Quote:
Originally Posted by tvp2003
The notion of buying your way to your kids success is a fascinating topic to me, and I'm glad the discussion is not just limited to sports (although that's probably the best example since the payday can mean millions of dollars if you're a professional athlete).
And while as a kid it's fun to have dreams and there's nothing wrong with that, parents should also realize that there is probably a point where you hit diminishing returns (i.e. cost of private coaches, tutors etc) -- little Timmy is probably not going to make the NHL no matter how much you spend.
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There are varying degrees of practicality when it comes to the pursuits parents choose for their kids. A distinction should be made between giving your kids exposure to useful activities and throwing good money after bad chasing a dream.