dogs

5 Money Moves to Make Before Adopting a Dog

Kat Tretina — Wed, 23 May 2018 08:00:28 +0000

There's nothing better than coming home to a wiggling dog. Their soft fur, wet noses, and boundless enthusiasm can brighten even the dreariest of days.

However, bringing home a furry friend can be expensive. The ASPCA estimates that owning a small dog costs over $1,400 in just the first year, while large dog owners are looking at a figure above $2,000. And those amounts only cover the basics. Extras like emergency vet bills or specialized training can cause your costs to skyrocket.

Because of the serious expense of owning a dog, it's important to not bring a pet home impulsively. Preparing for a new pet means you need to spend some time getting ready for his arrival. And that includes some important first steps. (See also: 5 Pet Costs You Don't See Coming)

1. Build an emergency fund

Unfortunately, dogs can be prone to accidents and illnesses. If they gobble a sock — which is oddly common — or eat something they shouldn't, you could end up with a four-figure vet bill. In fact, PetPlan, a pet insurance company, reported in 2017 that unexpected veterinary care typically costs between $750 and $1,600, though higher bills are also common.

If you're not prepared for an unexpected vet bill this high, you might be faced with a tough decision if something bad happens. To prevent that from occurring, start building an emergency fund for your pet's care before you even bring them home. That way, if there is an accident, you'll be able to handle it. (See also: How to Prep Your Finances for an Emergency Vet Visit)

2. Create a budget for the necessities

When you think about what it costs to own a dog, you probably think of basics like food and flea and tick prevention. But there are many other expenses to keep in mind, including:

Spaying or neutering: Spaying or neutering prevents overpopulation and can even help with your dog's behavior.
Dog crate or bed: When your dog is new to your home, a designated crate or bed can help soothe him and be useful during housebreaking.
Leash and collar: You'll need a strong leash and collar to walk your dog safely.
County dog license and tags: Some areas require you to get a license for your dog. Usually, the dog has to wear the license at all times.
Food and water bowls: Designated bowls make it easier to keep your home clean.
Routine shots and exams: At a minimum, your dog will need rabies, parvovirus, and distemper vaccines.
Grooming: Grooming is more important than just making your dog pretty. It also keeps their skin in good condition, and can help you catch illnesses and problems before they get worse.
Treats and toys: Treats and toys are essential to teach your dog and to help him burn off energy.
Training: If you're not an experienced dog owner, dog training can be invaluable. Ensuring your dog will obey you and develop good manners is an important part of pet ownership.

Some of these items can cost a lot more than you expect, especially if you plan to get a larger dog. For example, spaying or neutering your dog could cost as much as $600. By knowing how much money you'll need ahead of time, you can better manage your paycheck and budget accordingly. (See also: 6 Pet Expenses You Should Never Skip)

3. Buy secondhand where possible

When making your budget, you'll likely look at the prices for new items. However, you can save a lot of money by shopping for secondhand stuff. Especially if you're getting a young dog who will outgrow things quickly, buying used items or asking friends and family for their old things can help you save big.

For example, a new hard-sided crate can cost over $100 at big-name pet stores. But if you shop on Craigslist or find someone who is getting rid of one, you could spend as little as $10, and they're often as good as new. Just be sure to wash and disinfect any secondhand items thoroughly, and make sure there are no cracks or damage.

4. Research pet insurance

Pet insurance can be a smart investment. If your dog has a serious injury or illness, it can be a literal lifesaver. It's a good idea to shop around while your dog is still young since puppies and young dogs typically qualify for lower premiums than older ones. Premiums can vary, but most pet owners can expect to pay between $30 and $50 per month. If you're not sure where to start, check out the Canine Journal for reviews of the top pet insurers. (See also: 7 Things You Need to Know About Pet Insurance)

5. Identify discount pet supply stores

When it comes to dog food, treats, and toys, you might think your only option is the local pet store. However, you can often get better deals at farm supply stores or online discount retailers. Sites like Chewy even often discounts if you sign up for automatic shipments, helping you save on food and other supplies. Plus, you get the added benefit of not having to lug heavy bags of dog food home from the store. (See also: 5 Unexpected Dog Costs You Should Prepare for Now)

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This article is from Kat Tretina of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

5 Home Renovations That Will Attract Pet Owners

Ashley Eneriz — Fri, 30 Mar 2018 09:00:06 +0000

Thinking about upgrading your home to add more value? Before you hire a contractor, take some design inspiration from pet owners. According to the American Pet Products Association, 68 percent of U.S. households, or about 85 million families, own a pet.

Not only do a lot of Americans own pets, but they also spend a lot of money on their fur babies: The APPA reported in 2017 that annual pet expenditures reached an estimated $69.36 billion. It's clear that pet owners are willing to spend on their animal companions.

You can make this work to your favor if you're planning to renovate and sell your home. While some of the suggestions below only make sense if you're a pet owner yourself, others have universal appeal. (See also: 6 Money Lessons You Can Learn From Your Pets)

1. Update the floors

If you have ever owned a cat or dog, you know how detrimental they can be to carpet and hardwood floors. Consider updating your floors to something stylish, easy to clean, and hard to destroy, like tile or tile made to look like wood.

For a more affordable option, skip laminate flooring and go with vinyl or linoleum. Both of these options are durable and easy to clean, even with a new puppy (or young children) around.

2. Replace or upgrade rickety fences

A low or rickety fence is a huge turnoff to pet owners looking for a home. Pet parents need a secure barrier to keep their dogs in and wild animals out. Stone walls are nice because they add a privacy element to the home and cannot be destroyed by busy chewers. Avoid railing for the wall or gate, since many animals can squeeze between the rails.

Consider adding a fence around a pool area, too. Not only will this addition be welcomed by pet owners, but many families with young children will find this more appealing.

3. Install doggy doors

Installing a permanent dog door can be a huge bonus to pet owners who prefer letting their fur babies let themselves outside. When installing a doggy door, make sure to pick the right location. For example, you don't want to install it in an area that pools water when it rains.

Furthermore, when installing a doggy door, don't go cheap. Spend more money for a sturdy structure with dual flaps, weather resistant sealing, and a lock. You don't want your dog door to decrease your energy efficiency or cause weather-related damage. You also don't want it to be a security issue.

4. Grooming stations

Adding a small grooming station to a laundry room or back patio can be beneficial for pet owners who don't want to bathe their animals in the bathtub. Houzz says that hiring a contractor to install a grooming station is similar to having a small shower installed and can cost anywhere from $1,000 for a free-standing tub to $3,500 or more for something fancier.

Even pet-free homebuyers might enjoy this added grooming station since it is an easy place to hose off shoes and even children after a messy playtime.

5. Potty areas

Potential homebuyers that are also pet owners might look at an unfinished backyard and think about how burdensome it will be to clean up after their pooches. Landscaping the backyard to include grass, or at least adding an area of synthetic grass made for dogs, can add a practical benefit for pet owners.

Think about a dog's bathroom needs on every level of the home. Equipping a second-floor deck or balcony with a doggy door and easy-to-clean potty area will be seen as a benefit for pet owners who want to sleep in.

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This article is from Ashley Eneriz of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

How to Prep Your Finances for an Emergency Vet Visit

Mikey Rox — Fri, 23 Mar 2018 10:00:05 +0000

When an accident sends your pet to the hospital, will you be prepared to handle the situation financially? Emergency vet bills can quickly make a huge dent in your savings, and that could leave you in a tough spot during an already stressful situation. Can your pet receive the care he or she needs, or will you have to euthanize the animal because you can't afford the treatment? If you plan ahead, you can avoid the latter. Here's how.

