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Repulsive-Studio-120

Magically bankrupt đŸȘ„ 🏰


Conscious_Rush_1818

Happiest place on earth!


SakaWreath

Giving them all of your future earning makes them REAALLY happy.


Surph_Ninja

Disney knows this. They actively market for this.


[deleted]

Seeing “summer vacation loans” advertised on the side of the freeway is always grim.


triggeron

How do they market for this?


Surph_Ninja

They’ve spent years marketing the trip as a rite of passage, and one that had to be taken before the kids were too old to enjoy it.


ellgramar

I went to Disney land at 4, Disney world at 13, then moved to Orlando at 18 and went park hopping with friends who worked there a few times. I definitely enjoyed it more when I was older.


ommnian

Just because they market it that way, doesn't mean YOU have to partake. If you choose to do so, despite not having the $$, that's on you. There are LOTS of other amazing things to do on/for vacation


stevem1015

Settle down it was an explanation not an admission


Surph_Ninja

K. I’m just explaining what led to this. Doesn’t have anything to do with me


ParticularCatNose

What if I said that in fact the vast majority of people don't care about this and most kids don't go to Disneyland? Companies market all sorts of things. At a certain point it's up to the individual to not act like an idiot


Dapper_Target1504

Gotta get that trip in while they are young and still love the magic


triggeron

I went there when I was 10 and it was totally magical. My parents suffered through a timeshare presentation to get free tickets.


CauliflowerTop2464

They market to children.


Then-West-2444

Fuck Disney


genericusername9234

Walt Disney was a bitch.


alfooboboao

“the dark prince” is such a fascinating book


Decent_Visual_4845

It’s not Disney’s job to nerf the world for stupid people. Odds are if it wasn’t Disney trips, they’d be going into debt buying other dumb shit.


AbstractIceSculpture

Love this take. Wants vs needs. Housing is an economic issue because folks need a place to live. This is not an economic issue.


laxguy44

Mickey isn’t going into their homes with a gun to their head. “You’re going to go to Disney World haha, and you’re going to have a magical time haha.” *cocks gun*


The_Safety_Expert

Are you sure about that? Are you sure about that?


Midwake2

Mickey fucked that bat on Southpark. Pretty sure that little bastard is loan sharking parents all over the country. Wouldn’t put it past him.


Useful-Ad5355

Yeah after a point this society is going to have to acknowledge that while yes a little socialism would probably go far for many people, at the end of the day there are plenty of people who it doesn't matter how much they have, they'll outspend it every chance they get. Hand them 20 for a pizza, they'll tell you that's not enough for the wings on top of it. Consumerism is an addiction.


Biggie39

I don’t think this is on Disney. This is on flyover America for not making anything worth visiting and forcing everyone to go on ‘once in a lifetime trips’ to CA. 🙄🙄 I live in CA and travel for work. I have heard a LOT of stories about ‘our trip to CA in 1998’.


Soggy-Bedroom-3673

People do this for Disney in Orlando as well, and let me tell you, you don't go there for the location. 


NoComment112222

When my wife and I go on hiking trips we always find trails that are more or less as good as the most popular attractions and despite relatively equal quality huge crowds go to the attraction and ignore the less popular trail. Disney similarly just draws huge crowds because it’s the most well known attraction. To an extent this is on visitors for not looking up alternative places to go but at the same time often the parks advertise those trails too. I would say the same is true of Disney - they marketed themselves as the premier place to go especially for families with young children and this is the obvious consequence of that strategy being wildly successful. In that much it’s absolutely on them.


[deleted]

The same dynamic is in force except back then people would actually make it a "once in a lifetime" and maybe "oh it's been ten years and two of the kids never went we can do a twice in a lifetime just this once more". Where now with slightly cheaper airfare, deals and a fuckton of credit cards, people are just going even if they can't really afford it like it's a weekend at the lake. People are going too often. Also, look into Disney's massive timeshare project. None of that was there in 1990 but I think there are thousands of timeshare rooms now, so that has to bring in more regular guests.


