Cruisers Forum
 


Join CruisersForum Today

Closed Thread
 
Thread Tools Rate Thread Display Modes
Old 15-06-2010, 11:02   #31
Moderator
 
Adelie's Avatar

Join Date: Feb 2010
Location: La Ciudad de la Misión Didacus de Alcalá en Alta California, Virreinato de Nueva España
Boat: Cal 20
Posts: 4,614
Can you say 'Paid Crew'?
__________________

__________________
Adelie is online now  
Old 15-06-2010, 11:05   #32
Long Range Cruiser
 
MarkJ's Avatar

Cruisers Forum Supporter

Join Date: Dec 2007
Location: Australian living on "Sea Life" currently in England.
Boat: Beneteau 393 "Sea Life"
Posts: 12,828
Images: 25
Quote:
Originally Posted by leslie View Post
an a additional $4500 to spend on booze! This could get way out of hand!!
Yes

Then you will need a doctor (fees) but to get to the doctor you will need to berth your boat in a marina (fees) and then eat the recommended diet - tasts like cardboard but expensive.... you are on the slippery slope of using all $5,000 per month after one decent binge!


Life wasn't meant to be easy!


__________________

__________________
Notes on a Circumnavigation.
OurLifeAtSea.com

Somalia Pirates and our Convoy
MarkJ is offline  
Old 15-06-2010, 11:05   #33
Registered User

Join Date: Apr 2010
Posts: 294
Well, I think that's about what we're at now, on land. So lifestyle wouldn't have to change much. We could buy just about any boat we might have an interest in - just replace mortgage & home-owners insurance with boat payments & insurance. Or go cheaper and spend more on making it "ours". No stress about whether or not to take that side trip to the really cool site that happens to be way inland. Would be able to take kids home to see grandparents once a year (current plan is, I guess, to plead poverty, and suggest that they've never seen _____ fill in the blank).
Wouldn't be an extravagant life, but would have enough give to allow for what we want or need to do.
__________________
Mariness is offline  
Old 15-06-2010, 12:59   #34
Moderator Emeritus
 
GordMay's Avatar

Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 31,579
Images: 240
Quote:
Originally Posted by osirissail View Post
... Retirement income is not tax-free ...
The basic personal tax deduction (Canada 2010) is $10,320. Hence, an income (cruising budget) of at least $860 CDN would be tax-free for Canadian cruisers.
__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"



GordMay is offline  
Old 15-06-2010, 14:16   #35
Registered User
 
DannySt's Avatar

Join Date: Jun 2010
Location: Israel
Posts: 104
Send a message via Skype™ to DannySt
Well.... back on dream topic, leaving aside: taxes, flying home, insurance, medical care, boat equipment including sails, personal gear, diving gear, etc...

1. Sail (the wind is free, but still important to mention I would keep doing that)
2. Boat internet
3. Boat toys - surf boards and accessories (5 a year - 700$ each + about 1000$ in accessories)...
4. have water to spare - thing I missed most while sailing.
5. Wife says: she would get new shoes from every port... well, that sums the budget and I think goes beyond.

Thats about it. being poor I can't think of anything else, but I am sure that if I had the money to spare my wife would find good use for it.
__________________
DannySt is offline  
Old 15-06-2010, 16:16   #36
Registered User
 
Doodles's Avatar

Join Date: Nov 2009
Location: Virginia, USA & Krabi, Thailand
Boat: Wauquiez Pretorien 35; Nordica 16
Posts: 2,810
Images: 1
Quote:
Originally Posted by Bash View Post
Comments such as this fail to serve any constructive purpose, and ending them with a smilie only tends to emphasize the passive/aggressive stance of the poster.

Members of this forum come from a diverse background of cruising lifestyles and preferences. This divergence is what makes Cruiser's Forum a particularly valuable resource. It becomes counterproductive for one member to play the Troll and criticize the lifestyles of others. This holds true for the as much for the $500-per-month cruiser criticizing the $5,000-per-month cruiser as it would otherwise.

