Anonymous wrote:
Anonymous wrote:Hi - this is an old thread but I have the same question. Husband is colonel in the army reserves. What would cost (one time and monthly) be for us? And what does one do at country clubs? I have lots of friends that belong but struggling to understand how we would use it for our 1 and 3 year olds....friends say they use membership mainly for business and social connections (Belle Haven, Congressional, River Bend, etc.) and others say they use it for sports and working toward athletic scholarships (golf. etc.) at elite colleges (not sure why you wouldn't just save up for college....).
bc w multiple kids college can be exp.
we have two kids at George Washington University and it's about $60K per year
I realize how expensive it is. However, the people I know doing this are BigLaw partners. They are blowing all of their money on private schools, big houses, vacations and country clubs and not even attempting to save up. We are scraping by and not spending on any of those things so we can save for college. I guess maybe the old saying "you have to spend money to make money (or in this case, get a free ride) makes sense. Because I didn't blow my money on a country club thus resulting in a full golf scholarship, I am penalized. Sheesh.