Get pet insurance while your pet is healthy

When my dog, Jaxon, was about a year and a half old, he was admitted to the vet with a respiratory infection that filled his lungs with fluid, which required several nights in the hospital. The bill for the treatment was nearly $8,000, a fee that my husband and I couldn't afford as a young couple in New York City. Unfortunately, we also were unaware that we weren't allowed to leave the hospital without paying the bill in full, and emergency pet care facilities sometimes do not accept payment plans.

Thankfully, we had insurance to cover it. We paid the full amount to the hospital on our credit cards and then had to wait to be reimbursed by the insurance company (a caveat to consider) after we submitted the claim. But it was a small price to pay to save Jaxon's life. If it weren't for the insurance, we would have had no choice but to put him down at that point. In hindsight, it was a valuable lesson to learn about emergency vet bills and pet insurance, and the life-or-death difference it can make. (See also: 7 Things You Need to Know About Pet Insurance)

Have copies of your pet's medical records handy

If you have to visit the pet emergency room in the middle of the night, chances are the attending doctors will not be able to access your pet's medical file, because your primary vet will be closed. So it's a good idea to keep a copy of them at your home so you can grab and go when needed.

"If your pet has an ongoing medical condition, it would be best to bring any recent medical records, [and] X-rays with you," says Dr. Gary Richter, veterinary health expert with Rover.com. "Similarly, if the reason for the visit is because the pet got into something that could be toxic, bringing the exact product or a picture of a label is very helpful. The more information you can provide to the team at the emergency clinic, the easier things are going to be."

Bring some form of payment with you

Even if you haven't figured out exactly how you're going to pay the bill, you will need to show some form of payment (especially if you don't have insurance) if you'd like your pet to receive care. Don't leave home without it.

Most facilities have an initial exam fee, after which they'll provide an estimate for recommended testing and treatment. Costs can range from under $100 to thousands if the pet is in critical condition. You'll then have some time, but perhaps not much time if the situation is critical, to make your decision on what you can afford and how to proceed with the care. (See also: 8 Ways to Lower Your Vet Bills)

Put aside money for your pet's emergency

You stash away cash for your own emergencies, so it makes sense to save a little extra for your pet's needs since they are such an important part of your life. At the very least, you should have enough to cover your pet insurance deductible, but more will likely be necessary if you don't have pet insurance.

"If you forgo insurance, you should have at least $2,500 set aside for your pet," advises Jme Thomas, executive director of Motley Zoo Animal Rescue in Redmond, Washington. This is, sadly, really hard for a lot of people to do, but instantly when your dog gets hit by a car, that's pretty much what you're looking at to start — not even for the ongoing care and treatment. We feel that's a slightly conservative estimate [for the actual care], but a relatively typical amount for an emergency fund."

There are credit options specifically for these emergencies

If you're in the hospital with your pet and you're trying to figure out how to pay for the bill, CareCredit could be an option for you. You can apply for this medical assistance credit line in advance, possibly at your veterinarian's office, or online, just so you have it on hand when the emergency arises. You can also do it at the emergency vet's office at the time, if needed.

Your qualification for this card is based on your credit situation, like any other card would be, so you can't have a terrible score, Thomas says. But it's not as harshly critical of your score as, say, a mortgage lender would be.

"This is what saves a lot of people's pets in the end," she adds.

Don't let emotion control the situation

You want to save your pet, there's no doubt about that. But one practical question you need to ask yourself when your pet has an emergency is if going into debt for the treatment is worth it. That may seem harsh, but you need to keep a roof over your own head if you want to be able to afford caring for another living creature.

Adds Dr. Richter, "When people are faced with these kinds of choices, they need to weigh the costs with the pet's prognosis and how spending the money will impact their lives. An excellent long-term prognosis — broken leg, for example — may warrant spending the money, whereas end-stage terminal cancer is a more difficult decision."

In the end, it's your decision, but you shouldn't compromise your ability to provide for yourself. It defeats the whole purpose. (See also: 6 Money Lessons You Can Learn From Your Pets)

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This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

7 Things You Need to Know About Pet Insurance

Mikey Rox — Fri, 15 Sep 2017 08:30:11 +0000

Do you need pet insurance? That depends. It can mean life or death for your pet if they experience a major medical issue — especially an expensive one that requires hospitalization or emergency surgery — but it can seem like an unnecessary monthly expense if you're paying into the plan and not using it. To make a decision whether pet insurance is right for you, here are a few things you should know. (See also: Is Pet Health Insurance Worth It?)

1. There are three types of pet health coverage

Most pet insurance companies break down coverage into three categories. The lowest tier is an accident-only plan, which only covers accidents and emergencies, like if your dog gets hurt by another dog at the park. This coverage does not include any hereditary issues or serious health conditions. Conversely, there's a wellness plan, which doesn't include anything that the accident-only plan includes, but rather focuses on wellness and routine care, like annual exams, dental cleanings, and routine medications, like heartworm and flea-and-tick prevention.

Two plans that don't overlap anywhere kind of force pet parents into the all-encompassing third option, and that's where the more expensive, major medical plans come in.

More than 90 percent of all pet insurance plans purchased are in this category, according to PetInsuranceQuotes.com, which helps users compare coverage and prices among leading providers. It's likely major medical plans are so popular because they cover everything except wellness and routine care. Accidents, illnesses, cancer, orthopedic issues, hereditary conditions, and prescription meds are under the veil of these plans, the price of which is mostly determined by the breed of pet you have.

2. Pet insurance can help you avoid major debt

For many pet parents, putting an animal down when an expensive health issue strikes just isn't an option. They'll use any means possible to come up with the money to keep their pet alive. Using money from your emergency fund if it's readily available is one thing, but putting the bill on a credit card when money is already tight just isn't smart.

Pet insurance, however, can eliminate that issue altogether. You'll pay a small amount each month so you don't have to experience even greater stress about your finances when your pet is in the hospital. The premium is probably worth the peace of mind. (See also: 5 Pet Costs You Don't See Coming)

3. Having coverage could mean saving your pet's life

When I first moved to Manhattan, barely able to pay my bills, my husband wanted a dog. I was dead-set against it, but his continued pleas caused me to cave, and before I knew it, we had a rambunctious puppy.

Fast forward to a year-and-a-half later, still struggling to make ends meet, and our dog Jaxon is rushed to the hospital with a respiratory infection that cost about $8,000. There was a brief period of time when we weren't sure if our pet insurance would cover the cost of treatment — or how much we would have to spend out-of-pocket — and we had to make a tough decision. It was a quick decision. We could afford up to $3,000 in out-of-pocket expenses and nothing more; otherwise we would have to say our goodbyes. Thankfully we didn't have to, because the little bugger is still my best bud. Pet insurance saved Jaxon's life that day, and it could very well save your pet's life, too. (See also: 6 Pet Expenses You Should Never Skip)

4. Age plays an important part in the coverage you'll get

It's important to enroll your pet while they're young and healthy enough to get the best coverage at the lowest price. No pet insurance provider will cover pre-existing conditions, which makes getting coverage as the pet ages tougher and more expensive, if possible at all.

"If your pet is a senior and/or has pre-existing conditions, you may want to consider the accident-only plan," says Chris Middleton, president of Pets Best, a leading pet insurance provider. "Or get the accident-only plan and add routine care to it."

I decided to end major medical coverage on Jaxon because he doesn't go anywhere that he'll get hurt and he hasn't had any major medical issues for years; that level of insurance was becoming an expense that wasn't worth it. He's also getting up there in age, and at some point I have to let nature take its course. For now, he's happy, healthy, and we're enjoying life together.

