Episode 31 of The Sailing Podcast is an interview with Bill and Judy Rouse of SV BeBe who share their spreadsheet summary of the costs of cruising.
Bill and Judy have been out on a circumnavigation for the past 6 years and during the entire trip Judy has meticulously kept an account of their expenses right down to the last penny. “Call me old fashioned” Judy says.
You can view their spreadsheet below which tracks the costs of cruising year by year as well as outlines the areas of the world they were cruising in when the costs were calculated. In addition to this you will find Bill’s piracy tracking chart from 2011 which led to their decision to freight their yacht from the Maldives to Turkey instead of risk a trip through the Red Sea and run the risk of a piracy attack.
We also hear about:
- How they tracked the costs of cruising and the different categories they popped their costs into,
- The issues involved with anchoring out versus staying at a Marina
- Boat insurance and why they use a French company to insure the boat
- Medical expenses – and whether to carry medical insurance or not?
We also talk about Piracy and in the middle of the interview we have Bill and Judy explain the piracy situation that they encountered during their circumnavigation. That added an expense of $34,000 into the year 5 budget, when they decided to freight their yacht from the Maldives to Turkey. Even more interesting is the chart Bill created to track piracy – which greatly influenced his decision not to sail to the Red Sea.
Click on the media player below to listen
Show Notes for the Costs of Cruising
Lets begin with the spreadsheet that details their costs:
I hope that everyone will appreciate the generosity of Bill and Judy Rouse for sharing some very personal information in the hope that others who plan to cruise, or are cruising will have a realistic idea of some of the costs involved.
As mentioned in the interview, you should take into account the lifestyle of Bill and Judy when looking at their costs, then have a think about your own lifestyle and about the lifestyle that you would want to have when cruising.
If you take their sample as a template, you can then extrapolate your own estimates and create your own cruising costs budget.
Here is the piracy chart that Bill Rouse created to help him evaluate the potential danger of heading by sail to the Red Sea in 2011. Below this chart are links to some of the resources (as best I could find) that Bill refers to during our interview:
Here are some of the resources Bill Rouse used for charting Piracy attacks:
- EUNavFor – European Union Naval Force for tracking piracy
- IMB piracy reporting center – International Maritime Bureau piracy reporting centre
- Noonsite piracy pages
- Indian Navy website
I would like to thank Bill and Judy for sharing their costs of cruising with us – it is great to find an accurate and honest account that we can all use to create our own budgets around. Judy also let me know that the Year 7 numbers will be available around August, when they get back to the boat so I will try and remind everyone when it is updated again.
You can find Bill and Judy at www.svbebe.com
If you are wondering how Bills health is, Judy has recently posted an update in the ‘heavy hearts’ section of their website and it appears that the surgery went really well and it sounds like they can soon return to their travels.
If you are interested in knowing some more information about the piracy attacks on Quest and ING, Judy also has posts about these tragic events in her ‘heavy hearts’ section of their website.
If you’ve enjoyed the interview don’t forget to pop over to svbebe.com and leave a thank you note to Bill and Judy on their website – I am sure they would appreciate that.
If you have enjoyed listening to The Sailing Podcast, please remember to pop over to iTunes and leave us a rating and a review on iTunes as it helps other people to find us if they are searching for a sailing podcast.
Thank you for joining us on our journey
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