JEFF CAPLAN'S MY MINUTE OF NEWS
Jeff Caplan’s Minute of News: Disney debt
Jun 18, 2024, 10:00 AM | Updated: 4:02 pm
FILE - Visitors walk toward Sleeping Beauty's Castle in the background at Disneyland Resort on Jan. 22, 2015, in Anaheim, Calif. (AP Photo/Jae C. Hong, File)
Credit: ASSOCIATED PRESS
(AP Photo/Jae C. Hong, File)
Editor’s note: This is an editorial piece. An editorial, like a news article, is based on fact but also shares opinions. The opinions expressed here are solely those of the author and are not associated with our newsroom.
SALT LAKE CITY –Financial advisors will warn you against going deep into debt. But sometimes you have to, kids need braces, your car dies. It’s a part of life. And so is Disneyland.
A new study from Lending Tree reveals half of all parents go into debt when they take their kids to a Disney theme park. The average family of four spends $700 a day just on the tickets and when the kids want a churro, or that blue Star Wars milk, you can’t say “no.” So this oasis of eternal childhood can become financial quicksand for the parents.
But even the financial advisors have a soft spot for Mickey. They say, “Go ahead, make dreams come true.” But not if your cards are maxed out. Because then you have to see a loan shark. And if you fall behind on your Disney loan with them, you know how it goes.
They’ll send an enforcer to visit. Maybe some big guy named Bruno.
Right. Point is, a loan shark can turn beautiful Disney memories into the ultimate nightmare.
Actually with the Mickey voice, it seems kind of funny.
Even worse, if a mobster threatens you over a Disney loan, you can’t go to the police.
Jeff Caplan is the host of Jeff Caplan’s Afternoon News on KSL NewsRadio. Follow him on Facebook and X.
