Thanks for posting your Rv travel expenses, that’s really a generous thing to do and it really helps those of us in the planning stage to get a better idea of how we can achieve this lifestyle change. I can’t understand why people are being rude about it. No one would ask them what they spend in their lifestyle would they? It’s a bit hopeless that people can’t be happy for others generous and brave enough to share their lives! I know I couldn’t do it, so thanks!
This obviously depends on whether they’ve already established a location-independent reliable source of income, or if they plan to seek such an opportunity after they have launched their journey. For the former situation, an emergency fund of $10,000 would give them a good cushion and peace of mind, though this is with the caveat that the couple is debt free, including owing their home-on-wheels and vehicles out right. If the couple is considering finding employment opportunities on the road, then in my opinion, their savings should include one year of expenses and an emergency fund.
We are opening a Facebook group called RV to Freedom: Learning to Live in an RV where anyone can come and ask questions to learn about living in an RV. We truly hope to help people get over their fears, cut through the clutter of opinions and information on the internet, and learn how to live on the road. We hope you'll join us and share your experiences, too. The full-time RV community is welcoming and open and we want to encourage everyone to join, participate, and form connections. It makes us better prepared and better people. We hope to see you there and on the road!
We have a two-week rotation of clothes for both warm and cold weather, and since we started traveling we have replaced almost all of these garments. Commercial washing machines are hard on clothes and they wear out. Our biggest clothing expense is shoes. We replace our hiking shoes and running shoes regularly, and we buy high quality, expensive shoes. As a side note, if you get a credit card from Cabellas, REI or another outdoors store, and put all your living expenses on it, and pay it off each month to avoid interest charges, you can use the points each year to get your hiking shoes or other camping gear for free.
There really is a lot of variation out there and the variation certainly does match income, as you would expect. Folks on a limited income typically travel more frugally (smaller rigs, more workamping/boondocking, less eating out etc.) and make it work for less, whereas folks on a more abundant income go ahead and spend more. I do think there’s a pretty distinct bottom number (It’s really hard to get below $1500/mo as a couple IMO), but I don’t think there’s necessarily any upper limit. There’s certainly no one answer and no one “right” way…
2017 Update – YES. The more time we spend on the road the less we find we need. We end up donating half our clothes to charity almost every year and our outdoor stuff has been cut down to a select set of “glamping” basics. Plus we FINALLY got rid of our big storage unit (whoo hooo!). Paying $$$ for storage all those years was one of our biggest regrets and something we (in retrospect) would not recommend if you can avoid it. It took 7 years for us to tackle ours, but we finally got it done! You can read about my take on storage HERE and how we got rid of ours HERE, HERE and HERE.
For years, Brent and I have talked about buying a vintage trailer or bus. In a post I wrote in March 2011, I mentioned my dream of rolling down a dusty highway in an Airstream, a shiny piece of Americana. We love bringing old things back to life. Although, we don’t have experience renovating a trailer, we did renovate two 1950s houses in California. A trailer can’t be that much harder to restore than a house, right? Years ago, when we bought our pop-up trailer, our tow vehicle was a Honda Odyssey so we were very limited by weight and budget. Today, we have a bigger budget and tow vehicle so maybe now is the time to pursue our dream of restoring and remodeling a vintage Airstream! We have a perfect space to park it while we work on it.
Many full-timers follow the weather as they travel, moving to more friendly climes – be they cooler or warmer – through the year. That serves as a fine rough outline but it can be frustrating to arrive in a new area and discover you missed a festival or traditional event by a day or two. Plan ahead and keep travel resources at the ready. But the golden rule of full-time RV travel planning is to stay flexible. Don’t be in a rush to head off down the road.
I have a detailed post on How to Prepare the Monaco Vesta for Winter if you’d like to read it over. Basically it’s the same as the Damon Avanti which I’ve addressed in the previous toggle except the RV Electric/Propane fridge in the Vesta has an Ice Maker. So in extreme temps I had to drain the ice line filter and turn off the water. In addition I used a small space heater in the vent area for extremely cold nights so the pipes wouldn’t burst.
So glad to hear that there is some young life out on the road. My family and I have been full-timing for about 8 months, but have been parked for a good portion of it. We have an almost 2 year old little girl that doesn’t seem to mind the smaller space. I was wondering if along the way you have noticed any “childproof” ideas that you would like to share. Our little peanut specifically likes to play with all the low switches (lights, water pump, fans) and the navigation/radio/jack system buttons. She is curious (and 2!) so we understand, but would really like for little hands to play with little kid things instead of important gadgets.
RV Parks in San Diego area are slim. we’re staying at a park that runs 1075/mo and with this heatwave we’re paying anywhere between 350-450/mo for electric, some are paying up to 700. We’re retired and on fixed income and have 5 years left on our loan. Our rig is a 2004 and are at a loss as to what to do with everything going up. Stay in it til it paid off ? Then no mortgage, just rent or sell and move to an apartment. We’re 72 & 78 years old and now regretting our lifestyle change that we took in 2004.
