I was recently told by a person who adopted a rescue animal from their local animal shelter as a means to cope with the recent loss of their daughter. The story does not end well emotionally and financially due to what they were told the cost of veterinary care.
Everything was going great, until after they came home from the March of Dimes.
The couple opened the door to the room they kept their dogs in after hearing growling as soon as they arrived home.
Their small Dachshund had been attacked because the new dog introduced to the pack was trying to assert itself.
Folks who have had pets know that Veterinary bills are some of the most expensive and unexpected medical costs in our financial lives.
According to Washington Post, veterinary care in the United States jumped from $8 Billion in 2000, almost doubling to $14 billion in 2013.
This young loving couple was told that costs could estimate $4000 for surgery and wound care for their dog, and the vet hospital needed it up front. This was AFTER they spent $600 dollars out of their bill money for the appointment.
They were unable to provide any further care for their dog and had to put their dog to rest, devastating the owners.
Why should you let the cost of veterinary bills devastate a financially stable home, while veterinarian’s pay has increased by an average of $90,000 per year? Unfortunately, this is a fact of life. We often do not factor in worse case scenarios and/or unforeseen expenses.
You have many options, such as pet insurance, and deferred credit cards such as CareCredit, but, the best game plan, is good financial stability in order to have money set aside for emergencies just like this one.
Here at Berkshire Hills Financial, Tom Sirois can help you set aside money in increments that won’t affect you or your families expenditures, and avoid tragedy when it strikes next.