Helping your kids to stand out in the eyes a college admissions officer takes a lot — usually that means a lot of money. But before you spend beaucoup bucks on private tutors and athletic coaching, do a quick cost-benefit analysis of whether those investments will really pay off.
Trying to give your children an advantage in growing up makes consuming a competition. When everyone has a tutor, a trainer or a special baseball bat, you can't help but keep up.
There's no way to estimate the returns on a hug from your son or an afternoon of baking cookies with your brood, but the USDA was able to estimate how much a child takes out of your bank account.