How to Avoid Spending a Fortune on Your Kids’ Extracurricular Activities

You won’t have to go into debt for your children’s extracurricular activities . At the same time, no parent wants to deny their child’s dream of playing football, hip-hop or karate – after all, who doesn’t need an extra black belt at home?

Even if their dreams are short-lived, extracurricular activities such as sports, music lessons, art classes and more provide children with invaluable experiences. Unfortunately, the reality is that this invaluable experience comes at a cost that quickly adds up . Use these tips to keep your budget in check while allowing your child to pursue his own interests.

Do your research

Your child may still be in school, but you also have work to do. Many community centers, parks, libraries and schools offer affordable or even free after-school activities. Check their websites or call to see what’s available. For example, your local YMCA or park district may have sports leagues, or the library may offer free music or language lessons.

Also look into activities offered by community or non-profit organizations such as Boys and Girls Clubs of America, 4-H clubs and churches. And be sure to check if your employer offers discounts on classes or memberships as an employee benefit.

Buy used consumables and equipment

From tools to uniforms and equipment, gently used equipment costs significantly less than buying new and performs just as well. Check online marketplaces in particular for local deals on high-quality used items.

In the equipment department, you may have to practice saying “no” to your child. Before you fall for all the marketing tactics of selling you fancy cleats and tools, find out if the equipment is actually necessary before you buy.

Fundraising

Many after-school programs organize fundraisers to help families offset expenses such as transportation. Get involved by inviting your child to participate in sales or fundraising events. This allows everyone to contribute.

You can also organize your own fundraiser by registering friends and family to sponsor your child. Even small donations of $5-$20 from a few people add up. Offer to promote donors’ businesses or leave thank-you notes in return.

Maximize the number of tools at hand

Younger siblings, cousins, teammates and neighbors may have uniforms, tools, equipment, costumes and other accessories that no longer fit or need them. Ask around to save on purchasing these items each season or school year.

When in doubt, just ask

Even if you don’t see any discounts clearly advertised, it can’t hurt to ask. Here are some types of discounts to try and negotiate:

• Referral Discount: Find discounts for referring friends and family who also sign up for classes.
• Group Discount: Enroll your child, their siblings or friends for a group discount.
• Returning Student Discount: If you have proven that your family is loyal and committed to the activity, the organizer may be open to a deal to ensure that your child does not have to drop out.

With a little creativity and careful planning, you can keep extracurricular activity budgets under control. Your child will still benefit from this enriching experience as long as you maintain your financial goals.