Can you do it on £1k a month?

Scomber

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thats the trouble with mankind
his inability to distinguish his needs from his greeds
Absolutely.

How many of us, when asked what we want for Christmas, say there's nothing we really want/need. We ought to carry that through the whole year. We accumulate junk that we don't really need and mostly don't use.
 

BigJoe

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Great bit of writing................. Inspiting..................

we did it over 6 years ago when i reached age 62 -- had a 6 figure income in the usa and after a couple of divorces was beginning to salt more money away -- but for what?? later in life but what kind of life - i have a brother who is 4 years older than i am and a very good criminal defense lawyer and has not had a day off or taken a vacation for several years and refuses to slow down - his reason is "if i slow down i will die" - now he takes 13 different pills a day to keep his body running and still goes to work and for what --

i took a look at all the stuff i had and realized it is just stuff that some day my kids will throw away, give away or sell - so i did it for them and got rid of almost everything - have 4 boxes of stuff i wanted to keep at his house, (pictures, kids drawing and stuff from them when they were young, trophys i won in livestock competition, ect) we do not have a house - car or any dirt -- just a boat

since we have been out we have sailed the east coast of the usa a couple of times, all the way around the caribbean, across the atlantic and now in the med -- i do not take any medicine, have few worries, and the only stress is when i misread the weather and get the **** kicked out of us

as for money -- we live on our social security strictly and do not touch our savings -- savings hopefully for our grandchildrens education but it could be when we get off the boat someday

we have both watched people accumulate stuff right up to the time their Maker calls and never felt they had enough -- someplace you have to decide for yourself what is important
we valued our health and desire to see a different way of life and never in a thousand years thought it would end up this great and never dreamed of going beyond the bahamas and mexico -- guess we kinda of exceeded that --

your call on what is important -- we made our choice you make yours and good luck with it
 

AntarcticPilot

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[h=3]Luke 12:13-21
The Parable of the Rich Fool[/h]Someone in the crowd said to him, “Teacher, tell my brother to divide the inheritance with me.”

Jesus replied, “Man, who appointed me a judge or an arbiter between you?” Then he said to them, “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.”

And he told them this parable: “The ground of a certain rich man yielded an abundant harvest. He thought to himself, ‘What shall I do? I have no place to store my crops.’"
Then he said, ‘This is what I’ll do. I will tear down my barns and build bigger ones, and there I will store my surplus grain. And I’ll say to myself, “You have plenty of grain laid up for many years. Take life easy; eat, drink and be merry.”’

“But God said to him, ‘You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself?’
This is how it will be with whoever stores up things for themselves but is not rich toward God.”
 

sailaboutvic

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Our biggest expenses is in the winter months , socialising , we try had to keep it down to just one night a week to go out and invite friends over for meals and drinks other times ,
but going to a bar can soon wipe out the half a week shopping allowances ,
But on the other hand there no point just sitting on the boat every night and reading or watching films , part of cruising in our view is to meet other people and make friends and share experiences .
 

DoubleEnder

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Our biggest expenses is in the winter months , socialising , we try had to keep it down to just one night a week to go out and invite friends over for meals and drinks other times ,
but going to a bar can soon wipe out the half a week shopping allowances ,
But on the other hand there no point just sitting on the boat every night and reading or watching films , part of cruising in our view is to meet other people and make friends and share experiences .

I must admit I wonder how people who mostly stay at anchor, rather than being in harbours, manage this? I kind of think it might get a bit ....boring? Just quietly there, safely anchored but a bit lonely? Or do you anchoring fans pile in the dinghy, head to the local bar/cafe and do a bit of onshore hanging out? Just curious.
 

NornaBiron

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I must admit I wonder how people who mostly stay at anchor, rather than being in harbours, manage this? I kind of think it might get a bit ....boring? Just quietly there, safely anchored but a bit lonely? Or do you anchoring fans pile in the dinghy, head to the local bar/cafe and do a bit of onshore hanging out? Just curious.
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Every time we visited the marina in Agios Nikolaos, Crete, over the last four winters we were asked if we were lonely or bored at anchor in the lagoon at Spinalonga/Elounda all by ourselves. When we organised a birthday party in a local bar and invited some of the marina crowd they were amazed that we knew so many people. Of course we go ashore for company and socialising. There is life outside of marinas in the winter! ;-)
 

charles_reed

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Every time we visited the marina in Agios Nikolaos, Crete, over the last four winters we were asked if we were lonely or bored at anchor in the lagoon at Spinalonga/Elounda all by ourselves. When we organised a birthday party in a local bar and invited some of the marina crowd they were amazed that we knew so many people. Of course we go ashore for company and socialising. There is life outside of marinas in the winter! ;-)

