Latest / The Nadia Chapman Show / The Cost of Dreams: Navigating Finances, Guilt & Growth in Figure Skating
Transcript
- 0:02Hey everyone, it's Nadia. Welcome back to the Nadia Chapman Show,
- 0:07the figure skaters edition.
- 0:09Ooh, today, today, today, today's episode is going to be an interesting one.
- 0:15We're diving into something that every skating family feels,
- 0:19but a few talk about this openly. It is, drumroll, the cost of dreams.
- 0:27Figure skating is beautiful. It's inspiring. It's life-shaping.
- 0:31It's also extremely expensive.
- 0:36Ice time, lessons, travel, dresses, choreographies, coaching fees,
- 0:43competition fees, it all, I mean, skates, blades, there's so many.
- 0:48It all adds up, as you know. And behind every talented skater is a parent or
- 0:53a family making many, many sacrifices most people will never see.
- 0:59But the real conversation today isn't just about money. It's about the emotional
- 1:05weight that comes with it.
- 1:07The guilt, the pressure, maybe the resentment that you can quietly feel building
- 1:13beneath the surface if we don't acknowledge it once in a while and handle it with care.
- 1:20Today, we're going to be talking about how to navigate all of that with awareness.
- 1:25Lots of love always, and balance, so the pursuit of a dream doesn't come at
- 1:31a cost of peace, connection, or joy for you and your family.
- 1:36Let's start by naming what's real, shall we?
- 1:40Skating families often live in a delicate dance between devotion and depletion, and
- 1:46Parents give so much, there's so much time involved and energy,
- 1:51finances and weekends away and vacations or sabotage.
- 1:56And even sometimes part of our
- 1:58own identity as parents can be affected for the sake of a child's dream.
- 2:03And the skaters, even when they're very grateful, often feel that pressure deep
- 2:08down. And let's be real for a second.
- 2:11Figure skating is not just emotionally demanding, it's financially demanding
- 2:15too. According to the U.S.
- 2:17Figure Skating and the Aspen Institute's Project Play, the average cost for
- 2:22a competitive skater can range anywhere from $10,000 to $50,000 a year.
- 2:29And maybe you spend even more than that.
- 2:32Obviously, depending on the level, the location, and how much travel,
- 2:36choreographies, you know, everything that's involved.
- 2:38It's a huge commitment. And when you're putting that kind of money into a sport,
- 2:44into something, it's totally normal to have this moment where you're thinking, is this worth it?
- 2:51Or what if it doesn't lead anywhere? But here's the thing I want you to hear,
- 2:56and I want you to trust me when I say this.
- 2:59Research show that kids involved in goal-oriented long-term sports like figure
- 3:04skating develop stronger self-discipline, emotional regulation,
- 3:10time management skills than their peers.
- 3:12They also tend to report higher in self-confidence and better academic performance.
- 3:18So if you zoom out for a second, you start to realize this isn't just about
- 3:23financial expenses. It's character building.
- 3:27You're literally investing not only on your child's physical health,
- 3:31but you're investing in their mindset and their resilience and their identity.
- 3:35So the lessons that they're learning right now will serve them for a lifetime.
- 3:41Ask me, ask anybody who grew up skating.
- 3:44The lessons they're learning will last long after they hang up the skates.
- 3:50Now, practically speaking, this is where I encourage families to build what
- 3:54I call a family vision budget.
- 3:56So not just a guilt budget, but a vision budget.
- 3:59So instead of tracking every single cost, every expenses with stress.
- 4:04Link that spending with your shared value, soul, growth, discipline,
- 4:09joy, and talk about it openly with your skater.
- 4:12Seriously, let them see that this dream is a conscious family choice,
- 4:15that everybody's involved, a shared journey, not just a silent sacrifice.
- 4:20We're all going to benefit from this. That kind of transparency that you can
- 4:25have just by communicating with your skater builds gratitude instead of guilt.
- 4:29And don't forget to balance, guys. You need to protect your financial and emotional
- 4:34energy the same way that you protect your child's physical health.
- 4:38Boundaries don't limit the dream. They sustain it.
- 4:42And I know some amazing families that are doing things right.
- 4:45And I know some families that are not doing things right.
- 4:48But when a family is grounded in peace, every single dollar,
- 4:53every hour at the ring, every weekend away from home, every 5 a.m.
