Even pets are feeling the fallout of the economy's downturn. It has been so bad that shelters have coined a new phrase, "foreclosure pets," to describe animals' owners giving them away because they can no longer afford their care.
Veterinarian Dr. Marty Becker has tips on how to economize your pet care without cheapening it. Check out his advice below.
*Note: The pets featured on "Good Morning America" today are available for adoption from www.humanesocietyny.org.
For example, we found that an eight-pound bag of dog food costs about $15, while a 40-pound bag of the same food costs about $50. Buying the bigger bag saves you $25.
The same is true for cat food. The average price for a four-pound bag of food is $12, and for 20-pounds, it's $37. That's a savings of $23 when you buy in bulk.
If you're concerned about keeping the food fresh, remember to keep it in an airtight container. You can split the portion with a friend who's a pet owner and share the savings. Also, pets tend to eat less of high-quality foods as opposed to cheap brands, which often don't have the nutrients they need.
Brushing your pet's teeth can save on professional cleaning. Bathing and nail trims done at home can save money, too.
When your pet needs to see a vet, there are options. For example, the most common procedure for cats and dogs is spaying and neutering. If your pet comes from a shelter, this procedure is usually done free. If your pet comes from a different source, you might be able to cut costs by contacting your local animal shelter. People will often donate money, earmarked to provide spaying and neutering services. They will either underwrite the costs or work out a payment plan. Not all offer the same quality of care, so you must educate yourself on how and where the services will be done.
If your pet is facing other kinds of surgery -- for example, hip surgery for an older dog -- talk to your vet about your choices. Is there a non-surgical treatment? Would moderate exercise alleviate the problem, pain medication? Maybe surgery isn't the only solution.
You also can shop around, comparing costs at different vets and animal hospitals. One thing you must consider is what is included in care. Make sure you're actually getting a good deal with complete care.
For a new puppy or kitten, your vet may offer discount packages that cover all vaccinations, spay or neuter, microchip identification, etc. Your veterinarian and other pet businesses may have specials during pet awareness periods: February is national pet dental month; the second week of May is national pet week; and October is national pet wellness month.
Also, ask your veterinarian if he or she can prescribe generic equivalents of name brand medications so you can take advantage of $4 prescriptions at the big box-chain stores.