Considerations In Puppy Parenthood

Today, after spending some time at John's, Mike declared that we were going to get a Poodle puppy. I didn't bat an eye, but asked him if he was ready to invest a ton of time, energy and money into a pet to which he just kind of stared at me.
Puppies require a ton of time and energy to be invested in them in order to ensure they end up being well behaved and well adjusted members of the family.
Puppies also take a ton of extra money beyond their purchase price. Things like health care, room and board and all the incidentals add up really fast.
I am not against having a Poodle dog, I just want to be sure we aren't making a decision like adding a pet to our family just on impulse. This is a huge commitment and we should weigh the decision carefully.