Budget

So we present two budget charts to keep the scale from getting wacky.

Personal living expenses include:

Boat items:  for people living in a house this would be titled Household Goods, here we include all kinds of random stuff from dishes to tools to cleaning agents not related to boat maintenance, etc

Food - grocery:  all foods and goods purchased at grocery stores, markets, drug stores, convenience stores, etc.

Food - out:  all foods and cocktail hours at a place we're out, restaurants, bars, taco stands, etc.

Other:  this is just a catch-all category for things we can't place somewhere else

Pers / Ent:  Personal entertainment items, biggest expense here will likely be our cell phone bill, but will also include things like our Spotify subscription, new fishing tackle, a round of golf, toe nails getting done up, etc.

Pers / Travel:  this includes flights home, cabs, shuttles, buses and the car we own

Puppy: this is the puppy's budget

Boat spend has 3 categories:

Boat Maintenance:  this is going to be a continual work in progress with some waaaaay over budget months and hopefully some almost nadda months.  This will include routine maintenance (oil changes, zincs) and unexpected repairs.  Wish us luck on this category.

Fuel:  self explanatory.  Our tanks carry 100 gallons of diesel and our dinghy has a 6.6 gallon tank for running around.  We carry extra for both in jerry jugs.

Slip / rent:  this is whenever we pay a fee for checking in or out of a country or port, or stay in a marina





2016 PREPARATION YEAR

The chart below represents, as a percentage, what we spent the year before cruising (ie prepping the boat and living in San Diego) versus budgeted.  The top bar (orange) equals our targeted portion of the budget, all the orange bars add up to 100%.  The bottom bar (blue) equals the percentage we actually spent.  So when the bottom bar is longer than the top bar, we overspent.  As was the expected case, in 2016 we overspent in every category.  We keep the boat costs as a separate budget and will be providing a second bar graph for that in the future months.  Going forward we will include these graphs on a monthly basis.  We do hope this will help others with expectations about where your money may be spent while cruising.




JANUARY 2017

Nights in a marina:  31
NIghts anchored:  0
Nights at sea:  0
Engine hours:  13
Genset hours:  2
Water made (net):  43g

Personal Spend - Overall in January we were essentially on budget overall (although I'll admit I played with the numbers a bit - we hosted a going away party, bought a new laptop, and purchased a lot of future giveaway items, all these are not included in the figures for January).  Food - grocery was a little high but should balance out in February as we had a big grocery run on Jan 31.  Boat items was higher because of our West Marine shopping before we left.  We still ate out a bit too much but we were amazed at the quality of restaurants in Ensenada!!



Boat Spend - Slip / rent surpassed budget because we stayed in a marina all month (no real anchoring in Ensenada) and this figure includes all of our check in fees including $435 for temporary resident cards to stay in Mexico semi-permanently (this will save us money and travel time in the future)




FEBRUARY 2017

Nights in a marina:  10
NIghts anchored:  15
Nights at sea:  3
Engine hours:  19.3
Genset hours:  4
Water made (net):  137g

Personal Spend - February was our first real month of cruising.  We did a good job of loading up the boat with lots of food from the grocery store but still spent time at restaurants even in the anchorages we went to because some days you just don't want to cook and clean.  And this was last chance for awhile to shop for the puppy on Amazon so her budget was surpassed for the month.




Boat Spend - We incurred the expense of the marina in Ensenada during February.  Boat maintenance was kind of what we expect, almost nothing most of the time, and then bang! a month with thousands of $$$s spent, so we'll see.  And we topped of the tanks in Ensenada for just under $4 per gallon


MARCH 2017

Nights in a marina:  21 (San Jose del Cabo 13, Mazatlan 8)
NIghts anchored:  7
Nights at sea:  3
Engine hours:  13.4
Genset hours:  2 (our solar is working out GRRRREAT!!)
Water made (net):  32g

Personal Spend - March was a good test of the budget as we anchored some, sailed some and stayed in major cities in marinas.  Because of the ease of access and friends to hang out with, we ate out a lot more than budgeted but we made up for that by not spending as much on groceries.  Overall we budget $1500 for food and stayed under that despite eating out so much.  That's a big reflection of the cost to eat here (low) and the peso exchange rate (high).  Pers/Travel was high as well because we rented a car for a week so Chris could get some surf time in.