Though I don't spend the winter on the boat, I've got to agree with this point of view and commiserate with those who choose to shut themselves up in the ghetto of their marina and exclusive expat circle.
I sail single-handed, have never had a problem with meeting up with locals, have been included in two weddings, a funeral and 8 birthday (or name-day) parties, during the 4 years I've been in Greece.
Of the boating nationalities with whom I've met in Greece, the French are the most gregarious and hospitable and, mainly due to their numbers, the Germans the second.
I'm afraid we Brits appear to only value Mediterranean waters for the sunshine, not the history and the people. IMHO, Med sailing is not a patch on Atlantic waters and few, with adequate experience and objective judgement could claim any different.
 

AndrewB

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Though I don't spend the winter on the boat, I've got to agree with this point of view and commiserate with those who choose to shut themselves up in the ghetto of their marina and exclusive expat circle.
I sail single-handed, have never had a problem with meeting up with locals, have been included in two weddings, a funeral and 8 birthday (or name-day) parties, during the 4 years I've been in Greece.
I'm going to stick my neck out here, and say that my experience has been that the best way of meeting local people in countries where the first language isn't English, has actually been through spending money. From maintenance guys through the dentist to the laundry lady, our initial contact with locals in any meaningful manner has very often been commercial. Once that is through, then, when the chemistry has been right we have become friendly in the conventional sense, one contact has led to another, and yes, we've even ended up going to birthday celebrations, a tribal feast(!), and doing other things together.

Mostly I've sailed with SWMBO. My experience as a single-hander was rather different - I do think single-handers find it easier to break in. But that takes money too, spent in bars and cafes.

So money does oil the wheels, even of friendship. Better than sitting all evening lonely on the yacht in some out-of-the way anchorage.
 
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Colvic Watson

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Really enjoying reading this thread.

The comments about solitude or otherwise at anchor, - I crave a couple of years of solitude with SWMBO! So many children, demands, plans etc etc. Good to see £1,200 is doable, need to up our savings rate by 20% but that's achievable by September and we can put away two year's worth of cruising fund over the next two years. Must finish the MSc to ensure I'm fully employable on return but plans are afoot.

The next issue will be what boat, clearly a Colvic Watson 34 just isn't designed for it. People have done it but the sailing cruising speed sub F5 is just not high enough and diesel would chew its way through our budget like a ferret through a paper bag.
 

NornaBiron

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Though I don't spend the winter on the boat, I've got to agree with this point of view and commiserate with those who choose to shut themselves up in the ghetto of their marina and exclusive expat circle.

And people think we're the odd ones!

'Ghetto' is a bit strong, we think of marinas more as trailer parks!
 

Mudisox

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An analysis of the threads so far show that folk go "liveaboard" for various reasons. No one criteria will be applicable to all. We all have our desires and restrictions. Even in Uk there is a massive difference in the annual budgets of people. It is possible to live on less than £12k here, .......................if........................
 

Cheery

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Every time we visited the marina in Agios Nikolaos, Crete, over the last four winters we were asked if we were lonely or bored at anchor in the lagoon at Spinalonga/Elounda all by ourselves. When we organised a birthday party in a local bar and invited some of the marina crowd they were amazed that we knew so many people. Of course we go ashore for company and socialising. There is life outside of marinas in the winter! ;-)

It is my intention to buy a small boat when I retire in a few years and sail the Med. One of the memories which sticks with me and gives me inspiration is a holiday in Elounda a few years ago at the end of the season. I opened the shutters and across the bay was a yacht which stayed for a few days. This is how I imagine spending days on end. Yes, it may get a bit difficult in some places to find the seclusion of that bay and we may have to go into marinas more than we plan for but the dream is very much deserted bays. As to budget, it all depends on how much I spend on a boat. I have a few pensions but the recent changes mean I can't take out the lump meant for boat purchase without paying tax on it. However, I will have a reasonable amount of capital from a house and business sale so I shall use my pensions for the annual running costs and keep under the tax threshold that way. SWMBO also has a reasonable bank pension for an emergency.