Hey there! We are Kelan & Brittany, high school sweethearts obsessed with personal finance and on a mission to help families learn how to budget their money, save like crazy, and find unique ways to make money from home. After Kelan quit his job to become a full-time personal finance blogger we have been featured on sites like USA Today, The Penny Hoarder, Bankrate, Credit Cards, Discover, Nerd Wallet, Rockstar Finance, Life Lock, Making Sense of Cents, Millennial Money Man, and many more.
My husband and I are planning to transition to full-time RV living in the next 2.5-4.5 years once our oldest kids graduate high school (youngest will come with us and homeschool). We are concerned our biggest expense will be self funded health insurance. In your financial reports you say you haven’t purchased health insurance. What about now that Obamacare penalizes you on your taxes? Have you still chosen not to purchase health insurance and take the penalty or have you found a more affordable option? We have some medical expenses so likely couldn’t go completely uninsured. Hubby is considering a remote work job with benefits for this reason but really we’d like to travel for 1 full year without huge work commitments then do something like seasonal park ranger half the year and travel the rest of the year. Any advice or insight in this area would be awesome! Thanks for sharing your financial information. It is very helpful!
When it comes to pleasure items, you will have to keep the list low. The more people who are trying to fit in the R.V., the less space you personally will have. Take the most special and most used toys. If you plan to take furniture, take smaller items and remember that they have to be secured or they will shift when driving. You can put extra items in storage units.
Wow..we have been following your post since we saw the special on TV. Was hoping to get some information on RV-ing, but did not know you would provide great detailed information. We hope to start traveling in about 5 years and the cost have been on our minds alot this year. Your expense details really help us. Hope to see you on the road sooner than 5 years. Thanks for the posts.
here is my question. When purchasing an rv, at what length of a loan should we be looking at? the longer the lone the higher the interest rate and the longer to pay down. which also brings up the question of, how long should i expect to keep a motor home before I start to have many repairs? How long do most rv’s keep their rv before they trade in for a new model? I dont want to be upside down when the time comes to trade.
Cover Windows, Doors and Stairwell – It blows me away how much cold air seeps in from the windows, the entry door and the stairwell, by adding insulation to these drafty culprits you can keep the inside of the RV much warmer. Purchase a heavy fabric and make curtains to keep the cold from coming in. You can do fun curtains or you can install snaps/Velcro around the windows and doors to add an extra layer of insulation. Some people use bubble wrap, the bubble insulation, or the R-Max Foam boards which are all practical but do not look very good. For the stairwell have a board cut and adhere insulation to the bottom of it, at night cover the stairwell to keep out the cold air.
You got it, those should be included in everyone’s budget, but there are a ton of variables. Some people go for a trailer or van they pick up for $1000 while others could go for a brand new motorhome at $300K. No matter what our expenses are, yours will be different. We decided to share our general monthly expenses to help others. If you think its gibberish (poo on you), fine but there are plenty of others who appreciate the information.
Nothing could be further from the truth! We too were concerned how our dog Ella and cat Mr. P would handle life on the road. But we quickly learned, they might actually enjoy it more than us! Longer driving days certainly took a little getting used to, but in short time Mr. P loved his spot on the dashboard basking in the sun while Ella reveled in our 20-minute play sessions during travel day stops.
This depends if you plan to be in constant motion, or you’re looking to live a more stationery RV life. We didn’t have too much saved, but we did plan on picking up odd jobs wherever we went. This allowed for money to be made and experiences to be had. I would say always keep a credit card handy for emergencies, you never know what the road will throw at you.
Fulltime RVers by the nature of our lifestyle are conservationists. We live inside little metal boxes on wheels so we have to be conscious of what goes in and what goes out of our little metal box. Water, in the winter, most likely comes from your fresh water holding tank as discussed in Part Three's post. And then it goes into your waste water tank(s) and has to be dumped, as discussed in Part Two. Because you will be required to both fill and empty, you will want to use the least amount of water that you can.
I really enjoy reading your website and watching your YouTube videos, I find your vidoes and website extremely helpful. My only child is now 19 and on the road to self-sufficiency via college. As a soon-to-be empty nester, I plan to keep a small townhouse for my young adult child to live in but I am going to travel part-time in a RV. I have the ability to work mobile in my employment and I am only 42 years young.
That's a tough question to answer because much depends on the choices you make which will depend on how and where you want to live. I have numerous articles about full timing that you can access by clicking on my pen name at the top of the article and then clicking on "profile" in the popup menu at the lower left side of your screen. You'll find many of the answers you seek in some of the articles that are listed there, and I suggest you take the time to read them. If you have never lived or traveled in an RV before, changing from home ownership to RVing can be quite complicated. Also, you're not going to want to "move" every week because doing so will exhaust you. The bottom line is that this probably would work for you if you take the time to do some homework and figure out what you can really afford.
Again, we're not stuck to a vacation timeline. We are not on vacation, this is our life. So instead of pulling in for a week and cramming our days full of sightseeing, we balance our days with work and play. We choose what we would like to see, but don't feel compelled to "get our money's worth." We may stay a few days or a few weeks depending on what we want to explore in the area. During this time, we're carrying on a normal life similar to a resident by shopping at local stores, eating at local restaurants, and participating in daily life. I cannot say we are true citizens by any stretch, but it does give us a better sense of place than a vacation usually does.