Although we could never put a price on the love and companionship we get from our dogs, the ASPCA wants you to know how much it actually costs to care for a dog. Of course, it also takes time and love to raise a dog, but it’s important to consider your budgetary abilities if you are thinking about adding a dog to your pack. Continue reading How Much Does Your Dog Cost?
A recent post on MainStreet.com says pet spending will likely decline this year due to the economic crunch most of us are feeling. While the American Pet Products Manufacturers Association had originally forecast we’d spend $43.4 billion on our pets this year, that number may prove optimistic as the year winds down.
As the price of everything from gasoline to groceries continues to skyrocket, many consumers have had to cut back on their spending. However, a recent poll conducted by Petfinder.com shows that most of us will cut back on our personal spending before we cut back on what we spend on our pets.
The American Pet Products Manufacturing Association estimates that people in the United States will spend $43.4 million on their animals this year, as compared to a paltry $41.2 million in 2007. What is it that we’re spending so much of our disposable income on? Laura Bennett, CEO of Embrace Pet Insurance has this to say about pet trends in 2008.