I found this thread while doing a search for Caribbean info. We are going to the BVI at the weekend as our son works there and has arranged a few days sailing for us, one Cat and one monohull as he knows how much it means to me getting on the water. He is also arranging some time under the water as well so a good time will be had as the forecast is very good.

http://www.windfinder.com/forecast/beef_isl_tortola
 

Tony Cross

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It is my intention to buy a small boat when I retire in a few years and sail the Med. One of the memories which sticks with me and gives me inspiration is a holiday in Elounda a few years ago at the end of the season. I opened the shutters and across the bay was a yacht which stayed for a few days. This is how I imagine spending days on end. Yes, it may get a bit difficult in some places to find the seclusion of that bay and we may have to go into marinas more than we plan for but the dream is very much deserted bays. As to budget, it all depends on how much I spend on a boat. I have a few pensions but the recent changes mean I can't take out the lump meant for boat purchase without paying tax on it. However, I will have a reasonable amount of capital from a house and business sale so I shall use my pensions for the annual running costs and keep under the tax threshold that way. SWMBO also has a reasonable bank pension for an emergency.

I found this thread while doing a search for Caribbean info. We are going to the BVI at the weekend as our son works there and has arranged a few days sailing for us, one Cat and one monohull as he knows how much it means to me getting on the water. He is also arranging some time under the water as well so a good time will be had as the forecast is very good.

http://www.windfinder.com/forecast/beef_isl_tortola

I know that bay well, in fact it could even have been us you were looking at! It's not as deserted as you might imagine, it's a popular anchorage for those of us who keep our boats in Agios Nikolaos marina. That said, on Crete you'll find lots of bays where you are the only boat there. In fact you can go for several days here and not see another boat, especially on the south coast. If you decide you'd like to visit Crete when you get your boat let me know, I know the island well.

:)
 

ChattingLil

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coincidentally, last night I attended the talk at the CA by a couple who took six months out to cruise the med (2012). At the start of the talk they stated that their budget was £2k per month and that we would have to wait til the end to find out if they managed it. Unfortunately, I had to leave before the end, but I will try to find out. They did say that they had a 'catestrophic' engine failure which required euro10k replacement - which was not included in the budget!

They also spent £30k before the trip kitting out the boat with various goodies, including big ticket items like hydrovane and water maker. They said the water maker was mainly installed for future ocean cruises, but that it was invaluable in the med due to the marina charges (re only going into the marinas for water access).

It was a really good talk and I'm disappointed I had to leave early!
 

charles_reed

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Last year, including flights and 3 maintenance issues totalling €1883, my monthly expenditure, including flights home and storage ashore for the year, lift out and in and antifouling by others; my average monthly expenditure was £1235,
I actually spent 6 nights anchored in Spinalonga. ( and had one of my only two drags of the last 3 years).
 

emmalina

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There are always breakdowns the difference is are you "hands on" or paying somebody ? A rebuild on my old perkins 6354 costs me 600 quid but it did take a while. We live in SE Asia and believe me we have a lot of change out of 1k a month
 

sailaboutvic

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Can it be done on £1 K month , yes , off course it can , I suspect when we give answers to these type of question we tend to respond with our own experience and what money we have in our pot as well as what we want from being a Liveaboard .
if you anchor all the time , only move when you can sail , don't socialises , eat out , not winter out in a marina , don't hire car or tour and explore places or fly back home , there no reason why you can't , but then what the point of being a live aboard ? It a bit like living in a house without ever going out or meeting friends , the only real different is you living in a smaller area and on the water .
We know and met lots of people who live there lives just like I just described
just take Nidri or vlikho bay as an example same people every year who no soon they arrived back in Greece ( that if they left in they first place ) they motor from they marina almost drop there anchor in almost the same place it was the year before and only move to fill with water on to one of the charter pontoon , now if that's what you want out of life , that's fine , but it not what most of us think of when we plain to became Liveaboards , that's why the answer varies so much , for us it about sailing to different country's , meeting new people , making new friends , explore new sites and seeing how other people live and at the end of the year when the weather become too much , spending a few months in a marina to go off and visit family , meet up with old friends and getting our yacht ready for another season . all this cost money so in our case there no way we could do it on 1 K a month .
But as I said if you plain to live on a river bank in the canals or some bay for months on end , 1K should see you through .
 
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