A new LendingTree survey of 1000 parents finds the 70% of parents say that their children are involved in at last one extracurricular activity.
The most popular activities:
- Sports teams (57%)
- Music (44%)
- Dance (42%)
- Gymnastics (28%)
- Cheerleading (17%)
46% of parents say they have stress over how they’ll pay for those activities. 79% of parents have actually gone into debt at some point to pay for their kid’s extracurricular activities!
But apparently a lot of parents feel like this is an investment. In fact, 87% are hoping the activity will lead to income for their child!