5. Your pet's breed will influence coverage and cost

Some pet breeds are more prone to hereditary conditions and medical issues than others, which will affect the price you'll pay for pet insurance right off the bat. For example, you can expect to pay an average of $45 a month for a Labrador retriever versus $53 a month for an English bulldog, according to PetInsuranceQuotes.com. Both of these breeds come with their own set of hereditary issues that can be expensive to treat, which affect prices. If you know you want pet insurance but haven't found the perfect pet yet, it's worth researching insurance premiums based on breed; it may inform your decision on what breeds to focus on and which to avoid. (See also: 8 Ways to Lower Your Vet Bills)

6. Find the coverage that works best for your pet and your wallet

To get the most for your pet insurance price, look for a provider that covers the largest portion of your veterinary bill, coverage for congenital and hereditary conditions, and has no limits to the amount they will pay out.

"Choose a deductible that fits your budget and how they are applied," adds pet insurance provider Trupanion. "Deductibles can help you control your premiums while making sure you see coverage before you hit your budget limit."

7. Pet insurance usually works on a reimbursement model

Pet insurance is a reimbursement model, meaning the pet owner pays their bill at the veterinarian (and often you must pay it in full before your pet is allowed to leave the facility), then submit the proof of payment to the provider for reimbursement. You should research the company's options for submitting claims before choosing a provider, advises Middleton.

"Since pet insurance is a reimbursement model, getting your money back quickly is one of the most important features," Middleton says. "It's also important to look at how they will reimburse you. Some companies will only cut a check to pay your claim; so you have to factor in the time to cut the check, get it mailed to you, then deposit it."

Direct-deposit reimbursement also is available at some providers.

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This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

6 Pet Expenses You Should Never Skip

Mikey Rox — Wed, 06 Sep 2017 08:30:10 +0000

For some of us, our pets are the only children we're going to have (sorry, mom) — and like any good parent, we want to take care of our babies as best we can. But in the world of pet care, how do we know what's worth it and what isn't — especially when we examine the price tags associated with such expenses? You and your favorite cuddle buddy can live without a lot of what's out there, but here are the pet care costs you should never skip. (See also: 8 Ways to Lower Your Vet Bills)

1. Vaccinations

Vaccines do an incredible amount of good versus whatever rogue side effects have been suggested, largely by the nonscientific community. This goes for your pets, too.

There's been some controversy on whether cats actually need annual shots, and the general consensus — among some, but not all vets — is that if your cat is strictly indoors and doesn't come into contact with other cats that may have feline leukemia, you can probably skip a year or two on vaccinations.

Pet-care author, Kelly Meister-Yetter, affectionately known as the Critter Lady, says she has four indoor-only cats and she doesn't have them vaccinated every year. If your cat is to be boarded, however, virtually every establishment will require updated shots.

Dogs, however, are a different story. "You should never skip dog vaccinations, especially the rabies update shot every year," Meister-Yetter says. And some rabies vaccinations are good for three years. "Dogs can get into all manner of mischief, and it's always best to keep them safe."

2. Consistent veterinary care from infancy

A pet parent should never skimp on vet care, which should include a yearly physical exam. Not only does the examination allow your veterinarian to assess the overall health of your pet, it also creates a health care team for you, the pet parent.

"When the pet is sick or injured, they will be worked in right away with someone who knows the pet and has its medical history, known medications and allergies, everything," according to Kathryn Primm, resident veterinarian at pet wellness site IHeartDogs.com.

Vet care shouldn't be used as an emergency resource, but rather an established method of preventive care, from the moment you adopt or decide to bring a pet into your family.

House Call Vet NYC Dr. Jeff Levy, whose practice specializes in holistic pet care, says regular checkups combined with a reasonable vaccination protocol can prevent unforeseen and costly medical problems throughout your pet's life. This preventive care can save you a substantial amount of money by addressing potential problems before they reach a stage that you may not be able to afford.

3. Pet insurance

Pet insurance, though it may seem costly over the span of your pet's life, will spare you money and heartbreak in emergency situations that can cost thousands.

My own dog had a respiratory issue very early on, the surgery for which crept upwards of $10,000. It's horrible to say, but if I didn't have pet insurance for him, we wouldn't have spent the past seven years post-procedure enjoying each other's company. Pet insurance saved his life.

Jamie Thomas, executive director of Motley Zoo Animal Rescue in Washington State, says she experiences the consequences of uninsured pets on a regular basis.

"We routinely see animals surrendered for something as simple as a broken leg — [which costs a pet parent] about $1,500 to $2,000 [to mend]," she says. "This is really avoidable and it breaks our hearts. All it takes is one accident where your cat gets out the door and hit by a car, or your dog gets injured by another, and you might be facing euthanization rather than care and treatment, simply due to expenses."

Outside of pet insurance, it's also a good idea to have a small emergency fund set up for your pet, just in case. And as your pet ages, certainly you can reconsider your insurance coverage. You may decide that your pet doesn't need a high level of coverage or coverage at all as it enters its final stages of life, but that's a personal decision you'll have to make.

4. Good food and nutrition

Be mindful of your pet's diet, and don't skimp on their food. This doesn't mean following the latest fads or advertising. Consider your veterinarian's professional opinion and conduct your own research using authoritative sources.

"You cannot underestimate the value of good food and what this can do for your animal's long-term health and well-being," explains Thomas. "The ingredients and fillers in cheap pet food can actually cost you more in vet bills, trying to figure out why your pet's coat is really dry, coarse, or why your pet is super itchy or has skin issues. Ingredients like chicken and grains are the biggest culprits causing pet allergies, including skin and ear infections." (See also: 20 Most Useful Pet Food Websites)

5. Exercise and socialization

I'm a pretty lucky pet parent because there are plenty of dog parks, beaches, and even dog-friendly happy hours where I live that my best fur-buddy and I can go to socialize and get regular exercise, and it's all free (except for the beers, of course). This is probably the case for you as well (a quick search will find all the dog-friendly places in your vicinity), and it's important to utilize these community assets so your pet can make friends and play.

"While cats are often solitary animals, dogs thrive on social interaction; invest your time, effort, and resources into enriching your pet's daily life," Dr. Levy advises. "Both species need exercise to keep their bodies healthy. For cats, invest in toys and dedicate time to daily play. Dogs should not stay home alone while you are at work, so pony up for a walker or daycare."

6. Dog training, if needed

A lot of pet parents manage to raise friendly, gentle, loving dogs without the assistance of trainers. The problem is, you never really know how your pet will turn out as an adult based on your specific combination of nature and nurture, which makes it a good idea to invest in formal training.

Thomas says, "Many people rely on the breed of dog — 'good family dogs' — and think they don't need training, or think that hanging out with the family is actually socializing their dog. But investing in a better understanding of what training entails and how to communicate effectively with your dog, as well as how to truly socialize your dog, will be a priceless experience and can truly be the difference between keeping your dog or not. If people invested as much time and attention into these factors as they do researching a dog breed that will be perfect for them, they'd be more successful — and find many more dogs that would actually work for them."

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This article is from Mikey Rox of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

8 Ways to Lower Your Vet Bills

Andrea Cannon — Mon, 08 May 2017 08:00:10 +0000

Taking your dog or cat to the vet can cause a big hit to your bank account, and if your pet has a medical emergency, you can easily expect to spend more than $500. This can take a toll on any family's finances, which is why we've found some easy ways to save money at the vet, without compromising your pet's health.

1. Take advantage of preventive care

If your vet suggests preventive care services, such as heartworm prevention medication for example, consider how much you'll save with this affordable service, as opposed to what you would spend treating heartworm disease.

Maintain a healthy lifestyle with regular exercise, grooming, proper food portions, teeth brushing, and overall care. Severe dental issues can cost more than $1,000 to treat, so it's a preventive measure that shouldn't be skipped.

2. Prevent parasites

Get your animal on a flea and tick prevention program to keep fleas, ticks, lice, and worms at bay. These typically come in the form of a monthly pill, and many of these provide protection against several parasites at once. Along with saving you money on future treatments, this will also keep your pet healthy, happy, and comfortable.

