Take some food along with you for breakfasts, snacks and drunk nibbles, and you'll cut out a huge portion of your costs. Eminem, the white-rapper-turned-actor who sold more discs last year than any other musician, sold $5.2 million worth of tickets to 88,000 people for two upcoming sold-out shows at Ford Field in his home city of Detroit. On the other hand, just 21% of baby boomers ages 57 to 76 plan to do the same, making them the most fiscally conservative age group. But one of the biggest expenses of the weekend can be replacing clothes that get damaged. Whether youre using, LendingTree, LLC is a Marketing Lead Generator and is a Duly Licensed Mortgage Broker, as required by law, with its main office located at 1415 Vantage Park Drive, Suite 700, Charlotte, NC 28203, Telephone Number 866-501-2397, More than 1 in 4 Americans plan to attend a summer concert, With spending on the rise, more than a quarter of concertgoers expect to take on debt, Consumers are splurging on seats especially for their favorites, Concertgoers funding their festivals with credit card rewards, Tips to control concert spending this year. Disclaimer: The links and mentions on this site may be affiliate links. Venues might be filling up again, but wallets are looking thinner. While almost half of concert attendees (47%) expect to spend between $100 and $499, nearly a third (32%) plan to spend $500 or more 10 percentage points higher than pre-pandemic attendees. Among the most common concert expenses, food and drink rank highest across all demographics 60% of concertgoers plan to purchase refreshments during their concert or festival experience. Thus musicians increasingly rely on road shows for their income. Volunteering to work at festivals can be pretty economical, as long as you're willing to put in the work.
All responses were reviewed by researchers for quality control. Like many news outlets our publication is supported by ad revenue from companies whose products appear on our site. Increased scrutiny from watchdogs and complaints from consumers over the power of the Ticketmaster monopoly had a lot to do with it. This will save you spending money on alcohol all day long, and your liver will be grateful. Many are going in hard at promoting recycling, offering keen litter-pickers cash rewards if they return their used cups. But you can bet everyone else will have the same idea. Nothing against the band, I like a couple of their songs and love their Bad Company cover, but they just arent my cup of tea. On the other hand, just 13% of Gen Xers and 6% of baby boomers feel similarly. Wait, what? Most decent chargers will be able to recharge your phone at least five times over. Planning ahead with this one can save you an absolute fortune. On average, men have three shows on their schedules, while women plan to see one. Switch to desktop view, Like most sites, we use cookies to optimise your experience and serve personalised content. It's so much darn fun. Avoid this by investing in a portable charging pack. How to get free and cheap sanitary products, Student overdrafts: everything you need to know. That may be a trip, but it saves you on a few of those service fees. You could also set yourself a rule (or at least try) that you'll just drink water until a certain time of the day. Id say just try to pay attention the the band and music as much as possible because it can seem a little surreal watching one of your favorite bands live and before you know it the show is over and youre left wondering what all songs they played lol. When the time comes, the most effort you'll be able to handle is opening a packet (and even that's pushing it). It may not have been reviewed, commissioned or otherwise endorsed by any of our network partners. Peter Kafka, Forbes.com. Men are also more likely to use credit card rewards than women. The languid rapper, who has accessorized a military-style T-shirt with diamond-encrusted dog tags, gets his fans to do much of the work: They rhyme along with him during each song, finishing his verses when he holds out the microphone. Think along the range of 35-45%, with the remainder going to their management company. Chances are, you've already forked out a fair bit of dosh on your festival ticket. 07406526, Privacy Policy - Sitemap - 2022 Save the Student. Perhaps during the opening act so you can check it all out without feeling rushed by the line. Its also just one less thing to think about later on. The two groups most likely to take on debt are particularly inclined to believe the pandemic justifies their expenses: 25% of Gen Zers and 27% of millennials say they think its worth taking on debt to see a show or concert this year, compared with 18% of all concertgoers. I know, amazing.
