7 Items That Are Just Status Symbols

Club Membership

Paying exorbitant sums of money to become a member of a club is a symbol of status. Some of the real reasons behind this action are that people hope to start friendships or establish business connections with other rich people, gain more reputation and fame and to show other people that they have money.

For example, according to Steve Sims, the chief executive and founder of TheBluefish.com, some wealthy people are willing to pay a $200,000 fee just to take advantage of luxury golf memberships. There are some club memberships that are actually even more expensive, but the end justifies the means, right?