Financial advisor explains how to organize your personal budget to buy tickets and save on international shows
The announcement of a big tour, an unmissable music festival, or a famous band’s farewell show. There’s no way around it: fans are quickly excited to honor their idols up close, but without proper financial planning, this type of expense can end up weighing heavily on their pockets.
Ticket, transportation, food and accommodation expenses It can put your personal budget into the red. To avoid this scenario, Mila Gaudencio, economist, financial educator and bank consultant, has highlighted some essential tips to save on shows and festivals of your favorite artists. See below:
Create a fund for concert expenses
Creating a financial fund is one of the best solutions to stay focused on achieving your goal and be ready for sudden show announcements. “The first step is to rank the priority level of this leisure activity compared to other personal desires and fixed needs, such as food and monthly bills,” Mila emphasizes. This way, you can define how much of the income should be allocated to the fund and used exclusively for this purpose, ensuring the availability of resources in response to event announcements.
Credit card shouldn’t be the only option
According to Serasa, credit cards are the main means of payment for show tickets. However, according to Instituto Locomotiva, it is also the main source of debt for 60% of the Brazilian population. According to the expert, it is important to evaluate the need to use the card to avoid debt.
“With a fund earmarked for these expenses, the use of a credit card becomes superfluous and, often, the price of the ticket can be reduced, since cash payments may not have the interest of the card. But if you use your credit card consciously and strategically, using advantage points, for example, it can be an ally,” he warns.
Beware of additional costs
To save on shows and festivals, you also need to consider additional costs. It is worth remembering that the visits of many international artists to Brazil are still limited to the southeastern states, forcing fans from other regions to make long trips. Therefore, in addition to the ticket price, include expenses such as transportation, food and accommodation in your planning.
Monitor your entertainment expenses
During shows and festivals, the excitement is high and fans often forget to account for small expenses. “Setting a spending limit and carrying a limited amount of cash to avoid impulse purchases is a good money-saving technique, especially on occasions like these, which tend to have inflated prices,” Mila emphasizes.
Source: Terra
Ben Stock is a lifestyle journalist and author at Gossipify. He writes about topics such as health, wellness, travel, food and home decor. He provides practical advice and inspiration to improve well-being, keeps readers up to date with latest lifestyle news and trends, known for his engaging writing style, in-depth analysis and unique perspectives.
