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Elite youth sports spend climbs as families chase scholarships
The Davis family traveled from Dallas to Scotland to watch son Ian at the US Kids Golf European Championship, amid rising yearly youth sports costs. A TD Ameritrade survey shows nearly 20 percent of US families spend over 12,000 dollars annually per child, with many cutting back on vacations and retirement savings. Experts warn most families see little financial return and urge prioritizing retirement and emergency funds before sports expenses.
MENTIONED IN THIS ARTICLE
Judy Carter Davis
Dwight
Scotland
Edinburgh
St. Andrews
Ian
Royal Musselburgh Golf Club
Davis
Dwight Davis
Nications Technology Company
Dallas
Orlando
Bishops Gate Golf Academy
Montverde Academy
TD Ameritrade
U.S. Census Bureau
USA Today
Mike Trombley
Duke University
Minnesota Twins
Trombley Associates
Wilbraham
Mass
Trombley
NCAA
Travis Dorsch
Purdue University
Cincinnati Bengals
Families In Sports Lab
Utah State University
Mark Hyman
George Washington University
Hyman