{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Stop Wasting $168,000 on Youth Sports; Do This Instead (Ep. 265)","description":"$168,000. Gone.That's what most parents spend on youth sports \u2014 no savings, no scholarship, no return. Are you spending $12,000 a year on your kids' sports \u2014 and have nothing to show for it? Most parents will drop $168,000 per child on activities, travel, and gear over 14 years \u2014 money that quietly disappears instead of building your retirement. In this episode of Without the Bank, I'm breaking down the strategy that changes everything: how to funnel your kids' activity spending through a whole life insurance policy so that money builds wealth instead of draining it. We cover: \u27ae Why the &quot;scholarship strategy&quot; is a financial myth most parents fall for \u27ae The exact numbers: how $12,000\/year becomes $367,000 in cash value over 21 years \u27ae Why the infinite banking concept &amp;nbsp;beats a 529 plan for most families \u27ae The hidden restrictions in 529 plans that financial advisors don't warn you about \u27ae How to use this strategy to fund college, a car, or even your child's first business Your kids don't have to drain you. They can actually help you build. \u23f1\ufe0f Chapters: 00:00 The $168,000 Problem No One Talks About 01:00 How the Math Actually Breaks Down 03:00 The Smarter Way to Fund Sports 04:00 Policy Numbers: $252K In, $367K Out 05:00 How Cash Value Grows Over Time 06:00 The Scholarship Myth (And What It Actually Costs) 07:00 What Youth Sports Are Doing to Your Retirement 09:00 Why 529 Plans Fall Short 11:00 Rethinking How You Use Your Money 12:00 The $900 Wrestling Tournament Story 13:00 Bad Coaches and What Sports Really Teach 14:00 Individual vs. Team Sports \u2014 A Different Take 15:00 Teaching Kids to Stand Up for Themselves 16:00 What If Your Kid Started a Business Instead? 17:00 How to Get Your Own Strategy \ud83d\udd14 Subscribe for more honest conversations about personal finance, retirement planning, and financial education that the mainstream doesn't cover \ud83d\udce7 Reach out with your questions for future episodes Website: https:\/\/www.withoutthebank.com&amp;nbsp;  \ud83d\udc8c Email: tarisa@withoutthebank.com \ud83d\udc8c Email: maryjo@withoutthebank.com \ud83d\udc49 Get the book: https:\/\/www.withoutthebank.com\/book&amp;nbsp; ","author_name":"Without the Bank Podcast","author_url":"https:\/\/withoutthebank.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40765775\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/200537315"}