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Planning for Pet Emergencies: Vet Budgeting Tips to Avoid Financial Stress

NerdWallet's Smart Money Podcast

NOTE

Prepare Financially to Care for Your Pet

Being financially prepared for pet care is crucial to ensuring that a pet owner can focus on their pet's wellbeing rather than monetary constraints. When unprepared, the owner’s attention shifts to financial decisions regarding diagnostics and treatments, compromising the care their pet receives. Setting up a dedicated pet savings account is recommended so owners can budget and save monthly for potential emergencies. Pet insurance serves as another effective safety net, akin to human health insurance. Additionally, utilizing a health care credit card, such as Care Credit, can provide further financial relief, making it easier to manage unexpected veterinary expenses.

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