THANK YOU for saying the final number right at the beginning and not hiding it through the video like most people do to force you to see the whole video! You are a good man.
@howtosailoceans1423
5 жыл бұрын
Ha! That was actually intended as humor, but glad it worked for you ...
@TCGE08
5 жыл бұрын
I won’t give a donation, that sounds like a charity...but I will compensate you for your time and knowledge. Thank you, good sir!
@howtosailoceans1423
5 жыл бұрын
Thank you!
@gene5057
4 жыл бұрын
Let's be careful and not commit the sin of charity.
@millzee60
5 жыл бұрын
Thank you for your candor, it really helps those of us considering a similar life style.
@howtosailoceans1423
5 жыл бұрын
Thanks for stopping by, Colin
@LandersWorkshop
5 жыл бұрын
Good to hear this, it's not impossible for a working-class guy or gal who works to do the cruising thing. You are the Survival Mariner!
@paulgarcia1147
3 жыл бұрын
Kevin, You have the most honest sailing channel on the net bud. No freakin women in bikinis with everything hanging out to get clicks. Thanks for the honest info and stay safe.
@patricklaine6958
5 жыл бұрын
Kevin, you overlooked a very important cost category. I was not able to listen to this due to travels, so turned on the subtitles. It appears that you have "3.5 whores outboard". Why did you not mention that substantial cost?
@svamandolin3546
4 жыл бұрын
its in there. $151.17 per year for Propane and Gas for Outboard.
@redreuben5260
3 жыл бұрын
@@svamandolin3546 there was a joke there that went right over your head.
@svamandolin3546
3 жыл бұрын
@@redreuben5260 time for my medicine and bed. I get it now.
@lifewithglee
3 жыл бұрын
That's hilarious. I missed out by not having the subtitles on. Seems like if it has boobs, wheels or sails it's going to cost you. I'm on a tight budget and can only afford one... so I'm single.
@RiggingDoctor
5 жыл бұрын
The beginning was short and sweet! Thanks for the deep dive :)
@markthomasson5077
3 жыл бұрын
A significant slice of your budget goes to maintaining a lovely old wooden boat…a good to you. Of course if you had a boring grp boats, lots of this would be saved. Twin fin keels, you could lay up on a beach, another saving. And I would have a junk rig, cheapest and easiest to maintain
@spikeafrican8797
5 жыл бұрын
Thanks a lot for doing that. Go simple go small is looking more and more appealing! Really interesting to hear about your background too. Much appreciated.
@ucheakwubaii6291
5 жыл бұрын
Key is he is frugal and does a lot on his own also he has no inboard engine to cry over. Either way, I love this series and the insights. God bless you and be safe
@crippledkitty863
4 жыл бұрын
Lol, I originally went on to KZitem today with the intention of learning more about sculling oars and their use. Six videos later I've discovered a new sailing channel to subscribe and binge on. I will add you to the list sir!
@howtosailoceans1423
4 жыл бұрын
Happy to have you onboard!
@mikeh720
5 жыл бұрын
Nice to meet you tonight! Look forward to seeing you again somewhere out there.
@howtosailoceans1423
5 жыл бұрын
Ahoy Mike, good to meet you as well. Fair winds mate ..
@artofdrifting
3 жыл бұрын
So good to see such honest analysis. Thank you.
@shnboardman1
3 жыл бұрын
You have a lovely boat and i wish you all the best
@southerntexashomestead5028
4 жыл бұрын
Kevin thanks for the great breakdown of all the expense for Ruth Avery. One question. What about boat insurance. Since you own your sailboat free and clear are you required to maintain liability + any other coverage on the boat. Especially when hauling out in the boatyard & sitting on the hard for weeks doing boat projects. Thanks in advance for your reply. Great channel.
@dolcevita5411
2 жыл бұрын
Brilliant and frugal, hope people will learn from your life story. Finding true satisfaction is what you just proved. Thank you, I really liked the honest breakdowns as well as your explanation about former income/investments. Salude! 🍻🍻🍻
@mrc1539
5 жыл бұрын
Just goes to show ,that with dedication, self control, and hard work , dreams can come true. Congrats to you !
