Here’s another reason to resent your kids for the sweet three-month break they get every summer. Your WALLET takes a pretty good hit . . .
According to a new survey, it costs an average of $495 to keep your kid happy and entertained over the summer.
That includes $319 on toys and activities to keep them occupied while they’re not in school….$176 to take them with you on trips and vacations (that doesn’t sound TOO bad!) But those figures don’t even include stuff like extra money you have to spend on daycare or babysitters.
9% of parents said they start saving up for summer at least six months in advance. And 35% usually end up strapped for cash by August or September – so much for new school clothes, kiddos!
Almost 2/3 of parents start planning activities for their kids before summer hits. But 45% said they’re pretty much out of ideas by August.
The average parent said they suggest 13 different activities a week for their kids over the summer. And that’s still not enough. On average, kids are bored and don’t know what to do by about 1:30 every day.