How We Budget and Spend - Maintenance Costs for a Leopard 46 Catamaran

Рет қаралды 140,068

Күн бұрын

Boats cost a lot to maintain. We divide those costs into categories so we can budget our expenses. That usually comes out to 6-8% of the value of the boat per year.
Our annual cruising budget video: • How we make money & Mo...
iTunes Podcast: podcasts.apple.com/us/podcast...
Private Fb Group: / 475364229906600
Amazon Affiliate and products we use: www.amazon.com/shop/nickokelly
Consulting: www.sailclarity.com/consulting
Squarespace 14 day free trial: squarespace.syuh.net/AvmDj
___
Nick's Books and Audiobooks:
Get Her on Board is about getting that significant other to buy into this cruising nonsense. People seem to like it. All proceeds go to our dog Sugar.
Audiobook: www.audible.com/pd/B00CIE9I1I...
Book:
www.amazon.com/dp/0578057298/...
Live on the Margin is about making money on the go trading stocks and options. I co-wrote it with Pat Schulte of Bumfuzzle. People seem to like that one too. All proceeds donated to our boat.
Audiobook: www.audible.com/pd/B00CMCGHPQ...
Book:
www.amazon.com/dp/0578116642/...
Audiobooks:
Bumfuzzle - Just out Looking for Pirates.
You know these guys, and now you know me, so have a listen.
www.audible.com/pd/B00CWJISRE...
Bound for Distant Seas, by James Baldwin
James is the real deal and this his story of adventure aboard a small, simple boat.
www.audible.com/pd/B015HQBDWU...

Пікірлер: 570

@TDubya811 2 жыл бұрын

$350,000 46' leopard catamaran $35,843 per year maintenance doing 80 or 90% of the work yourselves $41,000 living expenses Thanks for the insight, we better start saving hard. That's a lot of making coffee at home!

@vondenballs 3 жыл бұрын

I watched this video (well done by the way) and my dream evaporated...

@johnrichard6802 4 жыл бұрын

Sobering. Especially in light of you doing 80% of the work yourselves. Well done.

@TheOKellys 4 жыл бұрын

Not cheap....ugh

@corporateair4853 2 жыл бұрын

Any chance of getting a copy of your spreadsheet? Great videos, thank you so much! I'm currently working on a 440 Lagoon 05 Owner model.. 3 owner

@duncanmunn5015 4 жыл бұрын

Thank you for sharing this information. For those of us, including people like me who are still on the fence, this information is very helpful. I also very much appreciate your more thoughtful approach to monetizing your channel. There is a fine line to walk and I think you are doing it well. Some channels feel a bit crass in their constant request for tips so viewers can subsidize their lifestyles. On the other hand, good content deserves recognition, including recognizing the hard work put in to videos. I gave up on other sailing channels because it felt a bit more like watching young and beautiful people frolic and then ask for tips for the privilege. No disrespect intended , There is a time and place for that content as well. But your channel has a nice mix of education, information and entertainment. Well Done Sail Clarity Team.

@TheOKellys 4 жыл бұрын

Hey thanks. A fine line indeed. On the one hand we don't like the idea of begging or asking folks to support our frivolous lifestyle. On the other hand, this is indeed a lot of work and we are not trust fund kids or retired. So when someone kicks in a few bucks, they are really helping to prolong this little party we've got going. A win for everyone I think. But who knows what the future might bring. Heck, sure didn't see this season playing out like it seems to be! Be well Duncan.

@CadohaAdventures 4 жыл бұрын

It's always sobering when you break down the actual cost of everything 😳 We're trying to do much the same and tackle 90% of the boat work ourselves now, and rapidly learning how to do so. Nice to see such an honest break down of the costs. Thanks and stay safe ⛵️🐾👌🏻

@TheOKellys 4 жыл бұрын

Yes, sobering for us too. It’s been our experience that typically the longer you are in this game, the more you end up doing yourself. Not just less expensive, but better quality work oftentimes. Good luck on the journey! Thanks for the note.

@Jungleman707 4 жыл бұрын

You two make a good team. You enjoy each other's company, you respect each other, neither dominates. Great couple.

@michaeldouglas6872 3 жыл бұрын

I was thinking the same, it's so noticeable at the intro of this episode as you both take turns on the commentary and presentation, almost like watching a news anchor team. Sailing Ruby Rose and Ran Sailing couples (great channels btw), have same style as you guys, but have to say you both are a bit more polished.

