Turning dreams into reality; How much should I save? - Page 3 - SailNet Community

   Search Sailnet:

 forums  store  

Quick Menu
Boat Reviews  
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Hatches and Portlights
Interior And Galley
Marine Electronics
Other Items
Plumbing and Pumps
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here

Go Back   SailNet Community > Out There > Cruising & Liveaboard Forum > Living Aboard
 Not a Member? 

Like Tree3Likes
LinkBack Thread Tools
Old 01-17-2012
Harborless's Avatar
Blue Horizons
Join Date: Nov 2010
Location: Jacksonville, Fl
Posts: 1,052
Thanks: 4
Thanked 19 Times in 16 Posts
Rep Power: 5
Harborless is on a distinguished road
Originally Posted by PGnehm View Post
Do you guys think it would be reasonable to budget for an initially purchase of around 25k, and then finance the rest of the necessary repairs?
Not the way you want to go. As a young sailor who knows many other sailors young and old I can say with absolute certainty that financing repairs and refits leads to major problems. A lot of people are hurting from the same sort of thinking in regards to housing and the recession.

You say you will have 25000 for the boat saved up? Then you have 25000k to work with. Do not cripple yourself with over extension. Do a quick search online and you will find plenty of beautiful, well-built boats available for 10-15000. I cannot stress the importance of having extra money. You WILL run into difficulties so do not handicap yourself. You need a nice cushion. Otherwise you will be one of the many people I know or have seen with too much boat for their wallet. What happens then is their boats sit and sit falling deeper into disrepair until one day they sell or scrap the boat.

You want to live on a sailboat or you want to sail on a sailboat? Big differences there.

If you have $25000 do not spend more than $18000 on your boat. Do not do it! You here me over there in Rado? DO NOT DO IT!!!
Reply With Quote Quick reply to this message Share with Facebook

Quick Reply

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:
Please enter a password for your user account. Note that passwords are case-sensitive.
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:


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

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
dreams, hopes, and reality ryanjenkins Cruising & Liveaboard Forum 67 01-22-2010 02:29 PM
Keep Turning Left tinkturtle General Discussion (sailing related) 6 10-06-2009 08:59 PM
Keep Turning Left - How good is this ? tdw General Discussion (sailing related) 2 05-28-2009 06:16 AM
Turning Diesel Key Off? CapnSantiago Gear & Maintenance 16 09-05-2007 03:08 PM
SPLASH! Save the Harbor/Save the Bay Newsletter NewsReader Mass Bay Sailors 0 06-15-2006 06:15 PM

All times are GMT -4. The time now is 05:27 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2015, 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.