Five ways owning a pet boosts your bank account

MILWAUKEE -- We know dogs are man's best friend -- but could they be your wallet's best friend too? Sure they're expensive to take care of, but it turns out they can also treat your budget. Local financial professional, Nick Foulks with Drake & Associates, joins Real Milwaukee with five ways owning a pet can save you money.

Besides adorable, pets can be pricey- average dog owners spend $8,000 over the animal's lifetime.
• There are many obvious cost of owning a pet - like food and toys.
• But there are expenses some people don`t think about like boarding your pet if you travel or emergency care for your pet.
• During your pet`s lifetime, emergency care bills can range from $3,000 to $4,000
• Before buying a pet, it`s important to consider all the costs.