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Travel Discussion
Reply to "What do you spend per night on hotels?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re retired with pensions but probably 6-7M net worth in the Midwest. I wouldn’t spend more than $150. In fact, we STR our lake home in the summer and a couple times a year stay at a $56 super 8 so we can collect the $450 a night stay from our renters. (If we have something going on at the lake, typically we’d just stay in our permanent home 75 miles away) Making decisions like this DAILY is how we amassed a solid net worth. We work hard and sacrifice and spend money on experiences. Our kids think we’re nuts. [/quote] … but a hotel IS an experience? I am all about not wasting money on luxuries, but there is a qualitative difference between a Super 8 and a nicer Marriott - smells, cleanliness, safety, amenities (like a pool or nice grounds), bed quality, and most importantly, location (usually). Rich people insisting on paying $100/night for a hotel seem to have some sort of pathology about money to me. [/quote] It's called cheap. My dad was like this. Super 8 on work travel and save his per diem. Maddening. [/quote] Fed worker? Though as a former Fed, we could usually get into a Hampton Inn and avoid Super 8s and Red Roof Inns. Some of my former Fed coworkers were the cheapest people ever- hoarded their per diem, IF THEY WENT OUT TO EAT- wouldn’t tip more than a buck, raided maid cart at hotel for coffee to take home…etc. These people had plenty of money too. GG13s and 14s with military retirements and military disability.[/quote]
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