3. Take advantage of free exams

Some veterinary offices or hospitals offer discounts or even free exams, to encourage owners to bring their pets in to treat for issues before they become hard to treat. Make inquiries with your local veterinary offices to see what they offer.

4. Compare prices

Compare service and prescription prices in your area before committing to one veterinary practice. Use online rating sites like Yelp to find a highly-reviewed vet that won't break the bank. Inquire about whether the office offers new pet or wellness care packages that can bundle exams and vaccines at a discount. (See also: 5 Unexpected Dog Costs You Should Prepare for Now)

5. Keep your pet's weight in check

According to The Association for Pet Obesity Prevention, about 59 percent of cats and 54 percent of dogs in the U.S. are overweight or obese. Excess weight can lead to a host of health problems for animals. Keep your pet fit and active for a healthier lifestyle and fewer vet visits. Also, be aware of the ingredients in your pet's food. If you're trying to cut out processed food from your own diet, you should do the same for them. Look for food that promotes overall health for your pet's breed and dietary needs, and do not overfeed them.

And just because they adorably dance for treats doesn't mean you should keep handing them out!

6. Ask about financing

Many veterinary offices will offer financing, payment plans, or even discounts if you are upfront with them about any financial hardships you're facing. They might also work with a credit lender (like CareCredit), which allows you to pay the fees over the course of several months with no interest, upon credit approval. You can also look into private veterinary discount plans like PetAssure.

7. Get pet insurance immediately

Pet health insurance can save you a huge amount of money if your pet has costly medical expenses in the future. Keep in mind that pre-existing conditions and inherited disorders will not be covered, so it's important to get pet insurance as early as possible. Many policies will also limit coverage to one treatment per illness, so do your research to determine if it's right for you. (See also: Is Pet Health Insurance Worth It?)

8. Request an estimate before services are rendered

A written estimate will let you know how much you can expect to spend. Don't feel shy about saying "no" to a service or asking for a detailed explanation of the recommended services. If you think that a service is unnecessary or too expensive, visit another vet with your estimate in hand.

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This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

11 Unexpected Things Covered by Homeowners Insurance

Tim Lemke — Wed, 08 Feb 2017 14:15:06 +0000

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Homeowners insurance is absolutely essential if you want to protect your house and assets. If you take a look at a typical insurance policy (commonly known as an HO-3), you’ll find it protects homeowners from a wide range of mishaps, from fires to vandalism, lightning strikes and tree falls. But do you know the full scope of what your homeowners policy covers?

Here’s a look at some of the surprising things that you may find are covered by homeowners insurance.

1. Patios, Gazebos, and Sheds

You may think that you’re only buying insurance for your home. But in reality, the homeowners policy usually covers your entire property, including all structures such as storage sheds, gazebos, and that luxury doghouse you just had built for Fido. Be sure to let the insurance company know ahead of time, however, that you have these structures on your property. This will ensure you have documentation for coverage.

2. Tombstones

Believe it or not, grave markers at a cemetery are considered “personal property” and are therefore covered under most homeowners policies. Thus, most people are covered up to $5,000 worth of damage. It’s important to note, however, that some gravestone damage is caused by the cemetery’s own landscaping equipment, and would therefore be covered by the cemetery’s perpetual care fund. So be sure to check the source of damage before making an insurance claim.

3. Riots

A typical HO-3 will cover your home and personal property in the event that they are damaged during civil unrest. (Some policies refer to it as “civil commotion.”) Vandalism, fire, and explosions are usually covered. If a State of Emergency is declared in your area due to rioting that could help your case when filing a claim. If not, it’s a good idea to get a police report to document the event and damage.

4. Volcanoes (But Not Earthquakes)

Most of us outside Hawaii don’t have to worry about this, but if your home is in the path of an erupting volcano, rest assured you’ll be covered. It’s worth noting, however, that earthquake damage (sometimes referred to as “ground movement”) is not covered under most standard policies.

5. Flooding (In Some Specific Cases)

A typical homeowners policy does not cover flood damage. You’ll need separate insurance to cover damage caused by persistent rainfall, an overflowing creek bed, or flooding of a similar nature. But, some policies will cover water damage caused by things like a faulty sump pump, busted water heater or broken pipe. And you may find that water problems may be covered if the water is the indirect result of other kinds of damage (for example, a roof blowing off during a storm). Be sure to check your policy carefully to see what’s covered when it comes to water.

6. Your Kids’ Stuff at College

If you send your child off to school and he’s living in a dorm, his items are usually covered under your homeowners policy. That’s because most policies cover anyone in your household as well as students under the age of 24. Not all policies cover students living in off-campus housing, however. It’s also worth noting that liability limits on students’ items may be lower, so if they have expensive items like a computer or bicycle, it may be a good idea to get some renters insurance as well.

7. Identity Theft

If some nefarious person gets ahold of your sensitive data, it can become difficult to straighten out. Fortunately, many homeowners policies now allow for reimbursement of the cost of fixing your credit reports and restoring your identity. This can include the cost of lost wages, phone bills and possibly even legal representation. If this coverage is not included in your basic policy, it may be available as a low-cost add-on or endorsement, so check with your insurance provider.

8. Anything You Travel With

Most homeowners policies cover your belongings wherever they go, under something called an “off-premises” provision. That means that if your laptop or luggage is stolen while you’re on vacation in Europe, you’re usually covered. For pricey items, like your engagement ring or your triathlon bike, it may be worth getting an additional rider to ensure you have enough coverage.

9. Spoiled Food

Let’s say a big storm blows through your town and you’re without power for six days. Say goodbye to whatever was left in your refrigerator. The good news is that most homeowners policies will cover the cost of replacing spoiled food. Just make sure you take pictures of the food. Also, take note of the deductible on your plan. Some policies have no deductible on food spoilage claims, others may have a high deductible, which would make filing a claim pointless.

10. Dog Bites

If your dog bites someone, your homeowners policy may cover the cost of medical care, usually up to as much as $300,000. Just be aware that some dogs can do serious damage when they bite, and may require additional insurance to cover the cost of any potential claims.

11. Home Upgrades Required by Law

If your local government passes an ordinance requiring your home to have a new roof, the cost of that improvement is often covered. This is nice to have if, for instance, your home is damaged in a storm and the repairs must be in line with new zoning laws. There are usually limits to this coverage — insurance may not pay for full demolition, for instance — but it’s nice to have for homeowners who may live in older houses. Check your insurance policy to see if this coverage is included in your basic plan or available as a low-cost endorsement.

This article is from Tim Lemke of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

The 5 Best Pet Flea Shampoos

Andrea Cannon — Thu, 07 Jul 2016 09:31:19 +0000

Fleas can relentlessly bite your pets, leaving them itchy and irritated. Pet flea shampoo can kill these pesky critters to help improve your pet’s quality of life, while also cleansing their coat.

Many pet owners find that a natural homemade recipe made of liquid dish soap, vinegar, and warm water is enough to kill fleas, but it isn’t always effective enough. When you need something stronger, a good flea shampoo can do just the trick.

What is pet flea shampoo?

Pet flea shampoo is a special medicated shampoo that can safely cleanse your pet’s coat, while killing fleas and preventing them from returning. A quality flea shampoo can kill the adult fleas that are causing your dog's discomfort. However, you will need to continually shampoo your dog throughout the year to ensure it remains effective.

It’s important to treat infested areas as soon as you notice a problem to stop the flea life cycle. Flea shampoo can be used like regular pet shampoo, starting at the head and behind the ears and moving down toward the tail. Simply let the lather remain in the hair coat for five minutes to kill pesky insects. It can usually be used along with a topical spot treatment or flea collar for enhanced results.

