KEY POINTS\r\n\r\n \tDon't feel pressured by other parents to over-schedule your kids.\r\n \tSeek out free local events at your community hotspots, like libraries and parks.\r\n \tNever go into debt or neglect your retirement for extracurricular activities.\r\n\r\n\r\n\r\n\r\n\r\nThe new school year has just begun and as a treat, I recently went to the library with my kids so they could pick up a few new books. Our local library has wifi and a little cafe so it\u2019s a nice place for them to make friends and have a snack after school. Plus, libraries are always the first place to look for free local community events.\r\n\r\nUsually I run into parents who also encourage their kids to make new friends by having some low cost local fun - but the last time I went, I overheard a few of the other moms talking about how they're taking their kids to violin class and then Spanish class. Maybe I\u2019m just too introverted or too budget-conscious, but I couldn\u2019t fathom paying for so many different activities for each of my children.\r\n\r\nSure, one after-school activity each wouldn\u2019t be a reach but the more I interact with other parents, the more I realize that many of the kids in my community have more social activities and are more scheduled than I am. Not only that, but their extracurricular activities can be extremely expensive. From music class to a specialized children\u2019s gym to yoga and foreign language class, it\u2019s incredible the amount of after-school activities a child can be involved in.\r\nFear of Missing Out Costs Hundreds of Dollars a Month\r\nOne of the hardest emotions to deal with when I hear about all of these activities is the fear of missing out, or the fear of my children being left behind other kids their age. I worry if there is going to be an obvious difference between my kids and other kids if I don\u2019t put them in more activities. However, one call to the kids\u2019 gym to inquire about pricing snapped me back to reality pretty quickly.\r\n\r\nA simple membership to a children\u2019s gym in the next town over would be $100 a month per child (but oh, lucky me, there was a 10% discount for the second one if I asked for it). Then, I looked at yoga classes. It would be around $500 to put both kids in sessions for a few weeks.\r\n\r\nI can\u2019t imagine that these classes - and the money for them - will somehow turn my kid into the next Simone Biles because he or she was able to jump on a mini trampoline at a kid gym. However, that common parental fear of your child being behind or not being the best is exactly what drives these businesses to succeed.\r\n\r\nMost parents don\u2019t even realize how costs can quickly skyrocket as a child gets older. So, while putting your kid in T-ball might start out innocently enough, soon there will be pressure to join other more involved travel teams and buy all the gear that goes with it. As parents, we should be able to say no if the time or the money required is simply too much for their family and supplement with less expensive activies - more on that later.\r\nIs Sooner Better Than Later?\r\nOver time, I\u2019ve developed enough confidence in my parenting abilities and decisions to know that my kids are fine just being kids, even though I\u2019m choosing not to place them in extensive extracurricular activities right now. Although I\u2019m frank about my concerns that they\u2019ll be behind other kids, I refuse to spend excessive amounts of my hard earned money on after-school extracurricular activities that might not make a difference down the road.\r\n\r\nThough I fully expect to put my daughter in classical ballet class when she is old enough because I studied it for over 20 years. I\u2019m sure we'll find an activity that my son will enjoy, too, however I don\u2019t plan on bankrupting my family now or robbing our retirement later to do so. I want them to be kids!\r\n\r\nKeep in mind that sometimes starting children in an activity when they are older has a better chance of sticking because they\u2019ll be more successful at it, such as music lessons. According to Dr. Robert Cutietta, author of Raising Musical Kids, \u201clessons with the goal of learning the instrument should start between six and nine.\u201d The best time to start any extracurricular activity though also depends on the readiness of the child, their attention span, and their interest levels.\r\nIs It Worth The Debt?\r\nThe American population has a tendency to overspend beyond their means. The average household in America has over $5,000 worth of credit card debt. We live in a culture of instant gratification, where anyone can pay for anything as long as they can break it into monthly payments or subscription services.\r\n\r\nNeedless to say, the significant amount of extracurricular activities in addition to the peer pressure to put your kids in after-school programs doesn't help this spending problem. All parents want the best for their children but too many are confusing extra activities and the costs associated with maintaining them as a worthwhile way to get a leg up in society.\r\n\r\nThe real truth is though, that if you are already in financial trouble, spending on these activities will only do your family a disservice. The best gift any of us could ever give our children is a steady, safe household which includes being financially sound. Kids need stability, and having parents who pay their bills on time, aren\u2019t stressed about money, and have the wherewithal to make sure the lights stay on and food gets on the table are all they really need at a young age.\r\n\r\nSo, if spending on activities is too much for your budget to accommodate, as it is for me, then simply don\u2019t spend it. It\u2019s that easy. According to the U.S. Department of Agriculture the cost to raise a single child is already averaging $245,000, not including college. Don\u2019t stress yourself by trying to increase that number as much as possible simply because other children are enrolled in several different activities. As your income grows and your debt reduces, you can start adding activities in slowly as you can afford them.\r\nAlternatives to Extracurricular Activities\r\nThese days there are so many activities that your children can go to for free. Many museums have free days. Parks are wide open for imaginative play. Pinterest is full of crafts and tutorials that you can have your kids do using items you already have in your home. Even your local public library offers free classes and story hours, like the one I take my kids to. Just beware of eavesdropping on your fellow moms at the library and feeling like your kids are missing out - they aren't and your parenting is just fine.\r\n\r\nDo you enroll your child in extracurricular activities? How much do you spend on them and at what age did you start? I\u2019d love to hear your thoughts in the comments below!