Finding money for the entertainment activities

money activities

The citizens of the most technological country in the world, the United States, spend, on average, more money on entertainment than on food, clothes, or health. And if the Americans have reached this stage, we have little chance of escaping either. It's a matter of time.

The surprising figures on the American market, especially in Dixie County, were published in a study conducted by the American Bureau of Labor Statistics. And, although Europeans are not as enthusiastic as Americans when it comes to some digital "entertainment" (such as music or TV recording), trends overseas have usually been quickly followed on the old continent.

Starting with essential services, such as cable TV, to which is added the payment of a subscription for premium channels (for example, HBO), continuing with the benefits of renting DVDs by mail, with the subscription to the Internet and Music downloads, the average monthly amount paid by Americans for entertainment can reach $ 200, or $ 2,400 a year, CNet News.com claimed.

These are added to the expenses for "real world" entertainment - magazines, movie tickets, concerts, or matches. Plus, mobile phone spending and content on its tiny screen - audio, video, games, and more.

Average spendings on Entertainments

Thus, according to specialists from the Bureau of Labor Statistics, Americans spend, on average, more for entertainment than for gasoline, home furniture, and new clothes, and about the same money they give to have dinner in the city.

About 20 percent of Americans with above-average incomes (more than $ 77,000 a year) spend about $ 4,516 a year on entertainment. And the budgets allocated to entertainment will undoubtedly continue to grow, writes CNet News.com. This is evidenced by consumers' appetite for state-of-the-art electronic equipment, such as giant flat screens, portable video players, devices that wirelessly stream music and movies from the computer to the DVD player in the living room, not to mention the proliferation of services through which entertainment is transferred directly to the mobile phone or laptop.

But digital technologies, while taking a lot of money out of Americans' wallets, aren't that expensive, at least compared to other types of entertainment. For example, a one-minute live viewing of an opera at the New York Metropolitan Opera costs about 37 cents. In contrast, a live concert by artist Gwen Stefani costs the viewer about $ 1.25 per minute. In comparison, a video game, even if it was bought at a reasonably high price - for example, $ 60 - brings a better quality/price ratio because a minute of play costs only 12.5 cents, that's for those who get bored quickly. If, on the other hand, a game is so attractive that the user plays for several years in a row, the purchase cost will split until a minute costs less than 1 penny, say the specialists.


Digital entertainment will be even more profitable if the supply companies succeed in imposing monthly subscription taxation as a business model, writes CNet News.com. For example, there is currently a long-distance duel between Yahoo, which prefers to charge a $ 5 monthly fee for access to its entire digital music collection, and Apple, which demands a dollar for each song downloaded from its online store. iTunes. The difference is that iTunes songs, once downloaded, remain the buyer’s property forever, while access to songs in the Yahoo collection, which does not allow downloading songs on your PC, will be completely cut off if the user decides not to want to pay the subscription.

It is, in the end, a matter of choice. As well as setting the budget for entertainment, which, for now, is only for Americans, is more important than the money spent on clothing or going to the doctor.