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Personal Finance Round-Up: Give Your Finances a Sporting Chance

By Money Crashers

are you ready for the football?Sports – whether amateur or professional – occupy a huge part of our nation’s identity. If the United States has been a country for 236 years, then sports have been a part of our national fabric for 235 years and 364 days.

Americans are, by nature, imperviously competitive. Ed over at Five Cent Nickel knows this all too well. His son just wrapped up his high school sports career, one that cost the family a pretty penny. “As a family, we loved attending these events, and I wouldn’t trade the experiences for a fatter 401k,” writes Ed – but that doesn’t mean he isn’t helping the rest of us save a little money as we navigate the waters of amateur sports.

My favorite tidbit from Ed’s post, Save Money on Sporting Expenses, is his section on how to cut costs when it comes to your kids’ health in relation to sports. As a longtime athlete myself, Ed brings up issues – and solutions – that I never even considered.

Here are some other sports stories that caught my eye:

Soccer Earnings Update [Free Money Finance]
Sports isn’t just about spending money – it can also be about making money. The author at Free Money Finance and his son both work as soccer refs. Over three and a half years, they have refereed nearly 150 games…and you won’t believe how much they’ve raked in.

Clinging to a Rock, 200 Feet in the Air [Afford Anything]
I love analogies, and there’s a great one here on Afford Anything. The comparison? Rock climbing – a sport I’ve always wanted to take up but never have – and taking financial risks. “Most climbers are limited by their mental agility, not their physical prowess. They’re confined by their ability to overcome that fear, let go of the rock, and reach for the next hold.” Are you brave enough to take the leap?

Hockey Cards – My First Experience in Market Bubbles and Speculation [Saving Generation Y]
Many readers can identify with this hobby from our youth. Whether you collected hockey cards like Teacher Man, or baseball cards, or even Garbage Pail Kids cards (remember those?), you were making more than a social transaction – you were learning the skills for financial speculation as well. “I was building a collection that would be worth thousands of dollars one day,” writes Teacher Man. What did your youthful collections teach you about the markets?

It Doesn’t Really Cost $287,000 to Raise a Child [Free By 50]
The U.S. Department of Agriculture estimates that it will cost parents $287,000 to raise a child born today through his or her 18th birthday (including inflation) – but Jim at Free By 50 begs to differ. He breaks down the numbers, including how sports play a role in the overall costs.

Why Sports and Sports Economics Matter [The Blog of Diminishing Returns]
Seth, an economics professor, writes a really compelling and enlightening post about the relationships between minor league sports teams and the communities that host them. “Having minor league teams may actually increase local income,” writes Seth.

6 Fantastic Tips for Surviving Coupon Burnout [Hot Coupon World]
In many ways, couponing has become an American sport that people all over the nation are playing. As with all sports, one of the keys to success is endurance. Can you survive the season that doesn’t end? With these tips you just might.

How Freelancers Can Stay Healthy While Working on a Laptop [Freelance Switch]
With so many Americans working so many hours, how can we find the time to stay active and physically fit? Lior Levin has some great health-minded tricks to stay fit while on the job. My favorite? Desk yoga!

A Complete Guide to Saving at America’s Baseball Stadiums [WiseBread]
Is a trip to one of America’s ballparks on your summer to-do list? No matter where you’re headed, Mikey is breaking new ground by giving us tips to save money at the stadium.

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  • Katy Bolding.

    Loved your article it had allot of interesting information that will help. Thank you.

  • Katy Bolding.

    I pay for articles written and posted in
    financial blogs.

    Thank you.

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