moneysmartlife.com - Money Smart Life - Money Tips for a Better Life

Description: How to make more money, manage credit cards, reduce debt, invest your money, find insurance, choose a bank, and find the best deals to give you the most money for your life.

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If you’re a parent of a young athlete you know that the costs of playing a competitive sport seem to never end. Saving up money ahead of time to cover the cost of youth sports is important so your kid can keep playing the game they love.

I’ve been keeping an eye on the amount of money we spend on our kids athletics and a few months back I shared a bunch of tips for cutting costs on sports equipment  and fees. Today here are some tips for saving and managing the money needed to fund their athletic adventures. Keep these things in mind when figuring out the best bank account to use when saving up for youth sports.

1) Avoid accounts with a minimum balance requirement The nature of many competitive sports teams is that you pay fees to the team or coach at the start of every season. Your bank account balance will grow as you save over the off-season then suddenly plunge once you write that big check at the start of the next season.

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