Nice-Tune Your Music Competition Funds and Save | Good Change: Private Finance

Dalia Ramirez

Attendees of this yr’s Coachella music pageant have posted viral movies including up their bills from the weekend – with prices reaching the 1000’s for flights, motels, meals, drinks, outfits and rideshares. Plus the ticket, which may begin round $ 400 for a three-day move to a preferred pageant like Lollapalooza or Coachella.

Summer time music festivals could be a once-in-a-lifetime expertise, however prices can simply blow a gap in any funds. Should you’ve determined to make the leap this summer time, listed here are a couple of methods to maintain your pageant spending in examine.

Try bank card rewards

The most effective methods to profit from your cash at a music pageant is to make the most of bank card rewards for leisure purchases. The suitable card can get you money again on tickets, entry to lower-cost presale tickets or free add-ons like meals and lounge entry. Some may even get you entry to unique artist performances and actions like a Ferris wheel journey.

Journey-specific bank cards may help you save on flights and motels in the event you’re attending an out-of-town pageant, and plenty of provide rewards for automobile leases and Uber rides as properly.

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Plan forward for hidden prices

Should you’re unprepared for full days of strolling and dancing – and strict guidelines on what’s allowed contained in the pageant gates – it’s possible you’ll end up paying for surprising requirements together with meals, water and transportation.

Kaitlin Gomez is a nursing pupil and avid festivalgoer based mostly in Irvine, California, attending a multi-day music occasion virtually each month. Along with her devotion to those experiences, she’s realized to arrange prematurely so she’s not overspending contained in the pageant. She recommends consuming beforehand (and consuming, if that is your cup of tea), and carpooling if doable. Professional tip: Many festivals have restricted free parking accessible in the event you arrive early sufficient to attain a spot.

Her greatest value saver, although, has been buying “funding items that final years and work with pageant guidelines,” like a backpack with a built-in hydration pack, sturdy sneakers and a transportable charger. Occasions can overcharge for on-site meals ($ 17 for an order of rooster tenders at Coachella), water bottles and even cellphone charging entry, so coming ready retains prices in examine.

And a word on lodging: Whereas some festivals, like Coachella, provide a tenting choice for a worth, some don’t. So in the event you want a resort, store round and guide early. Airbnbs typically tack an additional $ 100 or extra in charges on prime of the reserving worth, so a shared resort room would be the most cost-effective choice.

Select cost plan or presale

Most festivals provide a couple of choices to pay on your ticket. The primary is paying for the complete ticket worth outright, which may range relying on while you make your buy.

Festivals normally have a number of “tiers,” beginning on the lowest worth for patrons with presale entry, and as much as lots of of {dollars} extra for tickets bought inside weeks of the occasion. Signing up for presale, particularly with unique entry from a collaborating bank card firm, can assure you the bottom doable worth.

But when you do not have the funds to cowl a whole ticket at one time, a zero-interest cost plan from the occasion firm could make the fee extra manageable. Although it will probably value a small comfort price to pay in installments, “it would not really feel like a lot of a monetary influence while you’re solely paying a fraction each month,” says Gomez.

A Coachella ticket, for instance, may be bought for $ 99 down, with the remainder paid at round $ 44 a month for the following eight months.

Be part of the social media neighborhood

Going to a half-dozen festivals yearly could seem unfeasible, however on this period of social media, that form of devotion can repay. Gomez and 1000’s of others have grown and monetized their on-line followings to fund their music pageant habits, incomes themselves free tickets and commissions within the course of.

“Create useful content material and the partnerships will come,” says Adriana Ramos, an Austin, Texas-based life coach, digital advertising advisor and creator of pageant weblog Ramos has spent years sharing her pageant experiences and recommendation, which has helped her construct a robust platform with a loyal viewers on her web site, YouTube and Instagram.

Due to her affect, occasion organizers and affiliated manufacturers have provided Ramos free tickets and the chance to make a fee from her followers’ ticket purchases in alternate for making promotional social media content material. With some occasions and types, you may apply on to change into an affiliate associate.

Particular person content material creators are a useful supply of promoting for giant pageant manufacturers, so in the event you’re keen to take a position the time, interacting with the pageant neighborhood on-line may help you attend extra occasions at a diminished value.

Weigh your priorities

Even with bank card rewards, planning forward and partnering with occasion manufacturers, a music pageant ticket can nonetheless be a severe funding.

“It’s OK to not go to a pageant if it’s going to set you again financially – or in the event you can’t afford to take pleasure in it totally,” says Ramos. “There’ll at all times be one other one.”

This text was written by NerdWallet and was initially printed by The Related Press.


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