How We Budget and Spend - Maintenance Costs for a Leopard 46 Catamaran
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- Опубликовано: 2 авг 2024
- Boats cost a lot to maintain. We divide those costs into categories so we can budget our expenses. That usually comes out to 6-8% of the value of the boat per year.
Our annual cruising budget video: • How we make money & Mo...
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Get Her on Board is about getting that significant other to buy into this cruising nonsense. People seem to like it. All proceeds go to our dog Sugar.
Audiobook: www.audible.com/pd/B00CIE9I1I...
Book:
www.amazon.com/dp/0578057298/...
Live on the Margin is about making money on the go trading stocks and options. I co-wrote it with Pat Schulte of Bumfuzzle. People seem to like that one too. All proceeds donated to our boat.
Audiobook: www.audible.com/pd/B00CMCGHPQ...
Book:
www.amazon.com/dp/0578116642/...
Audiobooks:
Bumfuzzle - Just out Looking for Pirates.
You know these guys, and now you know me, so have a listen.
www.audible.com/pd/B00CWJISRE...
Bound for Distant Seas, by James Baldwin
James is the real deal and this his story of adventure aboard a small, simple boat.
www.audible.com/pd/B015HQBDWU...
$350,000 46' leopard catamaran
$35,843 per year maintenance doing 80 or 90% of the work yourselves
$41,000 living expenses
Thanks for the insight, we better start saving hard. That's a lot of making coffee at home!
I watched this video (well done by the way) and my dream evaporated...
Sobering. Especially in light of you doing 80% of the work yourselves. Well done.
Not cheap....ugh
Any chance of getting a copy of your spreadsheet?
Great videos, thank you so much!
I'm currently working on a 440 Lagoon 05 Owner model.. 3 owner
Thank you for sharing this information. For those of us, including people like me who are still on the fence, this information is very helpful. I also very much appreciate your more thoughtful approach to monetizing your channel. There is a fine line to walk and I think you are doing it well. Some channels feel a bit crass in their constant request for tips so viewers can subsidize their lifestyles. On the other hand, good content deserves recognition, including recognizing the hard work put in to videos. I gave up on other sailing channels because it felt a bit more like watching young and beautiful people frolic and then ask for tips for the privilege. No disrespect intended , There is a time and place for that content as well. But your channel has a nice mix of education, information and entertainment. Well Done Sail Clarity Team.
Hey thanks. A fine line indeed. On the one hand we don't like the idea of begging or asking folks to support our frivolous lifestyle. On the other hand, this is indeed a lot of work and we are not trust fund kids or retired. So when someone kicks in a few bucks, they are really helping to prolong this little party we've got going. A win for everyone I think. But who knows what the future might bring. Heck, sure didn't see this season playing out like it seems to be! Be well Duncan.
This was really good, thanks! Always nice to see you two addressing things like this openly, honestly, and with a bit of humor, too. :-)
Great documentation of all of your expenses! It’s great to know all of your costs. I will have to continue to live vicariously through all of my great RUclips content providers! Stay safe and vigilant, looking forward to more videos!
Fantastic presentation about your electrics. Beautifully explained. Thank you so much.
You guys do a really great job of informing us about the various costs! Thanks!
Wow. Your professionalism is breathtaking. Wishing you all the best in your future cruising. Thank you very much.
It's always sobering when you break down the actual cost of everything 😳
We're trying to do much the same and tackle 90% of the boat work ourselves now, and rapidly learning how to do so. Nice to see such an honest break down of the costs.
Thanks and stay safe ⛵️🐾👌🏻
Yes, sobering for us too. It’s been our experience that typically the longer you are in this game, the more you end up doing yourself. Not just less expensive, but better quality work oftentimes. Good luck on the journey! Thanks for the note.
WOW, great data! Thank you for putting this out, most do not. Keep up the good work and stay healthy.
THANK YOU!! We love sharing our experience. Hope you stay safe too!
Thank you guys. Great video and info. You do it right! Well done.
Great in depth analysis of your costs. Living the dream doesn't come cheap! Great content. Stay healthy and stay safe.👍
Thank you Ed. Will do our best!
I appreciate how you guys share the load of camera time, a lot of other channels it’s either one or the other squawking away but I love your dynamic. Nice work.