@Thebonesoftrees
5 жыл бұрын
Brilliant. You are one of the best on youtube . Fair winds :)
@SailingCorina
4 жыл бұрын
I am on the smallest budget imaginable with no saving or secure income. Because of this, I live on MUCH lower expenses but this is also much more possible in different areas of the world. In Mexico's Sea of Cortez, I am able to live fulltime on a budget of only $550 USD a month! Food is much less expensive, anchoring is free and haul out and bottom work is included in my monthly budget. No, I do not get to go out for dinner and I do not drink alcohol but I am still able to enjoy all the free things in life and actually live life instead of working it away.
@howtosailoceans1423
4 жыл бұрын
Excellent! Fair winds and following seas mate.
@philsmith7398
5 жыл бұрын
Thanks Kevin, that was a very useful breakdown and the image of a Merryl employee on a mattress was laugh out loud! THAT'S the way to make the system work for you. I've left you a tip, not huge, but by your standards, a pretty sweet night out 😂
@howtosailoceans1423
5 жыл бұрын
Thanks for the support, Phil! Yes, when people get high paying jobs they often immediately entangle themselves in big mortgages etc. Fine if that's what you want, but it's a trap if you're not careful. Though many of the people I knew at Merrill could buy houses in cash. They liked to talk about sailing around the world, but they were really just addicted to money.
@philsmith7398
5 жыл бұрын
@@howtosailoceans1423. You're totally correct. I saw the same thing in healthcare but they could not see the opportunity cost of their choices. I remember seeing a graph of equity returns over the last century and had my eureka moment. I went all in, and despite three expensive kids and a wife uninterested in saving, quit work early and I'm now doing up my old 9m boat to sail the Atlantic. Thanks for a great channel.
@howtosailoceans1423
5 жыл бұрын
@@philsmith7398 Yes, Jeremy Siegel constructed a stock index for the US going back about 200 years, and it grew around 7% in constant dollars, so the real value of an investment doubles about every ten years. After about 12 years, stocks are also less risky than bonds. You just have to be disciplined not to sell during the crashes.
@lifewithglee
3 жыл бұрын
What a great video. Seems many people are shy or secretive about this topic. Thanks for the great and rare information.
@mrtbrocks5664
3 жыл бұрын
Thank you for sharing some of the history of your life with us.
@seickhorn
5 жыл бұрын
Best breakdown I’ve seen yet! Thanks!
@howtosailoceans1423
5 жыл бұрын
Thanks for stopping by, Stephen.
@maj21093
5 жыл бұрын
Once again, you have produced an informative video that gives us a "real world" example of what can be done to make a life long dream come true. Thank you for sharing!
@914va
5 жыл бұрын
Could you discuss the Anchorage situation for your years trip? Difficulties??...accessibility etc.
@howtosailoceans1423
5 жыл бұрын
Hmm, that's an involved topic. The short of it is that I anchored almost everywhere, except Key West. The bigger issue with anchoring is often shore access, where to land your dinghy. Sometimes I end up taking a mooring just for that.
@utrubeuser
5 жыл бұрын
Kevin. Thank you for your openness and what a great insight into living aboard. I’ve been living for three yrs now ( Australia) on my 30’ steelie and even that( because of the expenses) has been sending me backwards, supplemented by working for income. I’m inspired by your spreadsheets to do the same to get a tighter handle on my budget. Thanks again. Love your vids Jim ‘Sayshell’
@howtosailoceans1423
5 жыл бұрын
Good to hear that you are staying afloat nonetheless, fair winds mate.
@utrubeuser
5 жыл бұрын
Ben M I’m in SE Qld and have just got off the hard at Redland City Marina, Moreton Bay. They are fantastic people who don’t mind live-aboard.
@mauriciogonzalez1689
Жыл бұрын
Luxurious sailing 16kwow
@gking5522
5 жыл бұрын
Kevin, you have confirmed my plan... As a 'Pensioner' with similar investments as yours, a simply equipped 30 ft monohull with a recent refit, I won't starve or sink (hopefully). See you out there!
@howtosailoceans1423
5 жыл бұрын
Bon voyage!
