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Budgeting Your "Boat Dollars"

Preparing an annual boating budget does not offset high boating cost. Use "Watercraft dollars" calculations to control your expenses. A spreadsheet will help you be in control. Make a boat maintenance spreadsheet on an annual basis to manage your spending and expectations

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BUDGETING YOUR
“BOAT DOLLARS”
PREPARE ANNUAL BUDGET
“MAINTAINING YOUR BOAT”
Monthly loan
payments $500-
1000
Insurance
averages of %1.5
of boat insured
valued.
Dockage fee
$10/foot/month
Winter storage Annual
Maintenace %10
Safety Kits
$500/year
Repairs
$2400/year
Time spent on
boat 14
days/year
“BUST OUT ANOTHER
THOUSAND” (B.O.A.T).
• Preparing your annual boating
budget plan to cover expenses
will provide a more satisfying
boating experience.
• Do this and turn ‘boat’ into
“Best of All Time”.
BOAT DOLLARS
“One boat dollar” amounts to $100. Proper budgeting and maintenance makes
you more able to control expenses, yet that
does not make boating less costly.
BOAT = Bankruptcy on a Trailer
CREATING YOUR BOAT BUDGET SPREADSHEET
Dockage or
mooring fees
Launch/hauling
Storage (outside,
includes blocking
and stands)
Transportation
Winterizing Cover Maintenance Commissioning
Marina fees and/or
yacht club
membership
Dinghy storage Insurance Excise tax
State boat
registration /
documentation
Trailer registration Fuel
Safety equipment
(charts, PFDs,
flares, etc)
Other equipment
and miscellaneous
CREATING YOUR BOAT BUDGET SPREADSHEET
 Building a spreadsheet will
provide you with a practical view
of your boating costs
 Or cushion you from associated
expenses that often stun much
less knowledgeable seafarers.
 This will allow you to keep track
of boat jobs and assist with
budget preparation.
CREATING YOUR BOAT BUDGET SPREADSHEET
CAN I AFFORD A BOAT?
Buy an 18-foot Boat
$2000 per year.
10 years
-$20,000
Invest in a High Yield Saving Account
$2000 per year. 1%
saving yield
10 years
+$924
CAN I AFFORD A BOAT?
BOAT MAINTENANCE
COSTS AND HISTORY
 Only the owner knows the maintenance
history
 The Boat-Alert.com database combines 53+
nationwide databases into a single place
 So, you can search for:
 Stolen boats
 Marine lien claims
 Boating accidents
 Pollution incidents
 Auctioned boats
 Factory recalls
 Boat manufacturers.
Facebook
@boatalert
FOLLOW US
&
SUBSCRIBE
Twitter
@hindecoder
YouTube
Boat Alert
THANK YOU
FOR
LISTENING
Website
www.boat-alert.com
Email
Boatalert @certifiedreports.zohodesk.com
Contact number
1-855-HIN-ALERT
Article
https://www.boat-alert.com/blog/budgeting-
your-boat-bucks/

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Budgeting Your "Boat Dollars"

  • 2. PREPARE ANNUAL BUDGET “MAINTAINING YOUR BOAT” Monthly loan payments $500- 1000 Insurance averages of %1.5 of boat insured valued. Dockage fee $10/foot/month Winter storage Annual Maintenace %10 Safety Kits $500/year Repairs $2400/year Time spent on boat 14 days/year
  • 3. “BUST OUT ANOTHER THOUSAND” (B.O.A.T). • Preparing your annual boating budget plan to cover expenses will provide a more satisfying boating experience. • Do this and turn ‘boat’ into “Best of All Time”.
  • 4. BOAT DOLLARS “One boat dollar” amounts to $100. Proper budgeting and maintenance makes you more able to control expenses, yet that does not make boating less costly. BOAT = Bankruptcy on a Trailer
  • 5. CREATING YOUR BOAT BUDGET SPREADSHEET Dockage or mooring fees Launch/hauling Storage (outside, includes blocking and stands) Transportation Winterizing Cover Maintenance Commissioning
  • 6. Marina fees and/or yacht club membership Dinghy storage Insurance Excise tax State boat registration / documentation Trailer registration Fuel Safety equipment (charts, PFDs, flares, etc) Other equipment and miscellaneous CREATING YOUR BOAT BUDGET SPREADSHEET
  • 7.  Building a spreadsheet will provide you with a practical view of your boating costs  Or cushion you from associated expenses that often stun much less knowledgeable seafarers.  This will allow you to keep track of boat jobs and assist with budget preparation. CREATING YOUR BOAT BUDGET SPREADSHEET
  • 8. CAN I AFFORD A BOAT?
  • 9. Buy an 18-foot Boat $2000 per year. 10 years -$20,000 Invest in a High Yield Saving Account $2000 per year. 1% saving yield 10 years +$924 CAN I AFFORD A BOAT?
  • 10. BOAT MAINTENANCE COSTS AND HISTORY  Only the owner knows the maintenance history  The Boat-Alert.com database combines 53+ nationwide databases into a single place  So, you can search for:  Stolen boats  Marine lien claims  Boating accidents  Pollution incidents  Auctioned boats  Factory recalls  Boat manufacturers.
  • 12. THANK YOU FOR LISTENING Website www.boat-alert.com Email Boatalert @certifiedreports.zohodesk.com Contact number 1-855-HIN-ALERT Article https://www.boat-alert.com/blog/budgeting- your-boat-bucks/