How to finance yourself while cruising fulltime? - SailNet Community
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post #1 of 30 Old 05-14-2014 Thread Starter
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How to finance yourself while cruising fulltime?

Lets say you just bought a boat. You don't have much money left after fixing her up. But you want to go cruising NOW, not in 5-10 years. What are the best ways to support yourself while sailing full-time?
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post #2 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

Long Gold, short EUR, short JPY, tricky with S&P
The most important part is to have your soul-mate with you on-board full-time
If you have that - everything is possible!
Good luck!
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post #3 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

This, of course, depends upon YOUR talents. Some folks have special skills that are marketable regardless of where they reside. I know dozens of cruisers that can fix any engine ever made, and do it quickly, while others can do some incredible canvas and sail work, have their own heavy-duty sewing machine and an assortment of hardware. Some are freelance writers that have managed to eek out a living with the few print media sailing and boating publications still in print. Me, I'm a musician/singer/entertainer, and for decades I've been in high demand for private parties, senior events, nite clubs, tiki bars, and marina restaurants. I can usually find work everywhere I cruise, unless is a remote island with no inhabitants, or a place that is frequented by the very young college and high-school crowds. My market is primarily folks from 40 to 80 years of age that love to party.

Good luck,

Gary
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post #4 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

I would suggest that you consider breaking your available cash into two segments; the boat ready to sail, and an annuity. The annuity will give you a fixed income for the duration of the contract, or your life, which is nice.
You will not be allowed to work in a foreign country unless you have a trade that the locals don't and I seriously doubt you are going to be able to finance your sailing with charters.
Some people I know run online stores, but this requires good internet where ever you go. Being a published writer is also a good source of sailing income. Just ask J K Rowling.

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post #5 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

10,000 work permits were issued in Phuket, Thailand this year to foreigners...


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post #6 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

I think the obvious answer is to have bought a cheaper, likely smaller boat...

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post #7 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

In addition to marketable skills/ talents, I suppose it depends on how much support you need? Probably need to start with a budget..what are your fixed expenses? variable?

And, where you want to cruise to.

There are some threads here that discuss the $500/mo. version and there are a few bloggers that have detailed some realistic expenses. ( like health-care, boat insurance, maintenance etc. )

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Last edited by Tempest; 05-14-2014 at 11:07 PM.
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post #8 of 30 Old 05-14-2014
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Re: How to finance yourself while cruising fulltime?

Recruit some hookers and open a floating brothel.
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post #9 of 30 Old 05-15-2014
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Re: How to finance yourself while cruising fulltime?

lottery

Don't blow air up my rear, be useful and blow it at the sails!
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post #10 of 30 Old 05-15-2014
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Re: How to finance yourself while cruising fulltime?

Bank jobs
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