@kennymartin3416
4 жыл бұрын
Love your channel. No engine and no health insurance,you sir are living on the edge, I hope u never need either, if it were me I would at least buy catastrophic insurance,and a used outboard. I've been in the breakers a few times in my life,it's not recommend. Stay safe ,slan
@richardbohlingsr3490
5 жыл бұрын
Those cost figures seem pretty reasonable to me. I would think if you were living on the land your costs would probably be more. You didn't talk about the cost to buy the boat, or replace it, but the costs probably would equal out to paying rent for an apartment and/or keeping a car. If you had a cabin cruiser those costs wouldn't be anywhere near the same as the sailboat. Thanks for sharing and happy sailing.
@jonnysdronezone1654
4 жыл бұрын
Most amazing sailboat channel I've found. Wow! The information! Thank you so much. Your videos are phenomenal. I've been looking for a channel like this for a while.
@jerrystott7780
5 жыл бұрын
Very informative, reminds me of all the hidden costs from running boats on the ocean fishing in the eighties, the incoming money was great, but so was the outlay. Thanks for the great video.
@SailingBrickHouse-RVLife
4 жыл бұрын
Good video...enjoyed. In our earlier years when we barely had enough money, and no income, that’s just about what our budget looked like. Funny...when we started having income, our budget went up about the same. Bottom line...you spend what you have :) -Rebecca
@jamesdriver8131
5 ай бұрын
That's totally doable boothby. I make just over 13k annual being retired early. Being said I'm cheap so I could probably do it for a little less.
@dasimparmy2289
4 жыл бұрын
Best breakdown of sailing expenses I have seen yet.
@petewilliams4289
5 жыл бұрын
Great cost breakdown and the intro was interesting
@NYWaters
5 жыл бұрын
Nice breakdown of your costs. I think you are saving quite a bit by sailing without inboard diesel engine. I noticed my maintenance expenses also went down quite a bit when I ditched the diesel and converted to electric propulsion.
@howtosailoceans1423
5 жыл бұрын
Interesting, electric motors appear to be gaining popularity with cruisers.
@NYWaters
5 жыл бұрын
@@howtosailoceans1423 I'm glad I converted. But, my hats off to you for sailing without an engine.
@58singleman
4 жыл бұрын
you may want to try a strong electric outboard like the bass fishermen use. Attached to your hull on a retractable bracket, you could have some power available for maneuver or whatever. Recharge the deep-cycle battery with the solar cells. Just a thought.... Thanks for the excellent content.
@howtosailoceans1423
4 жыл бұрын
My first outboard was a Torqeedo. It failed after two years. Much happier with the Tohatsu eventhough it means dealing with gasoline, oil, etc.
@richard21995
5 жыл бұрын
Thanks for another very informative and excellent video. Kevin could you make a video of your routine for setting the boat up in preparing to sail through the night ?
@howtosailoceans1423
5 жыл бұрын
Interesting, yes, that's a good topic. I will discuss my "drill" for preparing to head offshore in November.
@williamobrien2107
5 жыл бұрын
This video was huge help. Thank you for doing the work to break down the spending for a year. This video was well done. One thing that I learned is that it can be really expensive to have a wife and kid. They are crowding out my ability to have a boat...
@jasonomaramusic
5 жыл бұрын
Great video. Thanks for your transparency. It’s really helpful to those thinking of making a change in lifestyle. You’re an inspiration.
@MrReyRomantico
4 жыл бұрын
Hey Captain, thank you for your videos. I sent you something to contribute to your voyage. I hope that God will give me the ability to do what you are doing. Stay safe Brother and thank you for all that you do!
@howtosailoceans1423
4 жыл бұрын
Thank you !
@solosailorsv8065
4 жыл бұрын
Life Styles vary widely. A smaller boat is a very wise choice. "If you can't fix it, it shouldn't be onboard", 'forgot the wise Old Salt that I heard that truism from. Most long-term Cruisers I've met talk of more cash flow, than more boat size. (my few decades concur) I met one couple who "couldn't go" until they had $10M usd. (still on the dock 15 years later) And a guy who averaged $80/mo over five years sailing the Sea of Cortez. (great spear-fisher, cook, and an avid careener ) Now since the world is "closed", I'm content to stay where I am, which is also cheaper than sailing the Caribbean or Oceania's islands. To each their own.
@elbob3631
4 жыл бұрын
$80 per month - wow
@alcooper944
5 жыл бұрын
Thanks Kev a really honest breakdown of costs when living aboard, it would be interesting if someone did a similar breakdown of yearly homeownership costs.