@SnowSkiingIsLife 4 жыл бұрын

This was really good, thanks! Always nice to see you two addressing things like this openly, honestly, and with a bit of humor, too. :-)

@island7458 4 жыл бұрын

WOW, great data! Thank you for putting this out, most do not. Keep up the good work and stay healthy.

@TheOKellys 4 жыл бұрын

THANK YOU!! We love sharing our experience. Hope you stay safe too!

@retromototoys 4 жыл бұрын

You guys do a really great job of informing us about the various costs! Thanks!

@loahyvalley9797 4 жыл бұрын

Hey, thank you so much for another great video. Uplifting and fun to watch as always and also filled with tons of interesting info. Love what you're doing❣️❣️

@TheOKellys 4 жыл бұрын

Our pleasure, thank you for the kind note!

@paulpatton5093 4 жыл бұрын

Great documentation of all of your expenses! It’s great to know all of your costs. I will have to continue to live vicariously through all of my great KZfaq content providers! Stay safe and vigilant, looking forward to more videos!

@williamuk8279 3 жыл бұрын

Wow. Your professionalism is breathtaking. Wishing you all the best in your future cruising. Thank you very much.

@justfly2525 4 жыл бұрын

Thanks so much for these budget breakdown videos. You two are always a pleasure to watch.

@TheOKellys 4 жыл бұрын

Thank you!!! Glad you like it.

@rgtllc9959 4 жыл бұрын

Fantastic presentation about your electrics. Beautifully explained. Thank you so much.

@johnrobin4962 3 жыл бұрын

Great breakdown of expenses! Love the tip on the washing machine. Will be looking at that when we return to our boat. We are in BC Canada, boat in Florida. Hopefully be cruising in the Bahamas after Feb. Fingers crossed! Cheers and Merry Christmas!

@roberthaberkorn7930 4 жыл бұрын

You guys are just ridiculously likable and easy to relate to. Always enjoy your videos. Stay safe out there!

@TheOKellys 4 жыл бұрын

Wow, thank you. Mom always said we should be ourselves. Lol

@markzap5131 4 жыл бұрын

The information you detailed on your search and ultimate purchase was amazing. I also was appreciative of you revealing your annual budgeted maintenance costs and really admire the both of you. Thanks for educating viewers of so much to be aware of if contemplating a leap into living on a Cat, or other type sailing vessel. Hope your family are safe and healthy. God Bless! Mark Las Vegas, Nv.

@TheOKellys 4 жыл бұрын

Thank you Mark so grateful for your kind note. We love sharing and helping others understand what it takes before they make the big jump.

@jonwhite3265 4 жыл бұрын

I appreciate how you guys share the load of camera time, a lot of other channels it’s either one or the other squawking away but I love your dynamic. Nice work.

@TheOKellys 4 жыл бұрын

Thanks Jon. We've been together a loooooooooonggggg time. LOL

@rexriver1 4 жыл бұрын

Great in depth analysis of your costs. Living the dream doesn't come cheap! Great content. Stay healthy and stay safe.👍

@TheOKellys 4 жыл бұрын

Thank you Ed. Will do our best!

@johndrpich403 4 жыл бұрын

Thank you guys. Great video and info. You do it right! Well done.

@GeorgiaSlayrz 4 жыл бұрын

Such good data to have especially for me because I am planning on getting into sailing in the next 5 years. Thanks so much!

@TheOKellys 4 жыл бұрын

Awesome! I hope we are still out there!

@ddehaan53 4 жыл бұрын

Absolutely the best channel on KZfaq. I look forward to every new post.

@TheOKellys 4 жыл бұрын

You are too kind. We are so glad to be of value.

@jodymooney255 4 жыл бұрын

Thank you both! Just love your videos even though I don’t own a sailboat, but love to sail!

@TheOKellys 4 жыл бұрын

You're welcome, glad you like them! We appreciate you watching and sending a note. Sailing is awesome.

@windmedic 4 жыл бұрын

You guys are so analytical..very helpful and inspiring..real and familiar..much love. Stay clean and safe...

@TheOKellys 4 жыл бұрын

Aww thank you so much Marc, we really appreciate you taking the time to watch and send us good vibes. All the best to you, stay safe!

