Reply to HHI for Country club membership?

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[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]

I've been both and am now $750K and let me tell you, there is nothing I detest more than the "conversations" that consist of people one-upping each other with their latest hotel or vacation destination and seeing who whips out the more prestigious credit card when the bill comes. These are not conversations. They are status displays for social jockeying. I prefer my friends (of any income) any day.[/quote]

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