NO!
Just kidding, pets rock. They’re wonderful and often hilarious little additions to our lives, but they’re not free. Owning a pet is a serious financial undertaking and shouldn’t be entered into lightly. While I’m obviously in favor, I’m a cautious and contingent proponent.
Any pet is going to impact your monthly savings rate and should be considered a budget line item. It’s a hard truth, but, you’re going to save less money with a pet in your home. If you’re determined to move forward with pet ownership, be aware that not all pets are created equal when it comes to expenses.
I’ll speak mostly on dogs, since we only have Frugal Hound in our household, but many of these expenses and considerations hold true for other domestic critters. Check out Frugal Hound’s expense sheet here.
Do your research and identify a type of pet or dog breed that fits with your lifestyle.
Continue reading I’m Frugal, Should I Get A Pet? at Frugalwoods.