S2E15 big update on the status of boat projects (Dominican Republic)

March 09, 2024 by Sailing Artha | Language: EN Play Time: 00:15:35 | SAILING YOUTUBERS

Here’s a breakdown of my budget and boat projects:
Boat Expenses:

Hull: $1461
Rudder: $200
Rigging: $5000
Diesel: $1577
Plumbing: $1574
Electrical: $5768
Instruments: $583
Other: $1156
Shipping: $1440
TOTAL: $18,800

Funding:

$3000 from an anonymous donor, which covered 3/5 of my electrical expenses
$5500 from an anonymous donor, which covered my new diesel bladder bag, the new rigging including the roller furler, plus a portion of the epoxy and barrier coat
$5500 from selling my old boat, which covered the compost toilet, Coppercoat, my Honda Chaly (which I will sell later on), Starlink, motor-related purchases, and shipping fees
$1400 assistance from my parents to get remaining mast equipment while the mast is out
TOTAL: $14,000

I’m making about $1500 from Patreon and YouTube. I spend about $500/month on myself (food, laundry, water, bills, dining, misc). I spend about $600 on yard fees and the boat payment. The remaining $400 goes towards the boat and over the past six months, that has totaled up to be about $2800. I also did some sewing projects, which got me another $700. This brings the $14,000 to about $17,500.
Boat Payment - purchase price of $25,000 (negotiated down from $45,000)

I got $3700 from the GoFundMe that my friend set up, which covered the boat’s down payment. Since July, I’ve paid an additional ~$1580, bringing the loan to below $20,000.

Anticipated Expenses:

Maybe another $5,000? I still need to cover the cost of the labor repairs for the rudder, plus the materials and labor repairs to the bowsprit and bumpkin, and also the cost of running rigging. And who knows what else will come up :)

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