Today’s world is increasingly having to deal with the constant problem of finance and other financial aspects whether it is the functioning of a state, company, household, sport club or an individual. After the outbreak of the world financial and economic crisis, economic decision-making gets more and more to the forefront and the economic decision making will have to think twice before investing money in some form. The same is true for sport itself. In the Czech Republic sport receives money from three sources – from the state, from the sports clubs and ultimately from households themselves. The state contributes a certain percentage of the state budget to the development of Youth sports in the country each year, however this number falls short of covering all the expenses that are necessary to provide the needs and functioning of sport. The second source is the club owners who attract sponsors and other entities which provide financial assistance. Money can be obtained from sponsorships, advertising, TV rights etc. However, this does not completely cover all the expenses that are associated with practicing a particular sport. Finally, there is the last entity and these are households. In order for the sports clubs and individual sports to function properly, a part of the funds needs to be covered by households. Unfortunately, this percentage increases year after year. To support the children to practice the sport of their choice it has become extremely difficult both financially and sometimes mentally. This article is focused on the financial aspect of athletic sport. The research was based on a survey in Prague city and Central Bohemian region. The questionnaire survey aimed to find out how big are the financial costs covered by the households in different age categories from 8 to 18 years. Individual values for all age categories were added to the total number that should reflect the total costs incurred in raising a child from an early age to senior age – the time when the sportsman usually starts earning money by practicing the sport. The research and paper was prepared within the project “Economy of sportsman in Czech Republic” funded by an Internal grant agency at University of Economics, Prague.