Well sort of. We have now been at the same campgroud for over a month and for the most part we have enjoyed our time here. While Mrs. RVF continues working her full time job I have spent most of my time doing strenious activities like hiking, fishing, vehicle maintenance and tending to our new mini dividend portfolio.
One thing you get to see when you are at a campgroud for an extended period of time, as opposed to just overnighting or stopping for a weekend stay, is the business side of running a campground. The daily chores, maintenance, unexpected problems, contractor delays and the never ending projects that campground owners work so hard to complete in order to better their property. All of this is going on while at the same time trying not to disrupt service or create a negative experience for their customers. It’s a delicate balance and as much fun as it sounds like it would be to own a campground it really is a tough business.
Continue reading “We Got A Job!”
May was a relatively quiet month which was a nice change of pace from what we have experienced over the last few months. It feels like we are settling into a new routine and we have been able to enjoy more time in the outdoors. We did a few hiking trips this month, two of which were in Bryce Canyon National Park, and I have been going up to our favorite lake a couple of days a week to fish with our son and my dad. At this point the most difficult thing to deal with is helping family understand we are not on vacation and we can’t go out to dinner every night or stay up late and play cards. Mrs. RVF still insists on continuing to work so we still have a schedule to keep for the time being.
Continue reading “May 2021 Financial Update”
The month of April came and went in what seemed to be a flash and we are happy it is over. The month began with us still being stuck camping in a bodyshop parking lot as repairs continued on our RV. Once the wonderful folks at M&M Coach completed the work it was time for us to head to South Dakota so we could complete the process of becoming residents.
Of course everything we hoped to avoid on our journey to and from South Dakota ended up happening. And why not since Murphy’s Law seems to be our copilot and trial by fire is the gauntlet we apparently have to run through in order to live this amazing life.
We hit below freezing temps, snow and heavy winds pretty much every single day in Utah, Wyoming and South Dakota. Just the week before these same places were enjoying sunny 80 degree days but now it’s snowing in the middle of April. We made sure to fill our water tanks every chance we got because several campgrounds were unable to turn on their water due to the risk of the pipes freezing. This also meant we had to ration water because getting more would require breaking down camp and driving the RV somewhere in snowing conditions to refill the tank. No thank you!
Continue reading “April 2021 Financial Update”
To us one of the essential parts of becoming full time RV’ers was to establish residency, or domicile, in a state other than California. This is something most full timers do if they no longer intend to have a permanent residence or home base in a state. There are several reasons both financially and logistically to take this step and although it takes a little bit of work it is a fairly easy process and well worth the time.
When it comes to full time travelers some states are more beneficial than others. Have you ever noticed that many RV’s on the road are to be registered in South Dakota, Texas or Florida? This is because these three states are considered full time friendly states and make it very easy to become residents even though you don’t intend on being in the state most of the time. Another thing these three states have in common is they have an income tax rate of ZERO!! That’s right, if you are a resident of one of these three states you do not have to pay a state income tax. Contrast that with California who has one of the highest state tax rates in the nation and you can start to understand our motivation for getting out of the state. Continue reading “Becoming South Dakota Residents”
There is not much more that can be said about our current situation than we outlined in our previous blog. The good news is that there is now light at the end of the tunnel and we are taking everything one day at a time.
Financially the month of March was pretty good considering we had a large cash outlay to pay off our son’s first year of college. Due to this expense we expected that we would, at the very least, have a negative month. We were really just hoping it wasn’t too negative. Throughout the month the markets were very choppy due to rising yields, inflation concerns and of course covid-19. In the end some positive news pushed the markets up and much to our surprise we were able to squeak out a small gain. Continue reading “March 2021 Financial Update”
I don’t know about you, but I remember the days when you could earn some interest on your cash. This is definitely not the case in today’s
low no interest rate environment.
Back in the 90’s and early 00’s we had a cash account with a brokerage where we parked our emergency cash fund. Our balance back then was about $35k and we would happily earn about $75 a month in interest. It wasn’t crazy money but it was better than a bank savings account and was still liquid should an emergency arise. We at least felt like the money wasn’t getting killed by inflation while it was protecting us from unforeseen events. Continue reading “What To Do With Cash Now?”
We are one week into living the RV life and to say the last month has been a whirlwind would be a drastic understatement. After getting everything loaded up and driving to our first stop we looked around and saw a giant mess. It looked insurmountable at first, but once we started tackling each area of our storage we became more encouraged as we cleared out bag after bag of our belongings. It turns out we had a lot more stuff left than we realized but after a week of organizing and adjusting to a new routine we feel a lot more at home. Continue reading “February 2021 Financial Update”
We did it! After years of planning, saving, investing, researching and pandemic delays we are finally living in our RV as full timers. There is still a lot to do but the hard part is done now that we took the leap and made it to the other side. It’s wonderful to say we actually achieved a long term goal and hopefully our journey will help inspire others to do the same.
We all have goals in life. Some people write them out or track them in one form or another while others just keep a mental note of things they would love to do and call it a goal. Typically those that track their goals are actually working in some fashion to achieve them while those keeping a mental note are mostly just dreaming about it. I call it the “maybe someday” syndrome, which is something we suffered from for many years. Continue reading “New Beginnings On The Open Road”
We are entering the final week of living in our old sticks and bricks house. It’s been a great place, but we knew it was never going to be our final home. The excitement of finally living in our RV full time far outweighs any emotions of leaving the house and to be honest there really aren’t any emotions about leaving. It’s a great house in a great location but it’s just not us and never has been.
It’s amazing what we have been able to accomplish in the last three weeks. We have sold nearly all of our possessions including our furniture, dishes, cookware, everything in our garage including a car and some of my musical equipment. There have also been some bumps in the road along the way but we have managed to figure out a solution and move along. Continue reading “From House To Home”
Events are evolving quickly in the RVF household. In January we put our house on the market and it sold in just two days, read about it here. We are now in full blown sell everything mode as we have to be out of the house in just a couple of weeks. It’s looking like we will need every minute of that time to clear out.
Of course when you sell your home and move into a RV you need a place to go. Since we need to stay in the area for a few more weeks we were able to make reservations at a not so local RV park. It’s going to cost more than we planned on spending but options were limited for a monthly space in our area. As my dad would always say “any port in a storm”. We plan to spend the next month tying up loose ends like filing our taxes, winding down our business and getting organized and adjusted to full time RV living. Continue reading “January 2021 Financial Update”