Extracurricular Activity Expense Tracker

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Extracurricular Activity Expense Tracker

Inspired by a conversation on:

The Ramsey Show Highlights

The Ramsey Show Highlights

We Have 11 Kids and Spend All Our Money On Sports

Host: Dave Ramsey

Timestamp: 00:00:00 - 00:08:11

Listen to Episode • View Podcast • All Ideas from The Ramsey Show Highlights

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Feather Flow

Direct Quote

"The sports aren't the problem. They're the symptom."

Market Gap

Families are unaware of how much they spend on extracurricular activities.

Many families are not fully aware of the cumulative costs associated with their children's extracurricular activities, such as sports, music lessons, and other hobbies. As highlighted in the podcast, a family quickly accumulated $25,000 a year on sports alone, leading them to significant debt. Without a clear expense tracking tool, parents may overlook the total amounts spent over time and how these expenses impact their overall budget. This lack of awareness can lead to financial strain and poor decision-making regarding family finances.

Summary

This idea involves developing an expense tracker specifically for extracurricular activities, allowing families to log and categorize their expenses related to sports, music classes, and other activities. The tool could provide insights into spending patterns, helping families understand where their money is going and allowing them to make informed decisions. Features could include budgeting tools, alerts for upcoming payments or registration fees, and the ability to set spending limits for each activity. By encouraging families to actively monitor and manage their extracurricular spending, this tool could help prevent overspending and promote healthier financial habits.

Categorization

Business Model
SaaS
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$1,500 - $3,000 MRR
Moderate (Most Likely)
$5,000 - $10,000 MRR
Optimistic
$15,000 - $30,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
6/10
Feasibility
7/10
Market Potential
8/10
Evidence
6/10
Overall
7/10
Found on October 15, 2025 • Analyzed on October 15, 2025 11:00 AM

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How should I validate this saas idea before building it?

2:34 PM

Great question! For a saas idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Generalist to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

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2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 3-6 months, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
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I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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