My husband and 3 kids are about to embark on a camper journey of our own rather unexpectedly. The home we’ve rented for 2 years is being sold due to landlord’s health. Our poor decisions of our younger years has left our credit as less than desirable but getting better. Housing costs being what they are, we are left with little choice but to try camping as a lifestyle. We are all equally terrified and thrilled at the prospect and have learned a great deal since deciding to do it. I’m going to learn more about the Allstays app. It will come in very handy in my area. We don’t intend to travel so much as live and save every penny we can, so that someday we can buy a home. If nothing else, this will be a grand adventure…
I’ve had several eager 20-something future full-timers email me saying they wanted to live in an RV after college because they didn’t want to throw away money on rent and they didn’t think buying a house would be a good investment. Unfortunately, an RV involves “throwing away” lots of money too. In the end, the cost of owning an RV — from purchase to sale and through the thick and thin of all the maintenance and repairs in between, not to mention the cost of campgrounds and RV parks — probably adds up to the same amount as renting an apartment or paying a mortgage/taxes plus utilities.
Hope you don’t mind us asking but whilst we have amalgamated what we feel is a good nest egg, our concerns are what to do with it to generate enough income and hopefully enable it to grow somewhat more being in our early and late fifties. We’d hate to run out of monies and the ability to continue our travels due to jumping the gun without an adequate plan in this regards.
2017 Update – TOTALLY. In 8 years on the road our expenses have actually been flat to slightly down every year despite increasing health care costs. We keep camping expenses low by volunteering in summer and boondocking (= free camping) in winter, and we manage gas costs by how we travel. The point is there is lots of flexibility on the financial side, and my viewpoint on this hasn’t changed. Earlier this year I finally updated our cost posts, so you can now read a detailed account of our RV costs (including tips for budgeting & saving) for the past 7 years HERE and HERE.
However, this is extremely personal. We are of the mentality of having a solid savings account before heading off. Stuff is going to come up: you’ll need new tires, or a new transmission, or you’ll decide you want a huge battery bank with solar and a monster inverter. You’ll want some money socked away to handle these issues as they arrive. A lot of young RVers are living paycheck to paycheck, and they have a tough time making their savings account grow. While that can be fun and exciting (and it certainly works for some people), we recommend having a solid amount of money in savings first. We didn’t feel comfortable leaving until we had $20k+ in our savings. What if you’re unemployed for a few months? What if something big goes out? We think it’s better to be prepared. There’s no one dollar amount that’s going to be ideal for everyone, but we think it’d be smart to have 6-12 months of living expenses in your savings account before heading off.
Seems like you have came to the same conclusions as we have for winter AK living! Only one disagreement: solar. Nice, love it, but we actually found our honda eu1000 generator to be more cost effective for the initial purchase and more reliable. I think that is why so many rvers go that route. I really want to try a wind turbine although! We both know how much wind we get.
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.
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.
One time we had a package shipped via UPS to a post office General Delivery address in a small town. We tracked the package, and noticed its status was “On the truck and out for delivery.” This seemed to imply that the package was on its way to the post office, so we called the UPS distribution center to find out at what time of day the truck might get to the post office so we could drive in to get it.
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.
You are absolutely right Sondra although we are not at all looking to eliminate many of our expenses. About the only thing we are anxious to do is convert more to solar so we can boondock more in some of our natural parks. Our TT does not have any extra room for hanging clothes or a washer/dryer. We are a family of 3 (the third being a toddler) in 27′. There isn’t a lot of wiggle room, so to speak. As for eating out. Be careful what you say. Eating out is not synonymous with McDonalds and in our case involves some incredible farm-to-table establishments, seafood eats on the waterfront, etc. It is something we enjoy as a family and not something we are looking to cut back on. Your recommendations will surely be helpful to some though. Thank you.
I don’t know if a particular dollar amount works here, but the more you have on hand, the better. I think a couple needs to have a solid plan that will generate a steady monthly income while traveling and living in the RV. It would be wise to have money saved and set aside in the event of an injury or illness that could prevent you from working for a period of time. If I had to put a dollar figure on it, I would probably say a minimum of six months of income/expenses is a good place to start.
I decided to upgrade to a high top camper and took my time until one passed me on the road, absolutely beautiful with the same layout as your camper (but a little tighter in space), not what I was looking for, I wanted the bed across the back but the price was just too right to even argue. Next winter in that will tell the tale but it will be the same as yours, not total success no matter what I do to it and to modify anything will reduce the great profit I stand to make just selling it and continuing with my plan to develop a Cube Van I already own.
