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submitted 8 months ago* (last edited 8 months ago) by Buttflapper@lemmy.world to c/games@lemmy.world

When I was a kid in high school, the economy wasn't nearly as bad as it is right now. People are very very concerned right now with having enough money to pay their bills, housing has skyrocketed, cost of living dramatically up, salaries stagnating..... Almost every single friend I have, I asked them why they no longer play World of Warcraft or similar games and the answer was the same. "I cannot justify paying a subscription monthly, I have way too many subscriptions right now like Netflix Hulu HBO max some that I'm even canceling". This was pretty much the same exact response I heard from most of my friend community on discord. It seems that people find it a horrible value to buy a game and play it when it requires repeated purchases, but you also have to pay to subscribe to the game as well. That amount of money really, honestly adds up to a lot....

Simple example: playing Elder scrolls online and World of Warcraft for 2 years

World of Warcraft:

$15/month x 24 months = $360

$50 expansion every 2 years = $50

Total WoW cost: $410

Elder Scrolls Online:

$15/month x 24 months = $360

$90 expansion per year x 2 years = $180

Total ESO cost: $540

Combined total for both games over 2 years:

$410 + $540 = $950

Investing this money: Simple example

Please note: This is just a rough estimate, it's figuratively impossible to realistically estimate an exact 100% accurate figure of an investment, I went for a worst-case scenario based on some of my past earnings in Fidelity. These are almost exactly what I earned over a 2 year period saving from WoW and ESO, with some small margin of error.


Investment Breakdown:

  • Initial Investment: $0
  • Monthly Contribution: $39.58 (950 ÷ 24 months)
  • Annual Interest Rate: 8.5% (compounded monthly)
  • Investment Period: 2 years (24 months)

Results:

  • Total Amount Contributed: $950.00
  • Total Accrued Interest: $89.76
  • Total After 2 Years: $1,039.76

After 10 years, here's how the money would grow:

  • Initial Amount: $1,039.76
  • Total Interest Earned: $1,352.31
  • Final Amount: $2,392.07

So your initial game subscription savings of $950 that grew to $1,039.76 after 2 years would more than double over the next 10 years, growing to $2,392.07 just from compound interest alone.


So in short, you are actually spending a huge sum of money on these games, about $950 a year at least by this very very rough estimate, and if you simply invested this money, you could see huge, monstrous returns on this money that could change your damn life. It's for that reason that I cannot justify playing these games anymore. That's just a subscription cost!! So astronomically high it's unbelievable to me.

TLDR:

  • Economic struggles make gaming subscriptions harder to justify.

  • Rising living costs and stagnant wages have led people to cancel non-essential subscriptions.

  • Many friends quit games like World of Warcraft and Elder Scrolls Online due to high subscription costs.

  • Example costs over two years: -- WoW: $410 -- ESO: $540 -- Total: $950

  • Investing this amount with $200 monthly contributions at 8.5% interest could grow to $1,039.76 in two years. Overall, game subscription fees seem less worthwhile given the potential for financial growth.

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[-] EvilBit@lemmy.world 62 points 8 months ago

Dude, I’m not disagreeing with your point, but your presentation is beat up from the feet up.

Caveat: been drinking because gestures at everything

  1. At one point, you say it’s $950 a year after establishing that the actual cost is $950 after two years.
  2. Your investment counterexample arbitrarily includes a $200 monthly additional investment which blows everything up and makes the example pretty much incomparable
  3. Your investment counterexample also assumes an immediate initial outlay of $950 rather than distributing that over 24 months.

Basically you’re comparing two wildly different scenarios, which makes your point seem pretty broken, regardless of how right your actual thesis is.

TL;DR: Cancel your MMOs, play retro and discounted indie games, and stay in school, kids.

[-] Starbuck@lemmy.world 28 points 8 months ago

Right? The math here is all over the place. Like he figured out how much WoW would cost over two years and then asked ChatGPT for an investment plan with $950 or something.

[-] catloaf@lemm.ee 34 points 8 months ago

That's literally what they did. They deleted and reposted because last time they forgot to edit out the "here's a breakdown you can post to reddit" comment from ChatGPT. You can see me quote it in my comment history right now, but the post is gone.

[-] EvilBit@lemmy.world 14 points 8 months ago* (last edited 8 months ago)

Ugh. Fucking AI slop. As if Lemmy was so huge it was actually worth putting that garbage on here anyway.

[-] wholookshere@lemmy.blahaj.zone 2 points 8 months ago

See it's not about posting slop for slop sake. It's so when the account become some kind of shill it has "legitimate" history to say they're not a shill.

this post was submitted on 09 Nov 2024
7 points (53.3% liked)

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