I’m a Teacher and to be able to fly out and stay on property (Universal) I worked the summer period and so did my 16 yr old daughter. We agreed on sharing the price and experience. Most likely won’t do it again for a while and don’t see myself getting into debt just to vacation again. Especially when our food budget will likely be $1,000 just for the two of us for 6 nights. Disney food is expensive
We are a DINK couple and are going in February. We are saving for spending money because we do not want to be in debt for this trip. I think it is insane in this economy to go heavily into debt for something like this.
According to Marketwatch US households currently own over $17 trillion in debt. None of this is sustainable for forever. Only $1.7 trillion is in student debt. The first thing that will be cut is entertainment from household budget. People have to be somewhat concerned about the long term health of the entertainment industry as a whole
I spoke to someone who went to Disney in either 2019 or 2020. (They have two incomes and one kid.) She said she checked into the prices and it would cost double to go back.And she said they won't go back due to the cost. Inflation always hurts luxury items. An expensive vacation falls into that category. I can't see Disney's numbers returning for years, if ever. I would expect Universal to make sure their experience will be the quality that Disney used to have, which will prevent Disney Orlando from returning to the numbers they used to have. Still large profits, just not the ones they are used to.
This is the reason why Disney continues to raise prices. Many rich people will go if they want at any time and many others will put it on credit cards and go into debt. Keeping up with the Jones is still a thing and it's really sad. And Disney will continue to take advantage. I hope with Epic opening Disney now is forced to adjust their pricing but i doubt that.
Perhaps watching a video before you comment on it would help. When did I say they aren’t making money?? The entire video was about how people are going into debt to go to Disney… This was from a survey done by Lending Tree so I suppose you can shake your fist at them lol
@@happymaskedguy1943 they’re losing money because they’re already putting way more money in than they expected and still are putting money in. They’re losing money by casting someone nobody likes also setting themselves up for failure. It may not have released but they are still losing money.
Not claiming to be a financial expert but I’ve had experience trading in the stock market. The stock market is not everything about the economy. Inflation is a real issue hampering many families and sentiment about the economy is a real thing that ends up impacting things as well
The stock market is mostly super rich people pushing it really high, then cashing out before it crashes. It has no bearing on how the economy is. You are going broke during a recession and you go bankrupt during a depression. Rich people remain rich in both scenarios. When you can't afford basic necessities and have no disposable income, times are bad...whether the stock market is at all time high or not.
I’m a Teacher and to be able to fly out and stay on property (Universal) I worked the summer period and so did my 16 yr old daughter. We agreed on sharing the price and experience. Most likely won’t do it again for a while and don’t see myself getting into debt just to vacation again. Especially when our food budget will likely be $1,000 just for the two of us for 6 nights. Disney food is expensive
We are a DINK couple and are going in February. We are saving for spending money because we do not want to be in debt for this trip. I think it is insane in this economy to go heavily into debt for something like this.
I quite agree ... Debt is never worth getting
According to Marketwatch US households currently own over $17 trillion in debt. None of this is sustainable for forever. Only $1.7 trillion is in student debt. The first thing that will be cut is entertainment from household budget.
People have to be somewhat concerned about the long term health of the entertainment industry as a whole
Let's prioritize guys... what are we doing
Acting like idiots apparently
It's just too expensive, and it's been a lean work year recently for me, staying home this year.
I spoke to someone who went to Disney in either 2019 or 2020. (They have two incomes and one kid.) She said she checked into the prices and it would cost double to go back.And she said they won't go back due to the cost.
Inflation always hurts luxury items. An expensive vacation falls into that category. I can't see Disney's numbers returning for years, if ever. I would expect Universal to make sure their experience will be the quality that Disney used to have, which will prevent Disney Orlando from returning to the numbers they used to have. Still large profits, just not the ones they are used to.
This is the reason why Disney continues to raise prices. Many rich people will go if they want at any time and many others will put it on credit cards and go into debt. Keeping up with the Jones is still a thing and it's really sad. And Disney will continue to take advantage. I hope with Epic opening Disney now is forced to adjust their pricing but i doubt that.
The only debt you should ever be in is a mortgage.
Been saying this for 7 years.
Talk all ya want. Disney still makes money. Keep taking a stand Disney and you should talk to more people then
Perhaps watching a video before you comment on it would help. When did I say they aren’t making money?? The entire video was about how people are going into debt to go to Disney… This was from a survey done by Lending Tree so I suppose you can shake your fist at them lol
Disney is losing mad money on those terrible shows and movies (Snow White) so in return customer have to make up for it.
How can Disney lose money on Snow White when it hasn’t released yet?
I agree that they have made a mess of golden geese like Star Wars and Marvel.
@@happymaskedguy1943 they’re losing money because they’re already putting way more money in than they expected and still are putting money in. They’re losing money by casting someone nobody likes also setting themselves up for failure. It may not have released but they are still losing money.
I don't understand when people say the economy is bad, yet the stock market has been hitting all-time highs for the last year. 🤷
Not claiming to be a financial expert but I’ve had experience trading in the stock market. The stock market is not everything about the economy. Inflation is a real issue hampering many families and sentiment about the economy is a real thing that ends up impacting things as well
The stock market is mostly super rich people pushing it really high, then cashing out before it crashes. It has no bearing on how the economy is. You are going broke during a recession and you go bankrupt during a depression. Rich people remain rich in both scenarios. When you can't afford basic necessities and have no disposable income, times are bad...whether the stock market is at all time high or not.