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WWE held Wrestlemania 42 a few weeks ago amid controversy.
TKO, WWE’s parent company, had come under fire for hiking ticket prices to astronomical levels, preventing diehard wrestling fans from attending the brand’s most prestigious show.
Vince McMahon had his flaws, yet, wrestling pundits routinely credit him for keeping ticket prices low enough for families to afford. Now, why does any of that matter?
In the aftermath of the Wrestlemania pricing controversy, I came across a series of videos in which an interviewer approached Wrestlemania fans outside the stadium and asked them what they had paid for their tickets.
Some of them admitted to spending as much as $8,000 for the two-day event, which infuriated the internet. The global economy is groaning under the weight of multiple crises, including the War in Iran and the growing Hantavirus threat.
Taxes are rising, and people are having a difficult time feeding their families, hence the internet’s angry reactions, which are not limited to WWE’s ticketing scheme. Have you seen that Iron Man MK5 voice- controlled helmet?
The device will literally open and close around your head in response to your voice commands. But are you willing to spend 700,000 Ugandan shillings to get it? I ask because I know people who just added the item to their future expenses.
These individuals are struggling to pay rent, but will happily set aside a few thousand shillings every month until they can afford the helmet. Once it arrives, the Iron Man voice-controlled gauntlet is next.
And before you judge them, Google both devices. Watch those videos. The toys look AWESOME! But again? Does it make sense to sink $400 into such a frivolous purchase? Geek/Nerd culture is not cheap.
When you add up the cost of Anime streaming services like Crunchyroll, the $60 video games you buy every other month, and the movies you watch at the cinema every week, you cannot help but feel like your detractors are correct to question whether your purchases make sense in this volatile economy.
But are those criticisms valid? Is the Iron Man MK5 helmet a pointless expense? Surprisingly, the average financial expert will respond with a hard ‘No!’
Gone are the days when financial gurus on social media would chastise their Western audiences for buying $5 coffees every day as opposed to setting that money aside for a rainy day or, better yet, investing the cash in an income-generating endeavour.
Financial coaches no longer endorse the notion of removing every frivolous expense from your life because they realize that life is for living, and if that $5 coffee is the only source of joy in your life, then, by all means, get it.
In the case of the video games, toys, and anime memorabilia Ugandans buy, a financial expert would ask you to determine whether your purchase adds any notable value to your life.
That question matters because for some people, shopping is the fun part. They get a kick out of buying a new thing. But the thing itself means nothing to them. That mindset is a problem, and you should endeavour to solve it.
However, if that $300 pack of Yu-Gi-Oh cards adds a sliver of joy to your life, don’t allow anyone to call it frivolous. It has value to you, even if it means nothing to other people. The same applies to that incredible MK5 Iron Man helmet.
I would also argue that it could be worse. You could be spending that money on alcohol, drugs, and prostitutes. But you’re not. Society should applaud you. The key is to budget.
Divide your earnings in a manner that allows you to service all the important aspects of your life. This should allow you to buy whatever you want without feeling like you are ruining your financial future.
Related
, https://observer.ug/lifestyle-entertainment/nerd-culture-is-not-cheap-and-thats-okay/