Thanks Jon. We've been together a loooooooooonggggg time. LOL
Great video thanks! It is now integrated in my budget spreasheet 😊
Thanks so much for these budget breakdown videos. You two are always a pleasure to watch.
Thank you!!! Glad you like it.
Great breakdown of expenses! Love the tip on the washing machine. Will be looking at that when we return to our boat. We are in BC Canada, boat in Florida. Hopefully be cruising in the Bahamas after Feb. Fingers crossed! Cheers and Merry Christmas!
Hey, thank you so much for another great video. Uplifting and fun to watch as always and also filled with tons of interesting info. Love what you're doing❣️❣️
Our pleasure, thank you for the kind note!
The information you detailed on your search and ultimate purchase was amazing. I also was appreciative of you revealing your annual budgeted maintenance costs and really admire the both of you. Thanks for educating viewers of so much to be aware of if contemplating a leap into living on a Cat, or other type sailing vessel. Hope your family are safe and healthy. God Bless!
Mark
Las Vegas, Nv.
Thank you Mark so grateful for your kind note. We love sharing and helping others understand what it takes before they make the big jump.
You two make a good team. You enjoy each other's company, you respect each other, neither dominates. Great couple.
I was thinking the same, it's so noticeable at the intro of this episode as you both take turns on the commentary and presentation, almost like watching a news anchor team. Sailing Ruby Rose and Ran Sailing couples (great channels btw), have same style as you guys, but have to say you both are a bit more polished.
Such good data to have especially for me because I am planning on getting into sailing in the next 5 years. Thanks so much!
Awesome! I hope we are still out there!
You guys are just ridiculously likable and easy to relate to. Always enjoy your videos. Stay safe out there!
Wow, thank you. Mom always said we should be ourselves. Lol
Very informative, thank you, I am actually looking at buying a catamaran soon for me and my family.
You guys make it look easy and fun while explaining the difficulties and expenses. A superb job of defining the responsibilities ( and joy) of owning (and maintaining) a sail boat. "" Blue Skies and Tailwinds".... as they say in Aviation.
You guys, helping the rest of us to keep going! Life in lockdown is so unpleasant. It looks wonderful where you are but I know you’re in just as much difficulty. Love you’re positive attitude, something I will try to aspire to. Best wishes from 🇬🇧.
Thank you David, this is really something but we are all in this together and will get through it. Hopefully soon! We were joking about trying to re-make "Groundhog's Day" but it was too much. It does feel like we're all in that movie though doesn't it?
Back in the States now. Your videos are great as they are the most accurate views of a cruiser’s life I have seen. Your professionalism in front of the camera shines through. It’s been a tough year, but glad to know you are making the most of it.
Thank you so much, so appreciate the good vibes and happy you made it back to the States safe and sound. Yeah, tough year for sure, trusting it will get better soon!
Thank you both! Just love your videos even though I don’t own a sailboat, but love to sail!
You're welcome, glad you like them! We appreciate you watching and sending a note. Sailing is awesome.
Great episode, thank you for the information. Stay safe!
Thanks, you too!
The O'Kellys KILLING THE GAME AGAIN!!! This is great practical info guys! Thank you so much for the detail and the candor. You guys seriously rock!
Thanks Timm. Hoping we can help folks do it for real! The maintenance is part of the game. Hope all is well with you!
Greatly informative and appreciated!
Thanks for another awesome video
Timmy
Appreciate your appreciation! Thanks Timmy
A very interesting video and I love your budget breakdown. You really do look after your boat well. Stay safe, stay healthy and Nick I hope that your eye gets better. Safe sailing North. Megan, as usual I love all your sewing work.
Thanks Vee. You stay healthy and safe too!
Great info. Thank you for sharing your info
Thanks you two that is a breath of fresh air and a reality check on the cost of boating. A couple of things that I didn't hear you mention, insurance, mooring and slip costs and engine/generator replacement.
This was just maintenance. Moorage and insurance will vary drastically based on where you are and we covered that in the referenced video from last year. Genset replacement? Ours won' be replaced. In fact we will be getting rid of it when we can. No need for it. Thanks for the note Roger.
Just found your channel and find your frankness & openness inspiring. Unfortunately I will never be able to realise my dreams of following anywhere near your path in life but watching you two enjoy such a fantastic lifestyle is truly hear warming. From an old would be sailer in the UK I wish you fair winds & calm seas. 😊
thanks for the note Dave. Glad to bring some value with these videos. Best to you as well.
