These days some people spend a lot of money on tickets to go to sporting or events

These days some people spend a lot of money on tickets to go to sporting or events. Do you think this is a positive or negative development?

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 in material goods.

Here are some of the collocations used in this essay which you may find useful to!