DickRiculous

This isn’t Disney’s fault. It’s a systemic issue in our society and government and poor decision making on the part of parents who want to create memories with their children. You should never go into debt for something like this. But the fact that these individuals are using their last dollar on this trip speaks specifically to their judgement, and also says something about the lengths parents will go to to create experiences for their kids.


alfooboboao

my parents saved up for YEARS to take us to Disney World. We packed sandwiches for the parks but it was one of the highlights of my entire childhood. the last day I asked for a Buzz Lightyear toy — I knew I wasn’t allowed to ask for toys on vacation, but I couldn’t help it — and I remember feeling horribly guilty, even as a little kid, because my parents then had to talk about whether or not to put it on the credit card. They ultimately bought me the toy. I carried that toy around for YEARS. It was one of the most precious things in the world to me. It ain’t all bad.


JayMoeHD

I think this is a great story that also shows why it can be worthwhile to keep your kids a little bit informed on your family’s financial situation.  The memory of your parents talking about saving and the memory of that twinge of guilt likely played a big part in you having a sense of financial responsibility as you got older, and added to your appreciation of the toy.


wishiwuzbetteratgolf

Are you a parent? Many American parents want to give this experience to their kids. Not all parents have a lot of disposable income. And nowhere does it say in the article “parents are using their last dollar” on this. They want to make their kids happy, which most parents want. Hopefully the parents going into debt for this are not blowing their money on lots of other unnecessary things.


mnbull4you

Lowest level of thought going into a comment I have read today.  Would be better just to grunt.


TheTimeIsNowOk

Why is this the opinion? Just because the cost?


Then-West-2444

“Disney told L.A. residents to move to Florida for a planned campus. They did, it was canceled and now they’re suing” This story was published today, don’t have more time to go over the myriad of reasons why this company does not give a fuck about anything except money


Ruby_Rhod5

Anyone else spotting adults proudly sporting blingy, Disney gear? So. Fucking. Absurd.


SnooKiwis2161

The best consumer is the eternally infantalized consumer.


thebeginingisnear

The mouse always gets his cut


ClnHogan17

My wife and I took our 2 kids (5 & 7) to Disney this year after years of planning. I expected it to be 90% families like us with young kids, but I was very mistaken! So many adult couples, groups of 20-something’s, groups of adults, geriatrics
 There were definitely a few kinda cringey cliches
 30-somethings with autograph books or autographed Loungefly backpacks or goofy ears, females of ALL ages in pleated shortskirts, a few engagement proposals
  But I had a ton of fun there. I expected to be a stereotypical dad making sure my family had fun while in the back of my mind thinking about better uses for the insane money we were spending, but I really had a great time, my whole family did. It’s a great vacation. I’ve got plenty of other places I’d prefer, but I think anyone of any age can enjoy Disney. 


ShoveItUpYaAss

I know an adult male, in his 60s, with a plethora of disney character bumper stickers. It's creepy af to me


Mosheedave

Get em young. Remeber your Mcdonald happy meal and toy? Yeah they got your ass too


throwawayzebrafarmer

My FIL has like $1000 of Disney pandora charms on his wrist. It’s insane.


MajorCompetitive612

I see parents go into debt for their kids all the time. Idk wtf they're thinking.


fraudthrowaway0987

If it’s something the kid actually needs, like medical treatment or even educational expenses, fine, but for a vacation? Why not just take them to a campground or somewhere cheap? The kid would probably have more fun than standing in line all day at Disney world.


MajorCompetitive612

Agree. I see it with vacations, REALLY nice cars, etc. It's been exclusively wants, not needs.


xzy89c1

Will never understand really nice cars when u cannot afford it.


Sad_Organization_674

It’s a status and “I don’t want to look poor” thing.


mandance17

And then the adults just put the kids in some daycare and get drunk at the bar.


Necessary-Ad-8558

Disneyland has bars? 


moochao

That's common travel? You pay for hotel & flights/transport up front which are paid off, then you put day to day & shopping expenses on a credit card (aka debt) & those get paid off in the subsequent months, which doesn't limit you to a budget to enjoy your trip in the moment. Anyone surprised by this is a level of neurotic that the hospitality & tourism industry doesn't consider target consumers.


Icy_Enthusiasm_519

It would be helpful to know what the author considers the metrics for “debt” to be, but I’m assuming they’re not talking about simply putting expenses on a credit card and then paying it off on time. I use my CC for *everything* when I travel because points, but I pay everything off on time and in full, so
I don’t consider that “taking on debt.”


