Sunday, December 18, 2011

Youth Sports Costs: Investment or Gift?

Crazy Youth Sports Parents Series

Watch the video below about angry youth sports parents. The video suggests that many youth sports parents view time and resources spent on their kid's athletic endeavors as investments with a future payoff. Parents with this view will be a constant thorn in the side of their kid's coaches to make sure their kids get extra playing time, prime positions, better training, etc.  These parents will also ride refs and umpires who "unfairly" treat their kids. And they will even argue with other parents if their kids do not help the angry parent's prodigy succeed by passing them the ball, setting a pick, etc.




Do you view the time and money you spend on your kids as

1) An investment with a future payoff (College scholarship or pro contract)
2) An entertainment expense for you kid and your family.
3) A gift that a) builds confidence, b) teaches the value of teamwork and leadership, and c) keeps your kid physically and mentally fit.
4) A day care option which allows you to drop your kid off so you have time to do the things you deem more important (i.e. work, golf, shopping, socializing with friends, etc.)

The Main Point

The chances of getting a college scholarship are extremely low, especially a full ride. The chances of playing professional sports are even more remote. So, I, for one, am not banking on it. I do not expect a future financial windfall from the athletic careers of my kids. I spend a considerable amount of time and money on youth sport for two reasons.

1) I am giving my kids a gift that will keep giving. Participation in sports teaches so many valuable life lessons. Lessons that will benefit them in academics and in their professional careers.
2) I also view youth sports as pure entertainment for my kids, for me, for my entire extended family. There is nothing that I would rather do for entertainment than watch my kids play sports.

If my kids get college scholarships and / or play professional sports, that would be a wonderful surprise and bonus.

7 comments:

  1. Most of the parents that we coach and train look at the experience as a gift. That is why at SOG Athletics, we focus not only on basketball development but also teaching our student athletes about life skills and lessons that prepares them to be a better person on and off the court.

    Great article! I will definitely share this.

    ReplyDelete
  2. Great article. This soccer coach would like for the crazy parents -- you know who you are -- to stop putting so much pressure on children and just let them play.

    ReplyDelete
  3. Thanks Jen - Statsdad readers - Jen is a terrific mom blogger. She created a funny video about select / travel soccer that inspired a post earlier this year. http://www.statsdad.com/2011/01/youth-soccer-crazy-youth-soccer-parents.html

    ReplyDelete
  4. Sooo goood post i like your blogger because it is talking about Finance news and i have too Blog speaking about investment plans for children and anything related to Finance Ideas Finance definition, Finance calculator, Corporate finance, Finance degree, Finance jobs, Finance manager, Finance articles and Finance stocks thanks again Blogger Admin ,,, Investment-Plans.Info

    ReplyDelete
  5. This is a very good blog! I have enjoyed reading it very much and will book mark the site. I hope you continue with the excellent posts. Enjoy

    ReplyDelete

Followers

LinkWithin

Related Posts with Thumbnails