Posted by SchoolDays Newshound on 06/03/2012. Tags: Family And Leisure
Financial pressures are causing a third of parents to cut back on extra-curricular activities
for their children, according to a new report.
commissioned by former building society EBS revealed a significant rise in the number of adults looking to save money by reducing spending on after-school groups.
Jackie O'Callaghan of the National Parents' Council, Post Primary, told the Irish Independent: "A couple with three or four children can end up spending the price of a mortgage on activities for children."
She added that adults do not need to ensure their offspring have their days "organised for them 24/7", but instead they should be allowed to entertain themselves.
In a bid to reduce outgoings, parents admitted they planned to cut back on activities such as ballet classes - which cost around €100 per term - and speech and drama training, which can set families back €120 a term.
The quarterly Consumer Saving Sentiment Research also revealed 75 per cent of the Irish population are trying to reduce how much they spend.
Written by Donal Walsh