This past weekend we were at a pretty rockin’ music festival, and we managed to do everything on the cheap. Our total net spending on for the festival, food, and drinks totaled $50 for the two of us. Considering that tickets for the whole festival were selling for $45, I think we did pretty well. Here’s the breakdown.
Tickets – We bought a few extra pairs of tickets and ended up selling them for the cost of the tickets plus the value of our tickets. Total cost: $0.
Drinks – We were allowed to bring sealed water bottles into the festival so we picked up some water on the way at CVS, and refilled them as the day went on. I also bought a few beers at $4 each. Total cost: $14.
Food – This is where our spending took a hit. We managed to sneak in a bag of trail mix that staved off the hunger for a little while, but our hungers were no match for the sun, the dancing, and the rock. Food at these festivals are expensive, and there’s no getting around that. Total cost: $36.
The festival was well worth the total cost of $50. I wonder what the long-term costs of the hearing damage will be! Does anyone else hear that ringing…?
Last year, we gleefully paid about $500 for tickets to three summer music festivals in Chicago. Fortunately for us, we struck early this year and purchased the early release tickets to all of the festivals, limiting our total to just about $200 for both of us.
I guess that’s not totally honest. We did think ahead this year and bought extra tickets to each event, in hopes that we can sell them for at least the amount that we purchased them for. A search on Craigslist reveals that there is quite the market for tickets to the events that we have extra tickets for.
A little capitalism goes a long way for providing cheap, free, even profitable summer fun.
Two tickets to the Intonation Music Festival: $64.50
Two tickets to the Pitchfork Music Festival: $70.00
Two tickets to Lollapalooza: $299.50
Total ticket purchases for summer music festivals: $434.00
Three weekends, over 200 bands, diminished hearing, stories and memories of a lifetime: Priceless
Assuming there will be 200 bands total that we’re going to see, it comes out to $1.09 per band per person for each festival. Not bad. Not to mention this wasn’t put on a credit card. I’d pay way more than that just to see some of these bands by themselves!
I don’t have a twinge of regret after buying these tickets. She and I are still talking about last year’s Lollapalooza and how fun it was. In 40 years, I’d like to be talking to my grandchildren about how daddy and mommy were Chicago hipsters in our 20′s and went to music festivals, not how we stayed home and paid the bills.
We have to remember that personal finance is exactly that – personal. While that money could have been utilized for debt repayment or investing, I’ll trade that for the memories, fun with friends, sunburn, and the experience of seeing a lot of bands that I like. That’s something you can’t put a dollar amount on.