Boat Spend - No boat project expenses (although that will change in April as we blew up our mainsail furler).  We did stay in marinas for 21 days and Cabo was not cheap, $57/day with no electric plug in.  Isla Mazatlan Grand Resort was a relative bargain at $23/day.



APRIL 2017

Nights in a marina:  20 (Mazatlan 3, La Cruz 17 )
Nights anchored:  9
Nights at sea:  1
Engine hours:  15.7
Genset hours:  0.6
Water made (net):  90g

Personal Spend - April we found ourselves settling into our new homemarina for the summer, but we did have 10 days at sea which was our trip from Mazatlan to Isabel Island to San Blas to Chacala to La Cruz.  The Other category was high because we had to pay the tax man to file our taxes.



Boat Spend - Marina costs will be above budget for most of the rest of the year as we hunker down in La Cruz for the summer.  We had one major boat breakdown when the mainsail halyard swivel blow up.



MAY 2017

Nights in a marina:  23 (La Cruz)
Nights anchored:  8
Nights at sea:  0
Engine hours:  11.4
Genset hours:  1.0
Water made (net):  248g

Personal Spend - May was always going to be a difficult month for the budget, of the 31 days we were fortunate enough to have friends in town for 23 of them.  Friends stayed on the boat and even joined us for a 10 day surf trip on SeaGlub.  With friends in town we spent a lot more time eating out and being tourists so both those categories surpassed budget, but pretty dang worth it!!



Boat Spend - Filled up the fuels tanks for the first time since February in Ensenada


JUNE 2017

Nights in a marina:  30 (La Cruz)
Nights anchored:  0
Nights at sea:  0
Engine hours:  11.4
Genset hours:  2.5 (we're running the genset 0.5hrs every Monday just to keep it healthy)
Water made (net):  76g

Personal Spend - In June we still had friends visiting in the beginning of the month, I broke down and had an expensive day on a nice golf course and Monica stayed at a nice local hotel to get some girl and pool time.  We're hoping to get back on track budget-wise in July (even with Monica going home to CA for three weeks)



Boat Spend - Not much to report, the majority of Boat Maintenance is the inclusion of our monthly payment for boat insurance


JULY 2017

Nights in a marina:  31 (La Cruz)
Nights anchored:  0
Nights at sea:  0
Engine hours:  0
Genset hours:  4.5 (we're running the genset 0.5hrs every Monday just to keep it healthy)
Water made (net):  122g

Personal Spend - we were more on budget this month for personal items, however we still exceeded budget by almost 50%.  We spent more on Pers/Travel as Monica went home for her mom's bday and that leads to a few West Marine trips.


Boat Spend - so we broke down and did, we ordered an air conditioner for the boat.  This will be a big upgrade but also makes the budget out of whack for the month.


AUGUST 2017

Nights in a marina:  31 (La Cruz)
Nights anchored:  0
Nights at sea:  0
Engine hours:  0
Genset hours:  0.5
Water made (net):  47.5g

Personal Spend - our first really good, on budget month in a while.  It's pretty hot this time of year in Puerto Vallarta so we didn't move around much.  On that note, we did buy a car, and for budget purposes I'm adding in my expected monthly cost plus the actual dollars spent on fuel and maintenance all under Pers/Travel


Boat Spend - installation of the AC unit, a weld job on the secondary house alternator, and putting our staysail on a roller furler surpassed monthly budget


