If you have decided to get a puppy, get ready for a lot of fun and love. Puppies are a great addition to the family but don’t forget it is a huge financial commitment. From the initial costs to the day-to-day life of your puppy, you will be spending a lot of money especially in the first year of ownership. Here are 3 expenses you need to take into account before getting your four-legged friend. 

Medical

In the first year of life, your puppy will need to go to the vet about 3 to 4 times. These visits will make sure your puppy is growing up to be a strong and healthy. A vet visit can cost around $50 to $200. Add on the vaccinations and tests to the base cost and you could end up paying even more.

Another medical cost to keep in mind is medications you may purchase to prevent your dog from getting sick such as flea and heartworm control. Pet owners spend an average of $24 and $500 per year on these medications. Lastly, the neutering or spaying procedure can cost you $200 or more. If you adopt your puppy, a lot of shelters include the spaying or neutering procedure in the adoption costs. These bills may seem overwhelming but talk to your vet about options. Some clinics have payment plans you can get on to space out the cost so you are not throwing out chunks of money at a time.         

Daily Life

Your puppy will need more than just your love and devotion to live their daily life. They will need food, equipment, and grooming to be healthy and happy. Food is an essential cost that will continue throughout their entire life. Don’t just pick the most expensive brand of food because it says it is the best. Do your research and find the dog food that works in your budget and fulfills your dog’s needs. Your dog’s equipment includes a leash, collar, harness, toys, crate, and more. Your equipment costs will be high at first because you are getting your dog set up with everything. One way to save is to ask your friends with dogs whether they have any extra items that their dog does not need anymore. 

Boarding  

Once your puppy is fully vaccinated, you have the option to send them to daycare or board them if you are traveling. A great way to socialize your dog is to put them in daycare while you are at work. They will be able to get their energy out and not be left at home alone for an extended period of time. The average pricing for doggy daycare is between $12 and $38 for a full day. Make sure to look into multiple spots to compare pricing. Check if they have payment packages that can cut down on costs.

You may need to board your dog when you go on trips. The average cost for a 5-night long trip is between $200 and $800. One way to save is to ask friends or family to dog sit your puppy. This way your dog is comfortable at home and you can work out a reasonable price. 

As you prepare for your new four-legged friend, make sure you are developing a budget to cover all of your pet’s needs. A great way to cover the initial costs of your puppy is to start saving now.

Open a You Name It Savings Account at Velocity Community Credit Union. This is a short-term savings account that is an easy way to gradually save until it is time to bring your puppy home.          

Source: Petfinder