I think a lot of expenses could be eliminated for sure. Dr electric you could easily convert to solar power. Solar panels can be quite inexpensive. The batteries for charging can be costly to purchase but in the long run will save thousands of dollars with solar. You can still hang dry your clothes on hangers in your rv. As far as washing, if you are at a park that provides water/sewage you could easily put in a portable all in one HE washer dryer. May cost around $800-$1200 but again will save $$$ in the long run. Stop eating out. It substandard food anyway and isn’t good for you. If you are all in the rv together on a regular basis, eliminate a phone. There no need for 2phones. If you are writing several letters in a week,unless it’s an emergency, you could have much news to share. I for one would rather have a portable internet connection. That would probably be one of my biggest expenses. Just some suggestions that may cost a bit in the beginning but will end up being the best purchases to save you money over a long period of time.
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.
Great information! My husband and I just purchased our first motorhome, a Thor Challenger 37GT that has 3 slide outs. We will be full timers and will be living in the rv in the cold, cold (and hot in the summer) Midwest for the next couple of years until we retire and head out to see the country. My question is, how do we keep the slide areas warm in the winter? Would you skirt the bottom of the rv, then also skirt around the slides? Or is there a way to insulate around the slide when it’s out? Looking forward to comments. Thanks!
Living in your vehicle can actually be quite comfortable. Instead of paying rent for an apartment every month, I decided to take out a small loan and pay the loan off over 3 years. This allowed me to actually buy my home, just like someone purchasing a normal house (except I have no property taxes & it’s a much more affordable “mortgage” to pay by myself). And unless you have a large bank account, a trust fund, or want to work your life away every day for 30+ years (Despite what some folks might think, I have none of those, lol) this seemed the best way for me to live happily.
That said, if you can manage to get a trailer/truck or Class C (though note that Class C’s, unless you can also afford a small car to tow behind you, make it more difficult to leave your “camp” and drive to the grocery store, etc.) and have some money left over…I could easily see living off of $1600 / month as one person. It’s just about putting your expenses down on paper, then really, and certainly depends on what kinds of places you want to stay / live.
One thing we learned from camping in cold temps (and sorry if this has been mentioned already) – is that the basement bays won’t be kept above freezing unless the furnace is running, and while using space heaters up above, our furnace wouldn’t always cycle on. So, interestingly our water was more apt to freeze at 25 degrees than it was at 15 degrees, because at 15 degrees the space heater couldn’t keep up, and the furnace ran more, keeping the basement warmer. If that makes any sense. Bottom line, if the furnace isn’t running, the basement gets cold. That was the case in our coach, and I know not all coaches are the same in this respect.
This RV couple is in between 35 – 45 years old and also lives in a travel trailer. They both quit their jobs and are currently living on saved up money, which requires them to boondock as often as possible to cut costs. They aim to to find free spots to park at least half of the month. When they arrive in a new destination they like to stay anywhere from 2-4 weeks. They enjoy both outdoor activities and exploring cities.
In South Dakota, one of the largest mail forwarding services is America’s Mailbox just outside of Rapid City in Box Elder near the Black Hills in the western part of the state. We have the Platinum plan with them and have been absolutely delighted with their service. We call them once a month and tell them where to send the mail. Mail forwarding providers in South Dakota include:
(In fact, we had a Big Horn 3670 2008. Went to our dealership for some warranty work and was informed that the 2010 BH's were "in". This was about 5 months ago. Well, hubby and I know to never go into a pet store, because we will walk out with a pet. Same way with a trailer. There were just enough changes in the 2 years, that we decided to purchase the newer trailer. We love it.
The Meinhofers and a dozen others who spoke with The Washington Post about this modern nomadic lifestyle said living in 200 to 400 square feet has improved their marriages and made them happier, even if they’re earning less. There’s no official term for this lifestyle, but most refer to themselves as “full-time RVers,” “digital nomads” or “workampers.”