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1.
pronounced: fest-E-kid

A festikid is someone who lives on unemployment and spends what little money he/she has on festivals (e.g. Sasquatch, Burning Man, Coachella etc.) all year round.
Mark: So what do you do?

Julie: I work at an IT startup in SF. What about you?

Mark: Well, after I graduated Cal I was an activist. But now I'm just living on unemployment and being a festikid.

Julie: A festikid?

Mark: Yeah man, it's the 2000s, that's what our generation does.
by unicorinthians December 13, 2013