer is beyond measure
@@lloydschaffer3430 that’s good. Do whatever you want. It wasn’t code for don’t adopt lol
@@lloydschaffer3430 Both of mine are rescues. They found me. My former vet once said "When the time is right, the right cat finds you." Don't know if that's always true, but true for me.
What about having a kid? Doesn't that pose all the same issues, but like x10?
Which is why Ramsey advice of go ahead and have kids! You'll find a way. That is really really bad advice
Pets aren’t children, they are different like in a gazillion ways.
No, pays for your social security and Medicare when you are old.
@sa34w IDK, have you ever seen those parents who wander around the mall with their kid on a leash? I guess they've pretty much given up, though.
The only person who makes comments like this only tells me that they don't take care of there perents. Your friends are your companionship. Pets are unesarry I also notice people call there pets babys.. simply because they don't live outside the house. They are not baby's. I have a Child and a expensive pet. But my kids always come 1st before any animal.
So 58% don’t have a problem with pet expenses. That’s not bad at all
Fishing for controversy with that thumbnail, George? lol
_"The vet said there was good news and bad news. The bad news is, that the cat only has a 20% chance of survival. The good news is, it's just a cat."_
- Norm Macdonald
I was taught that pets are for outside and we can feed them but if a pet gets sick you do your best but if needed you put that pet down
Don't get a pet. You don't leave them outside in extreme heat or cold.
@@Ididntwantayoutubehandl they’re animals they’ll figure it out or run away 😂
I am retired. I have a horse. I have a $6,000 monthly income. I spend $1,500 a month on the horse. I have a $20,000 sinking fund for unplanned expenses.
Ellie is the best investment I made in my retirement. She provides me with exercise, socialization with other horse owners, daily contact with the great outdoors, and something to look forward to every morning.
Especially in retirement, a pet you care for every day can provide motivation and love.
Sir, I caution you not to bring up hoss here. George will just ask you to sell the 🐴. He’s done that before so there is a track record
Hoarding pets is worse
This is so foreign to me. We used to have a dog, my mum rescued one of the crossed breed puppies someone brought to her work. We got it for free. He only went to a vet once, he was 14. Vet said he was losing sight but was in exeptionally good health. We would groom him at home and my mum always fed him the same super cheap food she cooked: cheapest meat, usually Ofall, carrots, buckwheat or whatever sort of groats we had on hand. If you have too much money share it with hungry people, don't spend it on dog's clothes that your dog hates anyway.
Cruel water 89
LOL $1500 is nothing. Compare that to an infant to a cat, minus vet bills.
If you have kids and pets, you are probably living outside your means, as most folk can't afford vets when they really need them so....
But also people raise families on less than $60k or $50k, so there is that. So, know what you are getting into is all, as they do sell pet insurance.
inb4 "you are horrible", no most people buy animals they can't afford. If you can't afford a kid you probably can't afford an animal. but hey, what do I know. People buy crap they can't afford all the time. why is this different?
I spent thousands of dollars to bring my parrot with me to Sweden when I moved from the States. She's been with me for 14 years and I couldn't imagine life without her. She's not just a pet, she's family. So worth every penny.
SELL THE HORSE!
He doesn’t even know your name!
Indeed
Honestly I think having a pet is more expensive than a kid
I thought George was all about not buying assets that go down in value.
I’m much richer because I don’t have a dog or cat. People talk about companionship, but I love my friends and family and am free to spend time with them without having to run home to take care of a pet.
We need to tax pet owners since there are now more pets than people wanting to become furever pawrents.
ive always felt pets are a waste of money unless its needed for a means of survival, like a service pet
Obviously have never had the right pet. I think as I get older ( old fart territory now), I like dogs more than people. And, yes, I have disabled children and service dogs have saved their lives. I am beyond grateful for pets, beyond, beyond. There better be pets in heaven!!!
Side note- after a relative died, I swear that dog kept the spouse alive for years. The spouse died within months of that beloved dog passing.
@CAGChannel1 obviously they might just not be an animal person. That's fine
Pets are just the stupidest thing. In addition to the money you spend on them, they devalue your house and car. Dogs are loud and create conflicts amongst neighbors with their excessive barking. When they're out of town people pawn them off on friends/family. I've had countless fun nights cut short because somebody had to leave early to feed their cat/dog. I've had relationships tank because of allergies. Waking up in the middle of the night or having to cut out of work during the day to care to them. Just a nuisance.