Like many this week, my thoughts and prayers were with those who have suffered in Boston, MA and West, TX. These events are reminders that what truly matters are the people that we love, not the stuff that we buy (or in some cases borrow to buy).
This site is called Couple Money and talks about finances, but the first part is couple – family first.
Money is simply a tool, a powerful one at times that can be used to provide for and help one another.
If we let it, it can also get us into debt, causing us to lose sleep, spending less time with our loved ones, and having us working simply to keep up with the Joneses. It’s not worth it.
Put your family first; evaluate if you really need all this STUFF. You may find that you can do with less junk so you have more time and happiness with your friends and family.
I hope the posts you read here help you get your finances in order and get more options so you can use your money for lasting good, whatever that is for you.
Favorite Personal Finance Posts This Week
Here are some personal finance posts I enjoyed this week. To get all of my Twitter updates as they happen, please follow me here. I’m going to just share a few of favorites:
Can We Break This Spending Cycle? Do We Want To?http://buff.ly/158Z2G6 @freefrombroke : Kind of touching on what I just finish discussing, Glen covers how to cut the spending cycle and embrace frugality that fits you and your family.
Ten Reasons to use Beer Brewing Software @beersmith http://buff.ly/16QwoHK: Yeah, I got the brew bug, I’m using this handy tool to convert some recipes as we’re looking at exploring a bit more with home brewing. We’ve done 4 batches to date and I plan on getting 2 more done this week.
As you probably guessed from this post’s title, we had some vet bills that have made me seriously look into getting pet insurance. First let’s start with the good news. After taking home our new kitten home we took him to the vet for a look-over and to get his rabies shop. He’s in great shape and he was completely sweet with everyone in the office.
As we checked out I went ahead and made an appointment for our grumpy (but lovable) old cat. He needed a refill on his prescription. Since he gets really anxious and stressed out with the vet, he had to be sedated for the exam.
Senior Cat, Senior Problems
It looks like our big boy has even more reasons to be grumpy. His blood work results revealed that he needs medication for his thyroid and his exam indicated that he has some arthritis in his hind legs.
For his thyroid, our options are:
Pills ($25/month): Cheapest of all the options, but right now Cookie has a hard time sticking with his own food bowl.
Ear-gel ($35/month): A bit more expensive, but this is actually a better fit for us as it would be easy to administer and keep away from the kitten.
Diet (?): The vet also mentioned that if we can get our cat on a very strict diet, that may ease the problem. However he cannot deviate from the diet at all the kitten can eat any of his food. Right now we’re still trying to get them to not raid each other’s bowls, so we have to pass on this option at temporarily.
Radiation($1,500): A one time fee to pay for treatment. I didn’t hear much else that the vet said because this was way out of our budget.
He has also has some dental work that should be done soon, but the vet wants to get his thyroid issue under control before she gets the extraction done. Based on his extraction last year, that will set us back by almost $200. As you can see, things are getting pretty pricey around here.
Our vet mentioned that while we can’t get our older cat insured (drats!), we should look into getting a policy for our kitten.
Scouting Out Pet Insurance
Like we do with car and life insurance, it was time to shop around and see what deal we could get for pet insurance. There are a few major companies, so I decided to visit their sites and see if I could get a quote from them.
VPI Pet Insurance: Our vet suggested that we check this company out as the office has worked with VPI for a quite a bit. Insurance policies range from $12.20/month – $16/month. You can add routine visits for about an additional $12/month.
24PetWatch: When we adopted our kitten the shelter micro-chipped him using this company’s services. It turns out they also offer pet insurance. They have 3 packages and it ranges from $16.95/month to $23.95/month with a $100 deductible.
Pet Care: J from Budgets are Sexy mentioned this company when he was looking at pet insurance quotes himself. They had the most policy package options from very basic to complete care coverage ranging from $9.95/month to $42.95/month.
After look at the costs, I’m still on the fence.Part of me wants to wants to stash a bit of money in a high interest savings account and only dip into it if we need it down the road. The other part worries that Cookie may get similar health problems when he’s older and it’ll be taking a big chunk of our money. The good news is that our older cat’s problems have just recently surfaced. Up until last year he’s had over a decade of pretty minor ailments.
Thoughts on Pet Insurance
I have to ask your advice on this – do you think pet insurance is a good deal or are we better off saving bit by bit now for future expenses? Do you currently have pet insurance for your furry friends? If you do have insurance, who is it with and are you happy with their service?