Living the dream
Join Date: May 2008
Location: Mackay Qld AU
Thanked 12 Times in 11 Posts
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Re: How to finance yourself while cruising fulltime?
Hmmm, I guess I'll have to give up the idea of bank jobs for income support.
Back on task, don't forget the old adage "A dollar saved is a dollar earned'. For a cruiser this means learning how to fix as many things yourself on your boat as you can but it also means the less tangible things like planning stays in cheaper locations, eating cheap, sourcing used and near new components instead of new etc.
The wife and I are shutting down the business real soon and heading off in the next year or so and we will have a small pension and rental income. However, we have also looked at a range of ideas to earn extra income so we also plan to do small periods of work to keep the kitty topped up. Having said that, we don't want that to be our prime focus and will work only when we feel like it. Fortunately, we have skills that will allow us to do this (through planning, not luck). In addition we are going to buy a decent video camera and make some documentaries and see if we can sell them over the Internet. Not too sure on the last one, but nothing ventured nothing gained so it will be more of a hobby thing. And finally, we are going to set up a small web store selling a low volume specialised product. I guess you could say the strategy we are using, and the one I would suggest, is look at the entire spectrum of things you can do and don't necessarily focus on only a single thing.