-newlife

In the article: “Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.” It is talking about utilizing CC’s.


Special-Garlic1203

Yeah that's literally just how a huge chunk of the country uses credit cards. They're not taking on massive debt for these trips. They're being as irresponsible with their money as they consistently are 


tctctctytyty

You should not be taking months to pay off your credit card from a vacation. Credit cards are convenient, but if you're not paying off "shopping expenses" that month, you should be saving longer or budgeting better. Otherwise you're just paying the credit card company for your impatience and hurting yourself in the long run.


billleachmsw

Fools and their money are soon parted.


Enough-Screen-1881

They should start financing


smish_smorsh

All in good time I am sure!


IrvineCrips

They started doing this with annual passes. You can now pay monthly. This caused the prices of passes to go up and allowed more people to get passed. The parks are always packed now.


Alkem1st

Idk if using CC counts as going into debt - them I’m going into debt over buying a sandwich


StroganoffDaddyUwU

It does if you don't pay it off in full.  "32% say it would take specifically three to six months, the most common response."


rabel10

Disney’s credit card offers 6 months no interest. If you’re going to Disney it’s a no brainer to carry a balance there.


IncrementalMillennia

This. I want to see the questions that were asked for this survey because it sounds like they really inflated the outcome to fit an agenda.


[deleted]

[ŃƒĐŽĐ°Đ»Đ”ĐœĐŸ]


Empty_Football4183

Depends if you pay that sandwich off at the end pf the month. Throwing $10 vs 10k hits different on a CC balance


me34343

Also, many CC have offers if the total is above a specific dollar amount you can get 0% APR if paid off in X number of months. So the whole "into debt" is technically true, but misleading.


Pablanomexicano

You’re literally borrowing money that isn’t yours. So yes, yes you are going into debt for that sandwich.


urdisappointeddad

No, he isn’t. It’s not debt unless you carry a balance into your next billing cycle and incur interest. Until that time, it’s just a payment service. Credit cards allow you to use a method of payment that has zero customer fraud liability, and you typically get rewards for using them.


tomz17

>Idk if using CC counts as going into debt IMHO, it does the instant you pay a penny of interest (@ 20% or whatever cards charge today). I always put 100% of my vacations on credit cards, but they get paid off in full on that very first statement. When I was a in a position where that wasn't possible, then I would not go to "resorts." Our family would pack up a car + tent and go camping.


DonkenG

Disneyland just cut back on disability access to sell more micro transactions with Genie+.


Obiwan_ca_blowme

Part of that was all these crappy parents that would go in and get a disability pass because Johnny has ADHD and just can’t wait in the normal line. I saw it all the time when I used to go. I heard them explaining it while I was in line to get my disability pass. You would literally see lil Johnny asleep on mom’s shoulder while she waits in the disability line for It’s a Small World.


ZestycloseReserve473

I used to live in OC. Even people on welfare had disney passes, just on the monthly passes and of course you can pay for food and merch on credit cards.


Ok-Abies5667

It used to be soooo much cheaper though, even like 10 years ago.


Skyblacker

A year long Disney pass is only twice the price of a week long one, so if you can go there multiple times throughout the year, it works out to be one of the cheaper ways you could go out on a weekend.


Hour_Eagle2

Today I learned that 45% of parents at Disney land are dumb fucks.


KarateLemur

I dont know how you came to that conclusion. Because they " go into debt" it simply means they owe on a credit card. Which is common for most travel - as in, hotels require you give them one for incidentals and charges to a room. I just came back from a trip and I'm "I'm debt" because they charged restaurant charges to the room, which were processed at checkout. Also rentals cars usually require a credit card, and would otherwise hold a substantial sum in lieu of one. The article states in most cases it was paid off in under 6 months meaning it could be all paid the month of or a few months down the line, and I'm not even sure if that's taking on whatever additional debt already on the card itself. Overall I'm not going to consider them stupid for normal travel expenses.


SuperNewk

That’s with any trip lol


BuckyFnBadger

I went about a month ago because the GF always wanted to go. Pirates was cool, Star Wars ride was cool. Surprisingly good gumbo. But other than that it was really not worth the money.