It'd be like charging to use the u-scan at the grocery store. Record your favorite songs on your phone if you want so you can have the memories for later, but again, pay attention to the band and not your phone if you do this. The Dixie Chicks, the country crooners who came under fire for opposing the war in Iraq, sold more than $45 million in tickets for 57 shows in less than a week. After concerts came to a near-halt at the height of the pandemic, music fans say that taking on debt this year is worth it. It does not constitute financial advice. And I mean real limits, not the feeble ones they have now that aren't enforced and clearly don't work. If you don't plan on using public transport, you could either hitch a ride with friends or onboard some pals to share the cost of you being the designated driver. Any other ticket buying advice? Inflation will hugely affect concertgoers this year, Schulz says. You'll be able to pick up all the essentials and still have plenty of change left over to stock up on food and drinks. You could find yourself buying a couple of extra drinks simply from picking up some leftovers, and they are everywhere at festivals. Following that, 31% of millennial concertgoers plan to take on debt, but only 18% of respondents in this age range have done it before. 
You're welcome! As more and more festivals are striving to become greener, earning cash for recycling is fast becoming one of the easiest ways to help fund your festival weekend. Now you know why more bands tour so much. Graying geezer groups reap the biggest riches, bankrolled by baby boomers who can afford stiff ticket prices. Check out our student festival guide for our best picks. Carrying lots of cash on you might not initially feel like the smartest idea. This site does not include all credit card companies or all available credit card offers. Climate Positive Website And while men would pay around $381 to see their favorite artists, women would spend an average of $261 a $120 difference. Nele van Hout Phone 020 8191 8511 Well, in most instances you're going to get your tickets from a reputable online dealer like LiveNation, which includes Ticketmaster, TicketsNow, TicketWeb, and House of Blues. Here's how to have the time of your life, without breaking the bank Credit: Monkey Business Images Shutterstock. Glad to see they finally got rid of this. I always see people doing that and just feel theyre missing out. We sometimes use affiliated links which may result in a payment following a visitor taking action (such as a purchase or registration) on an external website. An additional 32% say they havent done so, but would consider it. Decide how much money you'd be happy spending across the whole festival and divide this across each day. You can also sign up for our newsletter and we'll keep you informed if we find any deals on festival gear. Schedules are notably fuller this year, too. What's with all the service fees and other add-ons? Buying tickets from a box office whenever possible is a great tip. If these questions have been rattling around your brain, Wise Bread has the answers for you. LendingTree does not include all lenders, savings products, or loan options available in the marketplace. By using our website you agree to our use of cookies. Disclaimer: This site contains affiliate links from which we receive a compensation (like Amazon for example). More spending isnt the only difference in concertgoers financial plans. If you're really against the idea of wearing a bum bag, go for a money belt. Well, for bigger name, well established acts, they do get a bigger chunk of the ticket revenue. As a frugal ticket buyer, I always simply allowed my tickets to arrive in the mail, or if it was close to the date, arranged to pick it up at will call. July 11, 2003 -- In 100-degree heat, the crowd starts to build in front of a Las Vegas nightclub two hours before the doors swing open. But with a keen eye, you can bag some great free stuff. An increasing trend at gigs and festivals is to give you bottles without the lid. Heres a chart that outlines where the money goes, with a further breakdown below. Music festivals are an amazing summer experience acres of mud, flower garlands and questionable drunken antics. Updated by One of the biggest costs at any festival is food. Save the Student provides free, impartial advice to students on how to make their money go further. And good for them, because touring is no easy task (despite what you may have heard from Motley Crue). So, leave the expensive gear at home and go for some cheaper favourites. Save the Student and its authors are not liable for how tips are used, nor for content and services on external websites. His current European tour includes three nights at England's cavernous Knebworth Stadium, where he will cavort in front of 150,000 people each night. Theres virtually no aspect of the experience that wont be touched somewhat by inflation., Concerts are so expensive these days that every little bit can help, and credit card rewards can help you extend your concert budget in a big way, Schulz says. This will be my very first concert ever. Sign up as early as possible as volunteer positions can fill up quickly. Ask us a question or share your thoughts! Keep reading to learn how concertgoers are spending their money and whos using reward points or miles to pay for their related expenses. Turn on desktop notifications for breaking stories about interest?
