Re: Money
Friday, 02 May 2008 17:10
Most of the high-level competitors I know are so dedicated to the sport that they put every dollar they can into it. Some work two jobs, cutting back on all other expenses so they can afford to compete. I remember one young man selling his car and stereo and many of his possessions just so he could afford to go to Blackpool. I'm always impressed by these kinds of commitments made for the love of dancing.
Probably the most expensive part is travel costs. For North Americans especially, this represents an outrageous expense. With typical flights costing $700-$900 return per person, going to a competition in another province or state or overseas can quickly add up to over $1000 per person per event. How many times can any young person afford to compete with those kinds of budgets?
I've known quite a few dancers who put on special fund raiser shows that can bring in a couple of thousand dollars so the couple can afford to go to Blackpool or a major overseas comp.
Some of the highest-level athletes are also able to get sponsorships, but I think the IDSF can do more to build awareness of DanceSport in the corporate community. Getting sponsorship money is incredibly difficult because of the lack of awareness. IDSF and the regional associations should promote the concept of corporate sponsorships for athletes, to make the business world aware of the advertising opportunity. If DanceSport enthusiasts made a real effort to support the businesses that support us, we'd see a lot more sponsorship money given to athletes.
The federal governments could also make it easier for sponsorship money to be assigned to athletes, but someone needs to lobby for changes, and it would need to involve major amateur sports bodies. I think amateur athletes should be allowed to receive a certain amount of sponsorship funds in a form that allows those gifts to be tax deductible. But that's a whole different issue.
We help our daughter as much as possible, but she puts pretty well every penny she earns from her full time job into dancing. As fast as her paychecks come in, they go out to dance lessons and competition costs.
I think budgets vary greatly, so there's little point in comparing amounts. I know some couples that can only afford to spend a few hundred dollars per month, and other couples spending thousands per month. It all depends on your income sources.
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