According to petfinder.com the first year expenses for adopting a dog in the US range between $766-$10,350. The cost each following year ranges from $526-$9,352!!!
Petfinder estimates the first year adoptive cat expenses between $370-$5,070. And each year after between $295 and $4,570.
ASPCA has a nice breakdown of the minimum you should expect to pay (both annual costs and first year costs) for various pets. Not surprisingly, large dogs come out on top and fish come in cheapest. Regardless of which route you go, pet ownership is a serious consideration for your life AND your budget.
While I personally find pets to be a waste of money (call me heartless) , I understand and appreciate that not everyone feels that way. So I’ve found a way that the costs of pet ownership can be mitigated, even eliminated, so that those on a budget can still enjoy the company of a furry friend.
Fostering a pet means taking a homeless dog or cat into your home and caring for it for a designated period of time or until it is adopted (generally between a week and a month). The costs of all veterinary care, food, and other supplies the pet may need are covered by the adoption organization.
Fostering is the perfect solution for those who want a pet without the financial burden. To sign up to foster an animal, find a rescue group or shelter near you.
A simple google search of “Pet Fostering NYC” (or whatever you location) brings up a whole list of agencies, including…
So if expense has been holding you back from getting a pet, here’s your chance. Foster an animal and not only will you enjoy yourself, but you’ll be providing a much needed service.
Have you ever fostered or considered fostering an animal?
Want to Make More ... On Your OWN Time?
The Scale Your Income Starter Guide is a free seven page workbook to help you identify your unique skills, knowledge and experiences and turn them into an income stream that supports a life and career - on YOUR terms!
This post may contain affiliate links. Please see my full disclosure policy for details.