Hacker Khan
Yurt Dwelling, Yoghurt Knitter
Apologies if this has already been mentioned but isn't a joining fee a sunken cost. And all economic theory states that you should not take into account sunken costs when making a decision whether to invest more in the future.
So the fact that you have spent a grand on a joining fee should not influence whether you continue paying your yearly membership, as essentially that money has gone and rationally you are not getting any more value for money on your yearly membership because of it. Or something like that.
So the fact that you have spent a grand on a joining fee should not influence whether you continue paying your yearly membership, as essentially that money has gone and rationally you are not getting any more value for money on your yearly membership because of it. Or something like that.