The pet care industry has seen significant growth as pet owners are increasingly treating their animals like humans, leading to a surge in spending on high-tech animal medicine. This trend has resulted in the emergence of specialized financial services for pet care expenses, with some individuals facing challenges in paying off debts due to high interest rates. Experts caution that excessive humanization of pets may not always be beneficial for the animals or their owners.
People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions. https://t.co/hlz8cl9XAZ
People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions. https://t.co/PljfFGxOhB
Many animal hospitals are now employing social workers to help ease the stress, worry and grief that can arise when a pet needs medical care https://t.co/ibpRRyob22
Is having a pet good for you? The fuzzy science of pet ownership https://t.co/ZWzk31XHDV
"Pet owners are treating their animal charges ever more like humans. But that isn’t good for pets, or for us, many experts argue." https://t.co/0GBkQhGE1t
Pets make for the best financial advisers and motivators. They force you to be more mindful about your spending, study shows https://t.co/7NW2LdRHQE
How Pet Care Became a Big Business "The M.R.I. scan... nearly $2,000, which Ms. Massey put on a specialty credit card she had learned about at a previous vet visit. That was in 2018. She is still paying off the debt, with more than 30 percent interest." https://t.co/spSgERbmIV