Qualified advisers answering your
Financial Questions
call 0800 092 1245

Extra curricular activities cost £3 billion a year

Parents could be paying out as much as £3 billion a year to cover the cost of their child's after-school activities, according to new research by Alliance and Leicester Savings.While parents no doubt wish to support their children's extra curricular activities, hobbies like music and sport come with an expensive price-tag.Footballing kids cost their parents £314 million every year, according to Alliance and Leicester's research, which estimates an average cost of £115 for football kit and £40 for the membership to an after school group as well as the cost of petrol to and from training and matches.Music is no cheaper an option, with an instrument costing anything from £79 upwards and private lessons at around £20 per hour. Ross Dalzell, manager for savings at Alliance and Leicester, said: "Of course, every parent wants their child to be able to take part in extra curricular activities on offer inside and outside of school and to support their every ambition. "But costs will mount up on top of the price of compulsory uniforms, school dinners and school trips. "Parents will feel the pinch if they have not made financial provision for their child's extra curricular activities; especially if they have more than one child at school, or if their child takes part in more than one activity."

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details