Do Country Club Memberships Make Financial Sense?

The following is a post by MPFJ staff writer, Sally, the blogger behind TinyApartmentDesign.com, a blog about design, living well, and simple, tiny spaces. Enjoy!ย 

My first introduction to country clubs was the classic Simpsons episode โ€œScenes from the Class Struggle in Springfieldโ€, when Marge buys a discounted pink Chanel suit and soon ends up spending time with the idle rich of Springfield Country Club.

Iโ€™ve since spent lots of time around the โ€œclubsโ€, whether I was working there (as a hostess one summer) or visiting for work and alumni functions. In California, there are a number of prestigious clubs, which may not be as old as East Coast clubs, but are still heavyweights with big price tags for memberships, like the La Jolla Beach and Tennis Club, the Jonathan Club, and the Bel Air Bay Club, to name a few. There are also plenty of yacht clubs and country clubs with hefty admissions fees (usually a one-time fee) and ongoing annual dues. Some of these clubs have the added social clout that require one or two current members to โ€œsponsorโ€ or nominate the potential member into the clubโ€™s ranks. If it all sounds very exclusive, well, it was designed to be that way. Country clubs and other private clubs are pretty much know for exclusivity, promoting a homogenous membership (if not racially, then socioeconomically) and associating among themselves. Think โ€œNot Our Kind, Dearโ€ and other heavily entitled phrases used flippantly.

So, why would you ever want to join a country club? Well, thereโ€™s the golf, tennis and swimming facilities. Many have a club restaurant, and it can become a place for all of your social gatherings. One acquaintance whoโ€™s been a country club member since birth explained why he and his wife are now becoming full members into the same club: they have all of their family gatherings at the club, celebrate lots of holidays at the club, many of their friends are members of the club. Itโ€™s not a lifestyle I can relate to exactly, but I understand the comfort factor, and the convenience factor.

The actual cost varies wildly. Some clubs in Southern California have a smaller initiation fee and annual dues, like $10,000 and $3,000, respectively. Others are known for $60,000+ fees for a full member plus $10,000 in annual dues. On top of that, some clubs may require you spend a certain amount each month in the restaurant and pro shop. This is definitely a luxury expense unless the cost of playing tennis or golf in your area is much higher on a per-use basis than joining a club. But Iโ€™ve never seen an area that doesnโ€™t have at least one public tennis court and a public golf course with reasonable fees.ย  Personally, while the idea of belonging to a club is appealing, and I like the thought of taking friends and out of town guests to my club, I donโ€™t think I would ever join any club just because of its long history of exclusion and segregation.

How about you all? What do you think, would you join a country club or are you already a member?ย 

Share your experiences by commenting below!ย 

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About the Author Jacob A Irwin

Hi folks! My name is Jacob. I am the owner and operator of My Personal Finance Journey. I started this blog in January of 2010 and have enjoyed the journey ever since. Since finishing up graduate school in Virginia in 2014, I have been working in biopharmaceutical development in Colorado. You can read more about me and this site hereโ€‹. Please contact me if you have any questions!

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  • Emily @ evolvingPF says:

    I think this is at a different scale than what you’ve written about, but my parents have been members of various clubs over the years. Not country clubs, per se, and not as expensive as what you’ve listed. But we grew up with a membership to our neighborhood swim and tennis club and that was great for using the tennis courts often (we are a tennis family for sure) and the pool, belonging to the tennis and swim teams when we were younger, seeing friends as you mentioned, and using the clubhouse for parties. My mom also belongs to a few tennis clubs in the area and plays on many teams, and now that she is a real estate agent she has gotten clients through the connections she’s made in her sport. The commission for the sale she’s working on now that she from a tennis friend would pay for many years of memberships to those clubs. So I do think memberships can be worth it if you use them a lot or make business connections – of course depending on the price.
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    • Sally says:

      Definitely- those are great examples, Emily! I can see the benefit in being a sustained member of many types of clubs, tennis clubs included. It’s also a benefit to share experiences with these acquaintances who often become friends or business clients. If it’s fits in your budget and provides a lot of benefits, I can see why membership can be a great part of your lifestyle.

  • I’ve never seen the attractiveness of country clubs so I don’t think I would ever join one. If you were to use all the amenities they offer every week then who knows, it might be a good deal. But I would probably just use them once a month, if that. Waste of money in my book.
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    • Bob O Link says:

      Joining a Country Club is for having a social life with like-minded people. It is a place to make new friends that have many of the same interests as you do. Those interests may be golf, tennis, swimming, and a host of other clubs such as book clubs, bridge groups, vacation travel, and even political or charitable events.

      From a financial standpoint, Country Clubs are not for the purpose of financial gain or discounts. In most cases, Country Clubs are a costly experience to the member. A large initial membership fee and an annual dues are both not income tax deductible. You are definitely paying for lifestyle. But that is what money is for, a medium of exchange. If the exchange brings happiness to you and your family, then you should do it. If you are looking for a financial reason to join, you may not find it. However, many business people find relationships at Country Clubs that can enhance their business or create new ones.

    • Sally says:

      I agree, Bob. It’s part of a lifestyle that I have always been curious about, even if I was never very interested in being a part of it.

  • Money Beagle says:

    I don’t golf so even if I had the money, I probably wouldn’t put that anywhere near the top of my list on luxury spending. If I had to spend it, I’d probably travel.
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    • Sally says:

      Yes, I definitely don’t see it as a priority, but then again that could be different if spending time at clubs had always been a apart of my life.

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