- 4:58Drive, stop feeling like pressure and start feeling like partnership because
- 5:02that's what it is at the end.
- 5:04And I'm not here to tell you how to raise your kid, obviously.
- 5:07Some things that work for us might not work for you and vice versa.
- 5:12But you need to make sure that the thought that the child will have about like,
- 5:18well, this costs a lot of money, so I better make it worth it.
- 5:22That thought, even when never say out loud, can quietly become a sense of owing
- 5:28to the parents instead of just receiving.
- 5:31So there's a fine line there. And that's the guilt that kind of creeps in from both sides, really.
- 5:36The parents might think, am I doing enough?
- 5:39Can we really afford this? Or what if this doesn't even pay off?
- 5:44And then the skater might think, I have to make them proud. They're giving me
- 5:48so much. I can't let them down.
- 5:51And before you know it, if things are not balanced and there's no communication,
- 5:56something that started from love becomes tangled with pressure,
- 6:01guilt, and exhaustion. So first...
- 6:04Let's take a deep breath because none of this means anyone is doing anything wrong.
- 6:10It means that we are human, that we care, and that we are all emotionally invested
- 6:16in this. And that's really a beautiful thing.
- 6:19But awareness is what prevents love from turning into resentment.
- 6:23We don't want to feel resentment. And here's a truth about sacrifices.
- 6:27Here's a perspective that I often share when I talk to parents.
- 6:31There's a difference between sacrifice and resentment.
- 6:35And the sacrifice says, I'm choosing this consciously because it aligns with my values.
- 6:41And resentment says, I'm giving more than I can sustain. And I feel unseen.
- 6:47They're very different.
- 6:49The first one comes from empowerment and the second one from depletion.
- 6:54Sacrifice become resentment when we start losing the connection to choice.
- 6:59So one of the healthiest thing that you can do as parents or supporter is to
- 7:05reclaim that sense of choice and remind yourself, I'm choosing to invest in this dream, right?
- 7:13I'm choosing. And it's a privilege to support it and to give yourself that permission
- 7:19to create boundaries and balance so you can sustain that love over the long term.
- 7:25What you need to do is change your perspective. You need to have a perspective
- 7:30shift. Investment versus transaction.
- 7:33When we view skating purely as a financial transaction, like we're paying,
- 7:39so there must be a return, it creates invisible pressure on the child.
- 7:43But when you view it as an investment, investment in growth,
- 7:47in discipline, in joy, in becoming a great athlete, it changes everything.
- 7:53Your child might not become a world champion, but they will become resilient.
- 7:57They'll become focused.
- 7:59They'll learn how to concentrate, how to fall and get up. They'll become emotionally
- 8:03intelligent. That is huge.
- 8:05I remember when my daughter was little and she was learning little wall jumps.
- 8:09And I told myself, oh my God, if she really falls in love with skating,
- 8:14she's going to learn so much more than just jumps and spins.
- 8:18Skating is the school of life.
- 8:21They'll learn how to work hard, how to handle pressure, how to set goals, how to persevere.
- 8:28Lessons that compound over a lifetime.
- 8:31That's your investment, parents. So instead of asking, oh, is it worth it?
- 8:36Ask yourself, what are we all learning through this?
- 8:41How is this experience shaping your character as a family, right?
- 8:45And that's where peace lives, okay? And remembering that your return on investment
- 8:50as a skating parent isn't always in medals.
- 8:55It's in who your child becomes and who you become along the way.
- 9:00What a beautiful journey. Let's talk about the parent side for a second.
- 9:05You, parent, I know, carry a lot. Logistics, finance, emotions, expectations.
- 9:11Some of you move out of state for your child's skating. That's crazy.
- 9:17I get it. I understand. I'm not judging.
- 9:19Sometimes you're the cheerleader, the chauffeur, the chef, the financial planner,
- 9:25all at once. And here's a few mindset tools that I recommend for you.
- 9:29I'm going to give you three of my favorite ones.
- 9:32My first one is check in with your own energy, not just with your bank account.
- 9:38So ask yourself on a regular basis, can I sustain this space mentally and emotionally?
- 9:45If the answer is no, you need to pause, reevaluate, and reset.
- 9:49My second one is open communication over silent worry. And this means if finances
- 9:55feel tight, don't carry it in silence.
- 9:59Okay, so create an age-appropriate conversation, maybe about choices, trade-offs.