Remember, it’s important to always use dog products on dogs and cat products on cats. They cannot be used interchangeably, even if you choose a natural product. However, if the bottle specifically states that it is safe for both cats and dogs, then you can use it on all of your furry pals. Even if a shampoo claims to be completely safe for your animal, each pet is different and yours may not react well. If you notice any problems after using a flea shampoo, contact your vet.

For quick cleanups, consider the Vet's Best 50 Count Flea + Tick Wipes. If you need further protection from fleas and ticks, consider something like the best-selling Vet's Best Flea & Tick Home Spray or the best-selling Vet's Best Flea & Tick Yard & Kennel Spray.

Top 5 pet flea shampoos

Adams Plus Flea & Tick Shampoo With Precor for Dogs and Cats

The Adams Plus Flea & Tick Shampoo with Precor for Dogs and Cats is Amazon’s #1 best-seller in dog flea control shampoos, as well as the best seller in cat shampoos. You can count on it to kill fleas, ticks, and lice on contact. It also provides 28 days of control from flea eggs and flea larvae. It is gentle on the coat and skin, and can actually help remove loose dandruff, dirt, and scales to improve the coat’s condition, leaving it soft and shiny. It is enriched with oatmeal, coconut extract, lanolin, and soothing aloe, so it shouldn’t irritate your pet’s coat.

The concentrated lathering shampoo can be used on both dogs and cats 12 weeks of age and older. Most reviewers tend to love how well this lathers. It is one of the “most wished for” items on Amazon and has outstanding online reviews.

Currently $8.48 on Amazon

Hartz UltraGuard Rid Flea & Tick Shampoo for Dogs With Oatmeal

The Hartz UltraGuard Rid Flea & Tick Shampoo for Dogs with Oatmeal provides immediate relief from adult fleas and ticks, including deer ticks, which may carry Lyme disease. It contains Pyrethrins, which kills fleas and ticks that can carry diseases. It also contains oatmeal to cleanse, deodorize, and soothe your pet’s dry, itchy, or irritated skin. It has a light, fresh fragrance that reviewers tend to love.

The cleansing shampoo can be used on dogs six months of age and older. This is an Amazon best-seller, one of the “most wished for” items on Amazon, and has outstanding online reviews.

Currently $14.47 on Amazon

Vet’s Best Flea Itch Relief Shampoo

The Vet’s Best Flea Itch Relief Shampoo is a veterinarian-formulated shampoo that provides fast itch relief from flea bites and infestations. Some reviewers found that it works nearly instantly to kills fleas and ticks. Instead of relying on harsh chemicals, it uses powerful natural ingredients like micronized oatmeal, aloe vera, camomile, solvent-free orange and lemon peel oil, and neem oil to soothe discomfort, irritation, dryness, and itching. It will not affect topical flea and tick control products that you may be using at the same time.

This can be used on both dogs and puppies 12 weeks of age and older. Reviewers tend to like the mild natural scent. If you’re looking for something you can use on both your cats and dogs, consider the Vet’s Best Natural Anti-Flea Easy Spray Shampoo.

Currently $8.74 on Amazon

Natural Chemistry De Flea Pet Shampoo

The Natural Chemistry De Flea Pet Shampoo is pesticide free, chemical free, nontoxic, and safe for people and pets. It is guaranteed to instantly kill fleas, ticks, mites, and lice safely. It kills insects on contact without the use of Pyrethrins or Permethrins, and will not wash off any flea and tick spot treatments you may be using at the same time. The gentle yet powerful formula works on all stages of the insect's' life cycle.

The deep cleaning shampoo can be used on both dogs and cats 12 weeks of age and older. If this one doesn’t work for your pet, consider the best-selling Natural Chemistry Natural Flea and Tick Shampoo for Dogs.

Currently $6.99 on Amazon

Sentry Flea and Tick Shampoo With Oatmeal

The Sentry Flea and Tick Shampoo With Oatmeal quickly kills fleas, ticks, and flea eggs for up to 10 days, including the ticks that may carry Lyme disease. The effective flea and tick dog shampoo is PH balanced for your pet’s coat and contains oatmeal for deodorizing and cleansing. It also has a Hawaiian ginger scent that reviewers tend to love. After use, your dog’s coat should be shiny, soft, and smelling great.

This is intended for dogs only. It is an Amazon best-seller and has outstanding online reviews.

Currently $5.54 on Amazon

And those are our recommendations for the best pet flea shampoos. As always, be sure to check Wise Bread's Buying Calendar to learn when and how to buy just about anything!

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This article is from Andrea Cannon of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

How to Make $400+ a Week as a Pet Sitter

Ashley Jacobs — Fri, 15 Apr 2016 09:30:29 +0000

As a pet sitter since the age of 10, I've taken care of everything from dogs to cats to gerbils to guinea pigs, and have pet sat at many gorgeous homes with fabulous amenities. One client I worked with even lived right down the street from Oprah! Not a bad way to earn some extra cash, am I right? (See also: 10 Great Side Jobs for Introverts)

Here are six steps to making $400+ a week in your spare time as a pet sitter.

1. Set Your Services and Prices

Pet sitters can offer a variety of services, from dog walking to daycare, daily check-ins, baths, overnight services, and more. When determining which services you will offer, think about your what kinds of pets you are comfortable with as well as how much time you have to spend pet sitting. You won't want to offer dog walking services if you aren't comfortable walking large dogs, and you won't want to offer daycare services if you have a full-time job.

You'll also need to research how much pet sitters in your area charge for the same services you want to offer in order to figure out how much you should charge. Don't price yourself too high or too low. Be competitive for your city! For example, in Newport Beach, CA, I priced my services at $60 per night for overnight sitting and $20 per day for daily check-ins. One week of overnight sitting earns me $420, and if I'm able to add in a drop-in client or two, I can earn upwards of $560 per week.

2. Advertise

If this is your first time pet sitting, start with your family and friends. Offer to watch their pets for a discounted fee so that you can build up your portfolio and reference list. Be sure to ask them for referrals as well!

Another option to find clients is the Internet. A site like Sitting for a Cause (which, full disclosure, I own and operate) can help pet parents in your area find you and learn about the services you offer. You can also create your own website or make a Facebook page to help people find you.

Additionally, you can make business cards and leave them under people's doormats or post fliers at local dog parks, shelters, or pet supply stores. Leaving your information where pet owners will see it can help you grow your business.

3. Meet Clients in Person

When a prospective client contacts you, find out the details of the job including the type of service they need, the dates of service, and information about their pets. If the job sounds like something that will fit into your schedule, set up a meet and greet!

A meet and greet is your opportunity to meet the client and pets as well as learn more about what would be expected of you while the client is away. Along with the basic information like feeding schedules, exercise and bathroom needs, medical history, and location of all pet supplies, be sure to find out:

How well trained the pet is and any commands he or she knows;
If the pet is good with other animals;
Behaviors you should reward for and bad behaviors you should watch out for;
Information about people who will be coming and going from the house (i.e. housekeepers, gardeners, and pool cleaners);
If you need to water plants, pick up newspapers, or bring in mail;
How to arm and disarm any alarm systems.

If you feel confident a job is a good fit and you can handle all the responsibilities that come with it, accept it! If not, it's always okay to turn down a job.

4. Take Awesome Care of Their Pets

This one is simple: just do everything that is asked of you. Feed pets when they are supposed to be fed the exact amount they are supposed to be fed, keep water bowls filled, make sure pets get the exercise they need, scoop litter boxes daily, clean cages as required, pick up poop from the yard, give treats as suggested, bring in the mail and newspapers, water plants as needed, and follow any other instructions from the client.

And, obviously, spend lots of time playing and cuddling with their pets. You were hired to be a surrogate parent while your client is gone, so enjoy your temporary parenthood!