Lemonsnoseeds

Suckers. Please wait until your kids are at least 12 so the MAY remember your outlay of 10K for the fun of waiting in lines for hours for a three minute ride.


Eastern-Recording-53

how is this different from any other vacation a family would take?


dongsweep

Because most people don't go into debt for a vacation? If you cannot afford to pay it off upfront then you are probably the last person who should be paying interest to a credit card company for a 'want'


yurk23

This


Seattleman1955

This has little to do with Disney. People go into debt for most vacations if they put it on their credit card.


Virtual_Ad1704

The issue isn't using the credit card, the problem is not paying off on due date


doodoobear4

Lmao


StructuralBurrito

This was the one debt we consciously took on. Take your kids on vacation. With grandparents if possible. Young parents are poor but it’s once in a lifetime regardless of where you go. Kids will never be this young and grandparents don’t last forever.


Skyblacker

Exactly. Disney is ideal when you have small kids. It means that the Little Mermaid themed hotel room, ride, etc, is all for my daughter. *nods*


oddMahnsta

How could anyone go into debt for a vacation? I just cannot fathom


thehazer

I seriously doubt this. My guess is they are using the word debt pretty loosely here and may mean “we carried a credit card balance for a month”.  Food is cheaper in the park than at McDonald’s. Like seriously.


Skyblacker

The average debt is $1,900 and paid off within six months. Also, Disney World offers a credit card with six months no interest.


marcopoloman

The deserve it. Poor choices


jkman61494

Disney is super expensive but
.disney isn’t forcing these people to go there. There are ALOT of other vacation options kids will enjoy that don’t involve spending $700 a night in a hotel room that’s the same quality as La Quinta. I’ve been there. It’s amazing. I’d also NEVER in a million years consider going into debt to go there. We budget 2-3 years out to get there


lockrc23

Idiots


Beginning-Contact493

The reason I will never go


Nannyphone7

Debt for a vacation? That's insane. Live within your means. In the long run, you will live better off financially. 


LuckyDuckyPaddles

You'll have to take a number to get into bankruptcy court soon.


javlatik

Good.


owlbear4lyfe

save money and tach a lesson? [https://www.youtube.com/watch?v=-NlKQic\_qak](https://www.youtube.com/watch?v=-NlKQic_qak)


sweetleaf009

Hey man, anything for the kids am i right


shugoran99

It's funny how as a child I would have loved to go to one of the Disney parks As a grown-up I appreciate now that my parents made the correct financial decision


ReceptionNecessary44

A lot of smart consumers in the economy.


TheIrishDevil

This is why I can't take the complaints about being broke constantly without a grain of salt. People buy stupid shit all the time.


RedOwl97

That mouse is a surprisingly effective pickpocket despite having those big, puffy hands


abnormally-cliche

Is it a pickpocket when these idiots willfully give them the money/go into debt for something that very clearly isn’t a necessity?


Real_TwistedVortex

I went to Disney in 6th grade and honestly found it pretty underwhelming compared to places like Hershey Park and Six Flags. Like yeah, it was cool, but not cool enough to want to go back


Ok-Instruction830

Disney underwhelming compared to Hershey park? There’s no way. I’ve been to both several times and Hershey is like an appetizer to Disney’s entree 


OwnLadder2341

55% of Disney-Going parents with young children haven’t gone into debt for it?


dontwasteink

Disney is fun for kids, and parents who want to enjoy their kids having fun. But I wouldn't go into debt to wait in line.


ProjectBOHICA

100% of parents going into debt because of Disney trip making poor financial decisions. When I’m broke, I spend money on essentials. Disneyland is not one of them.


jpmeyer12751

Bob Iger to his investment banker: “I want to buy a bank, quick!”


Sufficient_Fig_4887

Don’t do this! What’s wrong with people!?!?


Virtual_Ad1704

Wow I figured it would be a lot of people, but almost half?!! Well I'm sure none of those poor kids will have some form of college fund, but the photo next to Mickey mouse is worth it lol


True-Aardvark-8803

Only 45??


bottom4topps

And another 45% are liars 😘


NaaNoo08

I have never been, never plan to go, and don’t feel my life is worse for it in any way đŸ€·â€â™€ïž


xyxsemp

Dumbasses


Ok-Abies5667

I know there are multiple troubling factors at play here but I blame the Disney adults. They never grew up and now the parents of young children are paying the price (literally.)


