Once you have kids, you start to realize how many things there are in the world that are geared toward nurturing your child’s brains and bodies. Especially as your toddlers transition to kids, and then tweens and teens, some of those activities can be great for doing more than adding to the “wins” column. Competition is great, but there are the skills built into those activities, such as developing hand-eye coordination and muscle strength. There are teamwork skills to learn in sports, for example, and creative opportunities in activities that are geared toward the arts.

There’s no problem with those activities, but there is a problem with how much all of those things cost. It’s increasing for families—for some, as much as 10 percent of their income. So what are families to make of that increase and how important are those? This graphic helps to explain it and guide you through the issue.

Infographic: Funding extracurricular activities for kids

Original Source Credit:

https://www.discover.com/personal-loans/resources/major-expenses/funding-childrens-extracurricular-fun/

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