If you’re thinking about buying a new puppy, then the first thing you need to know is that it will require an investment of time and money. You might be wondering how much it will cost, so we’ve put together this list of six financial tips for the puppy finances you want to consider before taking on the responsibility of pet ownership.
Know if You Have Enough Space
Puppies like to run around, so it’s very important to be able to provide them with enough space. You need a big backyard or house if you want your dog to run around and play. Otherwise, they might start chewing on things like the furniture legs. If you’re unable to provide this kind of environment for them, then maybe think about adopting an adult dog instead that has already been house-trained.
Cost of Food and Supplies
The average annual cost of owning a dog is $670, but that number can vary depending on the size and type of dog you have. Be prepared to spend around $50-$75 per month on food, toys, treats, bedding, and other supplies. If you already have a dog, then you might be able to share some of these items with your new pet.
Cost of Veterinary Care
The costs can add up quickly when it comes to taking care of your puppy’s health and well-being. Be prepared for routine check-ups at around $50-$75 per visit or more if your pup is sick. You also need to factor in the cost of vaccinations, heartworm medication, and flea treatment.
Be Prepared for Emergency Situations
Like with any living creature, there will be times when your puppy gets sick or has an accident requiring emergency veterinary care. Be prepared to spend at least $500-$1000 per year on routine medical care and more if there are any severe emergencies.
Set Aside Money for Training
Puppy training can be a costly but necessary investment. Sessions with a professional trainer will typically cost $50-$100 per hour, so be prepared to spend at least a few hundred dollars on obedience training.
Afford Clothes and Snowshoes
Their little paws can get cold during the winter, so it’s a good idea to invest in some clothes and snowshoes for your pup. You can find plenty of cute dog clothes out there, but they will typically run you about $15-$30 per outfit.
The Bottom Line
Now that you know the financial costs of owning a puppy, you can make an informed decision about whether or not it’s the right choice for you. Just be sure to factor in all of the associated expenses so that you’re not caught off guard down the road.