You guys are so analytical..very helpful and inspiring..real and familiar..much love. Stay clean and safe...
Aww thank you so much Marc, we really appreciate you taking the time to watch and send us good vibes. All the best to you, stay safe!
Great video, nice to know what to expect on cost, sailing. Thanks much.
Glad it was helpful Norm. Thanks for the note
Another informative vlog guys. Its a good feeling for us fans that you make us feel inclusive in your journey. Stay safe and healthy!
Tim, thank you, and it works both ways....we are getting a lot of energy and motivation for everyone. Feels like we’ve got purpose and community, which really helps....especially these days. Thank you!
Really love this channel always inspired... God bless both of you
Thank you so much :-) so appreciate the good vibes. All the best to you!
Thank you for that great information. Hope and strength to you and yours
Thank you James, hope and strength to you and yours and everyone! We will get through this and we will be stronger.
Wow - Great information and presented in a top notch way, as usual.This is the detailed stuff that so many cruising want-to-be's and/or plan-to-be's really want and need to know about. Thank you so much for this video. I also really like the video's of the actual sailing, sail handling, anchoring, route and weather planning. You guys are the tops and I love your boat too.
thanks Steve! Appreciate that. It's hard when you live it every day to think of what might be interesting, but then we are doing something like the budget and it occurs to us....hey this is always way more than we expect! LOL. Anyway, appreciate your kind words. We are very lucky to have Clarity
Excellent information so well presented. Thanks for sharing, Stay safe.
Thank you. We will try.
Best video of reality of the costs. Hands down. Thank you.
Thank you for the honesty!
Really good video and it was nice to see Megan taking such a prominent role in presenting the information. Amazingly valuable and enlightening info. for anyone considering cruising in a well equipped cat.
Aww thank you, appreciate that compliment :-)!
You guys are the best at explaining expenses and real expectations of boat ownership. Continued Health and the time to enjoy it.
Thanks Carlos. Best to you as well!
Great video! Someone once said, “you can always make more money but you can’t make more time.” And I think about that a lot Nick. Thanks! It was you, of course. We were planning our first extended cruise (would have shoved off about 10 days ago) but of course it has been temporarily sidelined due to the Pandemic. We’ll get there! Thanks again for your videos and inspirations, and stay safe!
I love it. Such a solid truth, eh? Here's one that didn't make the book: time is all we really possess. So if our coming months are spent in brown water instead of clear, I refuse to be bummed about it. I am going to find a way to enjoy. Otherwise it will have been wasted time. The only one that can take that from me is...me. Thanks for checking in and I hope our paths cross next season.
Each day I’m becoming closer to being a slacker!
@@TheOKellys Amen, brother! There is a positive to every situation (and I have been in what most people would call some bad situations) Brown water is still better than no water. My joy is my joy. No-one can take that from me.
Great breakdown, as you say the more DIY the lower the costs. Enjoy the warm weather and sunshine.
And you have a much better chance of getting it done right. Thanks Nick!
"Nick, they want to see your eyes!" LOL yes! The first video I ever watched from you guys was when you went looking at catamarans and Nick had sunglasses on the whole time. Your numbers pretty much match up with ours-the first time we had a quote for an oil change on our Yanmar 29's it was $1300-breathtaking...
lol, glad you got the reference ;-) thanks for the note! Appreciate hearing that our numbers match with yours.
You are very generous with your information. Thank you, Lovely couple.
Thank you too!
Absolutely top video! All your videos are good but this was a superb presentation and so clear on every aspect. I spent many years in the Caribbean wrestling with a big monohull, it was very satisfying getting jobs done but also sailing and having fun. Now do some cruising!
That's really nice to hear Russell. Wrestling. Now that's a good word for working with/on boats! Certainly end up bruised and battered sometimes! LOL
Excellent content, you guys are expert in your game and your hands on approach is huge inspiration for the hopeful among us. Just side note, I'd assume working together goes miles more than just saving cost but also what a nice way to spend time together.
Very well done on your budgeting. The financial analyst in me couldn't pass here without suggesting the big multi annual items to be budgeted with inflation rate.