@mrrustygray 2 жыл бұрын

Best video of reality of the costs. Hands down. Thank you.

@timwoods603 4 жыл бұрын

Another informative vlog guys. Its a good feeling for us fans that you make us feel inclusive in your journey. Stay safe and healthy!

@TheOKellys 4 жыл бұрын

Tim, thank you, and it works both ways....we are getting a lot of energy and motivation for everyone. Feels like we’ve got purpose and community, which really helps....especially these days. Thank you!

@deniscloutier383 3 жыл бұрын

Great video thanks! It is now integrated in my budget spreasheet 😊

@Omazon-tz9ku 3 жыл бұрын

You guys make it look easy and fun while explaining the difficulties and expenses. A superb job of defining the responsibilities ( and joy) of owning (and maintaining) a sail boat. "" Blue Skies and Tailwinds".... as they say in Aviation.

@loriley347 4 жыл бұрын

Thanks for outlining the budget, interesting but dont know why i watched It as i dont have a boat and after watching this i,m sure i never will.

@zetetimm 4 жыл бұрын

The O'Kellys KILLING THE GAME AGAIN!!! This is great practical info guys! Thank you so much for the detail and the candor. You guys seriously rock!

@TheOKellys 4 жыл бұрын

Thanks Timm. Hoping we can help folks do it for real! The maintenance is part of the game. Hope all is well with you!

@Investor_2000 4 жыл бұрын

You guys, helping the rest of us to keep going! Life in lockdown is so unpleasant. It looks wonderful where you are but I know you’re in just as much difficulty. Love you’re positive attitude, something I will try to aspire to. Best wishes from 🇬🇧.

@TheOKellys 4 жыл бұрын

Thank you David, this is really something but we are all in this together and will get through it. Hopefully soon! We were joking about trying to re-make "Groundhog's Day" but it was too much. It does feel like we're all in that movie though doesn't it?

@Vee-zx6eh 4 жыл бұрын

A very interesting video and I love your budget breakdown. You really do look after your boat well. Stay safe, stay healthy and Nick I hope that your eye gets better. Safe sailing North. Megan, as usual I love all your sewing work.

@TheOKellys 4 жыл бұрын

Thanks Vee. You stay healthy and safe too!

@mlua02 4 жыл бұрын

Very informative, thank you, I am actually looking at buying a catamaran soon for me and my family.

@tinaalbers1466 4 жыл бұрын

Great episode, thank you for the information. Stay safe!

@TheOKellys 4 жыл бұрын

Thanks, you too!

@MrDavewoolley 3 жыл бұрын

Just found your channel and find your frankness & openness inspiring. Unfortunately I will never be able to realise my dreams of following anywhere near your path in life but watching you two enjoy such a fantastic lifestyle is truly hear warming. From an old would be sailer in the UK I wish you fair winds & calm seas. 😊

@TheOKellys 3 жыл бұрын

thanks for the note Dave. Glad to bring some value with these videos. Best to you as well.

@CarlosHernandez-yy8ic 4 жыл бұрын

You guys are the best at explaining expenses and real expectations of boat ownership. Continued Health and the time to enjoy it.

@TheOKellys 4 жыл бұрын

Thanks Carlos. Best to you as well!

@brucerabun 4 жыл бұрын

Back in the States now. Your videos are great as they are the most accurate views of a cruiser’s life I have seen. Your professionalism in front of the camera shines through. It’s been a tough year, but glad to know you are making the most of it.

@TheOKellys 4 жыл бұрын

Thank you so much, so appreciate the good vibes and happy you made it back to the States safe and sound. Yeah, tough year for sure, trusting it will get better soon!

@meganote 4 жыл бұрын

Great video! Someone once said, “you can always make more money but you can’t make more time.” And I think about that a lot Nick. Thanks! It was you, of course. We were planning our first extended cruise (would have shoved off about 10 days ago) but of course it has been temporarily sidelined due to the Pandemic. We’ll get there! Thanks again for your videos and inspirations, and stay safe!

@TheOKellys 4 жыл бұрын

I love it. Such a solid truth, eh? Here's one that didn't make the book: time is all we really possess. So if our coming months are spent in brown water instead of clear, I refuse to be bummed about it. I am going to find a way to enjoy. Otherwise it will have been wasted time. The only one that can take that from me is...me. Thanks for checking in and I hope our paths cross next season.

