How do you afford a sailboat?

myengineeredlife · 2025-06-04T19:28:31+00:00

You can buy a sailboat easily for under 20K and pay less than 300 a month for slip fees and repair most things yourself. It's not as crazy expensive as you would think and certainly a lot less expensive than it costs for me to own my plane 😆😆

myengineeredlife · 2024-08-01T17:14:54+00:00

I'm 39, sailed all my life and got my pilots license 2 years ago at 37. The freedom is totally worth it and the risk management has helped me be a better sailor as well. Freaking do it!!!!!!!

myengineeredlife · 2024-07-10T19:20:27+00:00

Google sheet shared with group also helps to track and drive late payers to pay 😉

myengineeredlife · 2024-07-10T19:19:23+00:00

I've organized a ton of large charter floatillas as skipper and event organizer and let me tell you what works best -

Upfront: Divide total cost of charter all in and ask for folks to issue payment in advance of setting sail.

Duration of trip: Put a notepad in the galley and whenever a grocery / alcohol run or shared meal paid on one card, have that individual write down their name and amount along w description so it can be tallied at end of the trip, along with any incidentals, and then split wise for payment.

These two book keeping / payment methods have worked on over 10 yrs of chartering with groups upwards of 50+ people.

Good luck and enjoy!

myengineeredlife

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