What I’ve Learned from My Dog About My Finances Ahead of Having My First Child (By Guest Blogger, Jacob Evans of Dollar Diligence)

I do not have a child, which you probably inferred from the title of this article.

Do I want one? Yes.

Am I ready for one? I think so.

Whether I really am or not, I can tell you this, my dog has helped me prepare mentally
and financially for my first child when me and my wife are ready for one.

Mentally by helping me learn patience and what it’s like to have a 24/7 responsibility. I
had to stay patient when my dog was a puppy and wasn’t potty-trained (it was very
hard) and I always had to consider how my dog would be fed and walked every day.

Financially by teaching me to consider the future and start preparing for it. For
example, I knew my dog had a predisposition for hip problems and certain diseases. I
knew if I had to pay for these alone that I would have to pay for a big bill so I went
ahead and bought pet insurance.

I have actually already started planning for my first child by starting to save for his or her
education. I know first-hand how bad student loan debt can be, and if graduates today
have over $27,000, then I can’t even imagine how high it will be when my child
graduates. I hope to help my child avoid student loans altogether if possible.

Below, I will talk to you about how my pup has helped me plan for the finances that lie
ahead of having a child because you know, you can never be TOO prepared ahead of
time.

Devoting Attention to the Dog

One of the many things that I learned and that will help me once I do have a child is that
I must devote time to my dog. If I do not, my dog will not thrive and he will eventually
start to destroy my home in an effort to get my attention. It is important that I make sure
I take time to walk my dog and even play with him out in the backyard because if I do
not, he will be hyper and rambunctious the entire night.

While a young child may not be as rambunctious as a dog without play or a child may
not chew up your furniture, you do need to devote time to your child and work on
training them. Your child will only thrive if he or she has one on one time with his or her
parent. You will need to learn to set time aside and so will I. I cannot be consumed in
my work or in myself all day and neglect to provide my baby with the attention that he or
she needs.

Having a dog has opened my eyes to how much I do focus on myself and how much
change will need to occur when I do decide to have a child with my wife. Of course, I will
move mountains to make time for my child, but having a dog has helped me realize just
how short the days can be.

Providing for the Dog in More Ways Than One

When it comes to a dog, you cannot just purchase or adopt one and then be done with
it. They do not take care of themselves and a child will not be ready to take care of
himself or herself for a while either.

Owning a dog comes with a lot of responsibility. For example, you will need to provide
food and water for the dog. I cannot just avoid feeding and hydrating my pup because I
am pressed for time. I NEED to make sure that he has enough food and water to
sustain him while I am away from the house. In addition, when he runs out of food, I
need to be able to go out and purchase him more.

Another thing to think about is insurance. Though it’s hard to tell if it’s worth it or not, I
have purchased insurance for my pet because I do not even want to think about what
could happen if my pup was hit by a car and we could not afford the care needed. I
have made sure to purchase a policy that protects my dog in events like that, so that he
can visit the vet when needed and I do not have to worry about emptying everyone’s
piggy bank to make it happen.

Lastly, entertainment is another expense on the list. While I will need to provide much
more entertainment to a child over the course of their life, a dog is not much different. In
fact, whenever I want to take my dog out to the dog park to play fetch, we have to drive
10 minutes one way, which also means I need to use gas to do so. These entertainment
trips may seem small and inexpensive, but over time they start to add up.

A Pet Prepares You for a Child

If you have not realized it by now, a pet can truly prepare you for a child. Just like a dog
needs food, water, insurance, shelter, and entertainment, so does a child. As you take
care of your pet, try to think of ways these actions would apply similarly in a situation
with a child. I know my dog has allowed me to open my mind and see how much work,
time, and devotion it takes to raise a child.

Jacob runs a personal finance blog called Dollar Diligence where he tracks his journey
to financial freedom. For more advice and articles, you can find him on Twitter.

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