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Old 11-22-2005, 06:31 PM   #1
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budget for full timing

Ran into this site on another forum and thought it was very interesting. Thought I'd share it here.

http://rvforsaleguide.com/fulltime-rv-budget.htm
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Old 11-22-2005, 08:49 PM   #2
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Smile I predict higher spending for Nov and Dec.

Cool post. I wonder if the Luhr family will post a ballpark budget?Didn't see dog food, vet bills, dog treats, dog toys...eating out sure does cut into the budget...but then again you gotta figure in the unpaid salary--the value of mama's time cooking and cleaning with the cost of groceries
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Old 11-22-2005, 09:01 PM   #3
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Great info! Thanks for the post. It would be nice to know exactly WHERE they are staying and full timing. We found during our journey that costs can vary a lot, especially eating out. e.g. Santa Fe was a lot more expensive than staying near Denver, etc. And being out in the boondocks was less expensive than being near a metropolitan area.
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Old 11-22-2005, 09:22 PM   #4
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Same general rule as traveling abroad...cut the luggage in half and double the amount of money....

Looks to me like they are averaging about $90+ a day so far that is in the $35k a year range. Not too bad, but can be done for less or more

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Old 11-22-2005, 09:50 PM   #5
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Wink Living for Less....

Being the frugal person that I am, I know that I could live on less than that. All those meals out really cost big time. Did I miss somewhere as to what they are living in and what they are pulling it with?

It looks as though they were in St Louis, and then to Mt Rushmore, and this month is an expense at the MGM Grand Hotel. I believe the only one is in Las Vegas, right????
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Old 11-23-2005, 04:51 AM   #6
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Beth,
Best I can tell they are in a diesel powered MoHo. There are a few entries for RV diesel. I know I can get by on 1/2 or less of what they are spending. There are apparently child(ren) involved too. Saw one line item for massages

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Old 11-23-2005, 06:26 PM   #7
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well it's always interesting to read about the travels of other nomads....

but this isn't really a budget.....more of an expense list. seems they are just writing down what they spend on a daily basis....now if they fully develop this over time it could serve as the basis for a budget. and writing everything down does help some folks spend less and keeping receipts for everything may help at tax time.... but lots of other things need to be included like insurance, repairs and so on for a real budget.

still it's fun to read about all travelin' friends....their diary link include photos....the rv can be seen in the background in some...

cheers
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Old 11-23-2005, 08:35 PM   #8
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It's interesting reading this and what it tells you about what people do to fill their time. No wonder bank and credit card companies can start to anticipate our annual "spend periods" based on our individual habits and tailor their programs to this. Scary. Big eating out costs - you forget about your own costs in this area until you see someone who has written it down. It will be fun to watch if there are spikes in the spend rate and what causes it. As noted by others there's a lot of expenses not yet showing. Barry
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Old 11-23-2005, 09:00 PM   #9
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I've been tracking every penny in Quicken and an Excel spreadsheet since we started fulltiming in May of '04. Everyone's budget is certainly different ... but it looks to me as if he's missing a lot of "gotchas".

2air' is right ... it's not a budget ... just a running list of daily expenses.

People make the mistake of spending like they're on vacation when they first start out.
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Old 11-23-2005, 09:26 PM   #10
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Could cou give us some examples of the, I guess there unexpected, "gotchas" that have "gotches, you"?.
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Old 11-23-2005, 10:03 PM   #11
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Some are obvious ... Taxes, Medical, Medical Insurance, Medical expenses not covered, Dentist, Eye doctor, Trailer Maintenance, Truck Maintenance, Birthdays & Christmas, new computer equipment ... blah, blah, blah. It's always something!

Here's a "gotcha" ... in October my sister was hospitalized ... so we ended up racing back to Calfiornia for a month. Spent a fortune on fuel and RV camping ... and for some reason, groceries. In life, there is always something that you never planned for.
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Old 11-24-2005, 01:19 AM   #12
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Quote:
Originally Posted by Porky Pig
... blah, blah, blah. It's always something!
Porky, you didn't mention the casinos, just kidding!
How is life in the junction?
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Old 12-08-2005, 12:52 AM   #13
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Maintenance/ repairs aren't mentioned either!

Hey, one stone or rocks off a landscape trailer/ gravel hauler can ruin a good day, paintjob, or your life. That ( and lawyers) and why they have those "We have no liability if...", those stickers are so prevalent.

Have heard of people getting killed from those flying rocks too. The way I see it, being on the road more only increases the odds of that sort of thing - maybe? Not trying to bring anyone down, but hey, life happens!

Axel
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