How did you get the money for your first sailboat? - Page 3 - SailNet Community
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post #21 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

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just a little iffy on the basics, like clean water, a shower, refridgeration and lights...
Excellent, that is also saving you a packet since clearly you won't need to entertain the ladies
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post #22 of 103 Old 12-11-2012
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if you need lights and running water to entertain them, you're doing it wrong.

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post #23 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

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I'm living on my boat. I work two full time jobs and go to university. I have no car, no TV, no Internet(except from my cell). I have had one evening out for two beers since the start of fall semester, with my boss, to talk about work some more. I parked my old travelling bike, and sold the fancy dual sport replacement I thought I'd ride around the world...
And I took out a loan.
I think this is inspiring.

There aren't that many young people who can put aside the easy life to get what they want.

(and even fewer older people)
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What are you pretending not to know ?

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Last edited by wind_magic; 12-11-2012 at 05:29 AM. Reason: Edit
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post #24 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

Working very hard. I was 11. The boat was a neglected wooden 8' pram that needed the cb trunk replaced. Selling nightcrawlwes to a bait shop, shoveling snow, collecting deposit bottles and running a trap line for muskrats. Those pelts were like gold. $2.00 each for a prime! There were some wonderful sailing and other experiences in that boat, not to mention the ones earning the money to buy it. I wish I still had it. I taught myself to sail in it. It has been all downwind since then! Figuratively speaking, of course.

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post #25 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

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Geeze BL, thought you were more observant than that. Got the luxuries, I HAVE A BOAT And with tethering fo internet and a portable hard drive I don't need land based internet or TV.

just a little iffy on the basics, like clean water, a shower, refridgeration and lights...
Some day :-)
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post #26 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

I think my situation is not the norm, but I'll tell my story anyway:

I sold my townhouse inland, and bought a detached, single family home very close to the water, in a "water access community". Basically, that means that at the end of my street is a private beach and boat dock. I pay a small annual fee to use them.

I decided that since I had a dock available, it would be a shame not to fill it with a sailboat, so I took $2,000 of the townhouse proceeds and bought a good "training" sailboat off of Craigslist.

Fast forward two years:

I sold the training sailboat for a little less than what I paid, I sold my DeLorean and my motorcycle, and bought my Pearson 30. I didn't have to sell all of those things to meet the purchase price of the boat, I sold them to buy the boat, pay off bills, and have cash to upgrade the boat to my desires, and maintain it the way it deserves.

I'd sell pints of my blood to keep the boat.

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post #27 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

I worked for the Fed Gov't, which meant frequent relocations. Since we had to sell our house and move across the country anyway, when we got to the new location we bought a house that was a significant downsize from our previous house and put the profit into a boat.


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post #28 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

Found a boat within my financial means, worked hard to pay for it (....and ongoing maintenance and upgrades) and told my wife the new kitchen she wanted was in our new vacation home which has 360 degrees of waterfront.

PS, 10 years later we renovated our kitchen and first floor which cost more than the boat. (ouch!)
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post #29 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

I traded a backpack for my first boat, a Flying Jr. This boat, I worked a lot of 12 hour days and weekends to pay it off in 4 months. Then I sold all my crap to pay for the refit. Now I'm broke and cruising.
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post #30 of 103 Old 12-11-2012
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Re: How did you get the money for your first sailboat?

We worked hard and saved. Easy.

Tim R.
Our Carina is for sale
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