Income whilst cruising - SailNet Community
Reply
 
LinkBack Thread Tools
post #1 of 26 Old 01-17-2010 Thread Starter
Senior Member
 
bellefonte's Avatar
 
Join Date: Jan 2010
Posts: 127
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 6
 
Income whilst cruising

Hello all. I desire to cruise full time and occasionally drop anchor and stay in areas that it is seasonally beneficial to do so. (snowbirding it if you will)

The challenge is...

I am a 47 year old that did not exactly managed my financial life well, so I have no large savings or investments. My main worth is tied up in a home that within a few years should be worth enough to net enough to buy the boat i want.
My wife and I are working to be debt free in the next couple years (other than car and house) and over the next few years, we should be able to sock away 100 to 150k or so in cash.

I share all that to give you an idea of what I am up against. I realize is less than ideal. Now I am looking for a way to make the dream happen before I am out of time.

I expect that I will have to work while cruising, making enough to be self sufficient

I have two questions:
1. Is it possible to support ones self on the water?

2. If so, what are some ways to earn money while cruising? I'm thinking my wife and I could learn 3 or 4 skills each that are commonly needed by either the yaching community or by Marinas. Possibly ones that are fairly uncommon.

Some suggestions i have heard are:
Painting, coatings and fiberglass repair (I did this for a living at one point)
Haircutting (I dont know if I could do this or not)
Massage (the wife is licensed)

The answer to this will determine if I am destined to be a land lubber or if I get to live the dream.

Thanks in advance for all the help.
bellefonte is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #2 of 26 Old 01-17-2010
Just another Moderator
 
Faster's Avatar
 
Join Date: Sep 2005
Location: New Westminster, BC
Posts: 16,534
Thanks: 104
Thanked 310 Times in 300 Posts
Rep Power: 10
     
I think you'll be facing a couple of issues here..

To get that type of work at marinas and anchorages means you'll be expecting to cut into the 'locals' business.. not a goodwill-generating approach. Couple that with the intensely cooperative and helpful cruising community (at any popular stop) and you'll likely find someone with the same skills willing to help out for a couple of beers.

Your wife's massage credentials will probably be the most useful.

I think a more viable approach might be to be able to provide a service that helps (or is in demand) in the local community/country that you're visiting. Teaching English, perhaps, if you're prepared to stay for a bit, but something along those lines (or dentistry or medical skills not readily available locally). But even then, the locals probably won't have a high ability to pay even reasonable fees...

A web based business might be viable if you strive to stay somewhat connected... not always easy either.

This is a tough one..

Ron

1984 Fast/Nicholson 345 "FastForward"

".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)

Last edited by Faster; 01-17-2010 at 02:17 PM.
Faster is offline  
Quote Quick Reply Share with Facebook
post #3 of 26 Old 01-17-2010
Telstar 28
 
sailingdog's Avatar
 
Join Date: Mar 2006
Location: New England
Posts: 43,290
Thanks: 0
Thanked 14 Times in 12 Posts
Rep Power: 14
         
One other thing.... if you're working in a foreign country and don't have the proper paperwork, really bad things can happen.

Sailingdog

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

If you're new to the Sailnet Forums... please read this
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
.

Still—DON'T READ THAT POST AGAIN.
sailingdog is offline  
Quote Quick Reply Share with Facebook
post #4 of 26 Old 01-17-2010
Senior Member
 
Boasun's Avatar
 
Join Date: Feb 2007
Location: New Orleans, LA
Posts: 3,070
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 10
   
I've retired twice now... and still find that I have a couple of bad habits....
1. I enjoy eating
2. I enjoy a roof over my head

So am still working part time. About 13 to 14 days a month. But then I teach what others need to know for sailing. Navigation for one and associated other subjects that go with navigation. It matches my SS chk and that is a good thing, a very good thing.
Now to cash in my very small 401 and go looking for a good size live aboard boat.
Seeing how I have taught sailing and have single handed Power vessels to about 120 feet. A sail boat of around 40 to 60 foot would be good. Will try out various sizes before I put the cash down... could end up with a sabot and be happy.
Had a 30' catalina...But it felt small, but then my ex was with me at the time and that could have been the reason.

