A lot of people are asking us how we are able to do this at such a young age, right after school, and without a very large income. Here are our answers to most of the questions and assumptions.
First off, full time RVing doesn’t cost as much as most people might think. Of course anyone could spend as much or as little as they want. Generally, most people spend between $1,000 – $2,000 a month and anyone who spends more is either retired, works remotely, or owns an online business. We are not retired, but we might work online a little. However, the more we choose to spend the more we’ll need to bring in, which in turn means we would need to work more hours.
Our plan is to spend less than about $1200 a month (hopefully much lower) which means we’ll be able to work less, yet still experience new locations and have plenty of time to adventure away. Currently, we are both working, trying to sell our old cars, and buying a larger truck (which we just bought a few weeks ago) and a truck camper. By October (after our wedding) we plan to have enough saved up to travel for a while before needing to either stop and work, or work remotely with online jobs. There are endless ways to make money while traveling, and we are planning on sharing those with you here soon.
The Monthly Plan
A failure to plan is a plan to fail
December 2015 we started budgeting for the next year to come. We had three budgets that we needed to get set-up: 1) wedding budget, 2) one budget for us between now and our take off travel date, and 3) RVing budget for our travels. If you are considering traveling and are not sure if you can do it, you can, because if we can plan and follow a budget while planning a wedding, you certainly can.
Our plan for January-March was to save as much as possible. We already followed a budget, but it is getting even tighter. Our biggest expense that we have cut in half is food because going out to eat is expensive and we are finding other ways to have fun dates without spending money. Another expense was spending money on random things that we randomly wanted. So far we are under budget by a few thousand which keeps us motivated to strive on!
- Apply for passports
- Save! Save! Save!
We are working on selling our old truck since we bought a bigger one and keeping an eye out for deals on the truck camper market. We aren’t due to buy a camper yet, but we wanted to get an idea of what the market is like so we are ready to buy one in the summer.
- Passports are ready to go!
Launch off is only a few months away and there is a ton of things that need to be sold. We also need to decide on what state we should list our residency as, mailing options, insurance, and working on buying an RV. But don’t get overwhelmed, once we get to these months (writing this in April) we’ll keep you up to date on what we are working on, what works, and what you might want to do.
- Start applying for online jobs
- If we are changing our residentsy, July 1st is the deadline.
Have the camper bought and start working on fixing anything that’s wrong with it.
- Have all our household items that we aren’t keeping or bringing sold.
- Going away party
- Have tested the camper out at least once by now and have fixed all broken items
Two Weeks Out
- Pack the RV
Note this will be a working document since we are only in April, but we will try our best to keep it updated as much as possible. What have we missed? Or any suggestions? Leave it in the comments below!