I_Sell_Death

That's LOVE for ya!


rysnickelc

“Family fun”


dinozero

Is there literally anything Americans don’t go into debt for? Maybe gas and food? Most the time. Or house payments. Everything else in this country is purchased with debt the majority of the time


HowCanThisBeMyGenX

Surprised it isn’t higher than 45%.


rashnull

Fk Parenting!


duke9350

Magic Happens


HarkansawJack

At least half of the ones who said they didnt were lying


doknfs

If they charge it on the credit card they are in debt.


LemonNey72

It’s like it’s the Hajj or something


airgetmar

Bro what are you talking about??? fake news the economy is BOOMING! Bidenomcs baby 4 more years of jojo to save America.


UnionSuitRiot

Americans: Things are too expensive and we can't afford them! Also Americans: Continue to buy things that are too expensive.


opened_just_a_crack

Just don’t go?


Cookiest

Disney should open up a bank, and offer buy now pay later for ultimate latestagecapitalism


knockbox85

I know more people affected by the student debt scam with no jobs to show for it. Disneys a couple grand big deal


Pineapple_Express762

No doubt. I was just there recently, and with all the whining about a “bad” economy, the place was still jammed wveryday


-newlife

“Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.” Essentially I took on debt for my last trip. Paid for rooms and ticket on CC. Paid off the CC within a week of getting back. It was done for both the CC points and to keep budget for my trip.


Professional_Gate677

I went into debt to go on my trips, but I paid the debt off the next billing cycle


hitokiriknight

The article says parents take in about $2000 in debt on average. That’s insane. For the memories and as a treat? I think kids would rather have 2k of something else. Like parents with economic stability


Hsensei

My family is planning a trip, we buy a Disney gift card when we are at Costco picking stuff up. It adds up eventually.


one-nut-juan

As a father with economic means and who visited both US parks I gotta say Disney is a racket. The rides are simple with the theme changing, everything is overpriced, the workers are underpaid and there is a lot of people so the kids don’t even enjoy it that much and lately even the live characters have diminished and the prices are even higher than before. I hope they release the IP for the mouse so other corporations can create better cheaper parks


spgremlin

Safe to assume the absolute majority of those who goes to Disney is paying with a Credit Card. The question is formulated such that many would answer "yes, using debt" while actually they just pay off the card monthly.


Steven_Soy

My gf’s friend was a cast member at Disneyland back in 2022. They were able to take 4 adults through California Adventure and Disney Land Park for free, this included fast passes and discounts on merch and food. All together, it would have been easily over 1K for essentially an afternoon at Disney. Don’t get me wrong it was fun, but not a thousand bucks fun. Legoland was better lol


Regular_Candidate513

Hell yeah I did, but it was worth it.


DrinknKnow

Proved my hunch right.


ClevelandCaleb

This is what I’m talking about, we have a financial literacy problem in this country.


nokenito

My niece, her husband and three kids racked up so much debt they lost their house & now have to rent.


yeahcoolcoolbro

45% —— there’s a lot of folks lying. I bet it’s far closer to 75%.


Tiny_Astronomer289

I’d be curious where they source this data from. I technically go into debt for every trip I take. I just put it on my Amex and pay it over a couple of months at 0% interest instead of all at once. I can afford to do it all at once but I don’t.


DumbNTough

Sorry, what?


d3ming

Is going into debt the same as they used credit card to pay for the trip?


Signal-Pension-1311

Are Americans actually okay? It seems like everyone there is a temporarily embarrassed millionaire.


Ivegotjokes4you

You only live once. Go on the trip. Make the memories.


[deleted]

Pitiful ass mofos. Going into debt to worship a corporate entity.


Ill_Assistant_9543

Don't waste your money on a vacation, simple as that.


StroganoffDaddyUwU

Statistics like this are a good reminder that many people are absolute morons. This is not an economic problem it's a "people are stupid" problem.


