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Voted Thanks!
81% of parents believe that that their kids’ extracurriculars will someday generate income for their kids.
Perhaps, unsurprisingly,
94% of parents paying off debt for their kids’ activity feel this way.
46% of parents spend more than $1000 per year on such activities–while…
27% spend more than $2,000. Yet…
64% of parents are stressed out over the costs and paying for these activities.
62% have acquired debt to pay for these extracurriculars–and…
33% are still paying it off–which for…
10% is an amount over five grand!
52% claim they spend more than they should on these activities, yet…
48% don’t regret it.
Source: LendingTree
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