Pet Ownership Costs Are Rising. Here’s How to Budget for Them Now and in the Future

Adopting a pet can enrich your life in countless ways, but it’s important to budget properly for costs now and in the future. Most people researching and budgeting for a new pet typically view food and vet costs as the two main expenses. When it comes to finding a veterinarian, comparing prices and shopping around is smart, said Shannon Terrell, NerdWallet Canada’s spokesperson. “There is no shame in being upfront with a potential vet and asking about their fee structures,” she said. “You’re going to want to inquire about the fees for general exams, the things that we anticipate. And then any supplements or medications that you expect you’re going to need to pay for on a regular basis—like that flea, tick, heartworm medication for dogs.”...