5. Go Above and Beyond

During your job, do more than just the basics. Here are some ideas to help you go the extra mile to make your clients happy:

Send updates and pictures;
Notify them if their food supply seems low and offer to run to the store to pick some up;
If a favorite pet toy looks like it's falling apart, get a replacement;
If your client is celebrating a special occasion, leave some pet-safe flowers and a nice note;
Leave the house in cleaner condition than it was when you arrived on your first day.

When you go above and beyond, don't expect or ask for reimbursement from clients on items you purchased for them. Going above and beyond is an investment in your client and will keep them hiring you for years to come.

6. Follow Up

On the final day of the job, if you leave a client's house before they return, call or send them a text a few hours after they were supposed to return (or if they returned late, the next morning) to ensure they are home with their pets. They will appreciate knowing you care enough to check in.

It's also nice to check in with clients from time to time. A quick email every so often asking how their pets are doing or sending a Christmas card is always a nice gesture that will keep you at the top of their list of people to call the next time they need a sitter. It also increases the odds they will refer their family and friends to you!

Are you an animal lover? Would you ever try pet sitting? Leave a comment and let us know!

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This article is from Ashley Jacobs of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

9 Surprising Things Your Homeowners Insurance Doesn't Cover

Tim Lemke — Tue, 29 Dec 2015 14:00:03 +0000

If you've never read the entirety of your homeowners insurance policy, you might believe you're protected against any kind of problem with your home or property. But the truth is, many things are specifically excluded from most policies. Most of us know flooding and water damage is not generally covered by standard policies. The rest, though, may surprise you.

Does your homeowner's policy cover any of these 10 items? If not, consider getting special endorsements or riders to make sure you have the proper level of coverage.

1. Pools

You might think the liability insurance tied to your policy will suffice, but it's probably not high enough to protect you against many pool-related injuries. A typical homeowners policy covers about $100,000 in liability insurance — but if you have a pool, you'll probably need greater protection. The Insurance Information Institute recommends bumping your liability insurance to $300,000 or even $500,000.

2. Termites

Pests can pose a big threat to your home, but don't assume damage from the little critters is covered. That's because most insurance companies consider damage from termites and other pests to be preventable. Pay attention to moisture around your home, and closely examine any wood for possible pest damage. Also be sure to keep plants and wood piles a good distance from your house.

3. Tree Houses

Many insurance companies place treehouses in the "high-risk" category along with trampolines. Check your policy for exclusions before constructing that clubhouse in the old oak tree.

4. Earthquakes

What's interesting here is that damage from a volcanic eruption usually is covered by most homeowners policies. Earthquakes are a different story, and that also goes for earth tremors, landslides, and mudslides. If you live in an earthquake-prone area — Californians, I am talking to you — consider buying extra earthquake insurance.

5. Trees Damaged by Wind

If a tree gets knocked down during a storm and damages your house, the repairs to your home are covered. But insurance won't cover the actual removal or replacement of the tree itself. This goes for any other shrubs and plants. In general, homeowners insurance only covers damage to plants and trees caused by fire, theft, lightning, and car crashes. So if a car crashes into a tree, you're covered (up to $500.) But if the wind knocks the tree over, tough luck.

6. Expensive Jewelry or Other Personal Property

You may think your wedding ring is covered under your homeowners policy, but unless your hubby bought you a cubic zirconia, it's probably not. Most policies cover personal artifacts up to $1,000 or so. After that, you'll need a separate rider. But don't worry, such riders usually cost less than $100 a year.

7. Your Home Business

It's logical to assume that if you're running a business from your house, that business is covered under your homeowners policy. But that's not necessarily true. If you run a catering business from inside the home and someone gets food poisoning, you're not covered. If you are giving an art lesson and a student breaks a toe, you're not covered. This is especially true if your home business is located on your property, but in a separate structure from your home.

8. War

What's worse than having your house blown up by the enemy? Knowing that insurance won't cover the repairs. Most policies will not pay you back for damage caused by war, terrorism, or nuclear dangers. However, civil unrest, riots, and vandalism may be covered.

9. Many Popular Dog Breeds

Most dogs are covered under your homeowners policy, but only if they are not considered "aggressive" or "risky." And you'd be surprised how many breeds of dogs are basically uninsurable. The American Veterinary Medical Association lists the dogs most likely to bite humans, and appearing on that list is often a black mark for insurance companies. Blacklisted breeds include Pit Bull Terriers, Doberman Pinschers, Akitas, Rottweilers, and even Chow Chows.

This article is from Tim Lemke of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

13 DIY Halloween Costumes for Your Pets

Nick Wharton — Fri, 23 Oct 2015 17:16:47 +0000

Don’t leave your favorite furry friend out of the Halloween fun this year! You can make a cute costume for your pet in just minutes. Most of these comfortable getups work for either dogs or cats, so gather your crafting supplies and check out these 13 spook-tacular tutorials.

1. Piñata

My heart skipped a beat when I found this DIY piñata costume. You'll need a dog sweater, crepe paper, hot glue, and some time. Just cut the paper into fringe and glue it to the sweater. Throw in a pet-sized sombrero to finish the look.

2. Beanie Baby

Strapped for time? You can whip up this Beanie Baby costume in a few minutes. Grab a piece of white card stock, a pencil, a red marker, and a hole punch. Draw a heart on your piece of paper, cut it out, and then lightly outline the TY logo with pencil. Color the tag red, punch a hole, and attach to your four-legged friend.

3. Ballerina

Give your pooch the night of her dreams with this whimsical ballerina tutu costume. You’ll need a wide elastic band, tulle, and piece of cardboard. Once you’ve looped the elastic, just wrap the tulle around your cardboard form, cut, and then tie to the band. Poof it out and slip it onto your pet.

4. Angel

A little paper and glue can go a long way. Dress your cat in this divine DIY angel costume. Twist together some white pipe cleaners to make a halo. Then cut wings out of paper and use elastic to wrap them around your cat. Done!

5. Elsa From Frozen

You don’t need kids to jump in on the Frozen trend. Doll up your pup in this Elsa snow queen costume — complete with a wig. Use blue tulle to fashion a flowing skirt made for a princess. And the wig is just white yarn hot glued onto some felt.

6. Teddy Bear

Who doesn’t love a cuddly stuffed animal? Turn your pet into a Teddy bear with this nifty tutorial. Find an old stuffed bear, cut its face out, and cut open the back of the toy. Leave stuffing in the arms. Then attach using some Velcro or string.

7. Lion

Maybe your pet wants to feel like the king of the jungle. Try this lion costume on for size. It’s especially perfect for larger dogs and requires a bit of sewing knowledge. You’ll start by measuring your pet’s head and neck so you can sew a simple base layer. After that, you’ll pin fur to the base and then sew it into place. Don’t forget the ears!

8. Candy Corn

This crochet candy corn sweater will look cool and keep your kitty warm. You’ll need orange, yellow, and white yarn. The project is completed in just 16 rows of various stitches. Definitely a great project for beginners looking to learn a new craft.

9. Bat

Martha Stewart’s team came up with this bat wing harness costume, and it’s a winner. You’ll print out a wing template, cut the shape from three pieces of felt, and then stitch them together. Then cut a small rectangle of felt to secure to your pet’s harness. (See also: The 7 Best Pieces of Homemaking Advice From Martha Stewart)

10. Spider

Here’s a DIY spider costume that's creepy and crawly. The best part? Your pet won’t mind wearing it. All you need are pipe cleaners and a dog (or cat) collar. Twist pipe cleaners until you get a nice, thick leg that’s around 15 inches long. Then tie the legs to the collar, four on each side. Use the giant pipe cleaners for more drama.