One in 5 (20%) consumers have purchased an early bird special ticket for a music festival, which will typically offer lower prices before full lineups are announced. As soon as you know the dates of the festival and the opening times of the campsite, book your travel ASAP. His entourage of 20 retires to the green room to joke and pass around vodka. 
Even Cher, whose own farewell tour has stretched out for more than a year, will stay on the road through the end of August, flanked by the mechanical elephant that appears on stage with her. Not saying they are poor, but newer artists will not even see 50% of FV for most tickets. Men also have more concerts scheduled than women. Dont really plan on recording anything, just a picture here and there. The venue of the concert/gig is responsible for adding any facility charges, and they receive 100% of the money collected from them. Besides this, I don't know how much money you should bring because I don't know the costs of things in there (here we don't use dollars, different economy). They are usually around ten bucks online, We in this sub-reddit welcome all the Breaking Benjamin fans around the world. It might also be worth hanging around the food stalls as they're closing up for the night. Also, about the ear plugs, I never used them in concerts, but they are cheap right? Vivendi's Island Def Jam may create a tour division. Please enter a minimum of three characters. More than a quarter (26%) of Americans say they plan to attend a summer concert or festival, with 12% expecting to do so in the fall. Merch at concerts is super expensive, so if youre looking for a shirt take at least $30 to $40. And with 43% of Gen Zers planning to attend one or more out-of-state concerts the most of any group surveyed its no surprise that theyre also more likely to purchase plane tickets (23%) and book a hotel or Airbnb (32%). However, if you do spend a little more on a tent that'll last a few years, you'll be able to use it again which will benefit your bank balance and the environment.
But a top concert draw can take home 35 percent of the night's gate and up to 50 percent of the dollar flow from merchandise sold at the show. I went to Craigslist and found someone selling them last minute because they had to back out, and they only asked face value. But it isn't necessary and the chances of it getting damaged are (let's be honest) pretty high. Privacy policy. With a teeny bit of forward-planning, you can save yourself a pretty penny. However, while it might not be worth buying the most expensive, top-of-the-range tent, you may not want to go for the absolute cheapest either as the quality will probably be quite poor. Advertiser Disclosure: Many of the credit card offers that appear on the website are from credit card companies from which Wise Bread receives compensation. If this isn't available, you will be charged to charge! Disclaimer: All content on this website is based on individual experience and journalistic research. Onstage, though, Jay-Z barely breaks a sweat. Nearly 4 in 10 (38%) concertgoers say theyll spend more money to get nicer seats than before and theyre willing to pay up to $328 to see their favorite artists. Its your first concert experience so make the best of it and enjoy yourself! There are loads of cool services that are often overlooked at festivals. You can easily spend hundreds on all your camping gear. Now, depending on the price of the ticket's face value, service fees can be as much, or sometimes more, than the cost of the actual ticket! It can be tempting to pay for a festival programme. Itll cost more to drive or fly to the show. Just over half of male concertgoers (51%) report they would; on the other hand, just over a third (37%) of women report similarly. Performers frequently moan about never seeing a royalty check from their record label, no matter how many discs they sell. On average, the artist takes 74% of the ticket price, although it can go as high as 90% in some cases. There's nothing worse than buying all of youralcohol in preparation, only to have it confiscatedas you go through festival security. Who likes driving alone anyway? Always overestimate how much you're going to spend. Wise Bread is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Lucky for me though, StubHub had a bunch at the bargain-basement price of $370! Not only are concertgoers planning to spend more in 2022, but theyre also more willing to shell out extra cash for their seats. Meanwhile, men (30%) are more likely to have summer concert plans than women (23%). The survey was administered using a nonprobability-based sample, and quotas were used to ensure the sample base represented the overall population. Advertiser Disclosure ▾ How to Watch Movies in the Theater for Free. It's worth setting aside an emergency fund in case point number one doesn't go quite according to plan. This way, you won't have to buy portable chargers or pay out at festival charging stations. If you choose standard delivery or print-at-home options, these should not apply. While some festivals will have free charging stations like the ones mentioned above, relying on this option is risky. And I'm happy to learn that most of the money does go to the artist -- that makes me feel better about when I do indulge in a pricier ticket. I hope this info helps, and Im sure youll have a great time at your first concert! More than a quarter (28%) of Gen Zers and 24% of millennials say theyll go to any concert they can get cheap tickets for. By 9:30 p.m., 1,500 sweaty people are packed inside, where it's almost as hellish as it is outdoors. A sneaky bottle lid at the bottom of your bag can save you downing your drinks, only to have to buy more later. In return, you'd get free access to the festival. Millennials (ages 26 to 41) and Gen Zers (ages 18 to 25) are most likely to have summer concert plans, at 33% and 32%, respectively. Millennials (48%) are more likely to splurge on seats this year than Gen Zers (41%), but the youngest generation says theyre willing to pay the most for their favorites. Back in the eighties and nineties, it was usual to pay 10% or less in service fees. I originally figured about 200$ haha. As far as how much cash to bring or have ready for merch, thats up to you! While our team has dedicated thousands of hours to research, we aren't able to cover every product in the marketplace. Among Gen Zers the most likely group to take on debt 41% of concertgoers say they plan on doing so, up from the 21% total who said they have before. For more information on securing the best prices for your journey, check out ourguides to cheap trainand coach travel. 1 June 2022. Heading to a festival this summer? 
