Saving to Buy a Boat, Halfway There! - Page 3 - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Like Tree7Likes
Reply
 
LinkBack Thread Tools
  #21  
Old 03-01-2013
Senior Member
 
Join Date: Jan 2011
Location: Maine
Posts: 586
Thanks: 0
Thanked 16 Times in 16 Posts
Rep Power: 4
DonScribner is on a distinguished road
Re: Saving to Buy a Boat, Halfway There!

Ryan,

$12,000 for a dream sailboat is a reasonable goal. Congrats on keeping sites.
Reply With Quote Share with Facebook
  #22  
Old 03-01-2013
RobGallagher's Avatar
HANUMAN
 
Join Date: Aug 2001
Location: Noank, Connecticut, USA
Posts: 1,323
Thanks: 7
Thanked 15 Times in 14 Posts
Rep Power: 14
RobGallagher is on a distinguished road
Re: Saving to Buy a Boat, Halfway There!

Interest rates are low and tax deductible on a boat with a head/galley. Have enough of a down payment so the payments are more than manageable and still pay extra on the principle...not much different that saving when you do the math.

In my situation, The interest is so low after the tax break that it's really not worth if for me to pay more on the principle... better for me to invest more. YMMV.
__________________
HANUMAN
'88 C&C 30 MKII
NOANK, CT
Reply With Quote Share with Facebook
  #23  
Old 03-01-2013
CatMan22's Avatar
Bring On The Wind
 
Join Date: Apr 2012
Location: Indiana
Posts: 223
Thanks: 5
Thanked 10 Times in 10 Posts
Rep Power: 3
CatMan22 is on a distinguished road
Re: Saving to Buy a Boat, Halfway There!

There is nothing better than owning something outright, I congratulate you on have the strength to say no to instant gratification. Your sacrifice will be rewarded the day you purchase the boat you really want and not have the albatross of a payment hanging over you. I currently have a boat I really like, in a slip for the first time and don't owe owe a dime on any of it all the while saving for the boat I really want and the trip I want to take, the Great American Loop in a 32 footer.
utchuckd likes this.
__________________
S/V CatManDeux
Catalina 22

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


"hark, now hear the sailors cry,
smell the sea, and feel the sky
let your soul & spirit fly, into the mystic..."
Van Morrison
Reply With Quote Share with Facebook
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Halfway up mast, jury rig that worked--once.. nolatom General Discussion (sailing related) 14 11-23-2012 11:35 PM
SAILING: Westlands are surprise leaders at halfway point NewsReader News Feeds 0 07-01-2012 10:50 AM
Is this boat worth saving? dylanwinter1 General Discussion (sailing related) 18 05-31-2011 09:20 PM
Halfway Mark Reached At Rolex Antigua Sailing Week (Nautica) NewsReader News Feeds 0 05-03-2006 04:15 AM
The BT Global Challenge—Halfway Around SailNet Racing Articles 0 03-11-2001 07:00 PM


All times are GMT -4. The time now is 07:07 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.