@meganote 4 жыл бұрын

Each day I’m becoming closer to being a slacker!

@marceld6061 4 жыл бұрын

@@TheOKellys Amen, brother! There is a positive to every situation (and I have been in what most people would call some bad situations) Brown water is still better than no water. My joy is my joy. No-one can take that from me.

@kartoonle 2 жыл бұрын

Excellent content, you guys are expert in your game and your hands on approach is huge inspiration for the hopeful among us. Just side note, I'd assume working together goes miles more than just saving cost but also what a nice way to spend time together. Very well done on your budgeting. The financial analyst in me couldn't pass here without suggesting the big multi annual items to be budgeted with inflation rate.

@timmitchell8784 4 жыл бұрын

Greatly informative and appreciated! Thanks for another awesome video Timmy

@TheOKellys 4 жыл бұрын

Appreciate your appreciation! Thanks Timmy

@nickcooper14 4 жыл бұрын

Great breakdown, as you say the more DIY the lower the costs. Enjoy the warm weather and sunshine.

@TheOKellys 4 жыл бұрын

And you have a much better chance of getting it done right. Thanks Nick!

@CmdrMic 4 жыл бұрын

Really good video and it was nice to see Megan taking such a prominent role in presenting the information. Amazingly valuable and enlightening info. for anyone considering cruising in a well equipped cat.

@TheOKellys 4 жыл бұрын

Aww thank you, appreciate that compliment :-)!

@steveturansky9031 4 жыл бұрын

Wow - Great information and presented in a top notch way, as usual.This is the detailed stuff that so many cruising want-to-be's and/or plan-to-be's really want and need to know about. Thank you so much for this video. I also really like the video's of the actual sailing, sail handling, anchoring, route and weather planning. You guys are the tops and I love your boat too.

@TheOKellys 4 жыл бұрын

thanks Steve! Appreciate that. It's hard when you live it every day to think of what might be interesting, but then we are doing something like the budget and it occurs to us....hey this is always way more than we expect! LOL. Anyway, appreciate your kind words. We are very lucky to have Clarity

@robinherrick5777 4 жыл бұрын

"Nick, they want to see your eyes!" LOL yes! The first video I ever watched from you guys was when you went looking at catamarans and Nick had sunglasses on the whole time. Your numbers pretty much match up with ours-the first time we had a quote for an oil change on our Yanmar 29's it was $1300-breathtaking...

@TheOKellys 4 жыл бұрын

lol, glad you got the reference ;-) thanks for the note! Appreciate hearing that our numbers match with yours.

@johnperry7534 3 жыл бұрын

Thanks great work We found it costs every cent we have! Whatever that is we have that’s what it cost . Great work

@janisparr6572 4 жыл бұрын

Just watched your channel for the first time. Loved this! Thanks for sharing the true cost of living full time on your sailboat.

@TheOKellys 4 жыл бұрын

Welcome aboard! So happy you found us, appreciate you sending us a note :-).

@rogerbayzand4455 4 жыл бұрын

Thanks you two that is a breath of fresh air and a reality check on the cost of boating. A couple of things that I didn't hear you mention, insurance, mooring and slip costs and engine/generator replacement.

@TheOKellys 4 жыл бұрын

This was just maintenance. Moorage and insurance will vary drastically based on where you are and we covered that in the referenced video from last year. Genset replacement? Ours won' be replaced. In fact we will be getting rid of it when we can. No need for it. Thanks for the note Roger.

@louielew61 4 жыл бұрын

Thank you all for producing some extremely interesting and detailed videos. Well I want to sell myself it helps me gain clarity on what I need to do to get there

@natespears6443 Жыл бұрын

Great info. Thank you for sharing your info

@stratolestele7611 4 жыл бұрын

Guys - My wife and I have y'all (we're Texans, lol) on autoplay, but I always feel an obligation to go back and 'like' each one because we enjoy your content so much. We might be talking away, me playing guitar, my wife Lisa bringing dinner, but we love it and just think so highly of you both. I am backtracking to so many, missed videos to show y'all Mas Texas love Thank you for your great videos, intellect, humor, wisdom, and much more? Best wishes from Austin, Texas. Paul and Lisa Snare

@TheOKellys 4 жыл бұрын

Thanks for the Texas Love! We really love Austin. We will swing through there for sure someday soon!

