Kids’ competitive activities don't lead to debt by themselves, it is an overall thing. You go in debt when you spend more than you earn. So what causes the deb

Kids’ competitive activities don't lead to debt by themselves, it is an overall thing. You go in debt when you spend more than you earn. So what causes the debt? The expensive activities for the kids? The new car? The big house? The latest tech gadgets? You could point at any one of these to be the cause of the debt, but the reality is simply overspending. Maybe there is a small portion of parents you get in debt for their kids activity because it is an absolute priority and they already did everything they could have done to reduce spending elsewhere, but it is certainly not 8/10.