Your plan looks totally do-able. Your 30K merchandise start-up budget should be ample to cover everything you need, and in fact you should even be able to put some of that aside for the future unexpected expenses & upgrades (something I would recommend). Your monthly budget is certainly on the frugal side, but totally possible if you focus on keeping your camping & gas costs in check.
Once Heath refined the idea, found us a sponsor, and convinced me to film the adventure for our first ever documentary (but mostly because of the sponsored honeymoon part), I decided his idea wasn’t half bad. I would like to note, however, I had absolutely ZERO experience in film at the time. I YouTubed and googled the whole process to act like I knew what I was doing.
Even for the rare folks who RV full-time with unlimited cash, getting by on less money becomes ingrained in the RV lifestyle. Tracking spending and working from a budget becomes second nature on the road. Before you head out get in the habit of logging daily spending on everything to learn where money goes. And check in with experienced RVers for advice – and get ready to write down ideas fast because every RVer has favorite tips to stretch dollars on the road.
After a year of full time RVing in a Class A motorhome, we sat down to look at our RV living costs. Some costs are calculated on an annual basis and other costs are calculated on a monthly average. RV living costs will vary depending on the number of people, pets, life style, spending habit, and other factors. We hope you find this information helpful as you plan for full time RVing.
i had the same idea, and i am willing to invest and become partner in such an adventure, but would be nicer to have 15 to 20 spots, we could go over costs , find a place not farther than 35 to 40 min from a city center with ammenities, resturaunts, shopping & movie theatre, i live in s. florida and theres alot of land for sale out west, and not too far from everything, i had an idea to do a shipping container homesite, doing the same thing, same idea,,, its hard to find like minded people wanting to co-exist but the living expenses would be so low, commpared to a house and great for retirees that do not have alot of savings,, we could be a community helping each other out, i am all for that idea. would have to get plans and find out from the building departments what we can do or cant do..
Neil, some of us who hope to full time RV aren’t rich. My motorhome (really high school boys basketball buddy but does have a MH) friend likes to camp at a spot that is $47 per night with full hook ups. He has no solar, but likes to provide AC during the summer for his dog. Meanwhile I could camp nearby that same campground at a dry camping spot for $14/night with potable water access, dump station, and even includes two showers per day so the gray tank wouldn’t be filling up so fast. Yes, I plan on having solar power. That is a difference of $1,000/month right there if both of us were full timers already. How much is the MiFi as we currently pay less than $160 for DirecTV and the cell phone plan? Our food budget is considerably less than yours as well, but we do currently stock up on food when it is on sell (20+ – 33% off) to fill up the deep freezer (one thing that I will miss if we full time RV) and pantry. So as Nina says there is a lot of flexibility in how people want to spend their money. There is no such thing as one correct way to RV. There are very many different styles so everyone can choose which one fits their own personal style. Personally I intend to live off less than half the income for the first two years and then splurge in year three in Alaska provided that we full time RV. I don’t want to touch the wife’s 403B plan until legally required to do so. This way I have compound interest working for me rather against me. We are using Cash Is King method for finances and have zero credit cards currently (we use the debit card). One other point at our bank we have zero fees on the checking and saving accounts. I use gasbuddy.com for gas prices and have a spreadsheet to help me determine whether or not it pays to go to the far gas stations for the cheaper prices.
A million Americans live full-time in RVs, according to the RV Industry Association. Some have to do it because they can’t afford other options, but many do it by choice. Last year was a record for RV sales, according to the data firm Statistical Surveys. More than 10.5 million households own at least one RV, a jump from 2005 when 7.5 million households had RVs, according to RVIA.
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