@stratolestele7611 4 жыл бұрын

@@TheOKellys it would be terrific to say hello in person. Best to both of you!

@TheVideoBin 4 жыл бұрын

Thank you for all the awesome info.

@TheOKellys 4 жыл бұрын

Our pleasure!

@theymakeitlookeasy 4 жыл бұрын

Absolutely top video! All your videos are good but this was a superb presentation and so clear on every aspect. I spent many years in the Caribbean wrestling with a big monohull, it was very satisfying getting jobs done but also sailing and having fun. Now do some cruising!

@TheOKellys 4 жыл бұрын

That's really nice to hear Russell. Wrestling. Now that's a good word for working with/on boats! Certainly end up bruised and battered sometimes! LOL

@thepiratedoc4247 4 жыл бұрын

Super informative!! Reality = Clarity for us armchair someday cruisers. Thanks again for hosting such a great channel.

@TheOKellys 4 жыл бұрын

Great to hear and thanks to you for tuning in!

@timstrauss3060 4 жыл бұрын

Thank you so much guys for the clear and real numbers. It must be a little uncomfortable to share financial stuff but it is so helpful to prospective cruisers trying to plan.

@TheOKellys 4 жыл бұрын

Our pleasure, we love being helpful! If you like numbers, we shared our KZfaq and podcast stats on today's podcast - traffic.libsyn.com/sailclarity/UTS_FINISHED_04152020.mp3

@reinouddelporte911 4 жыл бұрын

For the window seals you might want to consider hiring a battery powered caulking gun. Depending on the viscosity of the silicone your using it can be very hard with a regular gun. An electric gun will make this job a lot easier. Also an electric gun will give you more consistency in the glue bead. Buying an electric gun might be overkill for you (don't buy a cheap one). I like the Milwaukee guns, but they are around 400$. Do some small test runs on a piece of cardboard in advance, just to get the hang of it. Just make sure that the gun your getting is matching the product you're using. I switched to a bigger gun two years ago, the Sika Powercure. It's a great system, truly love it, but it's heavy and bulky. If I pick up a regular Milwaukee now, it feels like a toy :-) If it wasn't for the ocean between us, I'd be happily coming over to help you guys with the window seals. If you want more info, tips or tricks on this window job, feel free to ask. Greetings from Belgium

@TheOKellys 4 жыл бұрын

yes, those are really helpful. Thanks!

@patdrau 4 жыл бұрын

You are very generous with your information. Thank you, Lovely couple.

@TheOKellys 4 жыл бұрын

Thank you too!

@jasonarcher7268 3 жыл бұрын

The wife and I are catamaran shopping right now. You guys' content is fabulous. Very helpful. We are blessed with an early retirement , and rather comfortable fixed income. In choosing between a monohull or cat, your content has been some of the best we have come across.

@TheOKellys 3 жыл бұрын

Hey thanks Jason. Hope we see you out there.

@davidedepaiva7104 3 жыл бұрын

Thank you for the honesty!

@nuriqbal5163 4 жыл бұрын

Really love this channel always inspired... God bless both of you

@TheOKellys 4 жыл бұрын

Thank you so much :-) so appreciate the good vibes. All the best to you!

@Investor_2000 4 жыл бұрын

Nice to see you guys again. Wow talk about BOAT, bust out another thousand. Excellent piece on true cost of ownership, defo agree spend on preventative care. Stay safe and especially healthy. 👍👏🇬🇧

@TheOKellys 4 жыл бұрын

Thank you David, great to hear from you. Hope you are doing great!

@N0body247 4 жыл бұрын

New subscriber.. i am currently binge watching your videos. While i cant afford your boat.. I am currently LOOKING for A sail boat.. after this little virus stops scaring the gov and we open back up.. i plan on taking sailing classes and learning to sail. So glad there are videos like yours to allow me to get to know the boating good and the boating bad.

@TheOKellys 4 жыл бұрын

Hey that is awesome. Youtbe is a great resource for learning. Get out on that boat! See you out there!

@normshifferd9728 4 жыл бұрын

Great video, nice to know what to expect on cost, sailing. Thanks much.

@TheOKellys 4 жыл бұрын

Glad it was helpful Norm. Thanks for the note

@jameswinter7925 4 жыл бұрын

Thank you for that great information. Hope and strength to you and yours

@TheOKellys 4 жыл бұрын

Thank you James, hope and strength to you and yours and everyone! We will get through this and we will be stronger.

