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post #2 of Old 04-27-2013
bljones
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Re: Young cruisers

It's just like a big construction project, a matter of making the commitment, then establishing an objective, then determining the budget, then reworking the objective to fit the available budget.
The only thing preventing you from leaving is you. if you have no debt, then you likely have a house that is either an income producing asset via rental income, or an asset that can be sold to fulfill your cruising budget.
Something to think about- if you and your spouse are typical, you spend $120/week eating out. lunch, dinner, coffees, snacks... if you just eliminated that expense, you have over $6k per year in "found income." If you make the commitment that you are going to take a "seabbatical" in five years, and made no other changes in your life, you would have a cruising kitty of over $30 K... enough to cruise comfortably for over 2 years, without having to liquidate any assets.

It's 5 o'clock somewhere:


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