General Discussion Triathlon Talk » Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels Rss Feed  
Moderators: k9car363, alicefoeller Reply
 
 
of 4
 
 
2012-02-21 12:23 PM
in reply to: #4058297

User image

Champion
7595
50002000500252525
Columbia, South Carolina
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Let's see:  I'm going to check in to the hotel after arriving at the venue the night before the race, go straight to sleep, then wake up at 5am and check out.  Why on earth would I seek anything but a cheap hotel under those circumstances?

On the other hand, for the rare races when I bring my family (really just IM), I don't go as cheaply as possible -- middle of the road or above.



2012-02-21 12:35 PM
in reply to: #4058463

User image

Pro
5755
50005001001002525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
ctbrian - 2012-02-21 1:17 PM

Tom Demerly. - 2012-02-21 12:29 PM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

yeah! junk be expensive

You mean stuff like wife/ex wife/SO, kids, kids college tuition, religious school tuition, after school activities, etc. Adds up so fast and NONE of that is carbon fiber!

2012-02-21 12:42 PM
in reply to: #4058297

User image

Pro
15655
5000500050005001002525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Our family income is well north of $150,000....I dirve a 1990 pick up truck with 187,000 miles on it so I have something to transport $8000.00 worth of bikes for my son and me to race/train on.  I just like riding a $5000.00 bike better than I like riding driving a $50,000 car.  It's all about choices.

Twice last year my son and I drove to a venue and camped in a tent......better than ANY hotel, by a long shot, in my book.

2012-02-21 12:42 PM
in reply to: #4058297

User image

Veteran
820
500100100100
Omaha, NE
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
If I ever win anything in triathlon (well it'd probably be a raffle, but anyhow) I want to be able to say I slept in a Holiday Inn Express last night.
2012-02-21 1:01 PM
in reply to: #4058459

User image

Master
2725
200050010010025
Washington, DC Metro
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
ratherbeswimming - 2012-02-21 1:17 PM
BrianRunsPhilly - 2012-02-21 1:10 PM
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.

This. 

I can do great things for well below that.

I rent my own house, I support myself and my dog, I've paid off my car, I travel a fair amount, I race tris, I occasionally buy myself something, I'm active, I've got a good savings account and a great retirement account...

I wholeheartedly disagree that $100k is "the new minimum wage".

While I completely agree that it is all about making the right choices and living within your means I will also say that there is a great disparity between lower cost of living areas and higher ones.  My area costs a whole lot more than most.

2012-02-21 1:01 PM
in reply to: #4058514

User image

Champion
7595
50002000500252525
Columbia, South Carolina
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
BrianRunsPhilly - 2012-02-21 1:35 PM
ctbrian - 2012-02-21 1:17 PM

Tom Demerly. - 2012-02-21 12:29 PM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

yeah! junk be expensive

You mean stuff like wife/ex wife/SO, kids, kids college tuition, religious school tuition, after school activities, etc. Adds up so fast and NONE of that is carbon fiber!

My wife is carbon fiber.  Yes, she is that cool.



2012-02-21 1:01 PM
in reply to: #4058459

Master
5557
50005002525
, California
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
ratherbeswimming - 2012-02-21 10:17 AM
BrianRunsPhilly - 2012-02-21 1:10 PM
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.

This. 

I can do great things for well below that.

I rent my own house, I support myself and my dog, I've paid off my car, I travel a fair amount, I race tris, I occasionally buy myself something, I'm active, I've got a good savings account and a great retirement account...

I wholeheartedly disagree that $100k is "the new minimum wage".

There are HUGE regional differences in cost of living.

2012-02-21 1:07 PM
in reply to: #4058585

User image

Pro
6191
50001000100252525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
spudone - 2012-02-21 2:01 PM
ratherbeswimming - 2012-02-21 10:17 AM
BrianRunsPhilly - 2012-02-21 1:10 PM
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.

This. 

I can do great things for well below that.

I rent my own house, I support myself and my dog, I've paid off my car, I travel a fair amount, I race tris, I occasionally buy myself something, I'm active, I've got a good savings account and a great retirement account...

I wholeheartedly disagree that $100k is "the new minimum wage".

There are HUGE regional differences in cost of living.

I did just fine fresh out of college making just under $50k living in DC. I never felt like I was living below the "living wage"

2012-02-21 1:08 PM
in reply to: #4058297

Master
2460
20001001001001002525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Clearly you can make life work , even with a family at <$100k since the average US income isn't even close to that, but I agree that with family, things get a lot trickier and incovenient if you're a lot under that number, particularly if you live in urban or pricier areas.