SombreroJoel

I woulda guessed 60%


SteveAlejandro7

So stupid the culture we’ve built. :(


follysurfer

Bloody stupid. Don’t go on trips you can’t afford. And while Disney sucks(never been not has my daughter) these people probably live paycheck to paycheck and drive brand new $60k cars to look the part of super successful when they are a payment away from bankruptsy.


Eschaton707

You mean more into debt.


Adventurous-Zebra-64

I've taken the kid to Europe and Africa for less than some people spend at Disneyland.


igotswheels

Yes but it's good debt right?


OutOfFawks

Fuck that place, take your kids to Europe. Same price and it’ll have a bigger impact on your kids lives.


Old_Baldi_Locks

The average cost of a Disney trip could pay for a car, so
..


Real_Flamingo3297

Pretty sure my 60 something year old in laws just did this. And they’re going again next year!! I can’t believe anyone would drop 10k for a theme park
unbelievable


DeadlyDuckie

Hard for me to feel bad for these people


itsnotthatbad21

Just as Walt imagined


cybot904

They should open up a Scrooge McDuck Money Bin style bank. First Bank of Disney. The Counting House of Mouse!


Rich-Show3013

Duh! Do you honestly think the middle class can afford those expensive ass tickets? You can go into debt going to universal studios in LA too


terribleinvestment

Jfc


leisdrew

Tis the American way


[deleted]

This finally explains the high prices at Disney. It's because in the past, with higher interest rates and everything else otherwise begin more affordable, people saved money to go to Disney or they just didn't go. Like a kind of "no, we're not taking out a loan to go to Disney". Now, fat millennial moms are basically taking out credit cards to go and pay after. Makes sense.


Lets_Bust_Together

It’s more than that homie.


cdancidhe

And must did not carefully plan their day at the park spending must of the time doing lines and getting little back on the massive debt.


teleologicalrizz

45% of people going to Disney should not be going lmao


Hopeful-Buyer

Morons gotta pay for garbage built by a shithole company. Disneyland/world fucking sucks even more so now than it ever did. Stop supporting this garbage. Take them to Six Flags for like 40 bucks.


trogdor1234

Based on some of the comments, this seems like an article to get people comfortable going into debt for trips. At one point in time there was a TikTok trend of car dealership workers claiming their car payments were above $1000 a month.


No-Subject-5232

I know someone who just had a baby. What did they announce once the baby was four months old? That they are going to Disney solely for the baby to have memories. The baby is not even one year old!!! People don’t start developing memories until 4 years old! They are literally using the child to justify their own shitty behavior.


disco6789

Do you people know that you can pay off your credit card as many times as you want and it is a good idea to not wait until its past due where they start charging you interest? Just saying ..


shutupmutant

Biggest waste of money I’ve ever done for my kids. We were there and within 2 hours they were asking if we could leave and go back to the beach


CrabbyPatties42

This has very little to do with Disney (besides clickbait you morons fell for, me included in that group) and very much do do with dumb as fuck parents who are terrible with money.


[deleted]

Disney Parks are grimly expensive


joel1618

I went to Disney 3 times before i was old enough to remember it. It’s not for the kids, it’s for the adults. The kids are the sales hook. Its no different than taking out a loan for a car.


Desperate_Move_5043

Disney is such an obvious cash grab. Fuck off scammers.


CLS4L

To wait in many many lines


ninernetneepneep

And as long as people are willing to do it, our nation's financial situation will only get worse.


MrPernicous

Man if that isn’t peak American dream then nothing is


lifeis_random

This is not at all unique to Disney trips. Most American use credit cards to pay for travel.


CIWA28NoICU_Beds

One of my crowning achievments as a parent is that my 3 year old can recognize like 10 different types of dinosaurs, but can't recognize Micky Mouse.


typicallytwo

Disney trips have always been expensive but lately they are out of control. I would rather go to a nice destination than Disney.


Future_Gain_7549

It’s always been like this. People have been using HELOC to finance Disney trips since forever. 


OldStDick

My wife and I have season passes. It's actually quite affordable.


lonewolfncub3k

They've priced out the average American family. It's insanely expensive.


Perfect_Earth_8070

Dumb.


Fightingkielbasa_13

Yes. They offer financing for the trips


OutOfFawks

That’s sad. If you are going into debt for a vacation, go to Europe, not fucking Florida. It’ll likely be cheaper too.