The thing that most parents share is an overwhelming desire to do the very best for their child — providing for extra-mural activities to develop their passions, make new friends, and build valuable life skills is no exception. However, the costs associated with these activities can quickly add up, putting a strain on the household budget. Some schools offer a range of extra-murals inclusive in their school fees, but it is often the case that parents need to look elsewhere for extra-mural options, especially if their child has interests beyond what is on offer at the school or if the school does not offer extra-murals. Even where extra-murals are inclusive in the school fees, the hidden costs of sport’s gear and equipment can add up.
In this article, we'll explore how you can save for your child's high school extra mural activities and ensure that they have the opportunity to pursue their passions.
Top ways to save for your child's extra mural activities:
1. Find out what your child interested in and how much it costs
The first step in saving for your child's high school extracurricular activities is to determine their interests and the costs associated with each activity. Take the time to talk to your child about what activities they are interested in continuing or taking up as they enter high school and research the costs associated with each one. Be sure to factor in other costs such as equipment, transportation, and any other expenses that may arise. You can use our cost calculator template if you need a tool to help you do this planning exercise.
2. Create a savings plan you can stick to
Once you have determined the costs associated with your child's extra mural activities, it's time to establish a savings plan. Set a goal for how much you want to save for each activity and create a timeline to help you map out when you need to reach each goal. Be realistic about how much you can save each month so that you are able to stick to your plan.
Sticking to your savings plan can be challenging, but there are ways to make it easier. Automate your savings by setting up a debit order to a savings account. Cut back on unnecessary expenses by creating a monthly budget and finding ways to reduce your household expenses.
3. Consider additional funding sources
Saving for your child's high school extracurricular activities can be difficult, but there are additional funding sources you can consider. Look for opportunities for scholarships or grants, explore community resources or programmes that may help with costs, and consider crowdfunding options like BackaBuddy to help cover expenses.
4. Send your child to a more affordable school
Enrolling your child in a more affordable high school or an online high school is another option to consider when trying to save for high school extra mural activities. The cost of tuition and fees at different schools can vary significantly, so it's essential to do your research. Look for schools that offer affordable sports or arts activities and have a strong programme in your child's area of interest. Alternatively, consider an affordable online high school that not only helps your budget go further, but also offers the flexibility of completing schoolwork at your child's own pace, which can create more time for activities outside of school.
For example, if your child is interested in surfing or another activity that is likely to take place during school hours, an online high school can allow them to complete schoolwork on a schedule that works best for them. This can free up more time for your child to participate in these activities, without compromising their academic performance.
Additionally, attending an affordable online high school can free up funds that make up the real cost of high school, such as fees, uniforms, transport, and sports kit at a traditional school. This money can then be allocated towards sports and activities and can help ensure that your child has the opportunity to pursue their passions without breaking the bank.
By determining your child's interests and costs, establishing a savings plan, considering additional funding sources, and sending your child to a more affordable school, you can make it easier to save for extra-mural activities. With these tips in mind, you can help your child pursue their passions and make the most of their high school experience.
Want to find out more about online learning with UCT Online High School?
Simply reach out to one of the UCT Online High School’s friendly Admissions Consultants on +27 21 140 1792 or email firstname.lastname@example.org; they’ll be more than happy to answer your questions.