@osmommy2396
5 жыл бұрын
Thank you!
@sharkmentality9717
4 жыл бұрын
I've watched many expense reports by live aboards. Zero understandable info. Hiding the reality and generally suck. Thanks for a thorough and inspiring update.
@riverrat4631
5 жыл бұрын
Thanks for another great video. You showed people they can live a good life for under $1,500 a month. And get to see the world. A nice simple well built boat is the way to go. Thanks Kevin
@howtosailoceans1423
5 жыл бұрын
Thanks for tuning in Joe, and yes, I agree, although I do sometimes wish that I had a little more stowage space ...
@riverrat4631
5 жыл бұрын
How to Sail Oceans I subscribed to your channel at 600 subs. It just keeps growing and you keep getting better and better. I always thought you had the best Sailing Channel. So happy to see you growing
@howtosailoceans1423
5 жыл бұрын
@@riverrat4631 Thanks Joe! I keep at it here, nice to know it's appreciated.
@cnc75adventures49
5 жыл бұрын
You hit the nail on the the head I too had asked and not that I cared about your financial situation but because of your financial responsibility I am going to retire to this life style and I’m just a average guy I’m not into a lavish life style thanks for sharing this👍👍
@howtosailoceans1423
5 жыл бұрын
Happy to give you a nudge, Chad. We only live once, as far as I know ...
@georgecanakis1075
5 жыл бұрын
Thank you truthful and spot on. This really helps to understand if someone can do it or not. Ofcourse you had to tease is with those drone shots of your beautiful boat. Cheers.
@marktwain3387
4 жыл бұрын
This is why I love this channel!
@marianoschaller9066
4 жыл бұрын
Mennnn!!! Your videos are great!. I don't want to say they are the best because they are on the same page of C. Williams and Patrik's videos. Your videos, like the names before, should be shown in all the yachtmaster's classes.
@howtosailoceans1423
4 жыл бұрын
Thanks Mariano! Being on the same KZitem page as Williams and Patrick Laine (or Childress) is a huge compliment.
@Skarletbloom
4 жыл бұрын
I live off 11k a year on my 26ft Pearson and have sailed from Michigan to key west. money is only important for comfort level.
@howtosailoceans1423
4 жыл бұрын
Indeed, well done mate.
@Steve-ul8qb
5 жыл бұрын
Hey Kevin, you in that hurricane path? Stay safe mate!!! You have inspired me to go engine less my friend!! My old diesel pooped its self and its not getting replaced. On another note, I'm not sure how you don't have 50k+ subscribers. Wont be long now and it will take off for sure!! Stay safe!!
@howtosailoceans1423
5 жыл бұрын
Thanks Steve. I am in Baltimore at present, last check on Windy.com looks like maybe 20 knots out of the north on Friday morning, so not too bad. Southern part of the Bay may see gale conditions.
@chappyd5109
5 жыл бұрын
Once again a great and useful video. Be safe.
@mikewoodard6984
4 жыл бұрын
Very concise. Very well done. Beautiful boat. just finished reading "License to Lie". What a shameful thing the DoJ did to Arthur Anderson AND to those few Merrill Lynch guys that worked on early financing of some Enron deal. Glad you were able to finance your desired lifestyle out of your corporate experience there.
@paulputnam2305
5 жыл бұрын
Thanks Kevin‼️ 💪💰👊
@flightplan1000
5 жыл бұрын
Thanks, Kevin. Thanks, Kevin.
@dusttodust
5 жыл бұрын
No engine, diesel, oil, engine seacocks, filters, maintenance water maker (?), generator, wind generator... think I’ve just decided to stick to an outboard (at most) if I get another boat.
@howtosailoceans1423
5 жыл бұрын
That's the spirit! Yes, and because outboards are kind of a pain and not fuel efficient, you'll be inclined to sail more ...
@jimmyallen2245
5 жыл бұрын
Kevin always enjoy your videos ,most informative on KZitem.
@gjferg
5 жыл бұрын
I notice there was no "haircut" budget...Thats alright. The DIY buzz job looks fine!