11. Construction Worker

If you have an hour, you have enough time to make this construction worker costume for your animal. Take two squares of orange felt and cover it with a strip of metallic silver duct tape and yellow felt. Cut a small hole into this new vest and loop elastic through for a custom fit. Finish off with a foam construction hat.

12. Painted Pet

Do you have, like, zero crafting skills? Check out pet paint, a veterinarian-approved pigment spray that washes off your pet with mild shampoo. You can safely spray a costume — like this tiger dog — in no time at all. You can even get pet stencils to make the process easier. Rinse and repeat for another event.

13. Ghost

Or go with this classic ghost costume. It’s so easy, a kid could make it. You’ll need a small white sheet or piece of fabric. (It looks like the author may have used a white t-shirt.) Cut holes large enough for your pet’s eyes and snout. Slip it on and spook your friends.

Are your pets dressing up for Halloween? Share their costumes in the comments!

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This article is from Nick Wharton of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

3 Ways Your Dog Is Ruining Your Credit Score

Dan Rafter — Wed, 12 Aug 2015 13:00:22 +0000

That puppy looks so cute. But be careful: Pets are also a big financial responsibility that can take a bite out of your credit score. According to data from the ASPCA, you can expect to pay $580 every year to own a small dog, $695 annually for a medium dog, and $875 each year for a large dog. And the first year of owning a pet comes with additional costs.

"It sounds harsh, but if you can't afford to support yourself you have no business getting a pet," says Bruce McClary, vice president of public relations and external affairs for the Washington, D.C.-based National Foundation for Credit Counseling. "If you don't have room in your budget for caring for a pet, you are not just hurting yourself, you are hurting that pet. If you can't afford medical treatment or to properly care for and feed that pet, getting a pet is not the best decision to make."

Here are three ways your new dog could send your credit score plummeting.

Big Medical Bills

Bringing your dog to the vet is a necessity. But it's not cheap. PetCareRx says that a basic office visit can cost $45 to $55, while other basic services such as booster shots (an average of $18 to $25) and heartworm tests ($45 to $50) can add up.

But it's the rarer type of medical treatments that are truly costly. PetCareRx says that it can cost up to $110 for the geriatric screenings that older dogs — typically seven years and up — require, while dental cleaning can run up to $400 for dogs.

It's when it comes to more complicated procedures such as surgeries or cancer treatments that your dog's medical bills can soar. PetCareRx estimates that it can cost up to $10,000 to treat your dog's cancer through chemotherapy and the ASPCA estimates that it can cost up to $15,000 to give your dog a kidney transplant.

You can usually work out payment plans for these costs. Missing these payments won't show up on your credit report… initially. But if your vet sends a collection agency after you, that will be reported. McClary says that a negative judgment on your credit report — such as a bill being sent to collections — could cause your credit score to instantly drop by 150 points or more.

Pet Insurance

Because there are more treatment options available for dogs today, many pet owners are opting to purchase pet insurance to help cover the costs of cancer treatments and surgeries. These policies aren't free, with the ASPCA estimating that a typical pet insurance policy costs from $300 to $400 a year.

If you fall behind on these payments, your credit score won't initially take a hit. But if you fall behind enough, the provider of your insurance policy will send your account to a collection agency. Once that negative judgment is listed on your credit report, expect your three-digit credit score to tumble by 150 points or more.

"You'd be surprised at how quickly medical and insurance providers are sending accounts to collection today," McClary said. "If you miss two payments, you might find yourself dealing with a third-party collection agency. And that will show up on your credit report."

Ouch! Dog Bites

Your beloved poodle doesn't like the mailman, and shows his displeasure by taking a chunk out of his leg. This simple bite can cost you a lot of money.

The Insurance Information Institute found that while the number of dog bite claims across the United States fell 4.7% in 2014, the average cost of these claims jumped 15%. The institute found that the average cost dog owners paid out for dog bite claims stood at $32,072 last year, up from $27,862 in 2013.

A dog bite can easily take a big chunk out of your household budget. If your finances are already tight, the added burden of paying out — or defending — a dog bite claim could cause you to fall behind on other monthly bills such as mortgage payments or credit cards. These late or missed payments will cause your credit score to fall.

A pet can be a wonderful addition to your family — but it can also be a costly one. Make sure your finances are healthy enough to withstand the extra expenses.

What unexpected costs has your pooch racked up?

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This article is from Dan Rafter of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

10 Ridiculously Overpriced Pet Products

Paul Michael — Wed, 18 Feb 2015 16:00:09 +0000

Americans love their pets. In fact, the estimated amount we spent on our pets in 2014 was almost $60 billion. That's a whole lot of dog treats and cat toys. However, while a lot of those purchases were worth the money, some were a little exorbitant to say the least. (See also: 7 Homemade Pet Toys That Are Cheaper and Better Than Storebought)

With money being tight for so many of us these days, we have to make the best financial choices for ourselves, whilst keeping the wellbeing of our pets top of mind. With that being said, the following 10 products should be avoided. Not only are they insanely overpriced, they're also wasted on animals that really don't care if they eat prime rib or "prime cuts" of mystery meat in jelly.

1. Persian Lamb and Mink Dog Coat — $995

Here's the thing about dogs; they already have a coat. Nature provided them with a way of keeping warm, and they can shed the volume of this coat in the warmer months to stay a little cooler. So providing a dog with a coat, well, that's like wearing a jacket on top of your jacket. Admittedly, sometimes in extreme weather, you may want to cover your pooch with a dog jacket. That's often more for your own peace of mind than the dog's safety. But if you do, avoid a $1000 coat made from lamb's wool and mink. It looks ridiculous, it costs an arm and a leg, and the dog won't care!

2. Ebano Intreccio Scolpito Dog Collar — $420

The translation means "carved ebony." That's a tad confusing when you look at the actual collar and realize that it's just a leather collar. Oh, but not just any leather collar. This collar costs $420. The description says that it is "sculpted to perfection" and is "extremely strong, resistant, and beautiful." For $420, it should walk the dog while you sit back and enjoy a coffee and a donut.

3. The Louis XV Pet Pavilion Dog Bed — $23,995

Styled after an 18th Century French commode (which is actually a chest of drawers, not a toilet), this lavish dog bed will set you back the price of a new 2015 Ford Escape. However, unlike the SUV, this beautifully carved dog bed does… well, nothing. It just sits there, looking pretty (if you like that sort of thing) and is a shining example that you have money to burn. Only for the very rich, and very stupid.

4. Sexy Beast Dog Perfume — $65

You don't have to spend hundreds of dollars to waste money. This purchase will set you back just $65, but you may as well flush your money down the toilet. Touted as a "unisex pet fragrance," Sexy Beast is available in 1.7 ounce and 3.4 ounce sizes. It is a blend of "bergamot and vanilla-infused musk, combined with natural patchouli, mandarin, and nutmeg oils." What a waste of time. Give your dog a bath. Or if they really hum and that doesn't work, you'd be better off spraying them with a little air freshener or Febreze. Save your money for fragrances humans can wear.

5. Swarovski Crystal Cat Flap — $1,650

If you own a cat or two, you know that cat flaps are not exactly the height of design elegance. They're functional, as they should be. They serve the purpose of letting the cat come in and out of the room or house without having to keep the door open. Ideally, they go unnoticed. Unless, however, you shell out a small fortune for one of these hideous things. Not only does it look like it cost a few bucks from a discount store, it doesn't even hide the full cat flap!

6. The 8' x 10' Luxury Dog House Kit — $3,399

The most insulting thing about that dog house is the word "kit." For that kind of money, you should have it delivered to your dog fully assembled, and be treated to dinner at a five-star restaurant. But no, you have to build this luxury pooch palace yourself. It's not even painted! It features wood wall framing, wood trusses, and an adult entrance door to check in on your pampered best friend.

