NEW YORK (MainStreet) — If you love music then you're probably excited about summer festival season. But one thing you're almost certainly not excited about is the price tag. Depending on how far you're traveling, hitting up a single festival can cost you thousands of dollars. While that might be worth it to see the sheer number of performers you can catch at a festival, your wallet is not going to love you for it. So how can you save money this festival season while still enjoying the performers your ears crave?
Big Groups Can Save Money
Think of it as the updated version of packing your trunk full of people to go to the drive-in. The more people you go to a festival with, the more you can split costs on transportation and lodging. It's plain logic. David Fiorenza, an economist at Villanova School of Business, isn't just a man who knows money; he's also a big music fan. He knows how quickly the costs of a summer festival can add up. "You can fill your car up with four of five people to cut down on expenses like camping, gas and tolls," he says. Rounding up some of your best partners in crime will not only make the experience more enjoyable but will also help you defray costs. So pick four or five people you can stand to be in a car with in order to put some money back in your pocket.
Pick a Smaller Festival
Fiorenza also points out that while Bonnaroo and Lollapalooza might be prohibitively expensive, others like the Peach Festival in Scranton are less expensive. Radio stations in particularly hold festivals in most cities of varying sizes that have top acts, or at least up-and-coming ones. "You're not going to see Taylor Swift, but you might see My Morning Jacket," he says. Smaller festivals of this type are perfect for two kinds of people. First, there are those who just like going to festivals but aren't that picky about which one. Second, there are the people who prefer to see up-and-coming bands long before they're the next big thing. Either way, you're going to save money and have a killer time.
Don't underestimate the name appeal of smaller festivals, though. Especially when they're sponsored by a radio station, Fiorenza points out that you might be able to check out Darius Rucker, The Doobie Brothers and the Steve Miller Band for about ten bucks. He suggests that you look for the names of the radio stations of the town you're going to. Then find out what festivals they're putting on.