It’s no secret that the RV lifestyle is growing in popularity. Between 2010 and 2014, as the economy began to recover from the 2008 crisis, the RV industry grew by a whopping 115%. From Millennials to Baby Boomers, people all over the US are saying YES to a life of adventure. But for those who haven’t taken the plunge yet, one question often remains: How much money will I need to become (and stay) a fulltime RVer?
Within the first few weeks of owning it I blew a tire and had to replace all 6 ($1000). The next month, the catalytic converter needed to be replaced ($750), the original kitchen faucet snapped off and had to be replaced (I did it myself for $65, but it took all day because of a broken gasket in the water line I had a hard time finding at the hardware store), the house battery had to be replaced – twice! ($290) and I’ve had to replace a fuse for my radio and odometer several times (and now it’s shorting out to the point of danger, so it has to be fixed…. soon!)
We had planned to stay in the RV for an entire year after being stationary but soon realized that wasn’t going to work. Not only were the boys embarrassed, our 41′ RV shrunk exponentially once we quit moving. Having Yellowstone or Lake Superior as the playground in your backyard is much different from the city campground where the RVs are crammed together like books on a bookshelf. So we found a house and a few months later said goodbye to the RV.
I just ran across this today. My husband and I are trying to gather info so we can set out on a full time RVing adventure. I have found this info very helpful since we have not fully committed yet by actually purchasing our RV. (He’s retired and I’m not quite yet!) My question is, what do you do about having a permanent residence for times when that is needed? (Like when it’s time to renew your driver’s license.) We plan on selling our home and this was one of the many questions that came up. Any info would be helpful in making a more informed decision. Thanks.
The highlight of our travels this year was visiting our 49th state, Alaska! During the long drive through Canada and Alaska, we listened to many audiobooks like Call of the Wild, White Fang, Hatchet, and Jason’s Gold as we drove through and visited many of the places in the stories. Thing 2 also developed a fascination with gold panning so he spent many hours reading about gold panning and then gave it a try himself near Girdwood and Chicken, Alaska. Roadschooling at its best!!!
These days everything is available online and if you’re putting most of your spend on credit or debit cards* it’s super easy to import it into programs (e.g Quicken or Mint) that will summarize and keep track of exactly where your money is going. Not only will this give you a solid idea of your starting point, but it will be key to pointing out places you can possibly save once you change your lifestyle and get on the road.
New RV insurance policies for late model RVs can cover the RV for its Replacement Value. That is, within the first 2 to 5 or so model years, depending on the insurer, if the RV is destroyed, you can shop for a new one of similar type and features. In the next model year after the insurer’s time limit for Replacement Value coverage has ended, your coverage will change to Actual Cash Value which is the current market value of the year, make and model of RV.
Vents are a crucial part of ventilating your RV but are also a major source of heat loss. By purchasing a vent cover, not only will it keep you warm, but will still promote ventilation preventing condensation and humidity buildup inside your camper. Vent covers add an extra layer of insulation and allow extra moisture to escape, preventing the growth of mold in your home.
With a little creativity you can find ways to make money while you travel. The possibilities here are endless, only limited by your abilities and imagination. With access to the Internet, many traditional jobs can be done remotely as you travel. Here are some possibilities but they are just to jump-start your thinking. There are many books and websites with a huge selection of ideas:
The days after doing each of these things, I really felt it in my muscles: shoulders, arms, abdomen, etc. But the soreness felt good. I can’t really explain what I mean by that. I think it has something to do with finally being back in shape after so many years of living in limbo. I’d let myself go physically (and mentally) while my future was delayed, waiting for a partner to fulfill promises he never meant to keep. Losing weight last year, getting back into outdoor activities, feeling good about myself again — that’s only part of my reward. The other part is the ability to do hard work again, to get a job done without waiting for someone to do it for me. (Not to mention the ability to make decisions without having to debate them with someone who seems to prefer arguing over getting things done.) The aches and pains were a reminder of how good independence really is and how great it feels to be physically fit and healthy. I love it!
