Welcome To The Financial Information Main Page!
From this page you can quickly link to other financial pages that will aid you in determining what it takes to live on the road in an RV full-time.
The Financial Considerations page is a detailed discussion that includes:
Our views on why most people are not financially fit to pursue their dreams
How we got ourselves financially fit
How to organize your financial records to see where you stand
How to translate your current financial situation to the road
A narrative explaining full-timing line-item expenses and establishing a moderate monthly budget
A summary of costs to live on the road
The Sample Budgets page sets forth three monthly budget scenarios:
Moderate (established on the Financial Considerations page)
Money Is No Object
Our Full-Timing Cost Summaries
Click on Our Up-Front Costs To Go On The Road to see what we (a couple that had never RVed before) spent to buy an RV and to get ready to start traveling.
For an explanation of how we keep track of and record our various expenses, take a look at Understanding Our Full-Timing Costs
Click on Our 2005 - 2012 Average Monthly Full-time RVing Expenses to see our first 89 months (almost 7 1/2 years) of Basic Living Expenses. We have analyzed all our expenses to come up with monthly averages and annualized averages. We have also broken the expenses down by months we workamped and months we didn't.
In addition to everyday living expenses, we have had numerous, large, one-time expenses in our time on the road. Those expenses have been largely discretionary and incurred mostly to enhance our full-time lifestyle. To see these additional cash outlays, check out Our Major One-Time Expenses
Our Actual Annual Expenses & Budgets
For our 2014 full-year budget, click on Our 2014 Budget. This budget includes:
Month-by-month anticipated expenses
An annual summary
For a look at our 2014 year-to-date expenses and how they compare to the 2014 budget, click on Our 2014 Actual Expenses.
For a summary of our business income and expenses from 2005 - 2013, click on RV-Dreams Annual Business Summaries.
For our 2013 full-year budget, click on Our 2013 Budget. Click on 2013 Actual Expenses to see how we did against our 2013 budget.
For our 2012 full-year budget, click on Our 2012 Budget. Click on 2012 Actual Expenses to see how we did against our 2012 budget.
For our 2011 full-year budget, click on Our 2011 Budget. Click on 2011 Actual Expenses to see how we did against the budget.
For our 2010 full-year budget, click on Our 2010 Budget. Click on 2010 Actual Expenses to see how we did against the budget. And here is the link to Our 2010 Business Summary By Month.
For our 2009 full-year budget, click on Our 2009 Budget. Click on 2009 Actual Expenses to see how we did against the budget. And here is the link to Our 2009 Business Summary By Month.
For our 2008 full-year budget, click on Our 2008 Budget. Click on 2008 Actual Expenses to see how we did against the budget. And here is the link to Our 2008 Business Summary By Month.
For our 2007 full-year budget, click on Our 2007 Budget. Click on 2007 Actual Expenses to see how we did against the budget. And here is the link to Our 2007 Business Summary By Month.
For our 2006 full-year budget, click on Our 2006 Budget. Click on Our 2006 Actual Expenses to see how we did against the budget. And here is the link to Our 2006 Business Summary By Month.
The 2005 Actual Expenses page shows:
Month-by-month actual line-item expenses
Totals for our first five months of full-timing
This page does NOT include amounts we paid up front before actually going on the road. For those expenses, including all insurance for the first year, go to the Our Up Front Costs page.
As you might have suspected, insurance is a major component of annual expenses. For us it will comprise 1/6 to 1/7 of our budget, and it will be an even bigger portion for others not yet eligible for Medicare. Our Insurance Considerations page provides links to detailed discussions about:
Health Insurance & Medicare
Other Insurance-type products
Earning A Living On The Road
As we have "retired" early and have no corporate pension, military retirement, or social security income, we will have to earn a certain amount of our expenses on the road. We are pursuing various income opportunities. The Earning A Living On The Road page provides suggestions for earning income and includes discussions of:
Workamping (Links to several pages)
Traditional Jobs While Full-timing
Working Out Of Your RV
Dream Jobs Dialog
Continuing The Dream
Income Producing Websites
A Little Advice
Social Security Overview
For those that will be relying on Social Security income or that are not sure about Social Security, the Social Security Overview page provides information on:
How benefits are calculated
How to estimate benefits
The effects of early retirement on benefits