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EP 2: How We Afford Full Time Family Travel

EP 2: How We Afford Full Time Family Travel

This is definitely one of the first questions that people ask us when we tell them about our lifestyle! Today, we will dive into deep details about how we afford full time family travel, including a breakdown of our costs and income on the road.

In this episode, we talk about:

  • How much our bills are
  • How much we spend on groceries
  • How much we spend on campgrounds, gas, and more!
  • And how we make the money to pay for full time family travel

Breakdown of our average costs each month:

Average spent a month over the last 9 months: $5226.30

Bills:

  • Verizon (Internet) – $72.21
  • American Funds (stock for kids) – $50
  • Cell Phone – $100
  • Car Payment – $319
  • RV Payment – $294
  • Thousand Trails Membership – $47
  • Insurance (Life Insurance)- $64
  • State Farm Insurance – $145
  • Hulu – $11.99
  • Netflix – $8.43
  • Cell Phone – $48.63
  • Health Insurance – $177.81

Planned Budget:

  • Bills: $1394
  • Business (tools – aweber, google business, tailwind, etc) – $200 – $300
  • Groceries (including alcohol) $1000 – $1500
  • Gas $200 – $500 (depends how far we are traveling that month)
  • Campgrounds $600 – boondocking and thousand trails Average campground – $25 – $55 a night some way more then that.
  • Eating Out – $200 – yeah right . . .
  • Extra – $1000
  • Unexpected – $200

Total:

$5000 – $7000 a month

How we make that money each month.

We are not planning for retirement right now. We have a small amount put away for the kids. Our savings right now is just under $10,000.

  • Virtual Business: $3500 – $5000 a month but pay out to people helping me out so we don’t take all this home.
  • CFA Blog – $1200 – $2000 a month (freelance, ads, affiliates)
  • Craig UWP work – $800-$1600
  • Craig – website design work – $500 – $3000

Resources mentioned in this episode:

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