You only need one type of hangover this festival season, and it’s not going to be financial.
The lineups are being announced. Weather is heating up. Gyms are slowly becoming more packed. Festival season is well and truly upon us.
It’s the same every year. You manage to get your funds together for a ticket and then overspend at the festival because you didn’t budget. To save you from crawling around in the grass looking for dropped coins, we’ve put together a rough guide to how much your favourite festival is likely to cost:
Seeing all the costs laid out like this can be daunting. With ticket prices, food, accommodation and transport you could easily be looking at $2,000 for three days of festival fun. You can lower the costs by following these festival hacks:
If you don't have the money for your ticket or you haven’t budgeted enough for the festivals you want to go to, you can consider putting your festivals on credit. It’s important to put as much thought into budgeting for this option as you would paying upfront – will you be able to afford the ongoing repayments? Here are some options you have to fund your next festival:
Now that you've got your finances in check, why not check out the tickets that will get your summer heating up.
Images licenced under flickr.com creative commons
Elizabeth Barry is Finder's global fintech editor. She has written about finance for over five years and has been featured in a range of publications and media including Seven News, the ABC, Mamamia, Dynamic Business and Financy. Elizabeth has a Bachelor of Communications and a Master of Creative Writing from the University of Technology Sydney. In 2017, she received the Highly Commended award for Best New Journalist at The Lizzies. Elizabeth has found writing about innovations in financial services to be her passion (which has surprised no one more than herself).
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