- 10:04It's okay for your skater to understand that this dream requires effort from
- 10:10everyone, not just her or him on the ice.
- 10:13And number three, celebrate contribution and not comparison.
- 10:17So your family's journey doesn't need to look like everyone else's.
- 10:22Whether you're training five days a
- 10:25week or two giving what you can with love is
- 10:28truly enough okay remember that your child's worth is not measured in points
- 10:33and middles and placements neither is yours all right if you are a skater and
- 10:39you're listening I know sometimes it feels like there's this invisible pressure kind of hanging over you.
- 10:47You see all the sacrifices your parents are doing and your siblings.
- 10:50Maybe your siblings are stuck at home when you're on the road with your mom or your dad.
- 10:55And maybe you overhear conversations and budgeting and you sense tension.
- 11:01I hope it's not the case, but maybe it is. So here's the truth.
- 11:05Your parents don't want you to feel guilty. They want you to feel grateful and responsible.
- 11:12That was always my intent, raising a daughter who's a figure skater.
- 11:17And there's a big difference between guilt and gratitude.
- 11:21And guilt says, oh, I owe them. You know, they're doing so much for me. I owe them.
- 11:26And gratitude says, I appreciate all they do. I appreciate them and I'm going to do my best.
- 11:33So your job isn't to repay your parents. Your job is to grow,
- 11:37is to work hard, is to give your best effort and to remember that this journey
- 11:42is a huge gift, but it's not a burden.
- 11:46And the best way to honor your parents' sacrifices is by showing up with passion,
- 11:53respect, and self-awareness.
- 11:55Okay? Not perfection.
- 11:57You shouldn't be expected to be perfect out there.
- 12:02And I'm going to tell you, most of the emotional tension in skating families
- 12:06come from one thing, and it's unspoken expectations.
- 12:10So let's make them spoken.
- 12:13All right? Capiche? Parents, share your values, and skaters,
- 12:17share your feelings. It's that easy.
- 12:19Have honest conversations all the time. When communication is open,
- 12:24resentment has no place to grow.
- 12:26Before I wrap this up, I'm going to give you a few grounding reminders,
- 12:30both for you, parents and skaters, that this dream is a shared experience.
- 12:37Your progress is emotional as much as it is technical.
- 12:43And you'll realize that, maybe not now, but as you grow into an adult,
- 12:49as you move through life,
- 12:51you'll realize that your progress and everything that you did on the ice was
- 12:56more than just learning technical skills.
- 13:00Balance keeps passion alive.
- 13:04And peace in a home matters more than perfection on the ice.
- 13:10Always. When you prioritize your emotional balance, you create this really nurturing
- 13:15environment where everyone can thrive, where the rink becomes a place of learning, of love,
- 13:22not tension or tallying sacrifices that your parents are doing.
- 13:26If you ever catch yourself thinking, oh my God, this is too much,
- 13:31or no one appreciates how much I give, you need to pause before guilt takes over.
- 13:36Resentment is a signal. It's not a flaw.
- 13:40So if you feel that way, perhaps it's your system's way of saying,
- 13:44you know what? I need a rest.
- 13:46I need clarity or appreciation. So it's not a sign that you're failing.
- 13:50It's a sign that you're human. We're all human. So instead of pushing through
- 13:55it, just acknowledge it, talk about it, and adjust things.
- 13:59Dreams are not meant to break you. They're meant to expend you.
- 14:03And that expansion will require you to rest sometimes and totally recalibrate everything.
- 14:09So give yourself a little bit of self-compassion, okay?
- 14:13Skating is amazing. Skating is beautiful. But at the end of the day, every dream has a cost.
- 14:20It has a cost of time, of energy, of money, of emotion.
- 14:25But when the cost is paid with awareness and love and gratitude,
- 14:28it becomes an investment in who we are becoming, who your skater is becoming,
- 14:34and you, who you are becoming in their journey.
- 14:37So whether you are a parent or a skater, take a moment right now and ask yourself,
- 14:42how can I pursue this dream with peace instead of pressure?
- 14:47Thank you so much for showing up with heart, courage, and honesty for yourself and your skater.
- 14:53And remember that you're not just funding
- 14:56a sport you're fueling a life you're building an incredible person with so many
- 15:04tools they will use forever i always say it i wouldn't be the person that i
- 15:10am today if it was not for figure skating go figure so.