You will hear a lot of people say it in daily speaking, but it's not grammatically correct. The correct form is "My friends and I are going to the club." Using the grammatically correct form is correct in all situations. The incorrect form (me and my friends) is only correct in limited situations. If someone says "My coworker and me are going to present the sales forecast for the third quarter," the audience will likely wonder why the speaker made the mistake. If he made such a basic grammar mistake, can we be sure that his financial information is correct? It may not be fair, but people do judge other people by their language skills.

Hi. I am not sure I fully understand the question but I would say the following: Are you not sure whether to use 'me' or 'I'? If so the following is correct: My friends and I are going to the club. Just try writing it like this if you are not sure: My friends are going to the club. I am going to the club. (you would not say 'Me am going...') And then combine them.... My friends and I are going to the club. If I have missed the point, please tell me.

this sentence is considered ungrammatical by many language teachers as it should be "my friends and I are going to the club". linguists would tell you, however, that "me" is the underlying form for "I" and that's why we all have said something like "me and my friends" at some point in our lives. some grammarians decided that it's nicer and more polite to put "my friends" first and so we have this grammar rule today. in everyday conversation we still say me and my friends (admit it, we do lol) but if we follow the descriptive grammar rules (there're two kinds of grammar, descriptive and prescriptive; in prescriptive grammar, we consider "me and my friends" grammatical) strictly, it should be my friends and I. never my friends and me or I and my friends, though.