How Was Your Summer Vacation? Expensive, Say Parents.
For kids, summer means no school and a break from responsibility. For parents, the warmer months mean added child care costs, a struggle to find things for children to do, and more pressure than they face when kids are in school.
Summer school vacation, which can be as long as three months depending on where you live, comes with a minefield of potential costs for parents. Anything from a vacation to summer camp, pool memberships, tutoring, and back-to-school purchases can bring financial pressure.
That's likely why 57% of respondents felt that summer with their kids cost them more than the holiday season did, according to a TD Ameritrade survey of 1,015 adults. If you have younger kids, however, costs are even higher. Over half (52%) of respondents with kids under 18 said they exceeded their summer budgets, while only 34% of those with adult children did so.
Source Fool.com
