Bristol 45.5 - AiniA
Join Date: May 2006
Thanked 118 Times in 106 Posts
Rep Power: 11
Re: The economics of sailing around the world
One other thought that I have not seen mentioned anywhere is that the costs of extended cruising do not happen in a linear fashion. Some months you spend a great deal, in others not a penny. When you first start out the boat is (should be!) in great shape so maintenance is low but increases later and where you can actually buy stuff - for us this was St Martin, Grenada, Australia, American Samoa (USPS), and Souh Africa. Sometimes you have high operational costs for entry and other things. Panama was a perfect storm for this with fees, Canal costs, plus a terrific opportunity for major provisioning before heading into the Pacific.
We are now spending a great deal getting ready to leave South Africa but will spend little in the couple of months after we leave with only a few stops (St Helena and Ascension are not famous for their shopping possibilities). I guess what I am saying is that you need to have a stock of money available to both take advantage of opportunities (good, cheap provisioning opportunities)) and problems (we spent $5000 to get my hand put back together at a private hospital in SA. Without speedy and competent care I might lost use of the hand.
The whole business of paying for cruising is really complicated at many levels. For us, we paid quite a bit for the boat to have a vessel that we could be confident in. We cruise with a moderate lifestyle although take advantage of the opportunities to visit remarkable places, but (and it is a big BUT) we have a significant nest egg if we need it- this also gives us confidence and comfort.
Finishing our major refit. Our trip to Newfoundland is off because it is too late. Hoping to go to the North Channel instead.