<p>“With the Olympic, you know exactly what it would take to win, all of it is hard work and God given talent.”</p>
<p>Not true. It also takes opportunity to pursue what one’s talented in, the money – often big bucks – to pay for coaching and training, and the parents, medical care, and other support that encourages and allows you to pursue your talent. </p>
<p>"Money Magazine) – Although they live on opposite sides of the world, Charlotte Craig and Luo Wei share the consumer habits typical of their generation. Craig, a shy 17-year-old from Murrieta, Calif., texts her friends on her cell. She goes to the mall. She paints her fingernails black and her toes pink.</p>
<p>Six thousand miles away in Beijing, Luo, 25, wears Nike sneakers. She loves fragrances such as Burberry London. And she splurges on cell phones, like her new $285 Samsung.</p>
<p>Oh yeah, one other thing these young women have in common: In a half second, both of them can knock you flat with a spinning hook kick to the side of your head.</p>
<p>Craig and Luo are world-class practitioners of the martial art of taekwondo. And both are headed to Beijing in August to represent their country in the Olympic Games. …</p>
<p>But elite athletes like Craig and Luo need something else: money, and lots of it. The bills for coaching, training facilities, tournaments and other expenses easily add up to tens of thousands a year. For young American athletes, that financial burden falls squarely on their parents; for Chinese youth, the government picks up the tab - if they’re good enough…</p>
<p>Charlotte turned 14 in 2005, making her old enough to compete for a spot on the U.S. junior and senior national teams. She won gold at the necessary tournaments, earning a spot on both teams.</p>
<p>But the wins were costly: The Craigs took Charlotte to six tournaments that year, spending a total of $12,000 on everything from air fare to admission tickets for Mom and Dad. Jim missed three weeks of work, in effect costing them another $4,500. They found themselves constantly running short. Mom Charlotte borrowed $1,500 from their eldest son, Randy, when their bank account ran low…"
[The</a> American way - Jul. 23, 2008](<a href=“http://money.cnn.com/2008/07/22/pf/price_glory.moneymag/index2.htm]The”>The American way - Jul. 23, 2008)</p>