Originally Posted by TonyBe
This seems to have just been a throwaway line but that is seriously an absolutely huge thing to consider.
It's probably even bigger than that.
We just did 6 months with two kids
10 and 6, and their education using distance ed was the biggest time consumer.
And we failed at it, we barely kept up with the maths and English
curriculum - and that's with us parents having degree level competence in these areas. It would have taken 4 hours a day with both parents to keep up -and we didn't think that was the best use of our time. So we ended up doing school work
whenever there was nothing better to do... which wasn't often cruising.
As for budget
- we were on a much smaller boat
(37' mono), but had an effectively unlimited budget
for the time. We mostly spent 5 to 10 days anchored out on islands / reefs
etc, then 2 to 4 days in a Marina. I was actually surprised how little we spent. When away from a marina, we spent virtually nothing - just the cost of the food
and booze we consumed onboard. In the marina we ate out everyday, normally twice, and did land based stuff including car hire when required.
We spent around $20k preparing the boat
, but nothing on the boat while travelling. All up we spent around $5k per month all in for us and the kids. Most expensive dinner was a touch under $500, most would have more like $120 food
, $50 drinks. We did kid stuff like theme parks, but not much adult entertainment.
We figure we could live this lifestyle indefinitely on sub $100k per year. Unfortunately we don't yet have that as a passive income
. One day...