The Mortgage Crisis.  The Credit Crunch.  That's all we are hearing about lately.  For people with less than average credit, foreclosures are on the rise, mortgages are less available, and that is affecting us ALL.  But The Pet Credit Crunch?  You heard it here first. 

A few weeks ago, I talked about the Pet Spending Boom, and how it affects our economy.  Americans spent approximately $41 billion on their pets last year, and it is expected to rise to $52 billion in the next two years. 

Why am I bringing this up again?  Because I just got back from the Veterinarian's office.  $791.45 dollars later, my little girl is recovering nicely.  But don't panic, she wasn't sick, didn't have an emergency, or do anything out of the ordinary.  This was for her ROUTINE SPAY, plus a microchip, ear cleaning and a few take home meds.

So, you're thinking "almost $800 for a routine spay", right?  You're not alone.  I understand that we are in a higher-than-average part of the country when it comes to veterinary fees, but even in lower cost areas, the cost of routine prevention for pets is increasing.  

Thankfully, I was prepared for this visit, and took this anticipated expense into consideration throughout the past year.  If I didn't prepare ahead of time, I would have most likely had to put this on a credit card, as most others would have to do.  This contributes to the Credit Crunch, which affects the Mortgage Crisis, and you now have the Pet Credit Crunch.   

So what are some solutions?  When it comes to Pet Insurance, some people like it, some people don't.  Some consider self-insuring when it comes to preparing for your pet's veterinary bills, like I did. 

What do you do to prepare yourself for your pets medical bills, planned or not?  Do you rely on your Credit? Do you have pet insurance?   If so, has it been worthwhile?