The wife and I are catamaran shopping right now. You guys' content is fabulous. Very helpful. We are blessed with an early retirement , and rather comfortable fixed income. In choosing between a monohull or cat, your content has been some of the best we have come across.
Hey thanks Jason. Hope we see you out there.
very helpfool and interesting information, presentation is well done good quality of sound, wishing you a nice trip
Many thanks!
Thanks great work
We found it costs every cent we have! Whatever that is we have that’s what it cost .
Great work
Thank you for all this cool videos , you look like a really great couple 👏 i’m learning and hoping one day i could have my boat ⛵️
Thank you so much, you can do it!
Thorough and well explained, thank you!
Appreciate that. thank you!
Thank you for all the awesome info.
Our pleasure!
Absolutely the best channel on RUclips. I look forward to every new post.
You are too kind. We are so glad to be of value.
Thanks you’re terrific people
Great information and data! Thanks for sharing.
Our pleasure!
Just watched your channel for the first time. Loved this! Thanks for sharing the true cost of living full time on your sailboat.
Welcome aboard! So happy you found us, appreciate you sending us a note :-).
Thank one for sharing.
Great video. After this is all over I plan on moving to the west coast to liveaboard. Thanks for the info on maintenance costs.
Awesome. Have fun! See you out there!
Thanks for outlining the budget, interesting but dont know why i watched
It as i dont have a boat and after watching this i,m sure i never will.
Love your content on my third video now, thanks for your efforts
This was an excellent video, very informative. Thanks.
Very welcome, thanks for watching and leaving a note!
stay safe you two!!! you guys are living the dream!
Thank you so fun to bring you along!!
Great summary. Like a lot of things in life boats require your time, your money or both. Best change/upgrade we made on our live-aboard cat was to go to a foam covered hard dingy called an OCTender. Allowed us to continue to use our old 15hp engine as it planes way better than a RIB. Now consume 1/2 the fuel as before also as it is not at full throttle very often is an added bonus. Plus we are usually the only boat in the anchorage with one.
Jealous Brett, the OC tender is SO cool! We would have gotten one but there was a backlog until May. Had we known about Covid in January we would have waited. We’re quite happy with our Highfield and the 30hp though. Thanks for your note!
Another great video you guys. Before you replace your window seals watch the video by the Wynn’s (Gone with the Wynn’s). They also have a Leopard Catamaran. It was a really messy project, and they gave good tips. Hope you both are safe.
We’ve done the forward windows already. We are pros. Lol
Thank you so much guys for the clear and real numbers. It must be a little uncomfortable to share financial stuff but it is so helpful to prospective cruisers trying to plan.
Our pleasure, we love being helpful! If you like numbers, we shared our RUclips and podcast stats on today's podcast - traffic.libsyn.com/sailclarity/UTS_FINISHED_04152020.mp3
Great video - It has been decades when I ran a great mono hull - but we always ran about 10% of boat value. My experience was when the yacht got to $1m the cost was a bit less than 10%. All the best to you
Thanks for the affirming note. People don’t believe the 10%, which can be a little less for the DIYer, but now four boats....pretty much the average.
Great video! Hope to see you out there one day.
Thanks Eddie, I hope we see you!
Awesome video - loved how you explained it all.
Glad you liked it!
Thanks, Nick and Megs. Really informative video. Nick, take care of yourself, buddy. I need more weather instruction. Megs, are you up for a cooking video onboard Clarity? Maybe one of your favorite recipes? We love you guys! PS. Don't forget to mention your podcasts on your video. -Darin
Darin! Thanks man! Appreciate it! Yes, we are trying to figure out what direction to point the bows in and that will have a big impact on what kind of videos follow! Weather stuff definitely on the way if have to pack it in for the hurricane season. Megan's cooking show needs to happen regardless! Appreciate the note and the very very generous contribution!
Excellent data rich video. Thank you!
you got it!
Right on you two, "Simple Green" all purpose greaser cleaner!
Thanks for sharing. extremely useful information
Glad it was helpful!
New subscriber.. i am currently binge watching your videos. While i cant afford your boat.. I am currently LOOKING for A sail boat.. after this little virus stops scaring the gov and we open back up.. i plan on taking sailing classes and learning to sail. So glad there are videos like yours to allow me to get to know the boating good and the boating bad.
