Oyin Adedoyin
speaker
1,572 appearances
36 recordings
1 series
first heard Mar 2023
last heard Feb 2025
Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.
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Appearances
But the majority of parents who do put their kids in these extracurriculars do hope for some kind of return of investment, whether that means their kid gets an elite college scholarship or they get some kind of career opportunity out of this.
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Return on investment on your kid.
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That's a funny way to put it.
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Well, they said to expect costs to rise every year, no matter what the activity is.
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And that's definitely what we're seeing in the data.
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But they also recommended that parents be proactive.
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One financial advisor sets aside $300 every month for her kids' extracurriculars.
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And if that money isn't all the way used one month, then it rolls over into the next month.
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Financial advisors also recommended getting things secondhand from parents who have already had their kids go through a sport or activity.
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But this isn't the end-all be-all.
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At the end of the day, it's an extra expense, and some parents don't believe that it's necessary.
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Sarah Arrows, one of the parents that I spoke with for this story, told me that she never wanted her daughter to feel overwhelmed with extracurricular activities because she knows that children can have a perfectly great life if they don't do anything extra.
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My extracurricular activity was cheerleading.
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And funny enough, I had to stop a couple of years in because I wanted to get a part time job.
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So it's definitely one of those things in high school, you know, the kids that have been doing this for years and they have certain skills.
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And it's definitely an extra cost if you want to get more advanced in that thing.
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It makes it a lot more lucrative to keep your money in one place or a couple of places.
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And that includes CDs, high-yield savings accounts, bonds, things like that.
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The Fed is trying to raise interest rates in order to curb inflation and keep people from borrowing and spending money.
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So it makes that process more expensive.
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Showing 1081–1100 of 1,572 · page 55 of 79
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