Having a pet can be a rewarding experience for kids. It teaches them responsibility and empathy. However, you need to set clear expectations before bringing a new pet into your home.
“Mom, can we get a dog? Pleeeaase?” You’re looking at the same adorable puppy in the window, and you can’t help but think, “Why not?” Maybe you had pets growing up, maybe you always wanted one, or maybe it just seems like the thing to do. On the other hand, you might not be so enthusiastic, but you’re considering it because you think it might be good for your kids. Whether furry, feathered, or scaly, having a pet can be fantastic for families.
A pet is a serious commitment
Your child’s excitement about having a pet may likely wane after it has been in the house for a few weeks-or even a few days. Make sure your child understands that having a pet is a long-term commitment. You’re bringing a living creature into your family, and you need to be prepared to work together to take care of it (even when it’s not fun).
Who’s doing what?
Pets are a great way to teach your kids responsibility. Feeding, walking, cleaning-animals have needs to be met, so these are chores that really matter. Make it clear that you’re not going to do them all yourself when your child doesn’t feel like it. As a family, you can designate who is going to do which pet-related chore. If you’re going to take turns, talk about how the rotation will work. Be prepared to insist that those responsibilities are met.
Before bringing a new animal home, you’ll want to ensure your home can provide a safe environment-both for the animal and the people. Talk with your child as you prepare your home for your new pet. Maybe you don’t have a fence, so everyone needs to understand the dog has to be leashed when outside. Maybe you have a baby that needs to be kept away from the cat. Establish rules for keeping the pet in or out of-certain spaces.
Get excited together
Pets can offer emotional support and create an opportunity for children to develop empathy. Make your child a part of the process as you choose your pet, prepare for it, name it, and bond with
- Research the species of your chosen pet together and learn about its dietary, environmental, social, and other needs.
Counting the cost
Owning a pet costs money. Sometimes, a lot of money. Annual expenses that include food, treats, training, and vet visits can sometimes amount to more than you were expecting. Contact me so we can make sure you are accounting for these new expenses before you bring Fido home.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. This material was prepared by LPL Financial, LLC. Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity. Securities and insurance offered through LPL or its affiliates are:
Not Insured by FDIC/NCUA or Any Other Government Agency | Not Bank/Credit Union Guaranteed | Not Bank/Credit Union Deposits or Obligations | May Lose Value | Not Insured by FDIC/NCUA or Any Other Government Agency.
Tracking # 1-0512319