Sports commitments take toll on family wallets

The 2012 Olympic Games may be aspiring a lot of young athletes, but a sports commitment can take a big financial toll on their parents.

NEW YORK - The 2012 Olympic Games may be aspiring a lot of young athletes, but a sports commitment can take a big financial toll on their parents.

Kiplinger's Personal Finance advises parents to take things slow when their budding Olympians want to dive into a new sport. It also suggests starting out with used sports equipment in case a child loses interest.

Other ways to save money include car pooling to practices and games, and finding out what youth leagues or gyms offer a family discount.

advertisement | advertise on News 12

Trending Video

Activists say they want the city to retract 1 Residents converge to protest Bedford Armory Development
The Brooklyn Academy of Music is hosting a 2 New Brooklyn Academy of Music exhibit features virtual reality storytelling
The Merrick native is working one-on-one with 20 3 Debbie Gibson helping to make kids' musical dreams a reality
Lilac Chocolates celebrated National Chocolate Day in Industry 4 Brooklyn chocolatier celebrates Nat'l Chocolate Day
Software developer Josh Mass-Howard says he does not 5 Organizers: 'Hack the Ban' aims to fight immigration discrimination

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE