Budgeting for the Trip

When planning their journeys, all three families kept open minds regarding expenses. Here is a breakdown of how they budgeted for the 6 month trip.

family matters
The Zani family's Fountaine Pajot Belize 43, Fabuloso.The Zani Family

When planning their journeys, all three families kept open minds regarding expenses. For the Smiths, the upfront costs of Rebecca's renovation lead to a near-zero expense for their maintenance over six months. However, as they were originally planning a 3-year journey, they did not make a short-term budget. In the end, their expenses were close to what the Gonsalveses spent aboard Meridian. All were surprised by the extra expense of travel (not listed in the accompanying sidebars) to and from the islands when they stepped off for work or flew in family members.

The Gonsalveses were the most fastidious in documenting their expenses. They amassed unaccounted and unexpected expenses for phones and communications, gifts and souvenirs, and travel when the owners came to use their boat.

Fabuloso: Budget and Actual Expenses for Six-Month Sabbatical

Expenditure Budget Actual
Boat maintenance $6000 $7200
Insurance $2000 $2500
Fuel $1500 $2400
Food (provisioning) $15000 $4800
Food (eating out) $6000 $3000
Alcohol $3000 $1500
Entertainment $1500 $3000
Gifts $0 $1800
Total $35000 $26200

Meridian: Actual Expenses for Six-Month Sabbatical

Expenditure Cost
Maintenance $8350
Insurance $5700
Dockage $1000
Mooring $370
Fuel $2550
Water $235
Propane $60
Food $4000+
Total $22265