General Discussion Triathlon Talk » Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels Rss Feed  
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2012-02-22 3:00 PM
in reply to: #4059744

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Elite
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Laguna Beach
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

"I'd like to suggest that you visit a place of business where the employees earn the actual minimum wage, and mention to them your theory on the "real" minimum wage being $100,000 per year."

I personally work two jobs (of the four jobs I work) where the overwhelming majority of employees are within 10 perecent of minimum wage. Many are at minimum wage.

They share my outlook. Some go to school to try to get qualifications to earn a better living. Most (like me) work several jobs, well over 60 hours a week (like me). Some buy lottery tickets. All agree they aren't making progress on what they make. They may be able to reach break even, or service their debt, but they cannot afford to visit a dentist, own a reliable vehicle, save for retirement, go on vacations or take days off. To do those things, they would need to be near that $100K annual individual income level.

Reality.



2012-02-22 3:12 PM
in reply to: #4061189

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

Forget it. No sense in arguing this one.

I will just say that for my N=1, I do a lot on my salary that is much less than $100k. For all of you aspiring new triathletes out there, don't think that you gotta make 6 figures to be happy and have what you want. Just be smart.



Edited by ratherbeswimming 2012-02-22 3:18 PM
2012-02-22 3:20 PM
in reply to: #4058297

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

Where's the category of triathletes that stay with family and friends when they travel for triathlon? I'm such a cheap SOB that I only signed up for Eagleman because my aunt and uncle live less than 20 miles from the start. I did a tri in SC because we had friends to visit with not far away. If I ever do IMNYC, I have people there too. Heck, I even have friends in Hawaii if I even win the Kona lottery.

The first motel booking I will have that is tri-related will be in early May in NJ. I found a Quality Inn for $52. Show up, sleep, wake, race, drive home. I won't have the dented jalopy of a 2003 Ford Focus anymore, it died. But even my shiny new-to-me 2008 Chevy Cobalt will probably be a peasant car in the lot from what I've seen at other tris.

Wait - I forgot one. We did a beach vacation weekend for my daughter's birthday that included a triathlon. But we stayed at the cheapest place we could find in Dewey Beach that allowed dogs. It happened to be on the run course, a mile from the start, so that worked out for them.

Of course, my bike was under $1200, so I am low rent all the way.

2012-02-22 4:51 PM
in reply to: #4058297

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

Manhattan ain't got nothing on Vancouver.

http://www.vancouversun.com/news/Vancouver+displaces+Sydney+second+most+expensive+housing+market+well+known+survey/6038069/story.html

But yeah, as many others have said, there's lots of reasons I stay in budget hotels for races.
2012-02-22 7:13 PM
in reply to: #4059747

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Extreme Veteran
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Dothan
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
Left Brain - 2012-02-22 12:12 AM
metcalf34 - 2012-02-21 7:28 PM I travel a lot with my job. One of the only benefits with that is that I can pretty much stay where ever I want, for free, and they will say yes sir, Mr. Diamond Member!

That said I have a standard for hotels and if it can't be met I will travel to met it.

 

I'm going to show this post to my 14 year old son tomorrow.....he's going to be all...."dad, that guy is SOFT!!!!" Laughing   I'm just saying. Laughing

Tell your son I may be soft, but I will be well rested enough to beat him!
2012-02-22 8:29 PM
in reply to: #4058297

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Pro
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Husker Nation
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels
This doesn't surprise me. The demographic most likely to clip coupons makes >$75,000/year. Read "The Millionaire Next Door" and you'll figure out quickly that wealthy people are generally pretty frugal.


2012-02-22 9:41 PM
in reply to: #4058297

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

Spent all the money on the bike and now I have to live cheap!

HHHEEELLLLOOOO!

2012-02-22 9:47 PM
in reply to: #4058297

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

I'd like to know where the cheap hotels are at the WTC Ironman venues, especially the ones held in smaller towns like Penticton or Lake Placid.

I've paid $285 a night at the Penticton Super-8, five night minimum.  Super-8 is 2-star motel.

Right now, if I check in on Wed 3/7 and check out on Mon 3/12, it's $81 a night.  Guess what they'll jack it up to come IM week?

2012-02-22 10:09 PM
in reply to: #4061189

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Member
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Baton Rouge
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels


Edited by Kugie 2012-02-22 10:15 PM
2012-02-23 6:54 AM
in reply to: #4058297

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Master
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Eugene, Oregon
Bronze member
Subject: RE: Triathlon Study Shows Athletes on $100,000-Plus Incomes Seek Budget Hotels

If 100K is the new minimum wage, then I should be begging at the finish line of events!  (Will work for Garmin, Gu, and Mojo Bars???) And, with next to no races in-country, I have to fly to almost all my tris (and ship a bike). It's a matter of priorities. Race or no race, I will stay in the cheapest hotel that's safe and conveniently located where I can get a good night's sleep. My last trip to Laos I stayed in a great place for $12 a night. Not sure I'd change that if I did have a six-figure income. I can think of lots of places (not all of them tri-related, but if we're talking tri, then bike and coach for starters) where the $$ would be much better spent than on luxury hotels.

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