Tag Archives: annual

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.

2017 – End of Year Expense Report

doing-the-budget
Here’s our 2017 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 four 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 2017, 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 once a week.

2017 was a good year for us, but we had some extra expenses including replacing a windshield, buying new tires for both camper and pickup, and a couple of bigger pickup repairs.  These costs are included in the figures below.  We did one major RV upgrade.  However, since it was completely discretionary I’m not including it in these figures.

Because our travel was very limited in 2016 I can’t compare this year’s figures to last year, however, these numbers track pretty well with other years, although they are drifting upwards, primarily, I think, due to inflation rather than any big changes in our lifestyle.

I have to brag just a bit here.  At the beginning of the year I did an estimated budget.  To my surprise, my end of the year figures are within $30 for the entire year!  I’d say that was mostly luck and not skill at budgeting!

2017  Monthly Expense Averages
Camping fees (Value of volunteering + out of pocket + pro-rated annual memberships*) $478.06
Cell/Internet/TV $226.15
Diesel (During the months in which we have a car the truck doesn’t get driven much) $204.35
Gas (note: we only had the car with us about 5 months but this is a 12 month ave.) $23.89
Misc $38.50
RV Maintenance and upgrades $149.81
Vehicle Maintenance (had a couple of big repairs on the truck) $257.75
Registrations/Vehicle Insurance (pro-rated to monthly) $178.48
Propane $1.81
Mail Service $12.08
TOTAL $1570.88
Non RV expense – food, medical, “just living”**                                    TOTAL $1727.28
MONTHLY GRAND TOTAL AVERAGE
$3298.16

*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.

2016 – End of the Year Expense Report

doing-the-budgetEvery year since we became fulltime RVers I’ve posted an expense sheet, but 2016 wasn’t a typical year. As I’ve written in previous entries to this blog we took an unexpected break from traveling to serve as interim pastor. That assignment lasted six months. Add to that around five months (January-March and then November-December) volunteering at San Jacinto Battlefield/Battleship Texas and there’s not much of the year left!

Our campground costs this year, as you can guess, have no connection to what anyone else would pay. Also, our F350 pickup has been mostly parked. We have a small car that doesn’t travel with us when we are on the road, but this year we ran the wheels off of it. In other words, our camping and travel costs in 2016 wouldn’t be of much help to anyone.

Basically, our expenditures are just living costs and don’t have anything to do with fulltiming. Because of that I’m not publishing an expense sheet for 2016.

A few months ago I did a blog entry on Second Wave Expenses. This was a terrific year for us to take on several replacements and do some upgrades. We also had a couple of major unwelcome expenses: a new air conditioner for the 5th wheel and a major repair on the car. These two items amounted to several thousand dollars. The fact that we weren’t traveling enabled us to absorb these biggies.

And, as I said, we had some other, more voluntary, expenses. They included stuff like:
• A new backup sewer hose
• Two-Way Radios
• Wilson WeBoost and antenna to replace our worn out Wilson Sleek
• Replaced all incandescents with LED Lights
• Two new Recliners
• Heated Mattress Pad (nice on winter nights)

All said and done, even with the major repairs plus all the voluntary purchases we came out on the positive side of the spreadsheet. Had we traveled as planned, I think we would have been about on budget but maybe a bit behind on the year.

Our plans are to return to touring in the early spring and to make our 2017 Adventure a good one. Stay tuned!