A recent RetailMeNot.com survey found parents will now spend about $400 a year for their child to participate in extracurricular activities.
"Schools aren't paying for as many things as they use to. So, maybe schools might have provided uniforms for the band, but now parents are expected to contribute, or uniforms for the sports team and parents are expected to contribute there," says RetailMeNot's Trae Bodge.
She says that's why budgeting for the extracurriculars has never been more important, and to seize upon another teachable moment, she says have the child contribute to the fund, too.
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.