Something to see Taylor, right?
According to a Newsweek survey from the beginning of this month, General Z – generation born between 1997 and 2012 – is said to be drowning in personal debt. How much? 94,101 dollars to be correct.
And it seems that extravagant concert ticket purchases are contributing to that wild number.
It is nothing new that the cost of concert tickets has become astronomically high in recent years, thanks to the question and many fees that come with it.
However, General Z “and several millennia – are ready to dig further into a hole for a chance to see their favorite artists live.
A woman in Los Angeles spent $ 6,000 to “see as many shows as much as” Taylor Swift Eras tournament, according to Dayy Mail. She participated in two shows in California, New Jersey and Sweden.
Clearly, the zoomers are not drawing attention to what they cost them to participate in these concerts – because new data from Rakuten found that 30% of the generation use their rental money or mortgage funds to buy tickets.
Not a smart act for the future of this generation if they sometimes want to be homeowners – as the delinquency of credit cards and a large debt load are both agreements when it comes to adopting death.
To make things worse financially, websites like Stubhub and live places are now offering payment plans so that people can finance their wild ticket purchases.
And General Z is taking advantage of that option-as many concerts have taken on Tiktok to connect with their financial decisions.
One user posted a video of her eating nothing “but air” by reading the overlapping text, “I eat air after using clarna to buy a $ 600 concert ticket to see Fall Out Boy and bring me the horizon as I can’t afford the food now.”
Another Creator of Content shared a video of her making a festive dance for Gwen Stefani’s “Rich Girl” with the text, “I finally paid my expensive ticket Eras from July !!! (Thank you)”.
Dr Mary Paffenroth, a biopsychologist said the day, “from a neurobiological perspective, is not surprise gen Z and Millennials are ready to borrow money for concert tickets.”
“Dopamina, a neurotransmitter that makes people feel good, is already being released in the brains of young adults who are thinking of buying tickets to see Taylor Swift or Beyoncã ©,” added Dr. Pafenroth.
The expert continued to say: “This chemical change can cause what we call the ‘Hedonic prediction effect’. This means we look forward to the concert – it can be almost pleasant as the concert itself.”
#General #spreading #precious #concert #tickets #afford #buy #home
Image Source : nypost.com