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Old 03-21-2012
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Sailing on a shoestring.

Reading through this forum I kinda get the idea that there are quite a bit of independently wealthy people here " cheers to you ". Does anyone here still voyage on a shoestring budget? own their boat? Sail without? I'm just curious and would love to see some examples of happy minimalism.
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Old 03-21-2012
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Re: Sailing on a shoestring.

From Charlie Doane:

BLUEWATER SAILING ON A BUDGET: Selecting and Preparing a Boat | Sail Feed
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Old 03-21-2012
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Re: Sailing on a shoestring.

Did you say shoestring budget? With three young kids, I'm definately on a shoestring budget and am making do without a boat payment.
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Old 03-21-2012
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Re: Sailing on a shoestring.

Sold my house and most of my furniture and moved into a small apartment close to work. Told the kids they had to pay for their own college (like I did). I drive an 8 year old car and own nothing fancy, except my boat. I make pretty good money, but I live way below my income level in order to support my sailing habit.
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Old 03-21-2012
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Re: Sailing on a shoestring.

I'm a shoe-stringer! I have a pile of kids too but I love sailing. My boat, I got for 2k and I'm having to make payment on that... we don't really get to cruise 'cause we sail on a Lake that is Little Rocks Water supply, so the kids hate it 'cause swimming isn't allowed.


My other issues are: Since I can't jump in the water due to regulations I can't verify my draft. And btw, I don't have a sounder. My wind vane on the mast is about 30* off.

We do what we can to sail, It may not be much or fancy but sailing on a budget beats wishing I was sailing....
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Old 03-21-2012
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Re: Sailing on a shoestring.

Quote:
Originally Posted by barefootnavigator View Post
Reading through this forum I kinda get the idea that there are quite a bit of independently wealthy people here " cheers to you ".
With very few exceptions I suspect that most of us here do not resemble that remark... Off the top of my head I can only think of a few SN members who might appear have some real wealth - and even that is only by inference of the boat they sail and the sailing they appear to do based on what they post - for all we know they could be in hock to their eyeballs...

Many have worked hard, are perhaps now finally mortgage free and managing to support a boat and all the expenses that go with that. In many areas owning a boat is a virtual guarantee of lack of wealth . Others have finally had personal businesses pay off... etc.

I'm thinking you were kidding, but unfortunately that is a common misconception in the non boating public.. anyone with a boat must be rich.. but it's pretty far from the truth in general.

I do envy those able to minimize, as you say, live on the hook full time and disengage from the hustle and bustle.. but that's not everybody's cup of tea either....
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Re: Sailing on a shoestring.

Independently wealthy? Hardly. Willing to make sacrifices to live out my dreams? Definitely!
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Re: Sailing on a shoestring.

Excellent, I'm heading out this spring and my monthly budget is well below $500.00 everyone I know seems to think I'm nuts. Having said that I don't know one person in my marina who owns their boat. It seems that 90% of the boats here are abandoned or ill maintained, Its so sad. In a perfect world I would wait to set out till all my ducks were in a row but in a perfect world I would have done that 20 years ago. Id love to see some voyaging budgets.
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Old 03-21-2012
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Re: Sailing on a shoestring.

Prior to buying my boat I decided that if I were ever to buy one, it would have to be ca$h. I bought my boat while I was out of work (2years at the time), which gave me an appreciation for every penny that I spent, and lots of time to get her into shape. I posted observations of many of the boats that I looked at here in SailNet.

No sooner was she launched, when I received a job offer... at least now I can afford the slip and storage fees.

I still track and worry, about every penny that I spend on the boat. I'm not rich, and probably won't be able to retire. But, if Newt Gingrich ever gets elected president, I am heading for the Carribean full time.

I love my boat... more than I like money...
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Old 03-21-2012
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Re: Sailing on a shoestring.

Pick your favorite and salvage it!

Brad
s/v KIVALO

Quote:
Originally Posted by barefootnavigator View Post
Excellent, I'm heading out this spring and my monthly budget is well below $500.00 everyone I know seems to think I'm nuts. Having said that I don't know one person in my marina who owns their boat. It seems that 90% of the boats here are abandoned or ill maintained, Its so sad. In a perfect world I would wait to set out till all my ducks were in a row but in a perfect world I would have done that 20 years ago. Id love to see some voyaging budgets.
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