“They could be using that money to save for college.” Parents’ spending on the highly competitive world of youth sports is skyrocketing.
Spending on youth sports soars as families chase scholarships and roster spots for their sons or daughtersFor much of the past decade, Richard Ness traveled with his son
Chip, a youth wrestler, to events around the country. He estimated he spent “likely close to six figures” on his son’s wrestling career.Mr. Ness, a financial adviser in Duluth,...
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