 

Single folks or dual income couples with no kids shouldn't look at that number though - your number is half that and more, given the increased taxes you pay at the higher rates. So for a single person, $40k/yr is pretty reasonable for living wage where you still can afford a few nice things.

 

I've heard all the claims that triathlon is one of the most expensive sports out there, and while it certainly CAN be, I disagree wholeheartedly that it has to be, even if you're not skimping on things. I don't find triathlon that expensive except for the megaraces and housing/travel accompanying it, which you can avoid if you're in driving range.

2012-02-21 1:10 PM
in reply to: #4058297

User image


434
10010010010025
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

There are too many regional disparities to suggest that a single dollar number (whether wage or room rate) can be compared.  $100K may not be much in NY or DC, which is why those of us who make less don't live there!  I am the frugal type, and cannot see ever spending $300+ on a hotel room.  My wife gets these types of rooms while attending medical meetings (practice pays) and she likes them.  They are nice, but the $28 breakfast buffet or $8 coffee is just too much for me.

2012-02-21 1:10 PM
in reply to: #4058297

Master
5557
50005002525
, California
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

I've heard all the claims that triathlon is one of the most expensive sports out there, and while it certainly CAN be, I disagree wholeheartedly that it has to be, even if you're not skimping on things. I don't find triathlon that expensive except for the megaraces and housing/travel accompanying it, which you can avoid if you're in driving range.

I spent a lot more money back when I used to ski / snowboard multiple times per week.  Talk about an expensive hobby...



2012-02-21 1:13 PM
in reply to: #4058297

User image

Extreme Veteran
657
5001002525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

It seems many of the lesser hotels have a free breakfast buffet.  Before the race you can swing by there and get what you want.  Your vehicle is usually parked right by your room.  You exit right out onto the parking lot from your room so you don't have to wrestle your bike in the elevator.   It's usually on a busy road that you pull right out on and get to where you're going to go.

The larger more expensive hotels seem to charge you for a sit down meal that can take over an hour.  You have to park in a garage.  They are located in a congested area.  Check out can be more difficult.

Finally, since most races are early in the morning, it's not like you stay in the room for very long.

It's not that they're not nice but there's just no reason for it.

2012-02-21 1:30 PM
in reply to: #4058459

User image

Champion
6046
5000100025
New York, NY
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
ratherbeswimming - 2012-02-21 1:17 PM
BrianRunsPhilly - 2012-02-21 1:10 PM
Meulen - 2012-02-21 12:43 PM
Musicodm - 2012-02-21 11:33 AM

Tom Demerly. - 2012-02-21 11:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I would absolutely agree with that.

+1, You would be surprised how 100k/yr, or even 150k/yr, far it doesn't get you in some areas of the country. As far as the OP....it's a race, not a vacation. I'm looking for function, not necessarily something extraordinary. Most times I get there the day before, check into hotel, go to race checkin, go back to hotel to go to sleep, wake up and check out to go to the race. Why would one pay for a luxury hotel for that?

I remember sitting in my neighbor's yard in North Central NJ and listening to them say how hard it is to make ends meet on $200k a year. Your expenses always rise to meet your income.

Regarding the thread, as long as it's clean and there is a post-race bar nearby, I'm cool. Not like I'm spending time in the hotel anyway.

This. 

I can do great things for well below that.

I rent my own house, I support myself and my dog, I've paid off my car, I travel a fair amount, I race tris, I occasionally buy myself something, I'm active, I've got a good savings account and a great retirement account...

I wholeheartedly disagree that $100k is "the new minimum wage".

 

come live in Manhattan and say that.

2012-02-21 1:33 PM
in reply to: #4058345

User image

Master
2621
2000500100
Mechanicsburg, PA
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 12:29 PM

I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I think I am going to write a book and call it (Triathlon on a Budget) TM.  I’ll make millions then I can make the new "minimum wage" cut, after taxes.
2012-02-21 1:34 PM
in reply to: #4058667

User image

Champion
6046
5000100025
New York, NY
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
tasr - 2012-02-21 2:33 PM

Tom Demerly. - 2012-02-21 12:29 PM

I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

I think I am going to write a book and call it (Triathlon on a Budget) TM.  I’ll make millions then I can make the new "minimum wage" cut, after taxes.

 

if you live in Manhattan, and have kids the minimum is way north of that.

2012-02-21 1:34 PM
in reply to: #4058297

User image

Master
2426
200010010010010025
Central Indiana
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Not been in tri as long as many here, but I find low-mid priced lodging generally more athlete friendly (e.g. not hassling me bringing my own gear & bike to my room).  As long as lodging is comfortable, convenient, and accommodating I'm happy.  And sometimes camping in my minivan on-site has worked out better than what $130 local hotel had to offer. 

