General Discussion Triathlon Talk » The Economy and Your Active Lifestyle Rss Feed  
Moderators: k9car363, alicefoeller Reply
 
 
of 3
 
 
2008-09-22 2:32 PM

User image

Regular
58
2525
Atlanta, GA
Subject: The Economy and Your Active Lifestyle
I hate to be the one who does this but I am just too curious. How is the current economy and/or the prospect of worsening economic conditions affecting your multisport lifestyle? Are you looking at races next year and cutting them out of your schedule. Are you postponing making a big-ticket equipment purchase? Are you cutting back on your spending as a whole? Are you not changing a thing? Would love to hear from BT'ers both in the U.S. and abroad.

For me personally, I am in a wait and see mode on making any decisions on big ticket items, including all of the above. I'm doing this at running the risk of being closed out of some races but for me personally, I believe it's the most prudent course at this point. We are definitely living in some interesting times.

Enjoy!

Matthew


2008-09-22 2:38 PM
in reply to: #1688734

User image

Expert
986
500100100100100252525
Michiana
Subject: RE: The Economy and Your Active Lifestyle
Focusing on run - cheaper races, less equipment, less time intense
2008-09-22 2:42 PM
in reply to: #1688734

Subject: RE: The Economy and Your Active Lifestyle

Asking for basically only triathlon-related stuff for X-mas and my birthday (which shortly follows X-mas) Always good to get someone else to pay for it, right? For example, my sister can pitch in one race fee (like $50-60 for a sprint, which is generally what we spend on each other) and she will have my birthday gift covered. Any gear I might need, which isn't really much at all, and a few race registration fees. Luckily, I'm still only sticking to Sprints and Olys which tend to be cheaper. And I'm not in the market for a tri-bike any time soon, thankfully.



Edited by wurkit_gurl 2008-09-22 2:43 PM
2008-09-22 2:42 PM
in reply to: #1688734

User image

Runner
Subject: RE: The Economy and Your Active Lifestyle
Not a thing.
2008-09-22 2:48 PM
in reply to: #1688766

User image

Expert
938
50010010010010025
Subject: RE: The Economy and Your Active Lifestyle
wurkit_gurl - 2008-09-22 3:42 PM

Asking for basically only triathlon-related stuff for X-mas and my birthday (which shortly follows X-mas) Always good to get someone else to pay for it, right? For example, my sister can pitch in one race fee (like $50-60 for a sprint, which is generally what we spend on each other) and she will have my birthday gift covered. Any gear I might need, which isn't really much at all, and a few race registration fees. Luckily, I'm still only sticking to Sprints and Olys which tend to be cheaper. And I'm not in the market for a tri-bike any time soon, thankfully.

x2.  Mom asked what she could get me, and I told her to go to www.underarmour.com and go crazy.    I told her "repeat for Birthday, Father's Day, and anniversary."  I'm getting like my father-in-law, except all he wants is golf balls and cigars.  Makes it a lot easier to get gifts. 

 

2008-09-22 2:53 PM
in reply to: #1688734

User image

Expert
878
500100100100252525
Carmel
Subject: RE: The Economy and Your Active Lifestyle
Ive been finding smaller, cheaper races around. The economy right now is not having a huge effect on me (or most civil servants for that matter, for the most part we always have a job and will not have our wages cut). Going towards cheaper races and venues is something that I decided last year and I did a few more running races this year and bc of injury less tris.

I am curious to see how people with private businesses or folks that work in the private sector will adjust though. I know that it will be a tough transition but maybe this will force RD's to start to lower entry fees if people have to give up racing. I dont mind paying a higher price for something but I want to know what I am getting. One race that I have done for the last 4 years has almost doubled in price since my first year. I know permits and insurance gets a little bit more expensive each year but where is the rest going? The venue is still the same. Gift and Shwag still pretty much the same. So why am I paying almost double? RD need to realize that they cant keep driving up race prices so their pockets get fatter. I knwo its a business but you dont want to push your buyers away.

One good thing is that the economy is still moving (not in the right direction right now but moving) and we do not want to see a stagnant economy bc that will really spell trouble. Like everything else the economy moves in cycles and we have been on the up and up for a while so it was bound to turn down for a bit. Lets just hope it corrects itself sooner rather than later.



Sorry this turned into a bit of a rant about race fees.


2008-09-22 2:54 PM
in reply to: #1688734

Extreme Veteran
377
100100100252525
Western, Mass
Subject: RE: The Economy and Your Active Lifestyle
We put our kids and pets on half rations.
2008-09-22 2:56 PM
in reply to: #1688734

User image

Veteran
176
100252525
Subject: RE: The Economy and Your Active Lifestyle
It made me take a look at what races I will be entering.  I did alot of local races this year, only got to do the Philly Tri this summer as my travel race, so next year will have to see which races I will enter.  Looking for a good HIM
2008-09-22 3:01 PM
in reply to: #1688734

User image

Champion
4942
2000200050010010010010025
Richmond, VA
Subject: RE: The Economy and Your Active Lifestyle

I'm not doing the Disney marathon in January (would have been 3 years in a row) b/c was tired of dropping so much $$ after a weeklong family vacation.

Now that I've got my basic gear, I'm sticking with it longer then I would like (e.g. not upgrading to a new bike) and next year I'm skipping a bunch of out of town races and doing most everything local.

It is not so much the economy, but rather a realization that I can enjoy racing and not blow the bank like I've managed to do the past few years.  Just trying to be more responsible about money for the next few years (until Ironman time!)

2008-09-22 3:07 PM
in reply to: #1688734

User image

Master
3127
2000100010025
Sunny Southern Cal
Subject: RE: The Economy and Your Active Lifestyle
My knee seems to do better in a worse economy, so maybe I'll race more next season.
2008-09-22 3:13 PM
in reply to: #1688734

Elite
3130
2000100010025
Subject: RE: The Economy and Your Active Lifestyle

I'm gonna skip Kona again this year


2008-09-22 3:24 PM
in reply to: #1688734

User image

Elite
3022
20001000
Preferably on my bike somewhere
Subject: RE: The Economy and Your Active Lifestyle
Not really affecting me very much - I have what I need. I made some purchases recently - new shorts and a new saddle, but for the most part, I'm dialed in. That being said, my education is drawing all the extra money, so I didn't have a ton to spend anyways. Truth be told, I've never considered the cost of races. I'll just sign up to do what I can do, and for the last 2 years, that's been very little...but that's been more of a result of a never ending supply of injuries.

In short, the economy hasn't done much. Now if I lose my job, that changes a ton.
2008-09-22 3:33 PM
in reply to: #1688734

User image

Extreme Veteran
638
50010025
Carlsbad, CA
Subject: RE: The Economy and Your Active Lifestyle

I've still got my first triathlon to look forward to , so I can't comment on how the economy is affecting me on that front.  With regard to gear, I'm happy to ride what I've got, and run in my old shoes.  If it's small things like clothing or accessories, I definitely look for closeouts or other discounts, but I pretty much do that anyway.  But that brings up another point to ask ... to save a few bucks, are any of you buying more on the Internet as opposed to paying a few more dollars to support your local shop?

I will say that the only thing driving me crazy right now is the family membership we have at the YMCA ... wife and two kids under 6 years old, and I'm the only one that has ever used the membership. They (the family) won't let me change it to an individual membership, though, because, they "might" use it.  Hmmph!

One idea here regarding B-days and such, is to set up a PayPal account with a designated email address.  I have friends that do this when they want something big and know  that not one single person could possibly afford it, so they send out an email saying, "This is what I want, I can't afford it, you can't afford it, but together, *we* can afford it."  For a small contribution, your family and friends can chip in for that race/travel or new bike this year.  Just a thought. 

2008-09-22 4:26 PM
in reply to: #1688734

Subject: RE: The Economy and Your Active Lifestyle
I have spent less money on boat gas this year, so I could spned it on bike stuff.
2008-09-22 4:39 PM
in reply to: #1688734

User image

Member
381
100100100252525
Subject: RE: The Economy and Your Active Lifestyle
i'm considering shutting off the power and running home appliances off of a generator rigged to a bike trainer in the garage. that should get us through winter. as long as my wife doesn't need to blow dry her hair *while* running the microwave. i don't think my quads can handle that.
2008-09-22 4:50 PM
in reply to: #1688734

User image

Veteran
928
50010010010010025
Columbus, Ohio
Subject: RE: The Economy and Your Active Lifestyle
No changes planned here.