@howtosailoceans1423
5 жыл бұрын
That would have been in cash withdrawls. That barber cost $12, which goes in the win category by my lights.
@maritimetees2315
5 жыл бұрын
Thanks for opening up on your expenses. Your very frugal. Lol
@howtosailoceans1423
5 жыл бұрын
Yep, frugality is probably one of the common personality traits of long time cruisers. Which is why so many people in the marine industry hate us ...
@oceancowboy6981
4 жыл бұрын
I love your sailing channel so very practical love it thanks
@scottvannederynen6429
5 жыл бұрын
Thanks for doing this episode. You had me laughing when you just gave the number. It did appear that you live very frugally. We should all learn that and what we really need to live. Myself included Please keep these coming. I look forward to each episode.
@rwess
5 жыл бұрын
My claim to fame: Circumnavigated on $14.66/day (budgeted $20) over 6 years = about $32K total = $5351/yr. That's with one haulout included. The boat cost $12K and is not included. This was in the 1990's.
@philsmith7398
5 жыл бұрын
Incredible! Congratulations!
@gking5522
5 жыл бұрын
One haul out in 6 years? You must be able to hold your breath well during bottom cleaning!
@rwess
5 жыл бұрын
@@gking5522 a) Yes, I was a competitive swimmer and the boat was only 33ft. b) I anchored up rivers when I could (prevents growth). The haulout was in New Zealand.
@howtosailoceans1423
5 жыл бұрын
Well done! Fair winds, mate..
@laurenceholden
5 жыл бұрын
Thanks so much for your candor. Very helpful in planning!
@Sailor_Dave
5 жыл бұрын
Thank you, that was very informative! Your videos are great, keep them coming please.
@howtosailoceans1423
5 жыл бұрын
Thanks for stopping by, Dave
@rensburgworks7907
5 жыл бұрын
Great video, honest feedback, thank you
@karlaharrington1
5 жыл бұрын
very useful. thank you for sharing. :))
@fa7842
3 жыл бұрын
The video was very clear, thanks for that. What interests me is how to register a sailboat without an address. I mean, if you've been at sea for a year and you've got an address, you still have to pay for the apartment and then there are taxes and other things. Again, if you no longer have an address (you are deregistered from the municipality and from the state) you can not register a vehicle? Greeting
@LandersWorkshop
3 жыл бұрын
I think he pays a dockyard where he goes once a year for an address there.
@fa7842
3 жыл бұрын
@@LandersWorkshop That is a good idea. Thanks!
@914va
5 жыл бұрын
Thanks friend!! Very interesting.
@cartern2207
5 жыл бұрын
THIS HELPS ME GREATLY. Thanks!
@howtosailoceans1423
5 жыл бұрын
Good to hear Nate! Fair winds
@twelvedegrees5019
5 жыл бұрын
So informative, thanks K.
@navytruck
5 жыл бұрын
Kevin great video thanks again
@rbishop12399
5 жыл бұрын
great information, thank you for sharing!
@somedayblue9197
5 жыл бұрын
Good info, Thanks! If you mentioned insurance, I missed it? Do you carry insurance? I'm not living on my boat yet and keep it at a marina, which requires me to have insurance.
@howtosailoceans1423
5 жыл бұрын
No I do not carry insurance. If a marina requires insurance, I sail on.
@ajax1137
5 жыл бұрын
This was really informative. Of course for most of us, we'll need to take into consideration the costs of engine operation and maintenance. However, if we follow your example of sailing as much as possible, those costs can be greatly minimized. It is amazing that you are able to live off of investments made from just 7 years of working, many years ago! You must have chosen your investments very well.
@howtosailoceans1423
5 жыл бұрын
Indeed, as I have said, US equities are a good investment long term. I think this is still the case. People often lose in the stock market because they sell when the market tanks, and then get back in when everyone else is getting back in. Sell low, buy high is not an effective strategy ...
@karstenboyenielsen4576
5 жыл бұрын
Very useful. Thanks.
@nolemons
3 жыл бұрын
Time to buy a new tuner😂🤣😆 just kidding love your tunes and vids.
@louiskoella9255
5 жыл бұрын
@ 10:16 mark: March/April 2019 Dockage fee of -$166.10 throws off your total, which should be $1,150.49, not $984.39. Your spreadsheet deducted it from your total fees. However, I greatly appreciate your thorough breakdown! I have greatly enjoyed your channel.
