How much money should you spend on your pet? I have never given it much thought…I do the basics…my dog has more than most; a doggie Health & Dental plan with Banfield $29.95 monthly, nutritious dog food $10 monthly and he gets to roam the entire house. Yet, my monthly budget spreadsheet was incomplete. I did not allocate incidental expenses for my dog? In the future, I will have to reassess budgeting for our dog Baxter and I highly suggest you do the same if you have a pet. I love our dog Baxter and he is part of our family… we have to take care of him. As your pet gets older they will become prone to diseases and/or unbreakable bad habits…like our beloved pet Baxter. Baxter is so greedy and would prefer to eat human food than his very expensive and nutritious dog food…costing me on average an additional $250 a year on his Veterinarian treatments. During Thanksgiving break Baxter was determine to eat some turkey and found his way into my BFF home’s compost and became extremely sick…basically dog food poisoning. So, if I didn’t have the Banfield plan it would have cost $647 instead of $250 and I would have paid it!