Brandpoint (BPT)
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(BPT) – Experian is sharing new survey data that shows fans spend $743 on football-related expenses. From the tickets to the tailgate, it can be easy to blitz the budget. Fans and college students are passionate about their favorite football team, but it’s important to be just as passionate about their financial health. Being a die-hard can be expensive if you consider all the expenses that go with seeing games, buying tickets, food, parking, and don’t forget the merch! Fans should assess all the costs, create a budget, and then prioritize what items to spend on.
Experian’s survey also found that 1 in 5 football fans would take on $5,000 in debt if it meant their team would win a championship. It’s a make-believe scenario but what is real is how unmanageable debt can impact consumers’ credit scores and financial health. The holidays are also here which means that it can be easy to overspend. Consumers should consider paying in cash or with a debit card to stay within their budget.
To help avoid a financial fumble, Experian is here to help fans better manage their money this football season and beyond. With the new Smart Money™ Digital Checking Account & Debit Card, consumers can build credit without debt and manage their finances all in one place! To learn more visit www.experian.com/smartmoney.
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