In general, younger audiences say theyd see any artist if they can get a deal. the artist takes 74% of the ticket price, Advertising blogger and copywriter, and creative director for over 20 years, This Customizable Credit Card Puts You in Charge, How a Credit Card Can Actually Help You Get Out of Debt, 4 Ways to Protect Your Retirement From Inflation, Start an Investment Deathmatch to Find the Best Investments, 4 Simple Ways to Conquer Your Fear of Investing. While concertgoers should be cautious, Schulz says the benefits of using reward points can go a long way. Dry and non-perishable foods such as granola bars, cereals, peanut butter, crackers and crisps are all good ideas. The user experience shouldnt be any different, and such links do not affect our editorial decision-making.
Touring with them are the hyperactive Busta Rhymes, the playful Missy Elliott and several other acts. City, state, and local taxes are typically included in the face value of the ticket and are not considered service fees. One company already has: In October EMI Recorded Music signed a deal with Brit singer Robbie Williams that gives the label a cut of the pop star's merchandise, publishing, touring revenue and sponsorship. For festival newbies, especially, it's easy to spend way more than you intend to. Please view our. 24/7 coverage of breaking news and live events. But don't expect to pay just $1.50 in service fees. If you want a hoodie or something Id say take around $65. Company registered in England and Wales No. Among those attending a concert, more than 4 in 10 (44%) will cash in on credit card reward points or miles to pay for part of their expenses. It turns out that assumption was dead wrong. Also, lines for merch can get long, so pick your time to visit and check it out accordingly. Either way, don't think you need to keep pace with your friends when it comes to buying things. They've even come back into fashion. I'd take about $100 or maybe a little less. People often make the mistake of waiting until the last minute to book their tickets in the hope that prices will fall. Overall, while millennials are slightly more likely to have concert plans this summer, Gen Zers have the most shows on their schedules theyll see an average of four shows this year. Other label executives are eyeing the idea, albeit less openly. Its in an amphitheatre and ive got a center seat. While music sales have dropped for three years in a row, from $13 billion to $11.5 billion in 2002, hurt by Napster-style digital piracy and a lackluster flow of hot new acts, the tour business has climbed for four years straight, from $1.3 billion in 1998 to $2.1 billion last year. Keep a close eyeout for deals online, as well as in places like your local supermarket. So im trying to plan things ahead of time. Among male concertgoers, 43% said theyd splurge for better seats, compared with 34% of female concertgoers. Spur of the moment splurges like this will really blow your budget though, so take a few deep breaths and step back. Face value of the ticket was $62, but the tickets had all gone. Save yourself the expense and withdraw your money before you go. If you reallyhave your heart set on picking up a souvenir, at least wait until the last day of the festival to part with your cash. That way, you'll have money left over if things go wrong. Thisis all fine and dandy until you want to put your bottle away and save some water for later.
Also, be mindful of what you buy and will need to be carrying around, it can be a bummer carrying a vinyl record around when youre trying to rock out lol, so maybe even hit it up after the show.