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Furthermore, the broader market dynamics have played a role in diminishing their financial foothold. The K-pop market is hyper-saturated, with new groups debuting almost every month, forcing older groups to compete for dwindling attention and advertising budgets. The once-lucrative overseas tours and merchandise sales that sustained them during the peak years may have slowed down significantly. Add to this the economic downturns and the shifting consumer preferences towards newer faces, and the revenue streams that once flowed abundantly began to trickle. For the individual members, this translates to a reliance on personal savings, which, if not invested wisely or protected against the volatility of the industry, can evaporate quickly. The lifestyle funded by the group’s collective net worth often becomes a personal burden, leading to cycles of debt to maintain a certain image or cover living expenses.
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