Kids can have experiences at all price points. The Koolaid that is sold now is that these experiences need to be hyper expensive (a thousand plus dollars to be in a private play, thousands of dollars to be in travel sports and dancing).
We all make choices with money. It’s one choice to pay for this and not to do things like pay off student loan debt, not to save for retirement and not to save for the child’s education. I think more thought needs to go into the idea that childhood needs to be the Lexus brand and that the family’s time and resources (travel time, vacation time, money) need to be overly child-focused.