Veterinary treatment needn’t come with wildly high costs. Here are just a few ways in which you can make a trip to the vets more affordable.
Shop around for treatment
Your regular vet may not charge the same rates as other vets – it’s possible that other clinics could be cheaper. By ringing around and collecting quotes, you can find the most affordable clinic for getting treatment. If it’s a fairly specialist type of treatment, bear in mind that not every vet will be able to offer the treatment you need and those that will may charge high rates because of the rarity of the procedure.
Standard procedures tend to be easier to shop around for – you may even find a pop-up clinic in your area that can do these procedures very cheaply.
Ask to pay in instalments
Some clinics may be willing to offer instalment plans so that you don’t have to pay the whole amount at once. This can make veterinary treatment more affordable, however sometimes you may end up paying more in the long run as interest could be added. Not all clinics offer this and those that do may only allow you to pay in advance for future treatments.
Consider pet insurance
Pet insurance can be another way to make treatment affordable. In exchange for paying a small monthly fee to your insurer, they will pay for all of your treatment. Fixed plans can be the easiest to budget for as the rate doesn’t change from month to month – you can even take out lifetime fixed plans for young animals which are often the best deal in the long run.
Insuring an older animal or one with a pre-existing condition may not be worthwhile – you may find that many insurers are unwilling to commit and those that do will charge very high rates.
Take out a loan
Another option could be to pay off your vet bills with a loan. Whilst you’ll pay more in the long run, it could reduce the upfront costs making these expenses more manageable. For those with a low credit score, there’s always the option of getting a guarantor loan in the UK. You could also consider using a credit card solely for vet costs or opening up a line of credit that you can dip into.
Invest in preventative treatment
Another way to reduce the cost of the vets is to take preventative measures with your pet. Many animals are good at hiding pain, which means that injuries and conditions may not show up until they are serious, at which point treatment is more expensive.
Going to the vet for regular check-ups allows you to catch these problems early in the bud before they get serious and before they get expensive.
It could also be worth vaccinating your pet against certain diseases as well as paying for professional grooming in the case of dogs (in order to fight off the threat of fleas and infections caused by unclean, unkempt fur).
(Extra) Emergency Fund is the way.
Why you need a Emergency Fund ?
We use this word all the time but do we know the real meaning of it (See below). There is so many situations that could occur in a blink of a eye, car repairs, house taxes, school tuition for the kids,unexpected bills and more.
It is not always a easy task or option to have a emergency fund but let see what are the differents reasons-benefits on how to make it happen for us. Having a budget is the right tool to have!
Source: Copyright Google.com [Definition]
“An emergency fund is a pool of liquid money set aside for unforeseen expenses like a medical expense or a car repair. Having an emergency fund can be the difference between a small bump in your financial life and complete disaster in your entire life. An emergency fund insures against life’s unexpected expenses.“
Discover the Five Reasons.
Reason #1 : The Debt Trap
You are trying to get out of debt but are stock in the same moving train, there is no movement. In our modern DNA, there is a lot of consumers on this earth depending on debt to go on their day by day life. It is understandable that for some of us, it is not even possible to think about a emergency fund.
When we have a unexpected event happening, facing a bad situation , take us by surprise! There is a consequence for not having a saving option, it will put us more into debt and further away from our goal to have a possible emergency fund.
Why not ask your employer to set aside even a tiny little amount in a separate account for you or ask your banker if this option is possible.Money you don’t see is money you don’t use if we don’t count mr credit card. When there is something happening in the futur, your debt payment will not be affected by any emergency coming your way.
Reason #2: One income
Just got married, one is in school and the other partner is working… At the top of your game and starting your working life as a professional,you should set some boundaries with your partner to identify what is really important for the both of you.
Once this is clear, you could work on a tight budget identifying all the spendings occuring during the month and understand how much you have at the end of the month.
As a next step, establish a saving routing of at least 10% of your income so you know that if there is something happening in the futur you are protected but also protecting your partner.It only take one bad situation to destroy a entire family .
Reason #3: Business – Contractor -Online
You are self employed, have your own business and are making good money. When we do have a florishing business,have great employees, good clients,money is flowing we don’t think ahead of time. How do we protect the business when we are in a slow weeks or months?
Should we use the line of credit!
The problem that is occuring a lot is, when there is a lot of money in a company the percentage going to the owner is way more than it should be. A portion of this money should be put in a emergency fund, not toward a credit line but really in a solid option that let you have access to your money right away.
Maybe a investment account could be the right option and have some taxes benefits.( Ask a financial planner or banker).
See more options in regards of a emergency funds ===> Less stress for you and your pet.
Having a pet could be so rewarding but we have to make sure we are well aware of the cost of owning one and what to do when it comes to emergencies.
I do own a cat and there is always some challenges but once we are prepared for any situations it becomes a walk in the park.
Enjoy your day.
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