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Keep Your Golf Costs Down

About 18 months, I took up the sport of golf after 20 years of saying I just didn’t have the time to play the game.    I was probably avoiding playing so I wasn’t completely embarrassed the first time I teed the ball up only to hit a ground ball that barely made it past the ladies tees.   Everyone says golf is an expensive sport, and they weren’t kidding.  Between clubs, balls, clothes, gadgets, greens fees, and (country club dues for some) it can cost you a pretty penny to play this frustrating sport.  So, what can you do to keep your costs down?

  1. Golf BallsLet’s face it, for most of you playing with Titleist Prov V-1 ball isn’t going to improve you game at all.   People who are actually good at golf will get you all excited that this ball is going to help you hit further and straighter, but you still have to be able to swing the club to make that happen.   If you are losing 6 to 12 balls a round, you’d just be better off getting a cheaper ball.  A site called www.guaranteedgolfballs.com offers 500 quality golf balls for $125.  Now, that’s a bargain!
  2. Play In The AfternoonSince daylight savings time is coming soon, you’ll get an extra hour of daylight at the end of the day.   If you can complete a round in 4 hours, getting on the course after 2 p.m. in the afternoon will generally save you significant greens fees.   You can still enjoy a round of golf for half the price.
  3. Negotiate Your Dues If you use a country club, many of these clubs are joining with another club or have an affiliate program with several clubs right now.  Since membership dues are declining for a bunch of these clubs, see if you can negotiate a 12 month or 24 month deal that allows you unlimited golf or more golf at a discounted price.    You are in a much better bargaining position today than five years back when these clubs will filled with members.  I would especially look at clubs that were built in high end housing developments that typically did not take outside members.
  4. Hit the clearance rackAt many of the large outlets and golf superstores, you can find clearance racks and used clubs at a great price.  Recently, I went to the PGA Tour Superstore and got a White Hot XG Sabertooth Odyssey putter that was used (it looked brand new) for $49 dollars.  This normally retails for $140.   Take a close look at these type of deals before you make any purchase as it can put money back in your pocket.

I am under no illusion that my golf game is going to get into the low handicap range anytime soon.  I’ve just grown to the point after 18 months that I am going to have fun, and I don’t have to pay an arm and a leg to play the game.  Your Smart Money Moves brings you tips like these to help you increase your bottom line. Add A Comment

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About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

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My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

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