2008-09-22 5:15 PM
in reply to: #1688800

User image

Pro
6767
500010005001001002525
the Alabama part of Pennsylvania
Subject: RE: The Economy and Your Active Lifestyle

KML - 2008-09-22 3:54 PM We put our kids and pets on half rations.

I'm making mine share the continuous feeder. Let'em fight it out.  Then we'll see who's REALLY hungry.

2008-09-22 5:27 PM
in reply to: #1688779

Extreme Veteran
422
100100100100
Subject: RE: The Economy and Your Active Lifestyle
kagoscuba - 2008-09-22 2:48 PM

wurkit_gurl - 2008-09-22 3:42 PM

Asking for basically only triathlon-related stuff for X-mas and my birthday (which shortly follows X-mas) Always good to get someone else to pay for it, right? For example, my sister can pitch in one race fee (like $50-60 for a sprint, which is generally what we spend on each other) and she will have my birthday gift covered. Any gear I might need, which isn't really much at all, and a few race registration fees. Luckily, I'm still only sticking to Sprints and Olys which tend to be cheaper. And I'm not in the market for a tri-bike any time soon, thankfully.

x2.  Mom asked what she could get me, and I told her to go to www.underarmour.com and go crazy.    I told her "repeat for Birthday, Father's Day, and anniversary."  I'm getting like my father-in-law, except all he wants is golf balls and cigars.  Makes it a lot easier to get gifts. 

 



Get even better stuff for less send her to http://zensah.com/ They have AWESOME stuff way better than the Underarmour stuff I have tried.
2008-09-22 6:16 PM
in reply to: #1688734

User image

Extreme Veteran
547
50025
Canyon Hills (Lake Elsinore), CA
Subject: RE: The Economy and Your Active Lifestyle

It means more races on my mountain bike instead of tri bike and I'm concidering more running races for a while.  Better then nothing...

 -Tim

2008-09-22 6:53 PM
in reply to: #1688734

User image

Master
1795
1000500100100252525
Boynton Beach, FL
Subject: RE: The Economy and Your Active Lifestyle
I am saving up all of my "when I was your age" examples for my kids.

Example... When I was your age, I had to ride an aluminum frame tri bike vs. carbon. Times were tough.
2008-09-22 7:05 PM
in reply to: #1688734

User image

Expert
1288
1000100100252525
Hatboro, PA
Subject: RE: The Economy and Your Active Lifestyle
I'm not planning on traveling far for a race next year. Thankfully, I live right outside Philadelphia, so I have a bunch of local races to choose from. I am only planning on traveling to Maryland for Eagleman, which will also be my only long distance race. All other tri's next summer will be sprints.

I'm a government employee, so I'm not in danger of losing my job, but I do want to pay down my debt.


2008-09-22 8:18 PM
in reply to: #1688734

User image

Elite
2468
20001001001001002525
Racine, WI
Subject: RE: The Economy and Your Active Lifestyle
The economy - my personal economy, which is of course affected by things like rising gas and grocery prices - has got me second thinking IMWI
2008-09-22 8:51 PM
in reply to: #1688734

User image

Champion
6999
50001000500100100100100252525
Chicago, Illinois
Subject: RE: The Economy and Your Active Lifestyle
for me I think in some ways it will help me instead of doing like 4 or 5 marathon+ races in the year I will better relax and just do the one ironman. since I have 17 marathon+ races under my belt the question is how many more do I need?

I did cancel my potential shot at my 100 miler. It would cost me the same as the IM would cost me and I can not afford both in 12 months.

Edited by chirunner134 2008-09-22 8:52 PM
2008-09-23 6:14 AM
in reply to: #1688800

User image

Pro
4311
20002000100100100
Texas
Subject: RE: The Economy and Your Active Lifestyle
KML - 2008-09-22 2:54 PM

We put our kids and pets on half rations.


My kids and pets ARE the half rations.

2008-09-23 7:44 AM
in reply to: #1689062

User image

Fishers, IN
Subject: RE: The Economy and Your Active Lifestyle
djluscher - Best answer yet!
New Thread
General Discussion Triathlon Talk » The Economy and Your Active Lifestyle Rss Feed  
 
 
of 3