Originally Posted by Lonestaralaskan
This and the previous thread on shoestring sailors kept me up til 3am. Couldn't quit reading. Though there were some good tips here and there, mostly the read has made me more worried that I can't survive on $1500 a month, let alone $500. Not sure I'd even want to try that...
But kudos to those who can manage it. But seriously, stop stealing all the Mexican flatware!! Hah.
As you may have noticed, I have mentioned a few times in this thread that the $500 is not meant to be taken literally, the thread is a much about throwing up ideas for folks on a budget
of any size to save costs (for some a necessity for others to spend the money
elsewhere)....and equally importantly to say to folks that there are others living on a small budget
- boats ain't all about 50 foot of shiny straight out of a brochure
..........some wit and effort goes a long way in both keeping budget down and being safer (no amount of money buys "safety").
FWIW, although not "out there" (I kinda adopted the subject and set up this 2nd thread after INDY got booted from CF as I thought the subject worth keeping alive - this thread pops back up fairly regularly).........my take is that easier to live on a zero budget than a fixed $500 a month!........and for that the secret will be - making money! (if you can crack that in a way that works for you then have a pot that never empties
.......of course if that was easy then everyone would be doing it!)......another (long!) thread around with lots of ideas, of varying practicalities
.....no easy answers, just like boats gotta puzzle out own solution.
In any event, even on a $500 month budget you won't have $500 a month to spend, that being an average - some months will be higher
, which means that in the other months the "normal" (expected) spending will be lower!, how much lower likely depends on condition of boat
and use / location.........on which note, on a low budget likely that paying for mooring
is gonna be a luxury item.....that and work (if doing any) will dictate cruising area - albeit depending on where and what doing for work and how often can use the magic of Mr Jumbo Jet to travel for that.
Boats is all about choices
- on a tight budget some hard ones as well. Not doable by everyone, but that mostly by not wanting to as not enough fun - but for some (with low financial needs, and some wit) a tight budget is doable, even if not a forever thing.
Finally, I will say that likely the No.1 secret to a tight budget is the boat - in not buying
a money pit!!, no matter how cheap
the purchase price
. The better condition (and likely also the less gizmos onboard) when you set off the less the monthly costs will be, and will let the boat budget (cash and time) go on preventative maintenance
rather than fixing stuff when broke.