Wednesday, July 24, 2013

The Budget

   This could get ugly but it needs to be discussed.
Before you even get your pencil sharpened there are some things you need to think about.
  • Are both you and your spouse going to be retired living on a fixed income?
  • Are only one of you going to be retired and the other needs to continue working?
  • Have you heard of Workamping?
  • Do you have investments to help you?
   Do you have a headache yet?

   In our case my wife will be retired and drawing her social security, I will still be at least 3 years away from retirement age.  There are different ways for you to live the fulltime RV life.  Notice I didn't say lifestyle.  Everybody has an idea of what kind of lifestyle they want to live.  You just have to figure out how to pay for it.

    I have been researching Workamping and believe this is how we will be able to maintain our livelihood. Workamping allows you to find a job that will supply you with usually a campsite and a small paycheck.  The best thing I can suggest to you  is to join Workamper News. Their website can explain it a lot better.

   The next step is to decide what budget headings you will have and then figure out your monthly expense for each item. For example you do some research and find out the average campsite will cost you $25.00 per night, that's 750.00 per month.  That's just an average, so it could be higher.  Of course there are ways to lower your nightly cost.  There's camping clubs you can join that can cut your cost a great deal.  You might also want to do some boondocking, we'll get into what boondocking is later. 
 
    I have my budget laid out and will put it on here so you can see what we are planning to do.  Of course you need to remember we haven't started yet so it will have to be tweaked quite a bit I'm sure.

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