Is it Hockey vs Education? Find out #BeyondtheBlueline

#BeyondtheBlueline

Like many families, our children were involved in a variety of extracurricular activities while they were growing up.  We felt these activities played an important role in their personal development and provided opportunities for building confidence and maybe even finding something they were passionate about.

For our kids the activities were baseball, soccer, brownies, figure skating, basketball, ballet, softball, and the list goes on!   We have two children, in addition to the activities already mentioned they also both played the very expensive game of hockey. One at a provincial AAA  level which involved a huge registration fee and top of the line equipment, not to mention overnight travel on many if not most winter week-ends.

Did all of these extracurricular activities add up to a huge expenditure on our part?  The answer to that question is a resounding YES! Did all of these activities help our children build confidence, self-esteem and provide numerous teaching opportunities?  Again, the answer is a resounding YES!

Instead of spending this money on these activities should we have been investing it all in our children’s post secondary education? In hindsight, possibly.  Then we may not have struggled to help them financially during their university and college years; they may not have had the need for student loans.  But, if they had not participated in these activities, what would have been the impact on their personal growth and development?

What are you to do when your children are keen to participate in activities they love? There needs to be some sort of balance between the high cost of extracurriculars versus the very high cost of a post secondary education.

We are Canadian, we love hockey, but extracurricular activities should not come at the price of investing in your child’s education. With that in mind, the Canadian Scholarship Trust Plan (CST) is launching #Beyond the Blue LineThis is a new community education initiative inviting teams and/or associations to tell them what they are doing to encourage community involvement and academic success.

The people at the CST understand that it’s a struggle to pay for your children to participate in the activities and the sports they love and also save for their education. Take a look st this #BeyondtheBlueline infographic on the CST website outlining the cost of hockey versus RESP contributions. It is actually quite an eye opener and some of these statistics are astounding!!
#BeyondtheBlueline
The folks at CST believe hockey is a great game and they want to give back to the community, #BeyondtheBlueline.

Show them what you’ve got for the opportunity to win $10,000.00 for your association or team program!

They are inviting hockey communities in the form of teams and/or associations to show them:

  1. That education and their local community are important to them; and
  2. How the money will be used to help hockey parents offset the cost of hockey so they can save for their children’s post-secondary education.

Submissions can be in the form of a video or picture with an essay (no longer than 1,000 characters).

HURRY – Entries must be received by December 31, 2013! 

Want to learn more?  Visit the CST website

Are you on Twitter?  Join the TwitterChat!

Discussion:  The cost of Hockey vs. Education and RESPs.

When:  December 17th at 9pm EST

Who to follow: @CSTConsultants, @beyondtheblueline and @THNKenCampbell 

Hashtag to follow: #hockeyvseducation

Prizes: CST will be giving away 5 – $50 VISA gift cards.

 

How do you balance saving for education and paying these activities?

What extracurricular activities do your kids participate in?

“Disclosure: I am part of the C.S.T. Consultants Inc. – Beyond the blue line blogger program with Mom Central Canada and I receive special perks as part of my affiliation with this group. The opinions on this blog are my own.”

Comments

  1. Holy smokes! Those are some serious stats. I’m just not sure about “hockey”. If my daughter asks to play, I think i will let her try it. But, I am not sure I am going to force it on her. I hate the idea of my kids having practice before school. We put away in an RESP each month for the kids and currently they are in music and dance. But, they are so little. Not sure how the balance will work in a few years.

  2. I am really glad that I didn’t have kids because the cost to raise them is insane if they get involved in stuff. And nowadays it’s a requirement because colleges want to see what prospective students did in their communities. When I was a kid, there was very little to do after school if you weren’t one of a handful of ‘jocks’ that played every sport. There might have been one or two kids that were pursuing hockey or figure skating seriously. The rest of us non-jocks went home and watched TV. In high school I participated in my school radio station but that was it and it didn’t cost anything (except spending my allowance on records to play on my show).

  3. My girls have quite the range in activities. The cost is unbelievable! But we manage to save for their education. A lot of their activities as subsidized by Grandparents (thank goodness!).

    My oldest bought her new dirt bike by saving her birthday money and allowances for a long time.

    The girls participate in:
    Hockey
    Dirt Bike Racing
    Dance
    Soccer
    Volleyball
    Basketball
    Track & Field
    and more!

  4. Extra curriculars are so important to a child’s development in life, but man they can pack a punch in the wallet area, LOL. My two are currently in Guides, swimming and gymnastics and that is our limit! We do put away for the educational future on top of that so all must be spread around as evenly as we can make it. Where is that lotto win when you need it?

  5. My son is a nationally recognized jumper. He competes competitively and is trying out for youth Olympics this summer. Having four kids I can not afford education nor sports. My kids are depending on their own work as they get older and grants/loans. as far as sports go, my blog and my keen sense of networking has paid off and gotten some sponsorship’s. But in the big picture, it is not much

  6. What a great initiative! My girls are both in competitive cheerleading and the cost is outrageous! They both love it though so what can you do? We do try to always remember though that we also have to invest for their future. There aren’t a lot of jobs in cheerleading ;)

I Love Comments

*

CommentLuv badge