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By Samantha McClean | Citizens Bank Staff
Did you know that 98% of pet owners significantly underestimate the lifetime cost of pet ownership? However, 93% of them say that the decision of owning their pet makes them happier. So, even though you may end up spending seven times as much as you originally expected to, here are some reasons the price of owning a pet might be one you’re willing to pay.
Whether you’re moving into a place of your own, adding to your family, or trying to fill your empty nest, a pet guarantees that you’ll never be alone. Coming home to an unoccupied apartment, house, or condo will never have to be a concern. A pet’s loving face is always there to greet you — and they’ll never hide their excitement, either.
No matter the type of pet you choose, each one will require a lot of work. Think of them as another “person” to take care of. You’ll have to clean up after them, feed them, bring them for checkups, and — most importantly — love them. The list may seem long, but each part helps teach an owner the responsibility of caring for another life.
We all need a pick-me-up here and there, and pets can easily help with this. To them, every day is a new day and they want it to be a good one. When pets sense that you’re sad or anxious, they often know just what to do to cheer you up. Plus, studies have shown that pets can help alleviate stress.
If you’re ever looking for an ice breaker when meeting new people, lean on your pet to do the heavy lifting. Their energy and love for human interaction breaks down barriers and creates topics to jumpstart conversations. Whether you’re meeting new people in your neighborhood or outside of your regular circle of friends, pets can provide that extra boost of confidence when communicating with others.
With a busy schedule, it can be hard to stay active. A pet’s live-in-the-moment attitude and ongoing playfulness — as well as their own need for daily exercise — will provide the motivation you may need to get you moving. Walking, running, hiking, and swimming are great ways to keep both you and your pet heart-healthy.
The benefits of owning a pet can be vast, but it’s important to remember your dog, cat, rabbit, or even fish can be costly. When choosing the right pet for your home, keep these three tips in mind:
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