Pet expenses can get out of hand fast. One surprise vet visit, a round of meds, or another “how is this so expensive” moment and suddenly you’re stressed and scrambling. In this episode, Certified Financial Planner Joe Okaly, @nhwmllc , breaks down a simple way to plan ahead so your pet costs stop feeling like emergencies.
You’ll learn how to understand your real monthly costs, decide between pet insurance and self-funding, and set up an easy “pet fund” that grows on autopilot.
If you’ve been feeling overwhelmed by rising vet bills or day-to-day pet expenses, this conversation will help you get back in control.
Chapters
00:00 Planning for Pet Expenses
02:14 Understanding the Financial Commitment of Pet Ownership
04:59 Acknowledging and Preparing for Pet Costs
08:10 Creating a Financial Framework for Pet Care
10:51 The Importance of Saving for Pet Emergencies
14:34 Pet Insurance vs. Self-Insurance
17:30 Reassessing Financial Plans for Pets
20:49 Automating Savings for Pet Expenses
24:50 Starting Small with Savings
27:31 Overcoming Financial Anxiety as a Pet Parent
Connect with Joe
Instagram: https://www.instagram.com/joe.okaly.finance/
Facebook: https://www.facebook.com/profile.php?id=61571485276280
LinkedIn: https://www.linkedin.com/in/joseph-p-okaly-733b6b90/
Resources: www.thefinancialpinwheel.com
New Horizons Wealth Management: www.nhwmllc.com
Book: https://www.amazon.com/Financial-Pinwheel-Building-Perpetual-Machine-ebook/dp/B0DJG2FH3L