November 21, 2011

Too Much Analysis?

I knocked off a few more items from my list that needed to get done. That's a good thing. A bad thing is I am starting to go back over all of my notes and spreadsheets and re-analyzing. Also looking at a different angle.  I wasn't having doubt but I was thinking over my finances, how much of my savings do I want to dip into either for a rv purchase or perhaps to live on.

I have read budgets on other blogs, I have looked at my budget and also my expenses that I have kept track of the past 10 years on an Excel spreadsheet. I have a feeling that I will spend more than I plan while on the road.  Sure, I can live like a hermit and keep all my expenses RVing as low as possible but I know there will always be something around the corner that will have to be fixed that is unexpected. Just like owning a house.

Would I be willing to workcamp a lot just to get myself on the road?  I don't think so. When I leave for fulltime, I will not be wanting to work. Volunteer...yes!  But not a job.  I have one of those now that pays quite well and a house that is close to being paid for. So I can't really justify leaving a job and a house to get on the road, only to go back to a job (workcamping) to be financially fit while traveling.  I cannot decide just how much of my savings I want to spend.

The ideal situation would be to sell my house, my sports car and all my furniture. Anything else give to goodwill. Then RV full-time. I might like keeping my house as a home base and RV part time, but I  am really the type that I go all the way or not at all....not 1/2 time.

I had an older relative tell me this past week, to rv full-time now, because by the time I am 70 (in 10.5 yrs) I may not have the good health to travel. Her sister and brother in-law have been RVing fulltime and this winter is their last time. Due to health issues they will be selling their 40' motorhome and moving into a family owned condo.

I have heard something to that effect from more than a few people.

My weakness is "over analyzation" and when that happens, I stand still without moving in either direction.

I am starting to think my preparation may be longer than I had planned a few weeks ago and my departure date not until May 2014.

Still, no matter what the departure date turns out to be, I think this bloodhound could sleep about anywhere.



4 comments:

  1. Sometimes the problem with an analytical mind is we tend to over analyze things. Sometimes to the point of confusing the issue beyond hope. At this point I have found it's best to step back and trust your gut and just go for it.

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  2. I think you're doing the right thing by thinking the process through. I agree that in ten years a lot of us might be house bound, and thank goodness we're enjoying fulltiming now. But everyone has different lives, and you'll know when you're ready. It's fun to plan, though, and read and research, and look at RVs, etc.

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  3. Shoeless Joe ... Point taken. Today at work my gut feelings came to the forefront as I posted just a few minutes ago.

    Texas Yellow Rose ... Good points. I guess as I got older, I found it hard to let go of things instead of doing what I wanted to do. Things being house, car, toys, etc.

    Me and My Dog ... It is fun to do all of those things and I have enjoyed it. I have spent more hours than I can believe planning, reading, studying, looking at RV's. I usually make a decision soon after my research, which I thought I did a few weeks ago, then nothing but excuses started showing up. Today at work, I realized that I am ready now to hit the road.

    ReplyDelete
  4. Shoeless Joe ... Point taken. Today at work my gut feelings came to the forefront as I posted just a few minutes ago.

    Texas Yellow Rose ... Good points. I guess as I got older, I found it hard to let go of things instead of doing what I wanted to do. Things being house, car, toys, etc.

    Me and My Dog ... It is fun to do all of those things and I have enjoyed it. I have spent more hours than I can believe planning, reading, studying, looking at RV's. I usually make a decision soon after my research, which I thought I did a few weeks ago, then nothing but excuses started showing up. Today at work, I realized that I am ready now to hit the road.

    ReplyDelete