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Reply to "HHI for Country club membership?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Full service CC's tend to be very expensive with golf, tennis, swim etc etc plus food minimums. Unless you really use it it's a waste of money. If a lot of your friends are members that's a good reason to join but again only if you really use it. Don't do a cost/benefit analysis (# rounds of golf etc) because the numbers will say no. [/quote] If you pay for a pool for the summer throw that cost in. You can throw gym cost in. Tennis and then Golf. 25% of your eat out budget. It makes it look a little better but certainly not cost effective. I have been a member for almost 20 years. Near our house. Love it. We use it. If you will then it is great. In terms of HHI. I really don't see how a non-rich family could pull it off below 250k. I was 350k when we joined but was almost 20 years ago. [b]To fit into the lifestyle and be in the same conversations I would think we are talking 400k minimum. [/b] [/quote] HHI $600+ and this mentality is why you couldn't pay me to join one. Couldn't possibly imagine being stuck in a foursome with someone making $375k, what on earth would they have to talk about?! :roll: [/quote] 375 and 600 don't live in the same world. You would have lots to talk about but what you are probably not talking about is private school for multiple kids. 1 or more vacation homes. Going on multiple expensive vacations a year. The issue is not with the 600k talking to the 375k. It is the 375k feeling comfortable in the conversation. [/quote] Oh aren't you in another stratosphere because of your mighty $600K a year?!? No one else could ever know how life at such a substantially higher HHI. :roll: :roll: :roll: This is why I would never join a CC. Such stupid pretention. FWIW, I make way more than that and my net worth is way higher. I don't judge people by their paycheck and my friendships aren't based on where people travel. So sad!!![/quote] Yopu must be a great person. Everyone else in the world judges people on their paycheck. Rich/poor/LC/MC/UMC/UC. [/quote] This is crazy because I have no clue what people make. I also don’t make assumptions. The person with a big new house might be stretched thin while the person with an older house my have tons of money in investments. [/quote]
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