New Pet Study reveals how much UK spends on pets
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17th April 2018 posted by Peter @ Pet Points
A new survey reveals just how much we spend on our pets!
A recent study found that Brits spend on average £1,150 a year or £95 a month on their pets. This results in spending an eye-watering 10 billion a year on their dogs and 8 billion a year on their cats!
Vet bills, food and treatments can escalate and some people don’t realistically cost everything out and set a budget before buying their pet. These costs can then become unsustainable, leaving some pets being handed into charities, re-homed or worst - abandoned.
For most of us, we see pets as being priceless as they are a member of the family and they deserve to be treated as such.
Not only this, but over a quarter of pet owners like to pamper their pets, with an average of nearly £200 a year being spent on clothes for their pets and 66% of owners buy accessories for their pet.
How to keep your wallet and your pet happy
- Be strict - create a pet budget and set a monthly spending limit
- Be careful - put money in a separate savings account for pet emergencies
- Share - use Pet Points and spread the word on social media to encourage bigger discounts
- Get the best price - use pet apps and internet search engines to research product reviews and compare prices
- Shop online - sign up for your favourite online pet shops newsletters and get the latest deals into your inbox
- Sometimes you don’t have to pay a penny - make the most of the pet freebies available
- Shop around - look for new lines of affordable pet products, such as those now on offer at Lidl
- Save money and groom at home
- Take preventative care - keep up-to-date on vaccines and prevent pet illness
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