Total Expenses for this time period: $18,377$1532 Fuel Cost – From the Jersey Shore, through PA, into Indiana for Service, to St. Louis for a wedding, Dallas, Cloudcroft New Mexico, and into Lake Havasu City. We logged a lot of miles across this great country in both the RV and the Smart car. Can’t really balk about this expense, it’s a lot lower than the both of us taking a few flights. If you’re curious about mileage check out the post Monaco Vesta Fuel Economy you’ll find way more info than you’ll ever need to know on our fuel economy, and how to calculate your RV Fuel MPG.$76 RV Park Camping – Camping for next to nothing: Possibly the biggest “Happy” Point for our 2012 travels across the Eastern part of North America! Thanks to our Thousand Trails membership, several nights of Wal-Mart & Truck Stop camping (if you’ve never stayed at Wal-Mart in an RV you must watch this Video Boondocking at Wal-Mart it’s actually our most popular video of all time!), and a few friendly people who opened up their driveways, we were able to stay for next to nothing the past 5 months. Also we’ve been doing a few trade-outs with campgrounds providing video and photography of their campgrounds for a small fee plus free camping. Goes to show you if you have something to offer a campground, reach out to them and see if they’re willing to do a trade (we know several people who camp for free because of a specific service they offer the campground).$982 Smart Service and Repair – This is the first major service we’ve had to complete on our little SMART car. Apparently we’ve been a little rough on this little guy, when we were in for our SMART’s yearly oil change, we were informed he sprung a small leak in the oil pan from a puncture wound. Considering we drive our little SMART off road, over mountains, and tow it behind our RV for thousands of extra miles, I’m not complaining one bit. On a happy note: We only busted 1 tire in the past 5 months (and ZERO rims) and my tire warranty paid for the replacement. Also in these expenses is a $300 spare rim and tire (our tire and rim warranty covered the replacement of a busted rim from the beginning of the year, I paid $200 to have the rim repaired, and $150 for a new tire to go on it. Now for the first time since owning the SMART we have a spare rim and tire! What a relief, now when we bust a rim or tire there will be a swap available in the RV….ahhhh the little things that make life a little more simple and stress-free).$220 RV Service and Repair – No issues over the past 5 months. We did take the RV to the “new” Monaco factory in Wakarusa Indiana for service however all our issues were covered under warranty. The TX registration sticker cost $220 for renewal to keep our plates up to date.$1034 Insurance – Carrying the same insurance coverage as the previous report minus the SAAB as I’ve now sold that….and no we still do not have health insurance. Although I did get a quote for catastrophe coverage and the cost was nearly $300 per month and we would pay the first $10,000, then the insurance would pay 80% of anything over $10k. Health insurance for individuals who own small businesses just plain stinks! Oh and if you’re like us and working from the road with expensive equipment you must purchase a ‘rider’ to make sure your gear is covered while traveling outside of the RV. Our policy sent me a check for nearly $3,700.00 when I dropped my camera into the creek. See the previous post for details.$2893 Gone With the Wynn’s Website – In case you haven’t noticed we have a completely new look! From tip to toe we’re sleeker and sexier (or at least we think so). Downside is these enhancements didn’t come for free. In order to dish out this contemporary new look we were hit with website theme fees ($100), Hosting Fees ($100), Email Distribution Fees ($120), Video Hosting Fees ($100), Facebook Fees ($120), and so on and so on! We also had to hire a website designer and a website developer to help us make the move, address all the unknown issues that came up during the transition, to help us customize the site to fit our niche needs, and for that we spent a lot more than we ever anticipated: $2353. Needless to say for a website that doesn’t directly make us any money we’re forking over a lot of dough to keep this thing going. OK, enough bitchin’ right? Let’s move on to something more fun….
Life as a suburbanite isn’t all bad. Like most of life, it’s a matter of perspective and attitude. I’m slowly incorporating things that I used to enjoy about being in one place like going to libraries and getting in my favorite cashier’s line at the grocery store. <== I’m obviously the life of the paaartay. Simple things that I didn’t realize I missed. I’m an introvert and homebody so it’s hard for me to get out and meet people but it’s happening. Slowly.
Luckily, Birgit & Greg, whose site we're using, were nice enough to let us tap into their super-size external propane tank (we'll be paying for the propane we use, of course). So propane shouldn't be a problem, but we'll still want to keep our usage to a minimum, since it's expensive, and propane use can cause excess moisture to build up in the rig.
One way to go fulltime and cut expenses is work camp. We have met many people that do this and save a lot of money. Food,insurance,any rv repairs,health insurance are really your only large expenses. Only con is if you still have a lot to see or do not want to work at all this will not be an option for you. And thank you for all the work you put into site very informative.
Sounds about right, not to mention personal expenses like student loans and taxes in our case, you are also paying for the experience of seeing amazing places – each visit to a state or national park is a donation towards preserving it for the future, each meal you eat in a kitschy restaurant is a memory to share that saving money can’t replace. Once you get away from the east coast, you might see things get a little cheaper as well. The smaller the town, the less chances to eat out and more BBQ memories you can have, also if you buy gallons of liquor for mixed drinks rather than wine or beer, you can save. We spend a lot on gas to get to the cool stuff in our truck because it’s a 350 diesel, but for us, it’s a full time lifestyle that we wouldn’t trade for anything and the extra costs are just part of the awesome things we get to do and see.
That’s one type of these “secrets” I’m talking about. You trade up space in a fixed location box and some amount of small outdoor space for the entirety of a nation. Your back yard doesn’t need mowed, it needs explored. Little bits of your mind explode until you truly begin to see the world in a light I find to be almost infinitely brighter than shone before.
The following is a summary of how the various quotes I received were explained to me. I list the specifics here not so much to suggest one company’s product over another but so you can see just how much you need to press for the exact details if you really want to understand the insurance you are buying. Obviously, the companies mentioned may change their policies, and it’s possible I misunderstood something.
Chip took Penni to a used RV lot just to “check it out” in 2015, but they ended up buying a 395-square foot camper they call “Daisy.” They say they love this lifestyle now and have no plans to return to a typical home. Penni is selling her condo in Montpelier because they don’t think they’ll need it anymore. They track how many states they have been to on a map on the side of their RV. The current tally is 25.