USEUROPEAFRICAASIA 中文双语Français
Home / Mosaic

Sports dreams carry a price

By Associated Press | China Daily | Updated: 2016-08-03 07:39

Escalating costs driving some parents to ruin The Olympics sparks hope in many a child of going for the gold. But in financially supporting those dreams, some parents are going for broke.

For his 15-year old son's traveling hockey team, Tim Richmeier was spending about $5,000 a season by using his tax refunds, halting contributions to his retirement fund and putting travel expenses on a credit card.

Richmeier said it was a great experience for his child, but after four years it was a financial relief when his son was cut from the squad.

Sports dreams carry a price

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US