The total that both websites come up with is that the total cost of owning a pet for the 1st year is $1200-$1500. Wow! The key takeaways from this investigation, for me, are shown below.
1) Before buying or adopting a dog, be certain that you can financially committ to the animal for its lifetime. This could indicate that you will spend ~$10,000 total over the lifetime of the animal.
2) Determine if you are capable of getting the emotional return on investment from having a pet. Make sure that you truly will enjoy it and are not just doing it “because everyone else is,” etc.
3) When buying pet products, SHOP, SHOP, SHOP, and COMPARE, COMPARE, COMPARE. There will no doubt be a wide range of product/price alternatives to consider. Also, realize that many times, products sold at discount stores such as Wal-Mart or grocery stores can cost significantly less than the same products at fancier pet stores.
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