SEPTEMBER 2017

Nights in a marina:  30 (La Cruz)
Nights anchored:  0
Nights at sea:  0
Engine hours:  0.5
Genset hours:  0.5
Water made (net):  53g all from collecting rainfall

Personal Spend - overall it was a good month but I allowed myself to get talked into a surf trip to Costa Rica, I got totally skunked on surf and the buddy I was supposed to meet had to leave before I arrived. Oooops

Boat Spend -  on budget month, enjoying our working AirCond


OCTOBER 2017

Nights in a marina:  29 (20:La Cruz, 9:San Jose del Cabo)
Nights anchored:  0
Nights at sea:  2
Engine hours:  44.9
Genset hours:  0.5
Water made (net):  53g all from collecting rainfall

Personal Spend - Chris flew back to California, rented a car, and made a few West Marine trips, and we had some welding done on the arch to increase solar square footage and installed a dinghy lift motor



Boat Spend - added a dinghy lift motor and stayed in a much more expensive marina in San Jose del Cabo


NOVEMBER 2017

Nights in a marina:  27 (14:SJD, 13:La Paz)
Nights anchored:  3
Nights at sea:  0
Engine hours:  22.6
Genset hours:  0
Water made (net):  16g

Personal Spend - Budget kind of loses meaning this month and next.  We started out staying in San Jose del Cabo (expensive) bu then sailed north for La Paz.  Tessa passed away during the trip and we checked back into a marina in La Paz and flew to PV then drove our car home to California.


Boat Spend - San Jose del Cabo ain't cheap


DECEMBER 2017

Nights in a marina:  31 (La Cruz)
Nights anchored:  0
Nights at sea:  0
Engine hours:  0
Genset hours:  0
Water made (net):  105g

Personal Spend - Going to inflated because we spent the month in California, added Penny as the newest family member and enjoyed shopping at West Marine,


Boat Spend -  Boat sat in a marina all month without us


2017 TOTAL

Nights in a marina:  315
Nights anchored:  40
Nights at sea:  10
Engine hours:  154.9
Genset hours:  15.0
Water made (net):  1,090g

Personal Spend - how to take in our first year of cruising and how we met with budget expectations?  Clearly we exceded budget but, to be fair, it was guess.  As for food we did a pretty good job, however we traveled via airplane a bit more than expected, and then just generally spent a bit more then we had thought we might.  For 2018 we'll probably adjust the budget up a bit but we can do better on some categories as well.


Boat Spend - the clearest budget buster was being in a slip for 80% of the year, we're hoping to dramatically improve on that in 2018.  We added an AC and rolling staysail in 2017 so that won't be repeated, but most of the big boat costs rarely are so we'll see 2018 goes...


JANUARY 2018

Nights in a marina:  30
Nights anchored:  1
Nights at sea:  0
Engine hours:
Genset hours:
Water made (net):  40g

Personal Spend - Not a bad start to the year.  We had some travel expenses as we drove back from CA to La Paz.  All else was at or below budget


Boat Spend - Slip fees the culprit here, hopefully this averages out throughout the remainder of the year



FEBUARY 2018

Nights in a marina:  18
Nights anchored:  10
Nights at sea:  0
Engine hours:
Genset hours:
Water made (net):  98.5g

Personal Spend - Best month budget wise, and too surprising since we were finally out of a marina for 10 nights.  However, it's not quite time, winter winds and cold oceans mean we're not quite ready to do this full time.


Boat Spend - Also lower as we spent more time on the hook



MARCH 2018

Nights in a marina:  28
Nights anchored:  3
Nights at sea:  0
Engine hours: 4.9
Genset hours: 0
Water made (net):  0g

Personal Spend - Overall not too bad for a 31 day month.  Friends went home to the states so we did a bit of Amazon shopping and flew home at the end of the month for Easter


Boat Spend - Still in the slip, this should change next month.  In the meantime, we had some hull buffing and bottom cleaning done.