Dec 13, 2013

Dogs and dollars

Sharing your home with a dog (or any other pet) is priceless. And sometimes priceless can be expensive. Before you adopt your furry bundle of joy, make sure you understand the full extent of the financial commitment you're taking on.

Starting with the adoption fee, which can range from $0 on special adoption days to $400+ depending on the breed and rescue organization you're working with.

Food and vet care costs are ongoing and the latter can be surprisingly and unfortunately pricey. Be ready not only for the relatively cheap annual check-ups but also the unpredictable emergency expenses, which can be hundreds and even thousands of dollars. Look into insurance - it works for some, not for others so make sure and do your own research.

Also, don't forget the treats, leashes, and toys you might splurge on throughout the year. Training and grooming are some of the other recurrent costs that sneak up on owners. If your schedule calls for it, then you might need pet sitting, dog walking, or boarding services which can cost you between $20-$100 per day.

There are other expenses, of course, and here's a great chart that provides a detailed breakdown of first-year and consequent pet care costs.

Remember that your new doggie will rely on you, not only for your love, attention, and time, but also your wallet. So make sure you're ready!

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