2018 – End of Year Expense Report

doing-the-budget
Here’s our 2018 end of year Expense sheet…

I’m listing the camping related expenses as line item monthly averages. Then, I total everything else up and give just a general dollar figure. If you are researching fulltime RVing you already know what you pay for food, health insurance, etc. (or even if you don’t, my figures for such things won’t have any real world connection to what you spend on them). Also, by combining the non-RVing expenses I feel I’m better able to maintain our privacy.

During the year we spent three months volunteering and receiving a campsite at no charge. For the purpose of this report, I’ve estimated the value of these months at $325 each. Also, we own a small car that doesn’t travel with us.  We have it 4-6 months a year.  That lowers our diesel use and adds a gasoline line to our expense sheet.

During 2018, in addition to our months of volunteering, we spent a two months paying monthly rates. The rest of the time we were traveling, moving an average of just over one week.

2018 was a tough year for us financially.  We did one major repair on our 5th wheel (over $5000!) and a couple of costly pickup repairs that drove our costs quite high.

Also, we had some bigger medical costs this year, driving up our “just living” numbers.  Other expenses are drifting upwards, primarily, I think, due to inflation rather than any big changes in our lifestyle.

One takeaway here is that if you stay in the fulltime lifestyle long enough you are going to have some big, undesirable costs – the same as can happen if you live a more conventional lifestyle.  If you get in by stretching your finances to the limit, sooner or later, you will face a financial crisis.  This year our reserves were hit hard, but we are thankful we had those reserves to draw from.  Hopefully, 2019 will be kinder to us, allowing us to recover a bit.

2018  Monthly Expense Averages
Camping fees (Value of volunteering + out of pocket + pro-rated annual memberships*) $424.12
Cell/Internet/TV $253.84
Diesel (During the months in which we have a car the truck doesn’t get driven much) $285.88
Gas (note: we only had the car with us about 5 months but this is a 12 month ave.) $19.41
Misc $17.35
RV Maintenance and upgrades (OUCH!) $548.06
Vehicle Maintenance (More financial pain!) $443.22
Registrations/Vehicle Insurance (prorated to monthly) $198.07
Propane $11.62
Mail Service $15.75
TOTAL $1793.20
Non RV expense – food, medical, “just living”**                                    TOTAL $1896.77
MONTHLY GRAND TOTAL AVERAGE
$5091.36

*Note 1: Like Thousand Trails, Good Sams, etc. – prorated to monthly cost -but NOT including original buy in costs, if any

**Note 2: These expenses include items like: Groceries & Dining Out, Clothing, Hair, Medical & Dental Expenses, Charity, Health Insurance, and Entertainment – but not Income Tax and a few other expenses

PS: If you find this information helpful, please leave a short comment so I’ll know it is worth the effort needed to provide it. Thanks.

One response to “2018 – End of Year Expense Report

  1. Pastor Scott, I always enjoy your expense sheet, it is very helpful. I follow your post regularly. Thanks!!!!

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