From 2013 to 2018, total expenses on pets increased by 50%, according to new research from Magnify Money.Wealthy Americans also heavily invested in pets — their spending increased by 70%.Americans love to pamper their pets — and animals rule the world now more than ever.
What are Americans giving up to spend money on their furry companions? Well, Americans spent more on pets in 2018 than they did on fresh fruit and veggies, alcohol, beef, pork and poultry, water, and even medicinal drugs. Niche services and industries, ever attuned to what their customer wants, have began noticing what their customers want — and what they've noticed is how much they love their dogs. Do you want your dog at your wedding? There are plenty of professionals to help you do that, for a price.
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