Join Date: Jun 2003
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Yeah, but cut the beer, wine and rum and why go? Better to cut the cruising and keep the beer, wine and rum!
We are leaving in a month or so, and have done tons of research, including friends who have left before us. Most people figure a really, really comfortable lifestyle at $1500 per month. People spend it differently, depending on their priorities. Some spend it on marinas, some on higher insurance payments, some on restaurants and bars, some on sidetrips. But many, many folks seem to converge on the $1500 level. We are planning 1500-2000, including boat insurance, the occasional marina (seldom), occasional restaurants (local, not 5-star), catastrophic-only health insurance, boat maintenance and the other normal expenses (food, fuel, water, fees, mail forwarding). But NOT including any land-based expenses, like life insurance, taxes, any real-estate costs for property, etc.
Obviously, cut the health insurance and boat insurance and keep the maintenance down by keeping systems simple (we have NOT), will dramatically get the numbers down. Also keep cell phones and other communication down, no trips home, marinas to a minimum can cut costs. These are the things that typically get the costs higher.
Books by Annie Hill and the Pardey''s explain how to cruise much more simply and cheaply.