Our "Be nice" standard does not appear to resonate with all who use this forum. Perhaps an alternative ethic would be one of the rules found in nature: Don't foul the nest."
Jeeez, don't be so sensitive. The OP was a hypothetical question ... "if I hit the lottery", can't we have a little fun with it?
__________________
Mundis Ex Igne Factus Est
Doodles is offline  
Old 15-06-2010, 16:30   #37
Senior Cruiser
 
osirissail's Avatar

Cruisers Forum Supporter

Join Date: Feb 2009
Location: A real life Zombie from FL
Boat: Gulfstar 53 - Osiris
Posts: 5,416
Images: 2
Actually the "condo" comment is not that far off the subject . . . Comfortable cruising is not that much different in costs than a comfortable condo. Where the big difference is that when you take your land condo offshore it tends to sink and doesn't sail worth a damn.
- - So the point is well taken, if you only want to live aboard a boat in a marina and not go anywhere then the condo is a much better use of your money. You don't have to yank the condo out of the ground every year or two and paint the bottom.
- - But if you want to travel and enjoy the experiences of visiting far off places while living comfortably then the boat is the best deal. I personally am at a loss to understand the folks who live on a boat in a marina for years and never go anywhere - they would be much better off in a condo.
__________________
osirissail is offline  
Old 15-06-2010, 19:10   #38
Registered User

Join Date: May 2010
Location: The Woodlands TX
Posts: 19
I think 5k a month would be a good amount. It would allow you to eat out a couple of times a week, stay in a nice marina regularly. Do some nice sight seeing and take in a movie, show, or concert in the places you visit. Plus you wouldn't need to worry as much about having enough money if something breaks.
__________________
captainron369 is offline  
Old 15-06-2010, 19:37   #39
Senior Cruiser
 
s/v Beth's Avatar

Cruisers Forum Supporter

Join Date: Oct 2008
Location: Coos Bay, Oregon
Boat: Valiant 40 (1975)
Posts: 4,066
I would spend the first 3 years studying the cultures of the world, then the next 3 being of service in some out of the way culture I had found. Then the next 3 learning languages, then the next 3 serving....
__________________
s/v Beth is offline  
Old 15-06-2010, 19:48   #40
Senior Cruiser
 
Therapy's Avatar

Cruisers Forum Supporter

Join Date: Jul 2007
Location: W Florida
Boat: The Jon boat still, plus a 2007 SeaCat.
Posts: 6,894
Images: 4
Quote:
Originally Posted by Don Lucas View Post
I'm tired of the low down cruising life discussion. Lets get to a real dream and shoot higher! In the almost impossible odds of winning the lottery; what would you do cruising if you had $5000/month to spend?

Good one Don.

Loving it so far.
__________________
Therapy is offline  
Old 15-06-2010, 23:36   #41
Registered User
 
svBeBe's Avatar

Join Date: Sep 2008
Location: from Houston, TX; currently berthed in Barcelona, headed west
Boat: Amel SM 53 - BeBe
Posts: 946
It is always somewhat amusing to me to read what people think they will spend once they are out cruising full time. The old adage was to calculate what you think you will spend.......and then double that figure and you will be close to reality. We calculated that it would cost roughly 35k to cruise very economically, and could do it on 24k if cut to absolute bare bones and did not do cosmetic maintenance on the boat. (And wouldn't that be a penny wise/ pound foolish thing to do!) We also knew that if we assumed 35k would do it, then the actual cost would likely be minimum 50k annually.

On 1 May we celebrated our 4th anniversary as full-time cruisers and I reviewed our actual expenses to date. Please note that I record every single penny we spend daily. I don't just ball-park numbers by making assumptions; I literally record every penny spent. In 4 years we have spent $212,619.72 and I posted the breakdown on our blog at S/V BeBe: Log and Costs

Boat insurance is a hefty chunk of that total and each year it is a hard decision to pay that large annual premium. But we personally knew as casual acquaintances 7 boats that have been lost in the South Pacific in the past 2 years, so we reluctantly renew the insurance each year and fork over the money. It isn't like the old days. If your boat is lost anywhere other than in open ocean, you will be responsible for paying for the environmental damage. That cost alone will be more than the annual premium for any insurance coverage. Friends recently lost their boat on a reef in Samoa and they did not have insurance. They had to pay $12,500 for hitting that reef before they were allowed to depart Samoa. As much as I would love to apply that 11.6% of our cruising expenses to being able to spend more years out here, that would be a reckless decision.

Whatever you think it will cost to cruise.....double that number.

Judy
S/V BeBe
currently in Malaysia and halfway through our circumnavigation
__________________
svBeBe is offline  
Old 16-06-2010, 05:55   #42
CF Adviser
Moderator Emeritus
 
Hud3's Avatar

Cruisers Forum Supporter

Join Date: Sep 2007
Location: Virginia
Boat: Island Packet 380, now sold
Posts: 8,929
Images: 49
Thanks for a very informative post, Judy, especially the detailed cost accounting in the linked spreadsheet. Our cruising has been mostly in the eastern Caribbean. I mentally made some adjustment to the numbers shown in your excellent spreadsheet, and came to the conclusion that what you've recorded is darn close to our own experience.
__________________
Hud
Hud3 is offline  
Old 16-06-2010, 08:18   #43
Registered User

Join Date: Jun 2006
Boat: CT54
Posts: 358
Images: 3
It looks like your 50K a year is not excessive but still 36K is all we have so it will have to do somehow. Our insurance costs at this point (Mexico) are about 1/2 of yours so that should help a bit. The rest we will have to cut from somewhere since you can't spend what you do not have.
Jackie
__________________
jackiepitts is offline  
Old 16-06-2010, 08:36   #44
CF Adviser
 
Bash's Avatar

Cruisers Forum Supporter

Join Date: Dec 2008
Location: sausalito
Boat: 14 meter sloop
Posts: 7,260
Quote:
Originally Posted by Doodles View Post
The OP was a hypothetical question ... "if I hit the lottery", can't we have a little fun with it?
Have all the fun you want, providing it's not at the expense of others. At that point, it's no longer "fun," it's "bullying." When you feel compelled to make the same critique two posts in a row, it becomes "persistent bullying."

Having spent decades in education, I'm well aware that the first thing the playground bully always says, by way of an excuse, is "we were just having some fun."

Always.
__________________
cruising is entirely about showing up--in boat shoes.
Bash is offline  
Old 16-06-2010, 08:46   #45
Registered User
 
sww914's Avatar

Join Date: May 2009
Location: Punta De Mita
Boat: Vagabond 39 Hull # 1
Posts: 1,842
Very interesting thread. Our budget figures about $3500 a month to do it right, nothing extravagant. Basic maintenance plus a bit in reserve for haul outs and major failures, insurance, average Dr bills, minimal money to fly back to the US once a year, a couple average meals out a week, a marina a couple days a month, and school supplies. I was shocked at how fast it added up. I want to do it much cheaper but that will mean no insurance, no flying home, no marinas with unlimited electricity for my kid's video games and downloading a bunch of movies while we're there, and no cellphones.
It also means no tours, no taxis, no car rentals so we would miss a lot of things to see. There is still plenty of the world to see and if we can't do it on a $200k cat with insurance and a watermaker we'll still do it on a $20k mono with no insurance and a lot of beans and 5 gallon jugs. Good thing I like beans.
__________________

__________________
sww914 is offline  
Closed Thread

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Cruising on $500 per Month . . . goprisko General Sailing Forum 3094 24-03-2012 23:32
Cruising on $500 / Month Springbok Dollars & Cents 337 10-11-2010 09:52
Cruising on $499.99 per Month.. David_Old_Jersey General Sailing Forum 9 11-05-2010 05:08
New to Cruising - With 8 Year-Old and 7 Month-Old NeverforGranted Meets & Greets 2 25-04-2010 14:33
Cruising USVI / BVI Next Month markbeebe Sailor Logs & Cruising Plans 16 12-01-2009 15:10



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 22:24.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.