Hey that is awesome. Youtbe is a great resource for learning. Get out on that boat! See you out there!
Thank you all for producing some extremely interesting and detailed videos. Well I want to sell myself it helps me gain clarity on what I need to do to get there
thank you. you are greate
Thank you for sharing, I have decided to stay on land.
Great video, this really helps on setting up my own budget as I just retired and am trying to figure out what boat I can afford.
Right on. Glad to help. Congrats on retirement!
Good information to know. Thanks for sharing.
Our pleasure!
Nice.... Love all your vids.. Keep sailing..
Gonna try! Thank you!
Good info. Thanks
Love the honesty! Was looking at picking up Leopard 46 but need more money if we wana stay safe at sea. Thank you again! If your ever in oahu hit me up for a bit.
Glad I found your channel, we currently have a flying RUclips channel but are considering sailing (never done it before) when we retire, now we have some real life data for budgeting, thanks again for your transparency!!!
interesting, last summer I was thinking of starting a flying channel! Lot of pilots out here. When the mess settles, come on out!
@@TheOKellys
We flew from Kansas to the Bahamas last year end of June 2019; Bucket List Item!! in Cessna 182 and we loved it, I was a little apprehensive as I have only been flying for a couple of years (late bloomer) We re-watch some of our videos, longing to go back! And maybe see the Bahamas from a different perspective....Just "subbed" to your channel, like y'alls interaction!!!
Lotta little planes in the water out here.... SEL and instrument in ‘92 myself. Nothing beats a boat for these islands. It is like another planet. Glad to have ya with us!
The O'Kelly's
SEL in 2017 @ 60
IFR in 2018 @ 61
Should have started SOONER!!!
Nice to see you guys again. Wow talk about BOAT, bust out another thousand. Excellent piece on true cost of ownership, defo agree spend on preventative care. Stay safe and especially healthy. 👍👏🇬🇧
Thank you David, great to hear from you. Hope you are doing great!
Another great video guys. Prices are also regional. I find USA prices really high compared to our part of the world. Yes a boat part is a boat part but labour, haul outs etc In many parts of the world are half what you pay there. I mean for my Leopard 40 I am in the process of redoing all the standing rigging for $3800 and this is from the factory rigging company in South Africa. I was told that this would cost $10000 in the US.
Wow....they advise that 10% of value is standard BUT they don’t say that you do the work yourself . Great insight. Thanks
wow eye opener excellent advice thank you!
You’re welcome, happy to share!
Thanks for thanking me for watching your video. All my life I’ve been careful with money. I could now afford a boat as featured but unfortunately I’m geared for being careful - so I’m going to be getting a much smaller boat - more like the dingy shown.
Super informative!! Reality = Clarity for us armchair someday cruisers. Thanks again for hosting such a great channel.
Great to hear and thanks to you for tuning in!
Great video and thank you
Glad you enjoyed it
I love your content... I love your style... Keep it up (please).
Thank you so much, that means a lot, we will do our best to keep going!
I believe the most important is your time ,the time it took you guys the hours saved your hands on not contractor time , probably the greatest savings of all the sewing and sail ,and the maintenance besides upgrades , of all the podcasts and videos I've seen their sailing adventures are not as smooth as you guys , but your the only team with a meteorologist on board , ,you guys are great , and a great team , I so enjoy watching and learning
Wow Brian, thank you so much! 28 years of team work/practice pays off! So happy to have you along for the adventure.
Thanks for sharing !
Sure thing!
These breakdowns are the best for us newbies wanting to learn. Any tech or how to videos would be good to. I liked having the explanation of what the Code 0 was for, thanks!
Thanks Chad. Really glad you found it useful. We will tech it up here soon!
That megayatch gobble your annual budget in less than 24 hours. I love how you manage your maintenance.
Lol. That helicopter burns our annual fuel in an hour. No joke
The O'Kelly's never mind all the other ridiculous expenses like the crew salary for 10-30 people, or the $30,000 a month they spend on data xD. But hey, that’s their money that they worked their asses off for so whatever they want to spend on something that they find enjoyable or relaxing is fair enough 🤷🏼♂️. I would never want the jobs they have if only because of the stress that comes with the type of job you need to have to be able to afford those yachts so they can keep them :p
Another great vid guys. Stay safe.
Thanks! You too!