@howtosailoceans1423
5 жыл бұрын
The numbers are correct, I should have explained. That negative number was the returned security deposit on the mooring at Key West. I had to pay for two months ($340); the additional month was returned when I left after one month.
@louiskoella9255
5 жыл бұрын
@@howtosailoceans1423 No worries! I sent you $5 via paypal, as a small thanks for your making our days nicer!
@billmead5052
5 жыл бұрын
Great stuff - thanks!
@mhn3773
5 жыл бұрын
Really good to hear the insurance did come through for the dingy. It seems you are always out a little when dealing with insurance though.
@howtosailoceans1423
5 жыл бұрын
Yes, indeed.
@HankHill757
4 жыл бұрын
Just like a land house, your “housing cost “ was 36%. Do you catch fish to save some money for your grocery bill?
@MiQBohlin
5 жыл бұрын
Great man. Nice new tune. 👍🏽
@howtosailoceans1423
5 жыл бұрын
Thanks MiQ! That new tune has been driving me nuts all summer, so I finally just finished it out of frustration. I don't plan on doing any more arrangements of classical guitar pieces anytime soon ...
@walterweckers771
4 жыл бұрын
I have a couple of questions after this informative and detailed segment. First, it seems you carry no liability insurance. Second, you did not stop in any location (e.g. Bahamas) where you are required to purchase a license to hang around for a while. Finally, no health insurance. It occurs to me that many would-be cruisers may have to consider these expenses in addition to those you have detailed. And, finally, in spite of living frugally, I do suspect the IRA does get something from you every year...... but perhaps that was not part of your "brief" when adding up your "running costs". Regardless, your account is straightforward and tells the true story - the boat itself takes the lion share! Keep sailing!
@davidmercer3636
5 жыл бұрын
Another interesting video Kevin, thanks. So who’d a thought I’ve been supporting a banker 😳.. but one who can live humbly off $16k a year doing what he loves and teaching us his craft. You’ll do me. Upping my subscription.
@howtosailoceans1423
5 жыл бұрын
Thanks David. That's _former_ banker (quantitative analyst, to be exact), no way of getting back there if I wanted to. I've burned the boats, like Cortez ...
@matthewwasmer3508
5 жыл бұрын
Thank you for covering this topic. I loved the beginning and then the deep analysis. I am in my second month of a cruise on my sailboat from the Great Lakes to Florida. Your video helped me to rethink how I categorize my budget for this as I am finding that some of my budgetary assumptions needed some tweaking.
@pavelavietor1
5 жыл бұрын
hello nice video thanks you have tremendous discipline. saludos
@AlexB-tt5di
5 жыл бұрын
Very good Info !
@sailingeden9866
4 жыл бұрын
Great video. You should write ebooks. The drama of having a mermaid girlfriend. Sea monsters. Underwater aliens. Pirates. Demons that visit while all alone out at sea.
@cwmaxfield2000
2 жыл бұрын
I'd like to see a video on specifically outboard motors. I see you have a Tohatsu. Are they really that good. I'm leaning towards a Merc or Honda. But really not sure which direction to go. The cost skyrockets. And service is everything. Are the Tohatsu dealers readily available and dependable world wide ? Also Props. From researching a three blade prop, though not for speed offer a lot more power and less cavitation
@howtosailoceans1423
2 жыл бұрын
I like the Tohatsu. They're a bit more clunky but easier to repair. The small Hondas (2 hp) do not have a good reputation. I think the small Mercs are now made by Tohatsu.
@andersjakobsen9906
5 жыл бұрын
I use that on food alone in Norway. Thanks and fair winds ,,,,/),,,,,
@howtosailoceans1423
5 жыл бұрын
Wow, I don't hear about starving Norwegians though.
@andersjakobsen9906
5 жыл бұрын
@@howtosailoceans1423 No, we get fatter every day LOL I dont know how to put it, but the average salery is $50k but I feel the majority earn more. If you are on social security,- They pay every thing, like apartment, electrik, ex and they get $1000 per month, for food on top of the rest. You are not allowed to have less in Norway.
@philsmith7398
5 жыл бұрын
@@andersjakobsen9906. Wow, that's generous. What are the tax rates over there?
