FlipGive Stories FlipGive

FlipGive & Scotiabank report on the Real Cost of Hockey

Oct 01 2019

FlipGive is a free team funding app that makes raising money a breeze. Teams earn cash back for buying the things they already need. Get paid whenever you shop, dine out, book hotels or activities.

Scotiabank, Canada’s hockey bank, and FlipGive surveyed a representative sample of more than 1,000 American and Canadian hockey parents. All respondents had one or more children who play the sport, and they were asked to answer a series of objective anonymous questions to provide insights about their habits, expenditures, opinions, and more as they relate to the cost of hockey. 

Read the full North American report here 

See the full Canadian infographic here 

New-to-Hockey Parents in Canada

Canadian hockey parents who didn’t play the sport growing up are more likely to see hockey as a means to a college scholarship for their kids vs hockey parents who grew up on the ice.  Parents new to hockey generally have their kids enrolled in a higher, more competitive level of play. They spend more time on the ice each week, and their kids play more months out of the year. They dedicate more of their household budget to this investment. They spend more. 

  • 62% of Canadian hockey parents who didn't play as kids spend > $5K / year (vs 50% of families who did play hockey) 
  • 79% of Canadian hockey parents who didn't play as kids believe it offers a path to a college/university athletic scholarship (vs 73% who played as a kid)
  • 26% of Canadian hockey parents have taken on another job to help fund the season (vs 21% of families that played as a kid) 
  • Whether you played as a kid or not had no bearing on the stress felt due to the cost of the sport

Financial Cost 

The bottom line is that youth hockey play is costing Canadian hockey parents and families a hefty amount of money every year. From league fees and travel costs, to equipment, to instructional camps and private lessons, the expenditures add up. It’s not uncommon for families to sacrifice financial spending in other departments or find alternative methods to be able to foot the bill of hockey. 

  • Nearly 60% of hockey parents spend more than $5,000 per year to fund the sport
  • 41% of hockey parents spend between $5,000 and $10,000 a year, while 16% spend upwards of $10,000 a year on hockey-related expenditures
  • Nearly 90% are concerned about impact hockey is having on family finances
  • 83% of hockey parents reported they thought the cost of the sport has gone up vs last year
  • Average spent per category:
    • League Fees: 31% spend an annual average of $1,000- $2,500
    • Travel: 39% spend an average of $1,000- $2,500
    • Camps: 34% spend an average of $500- $1,000
    • Equipment: 47% spend an average of $500- $1,000
    • Individual Lessons / Ice Time: 48% say they don’t spend any money on this, while 28% say they spend less than $500
    • Additional Group Lessons: 47% say they spend less than $500
  • Many hockey parents find alternative ways to pay for hockey. For example: 
    • 67% of parents take fewer vacations
    • 63% find savings on other household budget items (e.g. groceries, entertainment)
    • 35% take on personal debt
    • 23% get a second job or work overtime

Family Cost (Time and Stress) 

Aside from the sheer financial cost, there are also other less tangible costs associated with youth hockey play for families and parents. Stress and time are two major cost factors, although they impact your mental health and wellbeing, not your wallet’s health. 

  • Nearly 70% of kids play hockey for more than 7 months of the year and for 75%, it's not their only sport
  • Nearly 80% of hockey parents spend a weekly average of 5 hours or more at hockey-related events
  • For close to 20%, the time commitment required to support attendance at practices, games, and tournaments is their biggest source of stress

Developmental Cost  

Parents place a premium on hockey teaching life lessons and keeping kids active. The developmental cost of youth hockey is not something parents might complain about. Instead, it refers to the beneficial lifestyle skills and habits gained by hockey play. It’s the cost that warms your heart, not your credit card’s magnetic strip-- which, more or less, turn that “cost” into “profit” for kids. 

  • 88% of Canadian hockey parents say hockey positively impacts their child’s academics
  • 65% of Canadian hockey parents didn't play hockey growing up. (This is a big surprise, especially in Canada.)
  • 77% of Canadian hockey parents are hopeful but realistic about their child securing a college athletic scholarship from their hockey play

How Fundraising Enters the Field of Play 

Fundraising isn’t only a catalyst in helping families pay for the high cost of youth hockey, it’s often a 100% essential element. 

  • 79% of Canadian hockey parents say they fundraise to cover the cost of the sport
  • 61% of Canadian parents say that fundraising is a mandatory activity for their child’s hockey team or league 
  • 18% of Canadian hockey parents say that they expect fundraising activities to support at least 25% of the cost to play. For hockey parents that spend the national average of $5,000 per year, that means they expect their fundraising efforts to offset between $1,250 and $2,500 towards that amount 

The real cost of hockey is more than meets the eye. The reality is, families will always be spending money and having to manage budgets and schedules. 

No one understands this better than FlipGive and Scotiabank Hockey Club, which teamed up to conduct this national poll. FlipGive, a team funding app that helps harness everyday spending, and ScotiaBank Club are on a mission to create an environment where doing good and making money becomes the only way to do business. 

Comments

  • AK gaming about 5 hours ago

    I like this post,And I figure that they having a great time to peruse this post,they might take a decent site to make an information,thanks for sharing it to me. 210 federal primers

  • AK gaming about 23 hours ago

    Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. There tend to be not many people who can certainly write not so simple posts that artistically. Continue the nice writing Uk Essays

  • AK gaming 6 days ago

    Hmm!! This blog is really cool, I’m so lucky that I have reached here and got this awesome information. North American Bancard Agent

  • AK gaming 7 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. North American Bancard Agent

  • AK gaming 7 days ago

    definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog! mattress under Rs. 15000

  • AK gaming 7 days ago

    Visit our site to find more about wedding photographer Northern Virginia. We offer engagement and proposal photography in Va. merchant services iso program

  • AK gaming 8 days ago

    Waow this is quite pleasant article, my sister love to read such type of post, I am going to tell her and bookmarking this webpage. Thanks credit card processing iso programs

  • AK gaming 9 days ago

    Thanks a lot for sharing us about this update. Hope you will not get tired on making posts as informative as this. how to become a payment service provider

  • AK gaming 9 days ago

    Visit our site to find more about wedding photographer Northern Virginia. We offer engagement and proposal photography in Va. how to be a credit card processor

  • AK gaming 9 days ago

    Your post has those facts which are not accessible from anywhere else. It’s my humble request to u please keep writing such remarkable articles how to become a merchant acquirer

  • AK gaming 10 days ago

    Your post has those facts which are not accessible from anywhere else. It’s my humble request to u please keep writing such remarkable articles federal 209a primers for sale

  • Jonathan Weiler 11 days ago

    Everything has its value. Thanks for sharing this informative information with us. GOOD works..cheap valorant boost

  • AK gaming 11 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. How to become a payment processing company

  • AK gaming 11 days ago

    I'm constantly searching on the internet for posts that will help me. Too much is clearly to learn about this. I believe you created good quality items in Functions also. Keep working, congrats! merchant services sales rep

  • AK gaming 13 days ago

    First You got a great blog .I will be interested in more similar topics. i see you got really very useful topics, i will be always checking your blog thanks. Kingdom Valley Islamabad Payment Plan

  • AK gaming 13 days ago

    I simply wanted to thank you a lot more for your amazing website you have developed here. It can be full of useful tips for those who are actually interested in this specific subject, primarily this very post. drywall framing contractors

  • AK gaming 13 days ago

    So luck to come across your excellent blog. Your blog brings me a great deal of fun.. Good luck with the site. rv gate installation

  • AK gaming 14 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. Sufi City

  • AK gaming 14 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. Mega City Gujar Khan​ Payment Plan

  • AK gaming 16 days ago

    Visit our site to find more about wedding photographer Northern Virginia. We offer engagement and proposal photography in Va. Motorcycle Accessories Parts

  • AK gaming 16 days ago

    Yes, great US Military force. Also, in his post you have given a chance to listen about US Military. I really appreciate your work. Thanks for sharing it. how to become a digital payment agent

  • AK gaming 17 days ago

    Regular visits listed here are the easiest method to appreciate your energy, which is why why I am going to the website everyday, searching for new, interesting info. Many, thank you North American Bancard ISO

  • AK gaming 18 days ago

    Hi there, I found your blog via Google while searching for such kinda informative post and your post looks very interesting for me. best coworking space in noida

  • AK gaming 18 days ago

    Great article with excellent idea!Thank you for such a valuable article. I really appreciate for this great information.. h4198

  • AK gaming 22 days ago

    Your post has those facts which are not accessible from anywhere else. It’s my humble request to u please keep writing such remarkable articles refrigerator repair near me

  • AK gaming 22 days ago

    definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog! theory test mock

  • AK gaming 25 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. How to become an ISO

  • AK gaming 25 days ago

    This is my first time visit to your blog and I am very interested in the articles that you serve. Provide enough knowledge for me. Thank you for sharing useful and don't forget, keep sharing useful info: selling credit card processing

  • AK gaming 27 days ago

    ¡Gran artículo con excelente idea! Gracias por un artículo tan valioso. Realmente aprecio por esta gran información.. espaebook

  • AK gaming 28 days ago

    Your post has those facts which are not accessible from anywhere else. It’s my humble request to u please keep writing such remarkable articles start a payment processing company

  • AK gaming 28 days ago

    I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. become an iso merchant services

  • AK gaming 29 days ago

    Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. There tend to be not many people who can certainly write not so simple posts that artistically. Continue the nice writing job

  • AK gaming about 1 month ago

    A very awesome blog post. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up. Great work Selling merchant services

  • AK gaming about 1 month ago

    I was surfing net and fortunately came across this site and found very interesting stuff here. Its really fun to read. I enjoyed a lot. Thanks for sharing this wonderful information. North American Bancard Agent Program

  • AK gaming about 1 month ago

    definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog! car logo embroidery

  • Dennis Ham about 2 months ago

    Learned a lot from this thank you. I was curious about the real cost of hockey and the real cost of hockey inflatables from an inflatable rental company so I learned a lot here.

  • Kane Lani 4 months ago

    Just like you shared, I also think families will always spend money and have to manage budgets and schedules, moviedle. Your article is very good and complete. I learned more about it. Thank you very much.

  • Michelle Richerson 5 months ago

    Thank you a bunch for sharing this with all people you actually know what you are talking approximately! PEBC

  • Amudala Palli RamaKrishna 5 months ago

    Kroger Weekly Ad Buy one, Get One | Slash Discounts, Available on branded products, these brand products are used while Digital deals appear every now. So popular brands like dillions, Ralphs

  • Muhammad Aslam 6 months ago

    wow... what a great blog, this writter who wrote this article it's realy a great blogger, this article so inspiring me to be a better person. financial planning services

  • lindadieggoo 9 months ago

    Much thanks to you for this data, I truly like what it implies. I will counsel your primary care physician! mapquest directions

  • Richard G. 9 months ago

    Parents new to hockey generally have their kids enrolled in a higher, more competitive level of play. concrete driveways

  • Ella an 9 months ago

    FlipGive hosted a real cost hockey event and they also conduct a survey to enlighten the popularity of this game. This survey includes the point of view of parents on best essay writing service uk and in other sports. This is the best comparison to know the popularity of different sports.

Sports Are Expensive.
We Can Help.