@emilianoconde9647 4 жыл бұрын

Thorough and well explained, thank you!

@TheOKellys 4 жыл бұрын

Appreciate that. thank you!

@jcarlosdream22 4 жыл бұрын

Thank you for all this cool videos , you look like a really great couple 👏 i’m learning and hoping one day i could have my boat ⛵️

@TheOKellys 4 жыл бұрын

Thank you so much, you can do it!

@Parr4theCourse 4 жыл бұрын

Glad I found your channel, we currently have a flying KZfaq channel but are considering sailing (never done it before) when we retire, now we have some real life data for budgeting, thanks again for your transparency!!!

@TheOKellys 4 жыл бұрын

interesting, last summer I was thinking of starting a flying channel! Lot of pilots out here. When the mess settles, come on out!

@Parr4theCourse 4 жыл бұрын

@@TheOKellys We flew from Kansas to the Bahamas last year end of June 2019; Bucket List Item!! in Cessna 182 and we loved it, I was a little apprehensive as I have only been flying for a couple of years (late bloomer) We re-watch some of our videos, longing to go back! And maybe see the Bahamas from a different perspective....Just "subbed" to your channel, like y'alls interaction!!!

@TheOKellys 4 жыл бұрын

Lotta little planes in the water out here.... SEL and instrument in ‘92 myself. Nothing beats a boat for these islands. It is like another planet. Glad to have ya with us!

@Parr4theCourse 4 жыл бұрын

The O'Kelly's SEL in 2017 @ 60 IFR in 2018 @ 61 Should have started SOONER!!!

@mattmanmv13 4 жыл бұрын

stay safe you two!!! you guys are living the dream!

@TheOKellys 4 жыл бұрын

Thank you so fun to bring you along!!

@chadphilpott1991 4 жыл бұрын

These breakdowns are the best for us newbies wanting to learn. Any tech or how to videos would be good to. I liked having the explanation of what the Code 0 was for, thanks!

@TheOKellys 4 жыл бұрын

Thanks Chad. Really glad you found it useful. We will tech it up here soon!

@brianhurt3801 4 жыл бұрын

I believe the most important is your time ,the time it took you guys the hours saved your hands on not contractor time , probably the greatest savings of all the sewing and sail ,and the maintenance besides upgrades , of all the podcasts and videos I've seen their sailing adventures are not as smooth as you guys , but your the only team with a meteorologist on board , ,you guys are great , and a great team , I so enjoy watching and learning

@TheOKellys 4 жыл бұрын

Wow Brian, thank you so much! 28 years of team work/practice pays off! So happy to have you along for the adventure.

@theguccipilot 4 жыл бұрын

Thanks, Nick and Megs. Really informative video. Nick, take care of yourself, buddy. I need more weather instruction. Megs, are you up for a cooking video onboard Clarity? Maybe one of your favorite recipes? We love you guys! PS. Don't forget to mention your podcasts on your video. -Darin

@TheOKellys 4 жыл бұрын

Darin! Thanks man! Appreciate it! Yes, we are trying to figure out what direction to point the bows in and that will have a big impact on what kind of videos follow! Weather stuff definitely on the way if have to pack it in for the hurricane season. Megan's cooking show needs to happen regardless! Appreciate the note and the very very generous contribution!

@timhardman4764 4 жыл бұрын

Love all your videos. Thought I was subscribed but I guess I'm like the majority of your viewers (as revealed in your podcast) I just find your vids or they find me when they come out. Main purpose of my comment is to compliment you guys on the podcast. It is very well done. I hope you can grow all of this to an SV Delos level so you don't have to go through another - sell boat, work a few years, buy another boat cycle. I just did subscribe and I'll let the ad play through at the start of the video while I refill my glass or empty my bladder or check the weather or get the mail. Keep it real.

@TheOKellys 4 жыл бұрын

Tim, thank you so much! Yes, we hope to keep on keepin on too! If we end up going back to regular life again, no worries, that will be a fun adventure too. But this whole YouTubing and the community and folks like you, it would just be so cool to keep it going. We will figure it out. We’ve got plenty of runway in front of us...we just need the speed for liftoff. Appreciate the kind, supportive words.