Not sure why the survey picked that income threshold, but I agree $100k just ain't what is used to be in many parts of the US.  A lot of that is lost in taxes (Uncle Sam, state, local, sales, property, etc.) and inflation is higher than Feds claim (e.g. food, gas, college, etc.). Clearly it ain't the new "minimum wage", but it sure ain't filthy rich anymore either.



2012-02-21 1:35 PM
in reply to: #4058297

User image

Member
56
2525
Virginia Beach
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Staying at a cheap hotel can turn a tri into an adventure race. Most of the time i am travelling with teammates, and we pack the room full. Although we could afford a better room, a cheap room has that road trip feel.
2012-02-21 1:38 PM
in reply to: #4058658

User image

Pro
6191
50001000100252525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
TriToy - 2012-02-21 2:30 PM

come live in Manhattan and say that.

Manhattan is the exception, not the rule. But I agree with you that I'd need to be much closer to $100k there to live like I do in FL, or I did in DC, San Diego, Key West and everywhere else I've lived in the past few years.

According to this: http://cgi.money.cnn.com/tools/costofliving/costofliving.html, my former $50k in DC would need to be $76k in Manhattan to maintain a comparable lifestyle. Housing will cost an estimated 72% more in Manhattan than in DC. Ouch.

2012-02-21 1:41 PM
in reply to: #4058297

User image

Member
5452
50001001001001002525
NC
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Get a job you lazy hippies.

 

 

2012-02-21 1:56 PM
in reply to: #4058297

User image

Master
1704
1000500100100
Charlotte
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

For 99.9% of my races, I am not there for vacation.  I check in after dinner and check out at 5:30am next morning.  I want a decent place to rest my head and a continental breakfast or microwave.  Why would I not want a budget motel.  I can carry my own luggage, thanks.  Overpay for a greasy breakfast, umm no.  $10/day internet, get the f outta here.

My normal exceptions are our marathons which are usually big city destination races which I then weigh a lot of factors, with money only being one of them (usually location being #1).      

2012-02-21 2:00 PM
in reply to: #4058345

User image

Veteran
667
5001002525
asheville, nc
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 12:29 PM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

Yea, you should talk to others.  I'm no where close to that.



2012-02-21 2:01 PM
in reply to: #4058682

User image

Elite
3515
20001000500
Romeoville, Il
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
ratherbeswimming - 2012-02-21 1:38 PM

TriToy - 2012-02-21 2:30 PM

come live in Manhattan and say that.

Manhattan is the exception, not the rule. But I agree with you that I'd need to be much closer to $100k there to live like I do in FL, or I did in DC, San Diego, Key West and everywhere else I've lived in the past few years.

According to this: http://cgi.money.cnn.com/tools/costofliving/costofliving.html, my former $50k in DC would need to be $76k in Manhattan to maintain a comparable lifestyle. Housing will cost an estimated 72% more in Manhattan than in DC. Ouch.



exceptions effect the averages both ways. Clearly those of us that are saying 100k is the new "minimum wage" are exaggerating some. You can live on less. But, the fact is in many cities like NY/Chicago/DC/Manhatten etc., you aren't living very well for 100k/yr. Especially, if you want to own a home and have a family. 100k, just doesn't get you very far.
2012-02-21 2:02 PM
in reply to: #4058297


1055
10002525
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

I've stayed at the Ritz and a few other high end hotels, and yes, I can be a bit of a hotel snob, but staying at a really nice hotel is a treat a saved for special occasions.  Going to a tri is not one of those occasions and rarely are they in locations where an high end hotel is even a viable option. 

Its all about economy when I travel for a race.  Maybe if I was going to a destination race, but no other time.  Especially in an expensive sport such as ours, I'm always looking for ways to keep the costs manageable. 

2012-02-21 2:10 PM
in reply to: #4058345

User image

Member
251
1001002525
Phoenix AZ
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

Tom Demerly. - 2012-02-21 10:29 AM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

tom, any minimum-wage openings at tri sports? would be happy to come back to the old pueblo on a new minimum wage salary

2012-02-21 2:10 PM
in reply to: #4058514

User image

Veteran
362
1001001002525
CT
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
BrianRunsPhilly - 2012-02-21 1:35 PM
ctbrian - 2012-02-21 1:17 PM

Tom Demerly. - 2012-02-21 12:29 PM I was just having a conversation with someone the other day when we agreed that $100K per year is the real new "minimum wage".

 

yeah! junk be expensive

 kids college tuition, religious school tuition, after school activities, etc. Adds up so fast and NONE of that is carbon fiber!

 

That is actually what i meant.  I honestly don't know how people who are making real min wage survive especially if they have a family. 

New Thread
General Discussion Triathlon Talk » Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels Rss Feed  
 
 
of 4