The Modern Fitness and Sports Craze: Is it worth it?
Most American families have their kids in a sport of some kind; be it soccer, football, basketball, maybe baseball, or perhaps ice hockey. Some kids are in their local Boy or Girl Scout Club. Young men and women are taking Yoga lessons, and the list goes on and on; the cost goes on and on. This football helmet, that baseball glove, the trip to the adjoining state for a game. Is it worth the money?
Studies show that most families that have children involved in sports spend about $5000 annually. What an incredible waste (not to mention money spent on entertainment!). They could have saved the money for college, or, better yet, have saved it for that car and house they dream for… debt free.
Lets see what a YMCA membership costs; for a youth like me, it would cost $240 annually in my area. Multiply that a couple times for each of your siblings or children, and that becomes almost a thousand dollars! Then, what happens when you are running a 5k and you fall and break your arm, or sprain your wrist severely? The Emergency Center is more than likely your next stop. Then, add to that opportunity cost the other costs, like having a personal trainer at your local gym, lessons with others, and other such costs, you are probably spending far more than you should!