Why I Boosted My Emergency Fund Before Adopting a Dog

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When my old dog, Casey, passed away at almost 13 years old, it was one of the most heartbreaking things I have ever experienced. And it took me a while to feel ready to adopt another dog.

In early 2020, my family decided the time was right to introduce a new dog to our personal mix. Our children were a little older and more manageable, and we were ready to take on the responsibility of caring for an animal.

Then the pandemic hit, and we decided to wait a few months for things to calm down before applying for adoption. We started submitting applications to various rescues early in the summer, only to be repeatedly ghosted and in a few cases rejected (understandably in the case of unsuitable young children).

The fact that it took several months to find the perfect puppy for our family initially frustrated us. But in the end, it was kind of a blessing.

Once we decided to go ahead with adopting a dog, I started putting as much money into our emergency fund as possible. You see, Casey ended up having a lot of medical issues later in life, and we had to repeatedly dip into our savings account to fix them. I thought it would be wise to increase our emergency fund in case similar issues arise with our new dog.

Since the adoption took longer than expected and I was working longer hours during the pandemic (a by-product of not having as many places to go), I was able to pocket an extra $5,000 just before we welcomed our new puppy, Champ, into our family. And it’s a good thing I did.

An unexpected surprise

A few months after adopting Champ, he started having issues with joint pain. Fortunately, these can be easily managed with medication. But it took $3,000 in diagnostic tests to get to the root of the problem, and since these issues arose before we had a chance to get pet insurance, we had to pay for these tests out of pocket. .

Luckily, we had the extra money in our emergency fund, which meant I didn’t have to worry about where that money came from, or worry about working harder to get that money back. Instead, I was able to focus on my pup being healthy and pain free.

It’s good to be prepared

People are often surprised at how expensive it can be to have a dog. I knew from experience that the moment a medical issue arose, the cost of having a pet could skyrocket, and I wanted to be prepared in advance.

These days, I have a fair amount of money in my pet care budget. That way, if additional costs arise, I don’t have to constantly dip into my savings to cover them.

If you are considering adopting a pet, be sure to research the costs involved before committing. Many people adopt with the best of intentions, only to find out that they really can’t afford a dog. You don’t have to be rich to take on the responsibility of owning a dog, but you should have some money in the bank in case of additional expenses.

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