Adding a new pet bird to your family is much like the addition of a child. According to www.Kiplinger.com, new parents should have a financial plan to prepare for a new arrival. Pet bird owners can follow a similar strategy.
Bird Budget Tip 1 – Shop Right
Budget and shop for all of your bird’s necessities long before it comes to its new home. Do your best to stay within your budget and not overspend. Most of the initial costs of your pet bird level off once your new bird gets settled in its new home, but be aware of ongoing expenses such as food, toys and vet care.
Bird Budget Tip 2 – Trust-Fund Birdie
With more birds living longer, owners may consider setting up a special trust fund for their birds to make sure they’re taken care of in the event that the owners are unable to care for them. Decide how much you would like set aside for your birds in a will or a trust as soon as your new pet bird arrives. For more information on wills and trusts, check out “Plan For The Future” (“Your Bird, Your Money,” May 2007).
Bird Budget Tip 3 – Budget For The Big Items
Cages, food, toys and veterinary care make up the bulk of a bird owner’s costs and should be saved for accordingly.
Bird Budget Tip 4 – A Penny Here, A Penny There
Save for purchases by opening a special, bird-specific bank account, or toss loose change into a jar each evening. Use a low-interest credit card specifically for major pet bird purchases, and pay it off quickly to further lower the interest charges.