@andersjakobsen9906
5 жыл бұрын
@@philsmith7398 it depends a bit what you earn. I think 24% is normal. But it varies from 0% til 47% Less income pays less tax is the plan. But of course you have holes in the system here as well. But that only benefits thous few wich earn millions. But since you say generous, you think of the social security? They dont pay tax of course.
@tomriley5790
3 жыл бұрын
Bottom line - invest rather than saving and learn to live frugally. Wish I'd learned this earlier!
@mrjohnnywheels
5 жыл бұрын
Another solid video proving that a man need not be a slave to others - Bravo! You didnt mention health insurance or dental etc... you plan on just stepping off the stern when you're too old and sick for this? Any idea what age you'd consider packing it in? Love your vids man.
@howtosailoceans1423
5 жыл бұрын
No, I do not carry insurance. I pay cash for teeth cleanings and the occasional doctors visit. Well at some point we all step off the stern when our time is up.
@markthomasson5077
3 жыл бұрын
Or….take a long walk off a short plank
@joeharter7498
5 жыл бұрын
Ha! Great beginning to the video.
@richardhalstead8317
5 жыл бұрын
Another great video!! So helpful as I am nearing retirement and hoping to shove off in a few years. I did not see a monthly cost for health insurance. Rolling the dice on that one?
@howtosailoceans1423
5 жыл бұрын
Yes, insurance is a tough question. As I get older, I may look for some health insurance that covers "catastrophic" events, but right now I pay cash for medical and dental.
@rickhalstead8990
5 жыл бұрын
@@howtosailoceans1423 Thanks. It is indeed a big expense. Wishing you good health!!
@jmac9494
4 жыл бұрын
It costs to live on land about the same, add in car expenses and to be legal means insurance there, 5k to feed a person for a year at a normal healthy meal levels, upkeep on a house? Yeah we can live under a bridge and get fresh chicken out of the dumpster at Popeyes, shower with a bucket in a creek that's 50 degrees. I think some sailors know that boat costs in S America are a real solid value and repairs done in Mexico can be less than 50% than in the states. When I was in mexico the food costs were 30% lower for same food. So if people want to cut into their lifestyle you can rent a Nipa hut for 28 a month........a dollar a day. Meals are 3. North Mindanao is 500 a month possible and many expats doing that, Bohol is like 700, Cebu is 1k. Panama costs are twice of Mexico, but Mexico is a song. Just there's no way to make money. Get an Internet job. These costs you show are about 6k over what we pay to survive on land. You are living the dream.......Sail on sailor. Thanks for the great videos, hard to find reality these days.
@lumberpilot
3 жыл бұрын
So beer and ice goes under the hardware/marine supplies category.? I'm confused.
@nickjones6127
5 жыл бұрын
Hi Kevin I'm greatly enjoying your video series, one question asked in ignorance, why so much movement allowed on the tiller when self steering wouldn't be better to have closer to midships? Thanks again Nick Jones U.K.
@howtosailoceans1423
5 жыл бұрын
If I crank down on the shock cords too much the windvane may not be able the get the boat back on course should the wind pick up, or a wave knock her off course.
@kwbarnes1
5 жыл бұрын
Under "Dockage", you show a credit of $166.10 for March/April. Your commentary doesn't mention anything about a "credit". Where did the "credit" come from, or was that a mistake? If the credit was a mistake, the dockage totals would be $1,316.59 annually, or $109.72 per month, significantly more than the $984.39 (annually), or $82.03 (monthly) shown. Just curious, as I have inadvertently changed a debit to a "credit" in a spreadsheet a couple times myself. Luckily (for me) I discovered it before submitting the documents to the CPA.
@howtosailoceans1423
5 жыл бұрын
No, that was not a mistake, should have mentioned it. In Key West I had to pay one month's rent ($340) as a security deposit. It was returned when I left, hence the negative number for March/April.
@foundatsea3483
3 жыл бұрын
Great episode. Thanks for sharing. Health Insurance costs?
@howtosailoceans1423
3 жыл бұрын
I don't carry any health insurance.
@LandersWorkshop
3 жыл бұрын
@@howtosailoceans1423 True self-reliance right there!
Пікірлер: 253