The Economics of Owning a Pet


Being a pet owner is a lot more than simply rubbing bellies and playing catch. There is a lot of time, money, and energy that goes into making sure you’re pet is doing their best and is living a happy, healthy life. There’s buying food and cleaning after them and buying them toys and treats and giving them enough attention every day and taking them on walks. There are dozens of everyday activities that are changed when you become responsible for a little creature.

From chew-toys to check-ups, there is no shortage of things to think about when you first get your pet. About 60% of households have some sort of pet, so the estimated $41 billion that pet owners spend a year on their furry companions is not surprising. We continuously throw money at our animals in order to make sure that they are being taken care of.

So, why do so many people have animals if they’re so costly? Well, with all of the challenges that come with having a pet, there are also some really great benefits. They love us unconditionally and are always there when we need some comfort. Pet owners supposedly live longer and overall are less stressed. So, the next time you’re paying for a pricey visit to the vet for a check-up, remember that your pet could be helping you in more ways than one.
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Comments

  1. AnonymousApril 26, 2019 at 2:51 AM

    I have a toy poodle at home named Miu Miu and I can contest to the claim that pets are pretty costly. On the surface, it doesn't seem like he does much. He sleeps, eats, and goes to the bathroom. However, my family buys him pet insurance, takes him to annual doctor appointments, and gets him annual dental cleanings. Although he is quite the work, he is a blessing! The amount of utility I get from just being in his presence is outweighed by all the costs. He brings me so much joy and support in my day to day life.

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