1600 Ton Master, 2nd Mate Unlimited Tonnage

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Maritime Instructor
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

S/V Rapture

Last edited by Boasun; 01-17-2010 at 04:00 PM.
Boasun is offline  
Quote Quick Reply Share with Facebook
post #5 of 26 Old 01-17-2010 Thread Starter
Senior Member
 
bellefonte's Avatar
 
Join Date: Jan 2010
Posts: 127
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 6
 
ohhhh

Quote:
Originally Posted by sailingdog View Post
One other thing.... if you're working in a foreign country and don't have the proper paperwork, really bad things can happen.
Oh, hadnt thought of that. So basically, one has to have enough money to live on indefinatly, or be over 65 and have a large enough SS check to make ends meet.
bellefonte is offline  
Quote Quick Reply Share with Facebook
post #6 of 26 Old 01-17-2010
Just another Moderator
 
Faster's Avatar
 
Join Date: Sep 2005
Location: New Westminster, BC
Posts: 16,534
Thanks: 104
Thanked 310 Times in 300 Posts
Rep Power: 10
     
The term "Snowbirding" implies spending only part of the year down South... so another approach may be to spend the cold months there, but return home for say 6 months a year and work at whatever to recharge the kitty for the next season. The 6 month rotation seems most common among the folks that are doing this sort of thing.

The Caribbean is not really a great place to be hanging out during summer or hurricane season anyway, and boat storage for the summer/fall break can be surprisingly reasonable.

Ron

1984 Fast/Nicholson 345 "FastForward"

".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)
Faster is offline  
Quote Quick Reply Share with Facebook
post #7 of 26 Old 01-17-2010
Senior Member
 
CaptainForce's Avatar
 
Join Date: Jan 2006
Location: living aboard since 1972
Posts: 1,715
Thanks: 0
Thanked 12 Times in 12 Posts
Rep Power: 10
 
Before we retired with sufficient cruising income, we worked in Florida while living aboard for thirty years, and cruised to the Bahamas for the "off season", june to august. Now, we can cruise fulltime and be in the Bahamas in the winter & spring. You might be able to secure seasonal work in the US that could allow seasonal cruising. 'take care and joy, Aythya crew
CaptainForce is offline  
Quote Quick Reply Share with Facebook
post #8 of 26 Old 01-17-2010
Seen Your Mamba
 
AboardIndigo's Avatar
 
Join Date: Aug 2007
Location: Niagara Region
Posts: 248
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 8
 
Would you make a nice piece of exotic eye candy for independantly wealthy local women? You could offer up professional escort services to whatever passes for the upper crust wherever you make landfall.

AI
AboardIndigo is offline  
Quote Quick Reply Share with Facebook
post #9 of 26 Old 01-17-2010
Senior Member
 
Join Date: Mar 2008
Posts: 536
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 8
 
Quote:
Originally Posted by Faster View Post
The term "Snowbirding" implies spending only part of the year down South... so another approach may be to spend the cold months there, but return home for say 6 months a year and work at whatever to recharge the kitty for the next season. .
That is I think the answer. Too many legal issues with working while traveling. Gone are the days when you could bounce from country to country while living off service or labourer type work.

Of course if you have a, shall we say, a less than great concern about legalities then there are lots of money making opportunities. They seem to range from, paying for lunch to limitless wealth and are available to anyone. I can't lie worth a darn to a 9mm or M16 so do not really have access to most of those options.

Even province to province. Try getting work in BC, near a marina, if you do not have a BC drivers license it is tough going. OF course it can be done but it isn't as easy as it may sound, particularly if you are talking to someone who has great jobs just falling into their lap at every turn (hate those guys! grin).

I think the best option and one I envy are those who can work for a few months at home and then cruise for a few months. That is sustainable, keeps the health insurance close and generally avoids many legal issues.

.

Have faith that the oceans are going to rise and flood the world, that plague and pestilence brought on by Climate Change is going to punish us for not believing. Please do as they say it is our only hope. :P
Architeuthis is offline  
Quote Quick Reply Share with Facebook
post #10 of 26 Old 01-17-2010
Senior Member
 
Join Date: Jun 2006
Posts: 5,006
Thanks: 5
Thanked 18 Times in 18 Posts
Rep Power: 12
     
Cutting expenses can really help too.

I know cutting expenses gets a bad reputation on this forum, but you can have the best food, the finest boat, and the most luxury available on the water if you put out the effort and make it happen. You can't buy better food than it is possible to make yourself, or have more intricately carved beautiful woodwork than it is possible for you to carve yourself, or have more beautiful strong sails than it is possible for you to sew yourself, etc, it just takes work.

What are you pretending not to know ?

Please support my
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by wind_magic; 01-17-2010 at 08:33 PM. Reason: Wording/Grammar
wind_magic is offline  
Quote Quick Reply Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Retirement Cruising Budgets Randy Harman Cruising Articles 0 05-12-2004 08:00 PM
Calculating the Cost of Cruising Paul & Sheryl Shard Cruising Articles 0 04-03-2003 07:00 PM
Calculating the Cost of Cruising Paul & Sheryl Shard Her Sailnet Articles 0 04-03-2003 07:00 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome