As we debate whether families will continue to be able to pay for travel ball, others are struggling to put food on the table:
http://www.nytimes.com/2008/09/01/education/01school.ht...ofinance&oref=slogin
And here is a shocking study in contrasts -- a look at how the privileged youths of today are reacting to the current economic crisis:
http://finance.yahoo.com/family-home/article/105947/The...enager,-Ready-or-Not
quote:As we debate whether families will continue to be able to pay for travel ball, others are struggling to put food on the table:
.....so very very true Infield08.
Good articles.
Will travel ball teams be forced to reduce their fees or even offer scholarships to keep some players whose families have less cash flow? If HS players recieve those reductions or scholarships to play, will it effect college $ or college rules?
Good articles. I believe that sharing the family budget with your kids can really help them get a grip on reality. I really do not think it helps them to understand the world by keeping this information from them.
At our high school the Economics class has a section "How Much it Costs to be You", where the student is required to keep track of all expenses from the beginning of the semester to the end. It is a real eyeopener. They then get ficticious "jobs", log in how many hours they can work per week and figure out the paycheck. Some students can work more than others, for instance student athletes, band, drama, all have required practice times, which really doesn't leave them much time to "work". The students are shocked at the numbers. It opens up a great dialogue.
This exercise could be used at home (without hostility to open their eyes a bit, and ask for volunteer cutbacks.
Kids today are bombarded with technology that is constantly changing and upgrading ($$), watch tv shows that show lavish Sweet Sixteen parties where parents shell out thousands, etc.
Some parents should have been saying "no" a lot more even in better economic times. Practice say "no" now even if you have the money to give them what they want, it only helps them out in the long run.
I see my son who is in his second year of college and living off campus, using what he has been taught at home about spending and saving. Now that it is "his" decision how to handle the money, he is making some very good choices, and I am proud that he really was listening growing up. He and another roomate are in charge of shopping for food and meal planning (I know! they actually do this!) They are very frugal, have discovered the 'day old bread' store, they have two rice cookers going all the time and got a George Forman grille at a garage sale, and it is amazing what they do with that thing.
I guess my point is, our young people more capable of change than we may think, especially if they have an understanding of why things are changing.
What do you NEED, as opposed to what do you WANT.
At our high school the Economics class has a section "How Much it Costs to be You", where the student is required to keep track of all expenses from the beginning of the semester to the end. It is a real eyeopener. They then get ficticious "jobs", log in how many hours they can work per week and figure out the paycheck. Some students can work more than others, for instance student athletes, band, drama, all have required practice times, which really doesn't leave them much time to "work". The students are shocked at the numbers. It opens up a great dialogue.
This exercise could be used at home (without hostility to open their eyes a bit, and ask for volunteer cutbacks.
Kids today are bombarded with technology that is constantly changing and upgrading ($$), watch tv shows that show lavish Sweet Sixteen parties where parents shell out thousands, etc.
Some parents should have been saying "no" a lot more even in better economic times. Practice say "no" now even if you have the money to give them what they want, it only helps them out in the long run.
I see my son who is in his second year of college and living off campus, using what he has been taught at home about spending and saving. Now that it is "his" decision how to handle the money, he is making some very good choices, and I am proud that he really was listening growing up. He and another roomate are in charge of shopping for food and meal planning (I know! they actually do this!) They are very frugal, have discovered the 'day old bread' store, they have two rice cookers going all the time and got a George Forman grille at a garage sale, and it is amazing what they do with that thing.
I guess my point is, our young people more capable of change than we may think, especially if they have an understanding of why things are changing.
What do you NEED, as opposed to what do you WANT.
Time to adjust in the OTHER direction!! Gas prices at $1.95 here. Dust off that gas guzzling SUV and add another game to the summer schedule. Tax cuts and stimulus package checks just around the corner!
FUNGO better do it quick. OPEC has other ideas.
All people should take a course in Economics that explains the world economy and how money supply influences the worlds economy. Maybe you would get better answers when asked who you are voting for.
All people should take a course in Economics that explains the world economy and how money supply influences the worlds economy. Maybe you would get better answers when asked who you are voting for.
BHD, Normally I'd agree with you, but i don't think the book that explains the current world economy has been written!!!
The book on the economy has been written many times. Go to the local library and look up "Great Depression".
Or go find a couple of 80 year olds if you want a first person account.
Or go find a couple of 80 year olds if you want a first person account.
After reading all the posts, and upon further consideration I now sleep like a baby:
I wake up every 2 hours crying................
I wake up every 2 hours crying................
Doughnutman, Lot of uncanny similarities. The Great depression
Guys:
This morning I set up a couple of trips for my son and I to visit schools in New England and the Mid-Atlantic states. I was favorably surprised by how affordable flights and rental cars were. Someone suggested the rental car companies might be a little desperate for business.
This morning I set up a couple of trips for my son and I to visit schools in New England and the Mid-Atlantic states. I was favorably surprised by how affordable flights and rental cars were. Someone suggested the rental car companies might be a little desperate for business.
There are certain days when you can buy a flight and it's cheaper. I don't mean actually flight day but the day you buy, try tuesdays and saturdays.
Also keep checking on line as the rates vary daily. When our team went to FL this summer some families seats went down almost $80. It's a little bit of a pain to rebook but it can be worth it.
Watch for the hidden baggage charges. We got nailed by USAIR for $30 on our way back home from Charelston SC. It took us by surprise as there was no mention of the $15 per bag charge. Also many do not include all the taxes and fees.
Oh yeah, I forgot about the baggage fee. Gear bags and esp catchers gear bags were considered oversized, there was a surcharge for them. Luckily a couple familes drove and took most of the gear bags with them to avoid those fees.
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