Reply to HHI for Country club membership?

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Reply to "HHI for Country club membership?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much are country club memberships? I think that is the only question that needs to be asked. [/quote]

It depends on the club.  One near us is $100K to join and $1500 monthly use it/lose it.  $15K to get on the 7 year wait list.  We are very financially comfortable and have CC member money, but DH 'doesn't need to buy friends'.  I can see his point, but we get invited to go all the time with various friends.  DH never goes, but I enjoy it for the both of us.[/quote]

$100K lump sum plus $1500/month???? That is insanity. No, never. We are at $600-700HHI and would never in a million years consider it. I'd rather buy an investment property, or save for college, or retirement, or vacation, or donate that $100K to various non-profits. There are an infinite amount of things that I could think of as better options for that $100K than the country club. Our summer pool membership was $675. We'll stay there and pay for our poolside chicken fingers in cash. Ridiculous. [/quote]

Is this Washington Golf?  If so keep in mind that a lot of members pay a small fraction of that because their parents belonged and they get an enormous discount.[/quote]

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