@peteryates7505 3 жыл бұрын

Wow....they advise that 10% of value is standard BUT they don’t say that you do the work yourself . Great insight. Thanks

@gyzmopower7599 4 жыл бұрын

Excellent information so well presented. Thanks for sharing, Stay safe.

@TheOKellys 4 жыл бұрын

Thank you. We will try.

@VERTICALWisdom 4 жыл бұрын

Great video - It has been decades when I ran a great mono hull - but we always ran about 10% of boat value. My experience was when the yacht got to $1m the cost was a bit less than 10%. All the best to you

@TheOKellys 4 жыл бұрын

Thanks for the affirming note. People don’t believe the 10%, which can be a little less for the DIYer, but now four boats....pretty much the average.

@HandyMan657 4 жыл бұрын

This was an excellent video, very informative. Thanks.

@TheOKellys 4 жыл бұрын

Very welcome, thanks for watching and leaving a note!

@bensutton942 3 жыл бұрын

Love your content on my third video now, thanks for your efforts

@Xalta_Sailor 4 жыл бұрын

Great summary. Like a lot of things in life boats require your time, your money or both. Best change/upgrade we made on our live-aboard cat was to go to a foam covered hard dingy called an OCTender. Allowed us to continue to use our old 15hp engine as it planes way better than a RIB. Now consume 1/2 the fuel as before also as it is not at full throttle very often is an added bonus. Plus we are usually the only boat in the anchorage with one.

@TheOKellys 4 жыл бұрын

Jealous Brett, the OC tender is SO cool! We would have gotten one but there was a backlog until May. Had we known about Covid in January we would have waited. We’re quite happy with our Highfield and the 30hp though. Thanks for your note!

@johnperry7534 3 жыл бұрын

Thanks you’re terrific people

@toddhurdon2016 3 жыл бұрын

I’m coming out of the gate in 2022 chasing the dream like a world cheese wheel champion! Over the next year is all the preparation. Thanks for the info....🖖

@ctaylor1655 4 жыл бұрын

Great information and data! Thanks for sharing.

@TheOKellys 4 жыл бұрын

Our pleasure!

@CorySeamer 4 жыл бұрын

Great video. After this is all over I plan on moving to the west coast to liveaboard. Thanks for the info on maintenance costs.

@TheOKellys 4 жыл бұрын

Awesome. Have fun! See you out there!

@kcordeliastarr6310 3 жыл бұрын

Thank one for sharing.

@johnkeegan6646 4 жыл бұрын

You guys are always best at logically explaining your expenses. This is not easy to do; you have a communication gift. Your “splendid isolation” is causing me some waves of jealousy🤩. You two are the Boat Bomb - period!

@TheOKellys 4 жыл бұрын

Aww thank you John, that is sweet of you to say. We are grateful to have such a beautiful backdrop, even though we're in the planning stages of our trip north :-(.

@giovannicrivelli2682 4 жыл бұрын

very helpfool and interesting information, presentation is well done good quality of sound, wishing you a nice trip

@TheOKellys 4 жыл бұрын

Many thanks!

@glmaguire 4 жыл бұрын

Awesome video - loved how you explained it all.

@TheOKellys 4 жыл бұрын

Glad you liked it!

@backthebadge4009 4 жыл бұрын

Another great video you guys. Before you replace your window seals watch the video by the Wynn’s (Gone with the Wynn’s). They also have a Leopard Catamaran. It was a really messy project, and they gave good tips. Hope you both are safe.

@TheOKellys 4 жыл бұрын

We’ve done the forward windows already. We are pros. Lol

@spikeafrican8797 4 жыл бұрын

Lol... the art of addition can be a difficult and expensive skill to master! Thanks guys and well done.☺

@TheOKellys 4 жыл бұрын

Lol. Appreciate that!

@NonSleeper_Occasional_Thinker 4 жыл бұрын

Love your videos. 100k this last year plus minus ouch. Let's donate folks! You have hope and strength. And our love. Be safe and keep loving each other. Enjoy what you can be safe. Hugs from Canada

@TheOKellys 4 жыл бұрын

It was an expensive year. Until the coronacrisis, we were hoping this years budget would be a lot less. Thank you so much for the support!

@landonhillyard 4 жыл бұрын

Excellent data rich video. Thank you!

@TheOKellys 4 жыл бұрын

you got it!

@giovannifiorentino8947 4 жыл бұрын

That ball park figure is very helpful to get ready to go sailing full time and even to decide on the vessel itself to choose.

