Americans are willing to wreck their financial futures on behalf of their pets

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Americans are willing to wreck their financial futures on behalf of their pets
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Americans are willing to wreck their financial futures on behalf of their pets NationalPuppyDay

More than half of American households have a pet. And while most pet parents think that owning a dog costs them $26 to $75 a month, a Rover.com released just in time for National Dog Day on Sunday finds that dog lovers are actually dropping $153 a month on average. That adds up to a whopping $1,836 a year. Woof.

This all aligns with a 2017 survey from the Association of International Certified Professional Accountants Americans, which found that dog owners in its report spent an average of $1,560 per year on their furry friends. That price tag came as a shock to many of those pet parents, as well, since about one in four said that pet ownership is far more expensive than they expected.

Furthermore, Cody has multiple health issues, such as the kennel cough that he already had when Schaeffer rescued him, or the more recent stomach ulcer that he had to have treated. So the costs of Cody's medication , dog food and training to help manage his anxiety have added up. Others — like Linda Weiner, 47, of Boston — have even needed loans to cover pet care. Weiner normally spends roughly $2,000 a year on her 9-year-old dog, Max, although her expenses recently spiked due to a $5,000 surgery to remove his spleen.

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