We had to skirt our first RV and it worked like a champ. We called the Miller Family from RVSkirting.com and even though they couldn’t install the skirt for us they helped us get set for a last minute freeze in Breckenridge, CO and gave us the confidence that we could install it ourselves. Most manufacturers and dealers don’t understand skirting so make sure you do lots of research or give these guys a call if you have questions about winter camping.If you plan to be in an area with snow you can try the poor man’s skirt, it works pretty well: Take a shovel and pile up snow all around your coach up to the bays. Pack the snow well and it can last for months. During an extreme freeze put a space heater under your coach, don’t worry it shouldn’t melt the snow…I call this the Igloo effect!
11. Keep travel resources at hand. Many RV lifestyles revolve around moving with the weather, to warmer or cooler places, and you certainly want to stay in the know. If you are planning to vacation on the coast, but find that a hurricane or tropical storm is blowing in and causing trouble, you may want to change your plans. Nothing is worse than trying to maneuver in bad weather or a wet campground. You also don’t want to put yourself in harm’s way and risk damage to your RV in such situations as tornadoes, floods or excessive mud. Try to stay current and well informed about these issues and have a special weather radio if possible.
Thanks so much for the tips. I am in the process of moving out of my 1650 sq. ft. house into a 32′ fifth wheel, which I have parked on my two-acre property. My granddaughter and hubby are moving into the house to help with the mortgage payments on the property. I won’t be traveling anywhere, just staying put in my own yard, but your tips are invaluable. Keep ’em coming!
$1,541 Grocery – Keeping to our roots we’re shopping local when possible. Didn’t see too many Farmers Markets over these past 5 months which is pretty sad, and many times we were stuck to Wal-Mart for groceries which is basically against our “religion”! Sometime when you travel you can’t always practice what you preach (see our post on Can an RV be Green), but do know if there’s an organic version of the fruits and veggies we need you better believe we’re going to buy it vs. the conventional. We’re heading back to the West in 2013 so we should be able to get fresh, local, and regional foods again.
$827 Costco – Because we didn’t find many farmers markets or affordable natural food stores on this portion of our trip, we renewed our Costco membership. For the amount cooking we do, Costco is the best way for us to get reliable organic, natural, and affordable food items. Yes you must purchase in bulk, however we try not to over-purchase, and we rely on Costco for our staples only like tomatoes, beans, hummus, chips, etc. Sometimes we’ll even find local venders in Costco from coffee roasters, to pastry makers, to exotic cheeses made from nearby farms….and that’s why we choose Costco over Sam’s Club.
$648 Miscellaneous – Magazines for the Nook ($25), Stock Music for videos ($70), Shipping charges for mailing random stuff ($72 – Don’t ask me what I mailed, but it added up), Movie Theater *we went to 2 movies in 5 months ($24), Home Improvement Stores ($173), REI Outdoor specialty items ($63), Parking and Tolls ($85), half day boat rental for the family in Lake Havasu ($136). Also I’ve stopped putting propane as a line item since we really don’t spend much on this; in fact we didn’t even fill our propane in this 5 month period.
Chugging along the ruggedly beautiful Maine coastline, I couldn’t help but reflect on how thankful I was for our current lifestyle. In the prior 30 days, we’d been to a family wedding in Asheville, NC, played top ranked golf courses in the countryside of Indiana, Ohio, and Pennsylvania, crashed the driveway of college friends in our Nation’s capital, explored the vibrant streets of New York City, beamed with joy as our pup Ella ran alongside us at a dog-friendly golf course in the mountains of Maine, and we’re now on our way to the beautiful Acadia National Park.
The problem was that we were traveling too much, and trying to work full-time on top of that. So, we decided to try Cherie’s formula and slow down. And, you know what? It made an enormous difference. Traveling became fun again because we gave ourselves the time and space to really experience each place we went. We also had more breathing room in between travel days to work, rest, and do chores.
We were city dwellers before heading out on this never-ending trip. We drove daily to work in big cities like Dallas and the area around New York City (for her part, Kerensa will readily admit she took public transportation daily in NYC and was already out of practice). Doing it in a car is one thing, but in a motorhome is an altogether different experience. Cars tend to zip around you and most people don't realize how long it takes for an RV to stop. It can be a little nervewracking. To combat this, we try to avoid rush hour and may take alternate routes. PSA: Don't cut off an RV in traffic. You may think you're jumping ahead, but you may be dooming yourself to being rear-ended by something 5 times your size.