7. The Cat Cabin — $1,400

Handmade with wood and liana (a kind of vine) this cosy cat cabin features a dirt repellent pillow and multiple entrance and exit points. It is made by HomeBasic, a German company, and as it is woven by German artisans, you know the cost is going towards construction and not raw materials. After all, it's basically wicker and rattan.

8. Designer Poodle Tiara — $4.2 million

This kind of extravagant spending is obscene. When you consider the amount of people in this world who are poor and hungry, throwing away millions of dollars on an ornament for a dog makes absolutely no sense. The dog has no idea what it's wearing, or why. It's simply a way for the owners to say "Look how much money we have." With any luck, the dog will bury it somewhere in the back garden and make the owners go digging.

9. Versace Barocco Pet Bowl — $754

What is more important? The food you give your pet, or the dish you serve it in? If you answered with the latter, congratulations… you've got more money than sense. Feed your pet a healthy diet and serve it in a dish that costs $20 or less. Something sturdy. Not a dish inlaid with gold. The write-up even says "Your cat may not know the difference, but you will, right?" Yes, you should know better.

10. Pet Resorts — $1,000 and Up

If you're off on vacation but can't bring your dog or cat with you, why not send them on their own holiday? Why not? Because it's insane. Places like Paradise Ranch take away that guilty feeling by pampering your pet for days, or even weeks, with the highest of care. Services like "human companionship while they sleep" and "full service spas" ensure that your dog will have a confusing but comfortable time while you're away. Remember… pets are not people; you don't treat them the way you want to be treated, you treat them the way they need to be cared for. Boogie board lessons are not fun; they're strange and harrowing.

What's the most you've ever spent on stuff for a pup or a kitty?

This article is from Paul Michael of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

4 Pet Expenses That Aren't Worth It

Amanda Meadows — Mon, 22 Dec 2014 18:00:13 +0000

Pets give us so much: fun, cuddles, love. But they are also very expensive. There are lots of ways to curb your pet expenses, but here are the four pet expenses that are really just not worth it.

Pet Insurance

A health insurance plan for your dog, cat, bird, snake, or any other pet, might sound like a good idea, especially if you have a purebred animal prone to health issues late in life. However, the insurance deal for pets is not exactly as great as the kind we humans get.

First, the premiums are high considering how few issues will likely arise. The basic plans are around $11 per month, and comprehensive care is up to $40 per month. Over the course of a pets life, let's say 10 years, you will have spent up to $4800. That's the cost of a resort vacation or a used car!

Second, problems requiring a specialist will still cost you an arm and leg. If you have a big issue, like a dog enduring heart failure, one can find that with each visit, the reimbursements get smaller and smaller. Considering the vet costs and the type of pet, you might be better off paying for expenses as they arise.

Obedience Classes

Even post-Cesar Milan, we are still in a dog training craze. Many folks adopting rescue pets might believe they need to buy discipline courses or "boot camps." But these classes are a high risk for an uncertain reward: Group classes cost up to $125 on average, private classes cost up to $500 on average, and boarding school training can cost $1800 on average; and there's little guarantee the results will last.

So how can you train a pet without classes? It's simple: As the owner of a pet (specifically dogs), you are the alpha. That means the obedience training should come from you. There are lots of resources on how to spend time and training pets yourself. Home training not only ensures that you spend quality time with your pet and that the results are working, but you'll save tons of money.

Too Many Toys

Toys are such an easy way to entertain (or appease) our animal friends. Pet stores will successfully sell us on wacky and cute toys for almost every kind of pet — because who doesn't want to see their pet play and have fun?

Pet toys are pricey, though. They also have high turnover. A toy lasts for a few months until it's completely torn apart, and then you need to replace it. Try saving money by making your own toys or recycling toys. If you have a cat? A coat hanger with a string on it, or a little piece of trash on the floor will always suffice.

Fresh Prepared Pet Food

Dog and cat bakeries, artisanal fresh foods delivered to you, farmer's market carts just for pets, there are so many ways to waste money on your pet with indulgent treats. A lot of these food options are positioned as the only "healthy" choice for your pet's health.

How many times have we gone to Whole Foods for kale, but left with salted caramel ice cream? It's the same with these specialty dog food brands. Dogs do not need popsicles, nor we should never entertain the idea. The 10 bucks here, 20 bucks there add up to an insane meals and entertainment budget for your pet. Want to try fresh, raw pet food? Try making it yourself without the markup.

What pet expenses do you consider a waste? Please share in comments!

This article is from Amanda Meadows of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread:

7 Personal Finance Tips for Animal Lovers

Christa Avampato — Tue, 16 Dec 2014 14:00:07 +0000

The pet industry is big business — $56 billion in 2013 to be exact. And while you want your pet to be happy and healthy, you don't need to contribute any more to that $56 billion than is necessary. (See also: 10 DIY Dog Toys You Can Make for Pennies)

So check out this set of personal finance tips that will help you care for your furry best friends without breaking the bank.

1. Perfect Your Grooming Skills

I've never taken any of my pets to a professional groomer for their coats. You can easily buy salon-quality products and gadgets that make taking care of your pet's fur an inexpensive and even fun task. I make sure my pup gets a bath every week (with conditioner) and a brushing every day to keep his coat and skin healthy. Once a month I have his nails clipped and every six months I have his teeth cleaned by professionals. This regular maintenance and preventative care, the majority of which I do at home in my bathtub, keeps him looking and feeling his best.

2. Maintain Proper Diet and Exercise

Being overweight is one of the main causes of premature death and illness among pets. To keep your pet healthy and to keep your vet bills low, make sure your pet gets plenty of exercise and eats just the right amount of food. Also, avoid table scraps. While your pet may love them, their systems are not attuned to the human diet and can cause severe digestive issues.

3. Get Training

Training will save you from the expense of having your house and/or yard torn apart, and it will keep your pet safe from harm as well. There are a variety of options when it comes to training. When I first adopted my dog, I read every Cesar Millan book and followed his advice to the letter. Because my pup had terrible separation anxiety, I found tremendous value in Nicole Wilde's book Don't Leave Me! You can also enroll your pet in group classes or get private sessions with a trainer.

4. Get Pet Insurance

When I adopted my dog, I immediately got pet insurance. Though he's only five, that insurance has more than paid for itself and given me tremendous peace of mind. Veterinary care is expensive. It will undoubtedly get more expensive as my little guy gets older because he will develop health issues through the natural process of aging.

I have an excellent plan through Healthy Paws. I pay a low monthly fee, a $50 annual deductible, and then they pick up 90% of the tab beyond the basic doctor visit cost. It's important to note that you must get insurance while your pet is still young because pre-existing conditions are often not covered and most plans won't start coverage if your pet is beyond a certain age.

5. Shop Around for Care

Speaking of veterinary care, make sure to shop around to get a feel for average pricing. When I first adopted my dog, I just went to the closest vet because I assumed they were all pretty much the same. Not so. There are huge variations in the level of care as well as the cost. There is also a wide spread on quality and cost of care when it comes to dog grooming, walking, daycare, and boarding. Do your homework online and in-person to get the best value and quality for your dollar.

6. Visit Clinics for Simple Stuff

Even once you find a high-quality, good value vet, there are other options for certain types of pet care. I used to happily take my dog to my vet for his vaccines. Then I discovered LuvMyPet, a mobile unit that makes stops at my local Petco every weekend. LuvMyPet's vaccines are exactly the same as the ones from my vet, but they're literally half the price.

7. Shop Around Online for Supplies

Do not buy medicine, food, or supplies from your vet or a brick-and-mortar retailer unless it's an emergency. These establishments generally have a huge markup. You can get a much better deal online from Amazon, 1800PetMeds, and Wag.com.

What cost-effective ways have you found to take care of your pets?

This article is from Christa Avampato of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread: