Financial Planning for Youth Sports & Activities

Produced and Hosted by Amanda Leader

Co-Hosted by Cate Morris of Scout Financial Solutions

 

In this episode of Masaska, Cate Morris dives into the importance of financial planning to support youth involvement in sports and activities. She shares the success of the 2024 Canadian Native Fastball Championships, which raised $100,000 for youth programs, and emphasizes the need for a dedicated budget, introducing the concept of a "Medicine Wheel Budget" to help manage these expenses.

Cate also highlights various funding opportunities available to families, including Hockey Canada's Assist Program, Canadian Tire Jumpstart, Kids Sport, and Creative Kids, with grants ranging from $500 to $750 per child. Local initiatives like the Dream Broker Program and the Arlo Ventures Program, which provide free training and resources, were also discussed.

Throughout the episode, Cate stresses the power of community support and financial literacy in fostering youth success. Tune in for practical tips and insights on how to manage your finances while empowering the next generation through sports and activities.

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Post Secondary Funding & Budgeting

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Debt Management Made Easy: From Ratios to Savings Plans