Some people spend large amount of money to buy tickets for sports or cultural events. Is this a positive or negative development?

The issue of whether to spend one’s hard-earned wages on attending expensive football, rugby or baseball matches or other exclusive diversions as opposed to using it more wisely and prudently has become a matter of concern for many. Critics argue that

such

frivolity is a misuse of precious funds,

however

, I personally believe the opposite.

This

essay will discuss why the benefits of attending sport or cultural occasions are worth more than the actual ticket price by using examples taken from the Harvard

Business

Review and the Woodstock Festival. On the one hand those festival-goers and sports fans who attend concerts, gigs, matches or athletic competitions happily extol the virtues of these on their overall well-being, both physical and mental. The main reason for

this

is twofold,

firstly

by watching, participating and enjoying a game people’s overactive stress levels can be radically reduced.

Secondly

, many

such

important and well-respected

events

have become a noteworthy opportunity for socializing or networking.

For example

, a recent article published by the Harvard

Business

Review showed that key, ambitious top executives in the 500 Fortune companies had invested in tickets for basketball games not only for themselves but for their clients aiming to seek distraction and amusement while entertaining and nurturing future

business

contacts.

Therefore

,

although

it could be suggested that the high price of ticket sales has been exacerbated by powerful Corporates or event organizers with sky-high budgets, there is no doubt of the positive spin-offs to health and

business

.

On the other hand

, if money is no object,

then

there is overwhelming evidence that going to festivals, attending concerts or investing in experiences is a growing trend which is appreciated because of its ability to build fond and durable memories which

last

a lifetime and become part of a family’s history. An example of

this

was the mythical Woodstock music festival in 1969, which was a peaceful milestone witnessed by thousands of people who have afforded it legendary status.

Thus

, the emotional value of

such

events

cannot be overstated. To conclude from the aforementioned arguments, I firmly believe that despite the frequently prohibitively high prices of attending sport and cultural

events

, doing so can be enormously positive and justifiable for the benefits it brings to those who are there.From the significant growth in richly diverse Festivals worldwide, it could be predicted that in the future

this

kind of

events

will continue to grow in popularity as people elect to spend their earnings on experiences rather than on material goods.