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Why are music festivals so expensive? And how to keep costs down this summer.




Festivals can be an expensive day out for people, and with the current economy and people trying to cut back, finding ways to save money is important.

Exclusive data shared with PA from Credit Karma, taken from an Opinium survey of 2,000 UK adults this month, found more than a third (35%) of festival-goers have dipped into their savings to pay for tickets this year.

Volunteering could be one way to save money
Volunteering could be one way to save money

General manager at smart money platform Credit Karma, Akansha Nath, says that festivals can be expensive due to a number of reasons – including the price of tickets.

Credit Karma’s new research shows that three in five (61%) festival-goers say that increasing ticket prices have gone too far. Festival-related expenses like transport, food and drink, and outfits are also mounting up, with three-quarters (76%) of people saying these costs are all increasing.

“There are also social factors too, as people are keen to avoid ‘FOMO’ – fear of missing out,” Nath says.

“Three in 10 festival-goers feel pressure to attend festivals purely because their friends are going – particularly Gen Zs.”

Founder of ticket resale platform Twickets, Richard Davies adds that festivals have “become big businesses” and costs behind the scenes reflect that. “From artist fees and production to infrastructure, security and licensing – everything is now more expensive,” he says.

“Luckily there are festivals for all types of budgets, so fans can choose a one-day event or a festival that’s four days with accommodation, depending on how much they want to spend.”

Davies and Nath both share a number of ways that festival-goers can cut back on expenses as festival season approaches.

No-one can afford to be at every festival, so make sure you prioritise the events and acts you most want to see most
No-one can afford to be at every festival, so make sure you prioritise the events and acts you most want to see most

Volunteer: “Volunteering at festivals is a great way to get your ticket for free, in exchange for working a few shifts,” Nath says.

“Sites like My Cause UK and Oxfam can help you find available volunteer opportunities.”

“You can also sometimes get free meals and camping upgrades from volunteering,” Davies adds.

“Therefore, it’s worth asking the organisers what the options are.”

Richard Davies, founder of ticket resale platform Twickets
Richard Davies, founder of ticket resale platform Twickets

Buy and resell tickets: Davies says that buying or reselling tickets can also help.

“If you missed out on the original sale for your favourite festival, set up alerts on the Twickets app to be notified as soon as any resale tickets become available,” he says.

“You can also bargain with the seller if the ticket is labelled ‘accepting offers’, to secure a fair price.”

Festivals such as Glastonbury are expensive, but there are ways to enjoy yourselves while sticking to a budget
Festivals such as Glastonbury are expensive, but there are ways to enjoy yourselves while sticking to a budget

Pay in instalments: “Another way to cut costs is by using instalment-based payment schemes or credit that can split the cost of tickets across several months – whether that’s using credit cards, Buy Now, Pay Later credit, or the festival’s own payment instalment service,” Nath says.

“However, remember not to overcommit or take on more debt than you can afford to pay back.”

There are festivals for all types of budgets… and tastes
There are festivals for all types of budgets… and tastes

Go prepared and prioritise: “To make the most of your money and to avoid ‘festival regret’, prioritise events you will get the most out of, rather than giving in to pressure from friends,” adds Nath.

Many festivals offer single-day tickets so you can choose to just attend the day your favourite artists are on for a reduced cost.”

“People should also ensure they are prepared – festival food and drink is notoriously expensive so pack a cooler box full of long-life food to keep you full throughout the weekend,” she says.

“Coffee vans will often give out free hot water if you need to mix it into your porridge or instant noodles.”

Plus, make sure you charge for free. When your phone runs out of battery, often the only option is to use phone charging stalls at festivals which can eat into your budget. Bringing your own charging bank saves money and some festivals even offer free eco-charging points if you bring your own lead.

Be canny and be sure to charge your phone for free this summer
Be canny and be sure to charge your phone for free this summer

Use festival apps for deals: “Its always worth downloading the festival app when you arrive as some events offer discounts or freebies, surprise giveaways or share food stall deals,” Davies says.

“Keep your notifications on and check daily for the chance to save money. The festival’s official app should also have useful resources like maps and timetables, to ensure you can plan your day and not miss out on the artists you really want to see.”

Akansha Nath of the smart money platform Credit Karma
Akansha Nath of the smart money platform Credit Karma

So, is it still possible to enjoy a festival on a budget?

“With preparation and planning, there’s no reason your festival fun should be limited this summer,” Nath says.

“Just remember to prioritise the events you most want to go to, set a careful budget and don’t commit to more than you can afford.”



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