High-low budgeting

Ticket prices for live events continue to go up.

That fact was obvious this week while waiting at the half price ticket booth in Times Square – half price for a Broadway show doesn’t feel like a bargain when the original price is high.

And yet a whole generation of parents with young children is willing to invest a significant amount of money to take kids to Monster Jam or Sesame Street Live. It’s easier to manage the cost with high-low budgeting:  eat cheese sandwiches with the kids so you can accompany them to a realtime experience everyone will remember.

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