Photo: thianchai sitthikongsak / Moment / Getty Images
Did you feel like this summer was more expensive than previous summers? Well it probably was…because of “funflation!”
It’s the increasing price tags of live events and we all pay…because these are experiences that we lost during the Covid years.
The pandemic changed the way so many people view their spending, and the result is that people are more focused on the ‘right now’ than thinking about 40 years from now.
Sporting events are up over 20% than last year… Concerts, movies and travel all are up, and the crazy part is that we all continue to pay these high prices.
Some admit they’ll go into debt in order to take that vacation. You know if Taylor announced a pop up anything concert here in LA…we’d all be emptying out our savings to be there!
And it’s all because we were cooped up for a couple years during covid and now we all have a YOLO mentality.