After two long years of being so cautious with safety precautions and social events due to the COVID-19 surge, buckle up because the Philippines is now open for concerts this year, 2022! Thanks to the lowered alert levels around the country, the massive concert-goers will now be back to their element as various bands and artists announce their concerts and tours. Several concert schedules and music festivals have already been released, even just this first half of the year. This includes artists of our own like Morissette, Zack Tabudlo, The Juans, BINI, BGYO, Alamat, MNL 48, etc., as well as foreign bands and artists such as LANY, All Time Low, Avril Lavigne, Westlife, The Script, Justin Bieber, and the KPOP girl groups (G)I-DLE and Red Velvet.
There are plenty of benefits of going to concerts, including seeing your favorite artists perform live. However, some may still think that despite the benefits of attending these concerts, they are these concerts worth it? That is, mainly in terms of budget and financial issues.
Here comes the bottom-line question: Is going to concerts a great idea, or is it better to save our money for future investments?
Saving Money for Concerts
Since the onset of the COVID-19 pandemic in 2020, the most prominent music halls and grounds are now back to opening their spaces for local and foreign acts. This is probably your sign to check one up to your bucket list and start saving up your money so you can see and meet your favorite musician. You can't deny that concerts are some of life's best experiences if you're a music aficionado. We've all spent our fair share on tickets, merch, and transportation to the venue, but for many, attending a concert is still considered a luxury. You may not enjoy shows as much as these people do, but you will undoubtedly agree that there are advantages to attending concerts.
Concerts are a terrific way to meet new people and have a good time, especially if you share hobbies. There's also something incomparable about live music. It's difficult to put into words how you feel when you see your favorite band perform live on stage. It's unlike anything you've ever known and an experience you'll never forget.
Saving Money for Future Investments
Let's admit it: One day, we'll stop earning. That is why it's good to secure our future financially, and investing is a great way to improve your financial status once done properly. It helps you live an easier life in the future, knowing that you are achieving your financial goals. This gives you the feeling of self-reliance and the power to do things.
Real estate and condo investments are common and viable financial strategies. It can be considered a safe way to invest your hard-earned money as it, if not always, is commonly in demand.
Saving Up Money Tips
The most critical step toward achieving your financial goal is to begin saving. You cannot develop your fortune or money unless you start saving.
We are aware of how concert tickets could be so expensive depending on the artist, the seat you'll take, and the allowance you'll have to save on the actual date. So, setting back the enjoyment and pleasure we would feel seeing them or socializing with co-fans and concert-goers, we would still contemplate whether concerts are worth it or would it be better for us to save the money for investments like real estate that would probably help us out in the future.
That is why we are here to give you saving up money tips that can help you balance out your wants and needs—your desire to attend to favorite artist's concert and at the same time have enough money left for future investments.
- Record your expenses - The first tip in saving money is determining how much you spend. Keep a record of all your expenditures. Record your costs in whatever way works best for you, whether with a pencil and paper, a simple spreadsheet, or a free online spending tracker or app. Once you have your data, sort it into categories like groceries and mortgage and total each amount. That way, you are aware of how much you are spending and how much you can spend on other things such as your wants.
- Set saving goals – For one to continue its motivation, a plan is needed. Think about things you want to save for, whether your concert ticket or a condo investment, whatever you want. With that, you are clear with how you will spend your money, and you can also estimate how much and how long you need to save the amount needed.
- Weigh out your priorities – We all have our wants and needs, and it's great to be able to get through both of them. However, there is a time when we are forced to choose, especially if we're on a tight budget. Let's say you only have just enough money left to buy either a desire or a necessity; you need to keep in mind your priorities to make the right decision. Who knows, maybe the time will come when you have saved enough, you won't have to choose anymore because you could have both.
- Watch your savings grow - Every month, go through your budget and track your progress. This will assist you in sticking to your personal savings goal and identifying and resolving problems as they arise. Is your budget good enough, or do you need to cut fewer prioritized expenses? Is your money growing? Does it remain stagnant? Understanding how to save money may even inspire you to find more methods to protect and reach your goals more quickly.
To Go or Not to Go
"You must learn to save first and spend afterward." – John Poole.
Ultimately, this all goes down to how you manage your financial budget. As said before, you can balance your allowance according to your wants and needs without neglecting either. Yes, you can go to concerts for your welfare—but it's better to limit them. Going for only once or twice is good enough to satisfy your whims but let's not get too out of hand because these tickets are costly to begin with.
Always include your financial management in your plans. You can live both a smart and joyful life if you put your mind to it. Are concerts worth it? Yes. However, do give yourself a constant reminder that you are saving up money not just to attend your favorite artists' concerts and tours—you are also saving up money to get financially stable in the near future.
If you choose to go to a concert, make sure to go without having yourself bankrupt at the end of the day!
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
