Owning, operating, insuring, and maintaining our boat for a year costs us less than what we just spent to do a nine day charter in the British Virgin Islands. So personally, I think owning our own boat is a terrific bargain.
and how many of those water front properties can take you to dream vacations?Albeit a tad late into the thread but -
One more thing to add in your calculation - how much is waterfront property? and no lawn to mow either !!!
How many of you have seen the "cruising simulator" which asks you to imagine restricting yourself to a small room and then a whole bunch of other negative things associated with cruising? Then everyone chimes in about how true it is?Ross said:Nancy refers to our boat as her little house on the water. She decides where she wants to live for a few days and we can move there in a day or three.![]()
You must balance the books for the U.S. government.A friend of mine came up with a theory that we called the 'fun factor'. Every hour on the water is worth $50 in 'fun.' You can add it all up against your dockage, payments, etc and by that math, most boats pay for themselves pretty quickly!!
Or at least that's what I keep telling myself!