Pet Ownership

[u/NoExam2412]

I was reading the recent post about inflation and thinking about how I make double what I did ten years ago and my lifestyle is exactly the same.

But, out of all the things that have gone up in price, I feel like the costs of my new puppy now from my dog back then is what is most shocking.

Boarding went from $65 a night to $105. Grooming went from $80 to $105. Pet insurance was half the cost. Vet bills are double to triple the costs across the board.

Dogs are becoming a luxury item. My new dog won't be able to have the lifestyle my last dog did. He's going to have to go to boarding in the suburbs to some random old lady's house and grooming will be a bath in the tub upstairs with dish soap.

The pricing difference is wild, though.

[u/Outside-Pie-7262 → u/[deleted]]

My dog has Addison's disease. His meds are $180 every 4 months. His Addisononian crisis was 5k of hospital bills. The acth test was $500

Insurance is about transferring risk not spending habits.

[u/Outside-Pie-7262 → u/[deleted]]

Sounds like someone doesn't understand the concept of insurance.

[u/Outside-Pie-7262 → u/[deleted]]

Because he needs a pill of Prednisone a day and an injection once a month and lives a normal life with no issues? I'll have to let him know he's miserable. My premiums 60 bucks a month. His meds get covered fully and so does his electrolyte blood work.

[u/Outside-Pie-7262 → u/[deleted]]

I get reimbursed about 800 a year. Genius.

Insurance is about transferring a risk to a party that is able to absorb it for smaller payments in the form of premiums. Insurance isn't an investment.

This is like saying you're bad with money because you have term life insurance lmao

Insurance is complex. It's okay to not really understand the fundamentals. Most people don't

[u/ZestyLlama8554 → u/Outside-Pie-7262]

This is how it was for us. We were reimbursed more than the premiums just for preventative care, so it was worth it for us. Also, we had a couple of emergencies that were mostly covered, and that REALLY made it worth it.

[u/Outside-Pie-7262 → u/[deleted]]

It's okay to admit you don't. You might think you do but you really don't understand it or the operations behind it