Human ownership of domestic animals dates back to ancient times, where animals were sought after for hunting and protection. Today, pets are a great source of comfort and joy, and since the isolation of the COVID-19 lockdown, many of us have adopted cats and dogs for companionship.
However, not everyone considers the expenses that come with this lovable addition to the family. Yes, there's pet food, toys, blankets and grooming (and this is all new and exciting), but there are other recurring costs involved that you need to plan for to give your pet the best life possible.
HAVE YOU DONE ENOUGH RESEARCH?
According to South Africa's 2023 pet ownership statistics, "Owners of a new pet can expect to spend an average of R30 000 to R60 000 in vet fees within the first year." unexpected accidents or injuries that require surgery can cost up to R25 000.
That's quite an expense for the average household (which has a disposable income of R50 000 or less per month). So, before you buy, adopt or rescue, consider your family's existing monthly expenses and whether there's room for one more family member.
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