With a fresh blanket of snow covering our cozy cabin in the woods, Jill and I sat inside crunching numbers. Plotting a course to set sail.
She rattled off expenses, I typed them into a calculator and then read her back the totals. On we went through our financials from the past three months living in Seward. It felt like a good thing to be doing on the last day of the year. Sure, it wasn’t nearly the wildest New Year’s Eve we’ve ever had, but it was by far the most focused.
After an amazing 2017, we’re determined to do everything we can in 2018 to get our family back out cruising … whenever that may be.
The overarching goal of the exercise was to obtain an idea of where we’re at and to set ourselves onto a smooth course for the new year. We need to know what it will realistically take to get us going again, and doing a thorough assessment of our finances is the only way to put our feet on solid ground.
The good news? We’re on the right track. The not so good? We’ve got a long way to go.
Stopping cruising and moving back ashore obviously wasn’t what we’d hoped to do in 2017. Not at all. (See part 1). But we knew we had to if we wanted to keep going, which we definitely do. The thing is, moving ashore to “save” money isn’t — as we knew — all that easy. That’s not how the world works.
Even though we’re a dual income family, and Jill’s position is granting her valuable work experience, we now have bills that we haven’t had in many years including moorage, a car and all its associated fees, rent and utilities, and other incidentals that come from living on land for part of the year. What we figured out on New Year’s Eve, though, is that after all of our monthly expenses are covered, we don’t actually have very much extra left over. It wasn’t a comforting realization.
Our current situation is that the goal in stopping is to work on Yahtzee and to pay off a sizable amount of debt in the process. And while we’re doing both, we now know that we need to focus more on the debt in 2018 and less on the boat and other expenditures. In the interest of being straight up here, the debt we accrued while fixing Yahtzee’s skeg and rudder late in 2016 is like a massive anchor that continues to not only weigh us down but is in jeopardy of dragging us farther under water if we don’t cast it free. That’s what we’re going to do.
We’re comforted in the fact that Yahtzee was ready to cross oceans when we pulled into Seward in August — heck, we were even planning to sail to California that very month! She just needed a few tweaks and if we could lavish some gifts on her such as new sails in the process, great. Well, once we’re done with the projects that we’ve started, this round of gift giving is over. Otherwise, we’ll find ourselves tied to the dock for years spending money on the boat and putting a little bit here and there towards our debt. That won’t cut it.
We’re not the type of sailors to comfortably sit at the dock and ramble on about someday getting out there while constantly working to sail away on a boat that never will be perfect. Never have been, never will be. Our family has been out there before and we all want it back in the worst way. So we’ll work to make it happen.
And while we love Seward and Alaska immensely, it isn’t time to settle somewhere yet and it may never be. That is reality for us. Wandering this big old world under sail is what we’re after — and life’s too short not to do what we love with the people we love.