What's the Scenario?
Your favorite band is going on tour for the first time in 10 years. However, tickets are very expensive. Do you go to the show?
Sam Savings Samantha

Savings Sam
"I noticed that I didn't spend all the 'fun' money I budgeted for myself last month, so when I add that amount to what I have budgeted for this month, it's enough to purchase a pair of tickets."
Bonnie Balanced Bonnie

Balanced Bonnie
"I have been saving up the money for a pair of tickets for a few months by setting aside a small amount from my paycheck each week. I might have had to cut back on some other things recently, but I couldn't be more excited for the show."
Ian Impulsive Irene

Impulsive Ian
"I am maxing out a credit card out for a pair of front-row seats. I am not thinking about the high interest rate on my card that could lead to me paying twice the tickets' face value in the long run."

 

Part I

It is important to budget for leisure activities. Participating in leisure activities is a wonderful way to reduce stress in our everyday lives. However, some (but not all) leisure activities come at a financial cost.

Leisure

Tickets to concerts or the theater, sporting equipment and even how you choose to play in the lottery/bingo/casino all make an impact on your financial bottom line. It is important to account for the cost of these activities, so that they do not negatively affect your financial well-being.

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