SailNet Community - View Single Post -
View Single Post
post #11 of Old 09-16-2003
Senior Member
Join Date: Jul 2002
Posts: 1,120
Thanks: 0
Thanked 4 Times in 4 Posts
Rep Power: 15
As some of the posts show, not only does a given boat''s budget vary widely from ''the pack'' but a cruising budget is actually a subset of a larger set of financial issues (re-entry costs, boat purchase/upgrade budget, emergency fund, etc., all funneling up to a total financial pot from which they all must be funded).

The best single source for coaching someone through all these issues...but tying them down to a specific boat and cruising in Beth Leonard''s Voyager''s Handbook (I may have that title off just a bit). Beth knows enough to correlate the financial planning issues with other directly relevant variables, e.g. the simplicity/complexity of the boat involved, and reading the chapter in her book is a big help in sorting out the micro and macro views.

FWIW Latitude 38 regularly carries articles on this topic, more often focusing on cruising on the W Coast of Central America but sometimes farther afield. While the details offered by their readers is always enlightening, their central theme carries right thru all the readers'' comments: you''ll spend what you have and, as a corollary, you''ll make what you have work if you''re committed to going.

WHOOSH is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome