*European type all-year RV’s (like Exploryx/Bocklet/Unicats/Action Mobil//etc, as well as the winter versions of Hymers/Concorde/etc.), will have some or all of three items: a heated fuel pre-filter, a heated airbox, and a diesel engine heater (works down to -40 Celsius). This unclogs/loosens/melts any wax in the diesel lines on the way to the engine.
What about interest though? At a 4% interest rate, the total cost of that $343,000 home would be over $471,000 over 30 years, before you factor in all of the other monthly bills!. It’s hard to compare these things exactly though, as a house can last for many generations, whereas most RVs will have a hard time lasting for an entire person’s lifetime (especially if you buy used when you’re still young). Airstreams and very well built Class As are the exception.
People enjoy the full-time RV lifestyle on all kinds of budgets, and the money full-timers have to work with comes in all kinds of forms. Some retirees have big pensions but not a lot of savings. Others have a nest egg of savings but no pension. Many younger full-time RVers work while they travel, either to cover all of their living expenses or to supplement other income streams.
No matter which way you decide to go, make sure you cover and insulate any exposed piping coming from the water supply and the spigot! If your water connection to the RV is on the exterior of the wall (not inside a bay/basement) you will also need to cover and insulate that connection very well. If you do have a wet bay you should consider placing a space heater in the bay just in case temps get low enough to freeze and burst the connection.
While some people live with these doubts and continue to chase the same goals pursued by their parents and grandparents as best they can, others are taking a different road—specifically, the highways and state routes crisscrossing the country, on which they travel in their recreational vehicles that they also call home. "A lot of times people view it as running from problems," said Colorado Springs native Dan McKenzie, who along with his wife, Lindsay, (and their two dogs Kyla and Pepper) have embraced full-time RV living. "But it’s actually a strategy for living differently." It's a life free from worries about mortgage payments or keeping up with the rent, and where the glare of the office's fluorescent lighting is replaced by sunshine and open skies.
Capital depreciation is an important consideration because the years go by and you eventually pay for the value in your RV that has been lost over time. That shouldn’t keep you from getting a brand new rig if you can afford it, but it does have to be part of the overall financial assessment of the costs of going full-time. You can see the rigs we chose here. I’ve written an outline of things to take into account when choosing an RV for full-timing here. I recommend starting with a cheap and small RV to practice and learn on here. I’ve got some notes about the thing I think is most important in a full-time RV — the carrying capacity — here.
When you give up your home owner’s policy, you give up a lot of nice blanket coverages that come with it, like liability coverage and the loss of personal belongings. Quite a few companies offer “Full-time RV insurance” that includes liability coverage similar to what would typically come with a home insurance policy. Coverage for personal belongings is a whole different story, however. See below.
Unlike Maintenance & Repair costs which must be done (although some can be put off until you have the funds to do them), upgrades to the rig are entirely optional. The figure here is the average of all our improvement and upgrade costs on our truck and trailer since we bought them rather than just the upgrade costs we incurred during our six months of summer travel in 2014.
I used to be with them and could find dozens of great places that would allow you to work for 2 days a week and get to stay for 7 days at no cost. You can also work extra days and earn $8 to $10 per hour. Lots of places will hire you for the season, 3 to 5 months and pay you full time for a 40 hour week of easy work, you get to stay in the park free of charge, and if you fulfill your commitment you get your gas paid to and from the park. Now you have the rest of the year to relax.
After being in our RV camper for 1.5 years I can safely say that Command Hooks are the bomb(dot)com. We have some that range from 0.5lb rating up to 5lb rating. They’re super useful for things like hanging coffee cups in the kitchen, hanging towels in the bathroom, and hanging coats in the bedroom. Or you can start hanging Christmas lights around the living/kitchen/dining area for a little ambiance.
After checking out other blogs that said towing is cumbersome, we were thinking of foregoing a tow vehicle and renting a car when we need to get around. My concern is this might be problematic if we’re boondocking or camping somewhere remote. We considered trading our current SUV in for a mid-size four-down tow-able SUV (like a Honda CRV) then we’d only have to own one vehicle. But if this size is too cumbersome to tow we could get a compact car for towing and store our SUV on some property we own. (We need access to an SUV when we’re visiting back in the mountains of our home state of CO.)
2) They are both skilled at something or can take advantage of Workamping opportunities, and a good handyman or woman can easily find free places to park their RV if they will work for the park. Some places even pay a small stipend along with providing a free camping spot. I’ve worked both as a handyman and as office staff in order to save hundreds per month in spot rental fees. And I got to enjoy some beautiful areas. Lake Tahoe is one such spot where I worked for the Forest Service 4 days a week for a free RV spot.
6) They’re willing to live frugally. This can NOT be stressed enough. At the ages of 25-35, full timing can either be a joy or a chore. They’ll be surrounded by old people, in perhaps less than stellar conditions, in a cramped hovel that’s difficult to either keep cool in summer or warm in winter. But… they can move with the weather. And frugal living helps them afford to do that.
Of course, the best RV for your family individually depends on your travel style and individual situation. For example, a family of 4 might not require a large, Class A motorhome with slide-outs… but a family of 6 would almost definitely benefit from having the extra space. Also consider whether you and yours are more outdoorsy or simply into traveling for the scenery. If you’re going to be spending a lot of time inside, invest in extra space!
Odd, why on earth would anyone snub their nose at you for showing all of your expenses? I personally believe that you have done a wonderful thing with all the work you put into this blog of yours and people can simply add or remove what doesn’t apply to them! You both found a way to still bring in some added income by running a small business on the road and believe this is valuable for many who may want to free themselves from the reigns of a 9 to 5 career who may have some retirement to be self supporting, yet want that little extra to enjoy a lifestyle full timing it on the road that’s a little more comfortable and not too limiting.
The Meinhofers have met a lot of families with kids on the road, but they haven’t encountered many other Latinos. They think there’s a perception in some communities of color that doing this means you are destitute. They are trying to inspire others to join them with their YouTube channel, Exploring the Local Life, which has become so popular it is making them money.