Reply to Can we discuss the cost of competitive sports?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One thing that I've recently asked myself: what if we had invested all the money we spent on travel sports into a UTMA for our kid?  The total amount would likely exceed $200k with market growth, and it would continue to grow.  That would be enough to fund a house down payment someday.  Was it worth it?

Fortunately, we didn't play travel sports at the expense of saving for college, but there were tradeoffs.  [/quote]

Did your kid have FUN? More fun than watching their college savings grow?[/quote]

So money's main purpose should be fun?  I mean, I like it in theory.  Maybe we should've spent the travel sports money on travel that was fun for the whole family, like longer, more fun ski vacations, learning to scuba dive and surf, and seeing more of the world together.

I don't know, but it was a lot of money on a sport that I don't think changed their character or life trajectory more than a less expensive sport might have.  I know some people don't like to look back and wonder, but I don't mind doing it out loud to help younger parents think a little harder.  [/quote]

Who said anything about main purpose?

But yeah, I work and earn money so that I can actually enjoy my life, and I want the same for my kids. [/quote]

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