Study: Parents Spend $671 a Year on Kids’ Sports
When my two girls were growing up they were involved in soccer, softball, and bowling. That's just scratching the surface for some families I know.
With every sport comes increased costs to mom and dad for registration, equipment, and travel. Like every thing else in the world the cost keeps going up.
According to a new study from RetailMeNot.com, U.S. parents spend $671 a year on sports-related costs for a child, but 21 percent of parents spend more than $1,000 per child!
So which sports are the most expensive:
The biggest expenses:
1. Uniforms and appropriate sports apparel (28%)
2. Sporting equipment (27%)
3. Team dues (17%)
4. Travel (11%)
5. Sports camps (7%)
With more and more kids playing these days, there's one thing parents should strongly consider playing: the lottery!