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Am I spending too much on golf?

post #1 of 39
Thread Starter 

I spend about 2,000-2,500 on golf every year! Green fees, range buckets, new balls, new glove, new spikes. Too much?

 

Obviously not clubs or anything I didn't listed.

post #2 of 39

Im not telling, my wife may find this forum. Hadnt you seen how facebook gets folks in trouble.z7_no.gif

post #3 of 39

Excuse my grammer. Drinking in South Carolina nuff said

post #4 of 39

This is not a question anyone here can answer because we don't know your financial situation.  If you were making $15,000 a year to live on and were spending that much money on golf, then maybe I would say yes.

 

But if you are making $250,000 a year then I would probably say no. 

 

Just ask yourself a few questions:

 

Am I saving for retirement (unless you are already retired)?

 

Do my expenses on Golf cause me to live paycheck to paycheck?

 

Is the money I spend on golf straining my personal life/marriage/children?

 

I spend my money on "wants" based on these questions and a few others. 
 

post #5 of 39
Quote:
Originally Posted by golf55 View Post

I spend about 2,000-2,500 on golf every year! Green fees, range buckets, new balls, new glove, new spikes. Too much?

 

Obviously not clubs or anything I didn't listed.

 

I think if you cut out buying gloves you might be ok?  ;)

 

Regards

 

Mailman

post #6 of 39
I spend about the same each year but I'm comfortable enough with my finances to know I can afford it. I actually think I should spend more to play better, less crowded courses and increase my enjoyment. And the past few years I've taken really nice golf trips with friends ($800-1000) that I can hope to do more of.
post #7 of 39
As others have already said, there's no right or wrong answer we can give not knowing your personal financial situation. If you're taking care of your family and the needs are being met and you can afford it without going in debt, I'd say you're fine.
post #8 of 39

These threads come up periodically.  Here's the most recent that I remember.  You can compare your costs to some of the others on here.

 

As others have said, affordability and value are very personal and subjective.

 

http://thesandtrap.com/t/62326/how-much-do-you-typically-spend-on-golf

post #9 of 39

As other posters have said, the question is relative to how much your total income is, and what your tax and other financial obligations are.  

post #10 of 39
If you love golf, it's one of your favourite hobbies and you can spend that amount without hurting your economy, I don't see an issue. I tend to spend a lot of money on my main interests, but I don't waste a lot on other stuff. I can spend that kind of money myself during a season.
post #11 of 39
Quote:
Originally Posted by golf55 View Post

I spend about 2,000-2,500 on golf every year! Green fees, range buckets, new balls, new glove, new spikes. Too much?

 

Obviously not clubs or anything I didn't listed.


really depends on your net income, if you're in severe debt, your emergency fund finances, etc etc etc....Here in FLA, it's about on par for green fees for the year or membership/cart fee costs at non-exclusive clubs in my area.

post #12 of 39
Absolutely not. You can never spend too much on golf.
post #13 of 39

If you play a lot, that seems perfectly justified to me. 

post #14 of 39

Yes.  I think you need to cut back by 45% at least or quit altogether.   

post #15 of 39
You probably spend more money on golf than what you just listed.. Take into consideration the time spent playing golf as well! Time is money right??
post #16 of 39

I look at it like this...do you like golf? Is it your preferred way to spend your leisure time?

 

If so then it's totally worth it. You could blow money plenty of worse ways.

post #17 of 39
Spending money one something that is fun, social, outdoors and somewhat physical is always good.
post #18 of 39

If you're getting 30 rounds a year or anything more than that, with all the ancillary costs adding up to the amount, I'd say it's a great value no matter what, aside from your family suffering financially because of it.  I am not a rich man, but I do OK and cost of living is average to maybe below average where I'm at, so I have no problem spending what I do, which is probably in the $6-8k range annually, counting membership dues (which cover more than golf, but if it weren't for golf I wouldn't be paying), occasionally riding in a cart, golfing on vacation or other travel, equipment, etc.  Golf is more than a hobby or something to do to stay active, or a way to be social for me.  It's a passion, a way of life, and I wouldn't do without it except in very severe situations.  Put it this way, if my wife ever (and she never would, but if she did) said I needed to cut back on or quit golfing for any other reason other than financial hardship, we would have a serious problem.

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