Typical RV annual budget

Muddydogs wrote:

mich800 wrote:

Muddydogs wrote:
Personally I think if you have to go through all this you probably shouldn't purchase an RV. Can you afford the monthly loan payment, insurance and storage fees? If so then everything else will work itself out. In the end are you putting a price on family fun and enjoying life because tomorrow you might not be around.

You don't need to purchase everything at once, a sewer hose, water hose and a few wood blocks will get you camping then other stuff can be acquired over time. Are you storing the unit under cover or purchasing a new unit? If so then you don't need to pay for a roof check twice a year for the first couple years and you can do the checking if you are able to get on the roof anyway.

That is crazy. Are you saying only the irresponsible use budgets? I was taught the opposite.

No, not sure how you pulled that out? Do you budget for home repairs? What happens if your washer dies tomorrow?

What I am saying is why budget for stuff 5 years down the road or more? If you can afford the initial costs and have enough money in your pocket to put gas in the truck to go camping without eating noodles all week then you are probably ok. A couple posts mentioned food costs, well you have to eat either way so why would that even be a consideration.

Not a good example about the washer. Your washer will not need routine things done like an RV will. And even for the costs of just tires for an RV in about 5 years or so, you can replace your washer/dryer set with a rela nice washer/dryer set. And yes, those that budget, generally set aside a budget or means or replacing things as they happen. Much different for replacing appliances that you almost is nearly a necessity (unless you have other means of washing clothes) and spending $20,000-100,000 on something that is not a necessity. Especially if you are spending every extra penny on the RV, storage and insurance. It leaves you with no operating costs. Now w ecan sit here and argue whether or not one should even consider doing it if it will stretch them out. But that's their personal choice. Many don't believe in financing. Many don't believe in paying to store it elsewhere. And many believe in budgeting and knowing where just about every cent is going. I've never heard a "financial guru" ever tell anyone not to do a budget...