My Thursday group pays $7 each. $1 goes to each of 2 closest to the pin holes (usually the shortest par 3 on the front and on the back) where the closest to the pin wins the pot of $ (so if 4 guys play that day the winner gets $24 for each "greenie"). The remaining $5 goes to a pot and we have a blind draw of 2-man teams and compute a best ball low net score. We usually pay 4-5 places. For example last week we had 24 players and 1st to 5th paid $40, $30, $25, $15, $10, respectively.
In addition each foursome usually play a "6-6-6" with three 6 hole low net matches with the first match each cart, the second match cart drivers vs cart passengers and the third match cart driver/other cart passenger teams for $1 per 6 hole match.
So at worst, the day will cost you $10, but on a really good day you could win $40.
Shortly after I retired, I did splurge and buy new equipment as my old set was about 15 years old and the technology of golf has improved with easier to hit clubs. IIRC I spent about $1,000 for 3&5 woods, 4-6 hybrids, 7-9, PW, GW, SW, LW and putter. I buy used Titleists at Walmart (24 non-ProV balls for $15 IIRC). while I prefer the non-ProV Titleists, I have been finding a lot of ProV1s in good condition lately.
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.