Summertime is here and hopefully by now, you've put a few bucks away to entertain your kids this summer.
According to a new survey, it costs an average of $495 to keep each child happy and entertained over the summer.
Here's a look at the actual dollar figures...$319 on toys and activities to keep each child occupied while they're not in school. Plus another $176 to take them with you on trips and vacations. So it doesn't even include stuff like extra money you have to spend on daycare or babysitters.
Only 9% of parents said they start saving up for summer at least six months in advance. And 35% usually end up strapped for cash by August or September.
Almost two-thirds of parents start planning activities for their kids before summer hits. But 45% said they're pretty much out of ideas by August.
The average parent said they suggest 13 different activities a week for their kids over the summer. And that's still not enough. On average, kids are bored and don't know what to do by about 1:30 every day.
Source: Daily Mail