@TheOKellys 4 жыл бұрын

Yeh and hopefully folks can see where their situation might cost more or less.

@kuakea1 4 жыл бұрын

Right on you two, "Simple Green" all purpose greaser cleaner!

@WRMannIII 4 жыл бұрын

NIce presentation of the real story of what it takes to operate a yacht correctly and really great that you detail out all the specifics . . . very good! One other consideration that you may want to include is the reality about how regardless of how well you maintain & upgrade your boat the resale value continues to drop year after year. This is really 'news' to most people who are used to the idea that in real estate the value of their property will typically rise in value almost regardless of whether you maintain/improve it or not.

@TheOKellys 4 жыл бұрын

well, real estate doesn't always appreciate either....lol. But good point. However, it depends on the boat you are talking about. Some, if properly maintained, do hit a spot at about 1/2 replacement value and stay there. L43, L46, Catana 43, Catana 47, Logoon 380, Lagoon 410, and some would say the MaineCat 41.... what says you?

@WRMannIII 4 жыл бұрын

@@TheOKellys Yep, I suppose that's a good possibility . . . although, as you point out, it takes a very large investment in annual 'maintenance' costs to *maybe* hold value whereas the maintenance costs for houses are typically much lower. I think that the value stability of boats would probably be more comparable with how cars hold their value (i.e. - not so much) than to houses. Too bad because I enjoy my boat more than my house, but maybe that's just the cost that comes with more fun. :-)

@edriv3722 4 жыл бұрын

That megayatch gobble your annual budget in less than 24 hours. I love how you manage your maintenance.

@TheOKellys 4 жыл бұрын

Lol. That helicopter burns our annual fuel in an hour. No joke

@dylanshandley1246 4 жыл бұрын

The O'Kelly's never mind all the other ridiculous expenses like the crew salary for 10-30 people, or the $30,000 a month they spend on data xD. But hey, that’s their money that they worked their asses off for so whatever they want to spend on something that they find enjoyable or relaxing is fair enough 🤷🏼‍♂️. I would never want the jobs they have if only because of the stress that comes with the type of job you need to have to be able to afford those yachts so they can keep them :p

@eagleone8270 3 жыл бұрын

Thank you for sharing, I have decided to stay on land.

@mikemendes7598 4 жыл бұрын

Awesome detailed breakdown. 10% is thrown around a lot as a cost per year to run a boat, and it seems to hold fairly true for you as well, although you did not include dock fees, insurance, etc. And doing so much of the work yourselves there are certain activities you are saving a bundle of labor like the cushions and tramp, and others, where it's not such a big deal. Your boat is also a bit older, and I think the 10% rule of thumb goes up on larger cruising boats as they age and important pieces of equipment wear out. Always a pleasure to spend 20 minutes with you guys - a welcome break from reality! We had two solid days of snow here in Denver earlier in the week!

@TheOKellys 4 жыл бұрын

Denver! My old stomping grounds. Too many mornings there a KUSA after cruise #1, but we loved it there. I think 6-8% is a good average for a DIYer. For the less able or interested, yes 10% minimum. I would argue that the “recurring wear items” are the same, regardless of the boat’s age. So are the annual maintenance costs. Perhaps the only difference is in the upgrade category. A new boat is going to need less modernization. Thanks for the note Mike!

@Leggir 4 жыл бұрын

My two cousins and their wives sailed the Pacific and Indian for 20 years, working the summers in Vancouver, BC then sailing the autumn, winter, and spring. They finished in 1997. 50' monohull, built themselves from concrete. No GPS, solar, automatic rigging, or other conveniences. They loved it though.

@TheOKellys 4 жыл бұрын

Wow that’s really cool, what a life! We love BC, hope to visit again.

@mikeferguson2828 4 жыл бұрын

Another great video guys. Prices are also regional. I find USA prices really high compared to our part of the world. Yes a boat part is a boat part but labour, haul outs etc In many parts of the world are half what you pay there. I mean for my Leopard 40 I am in the process of redoing all the standing rigging for $3800 and this is from the factory rigging company in South Africa. I was told that this would cost $10000 in the US.

@marvinlacson132 4 жыл бұрын

Nice.... Love all your vids.. Keep sailing..

@TheOKellys 4 жыл бұрын

Gonna try! Thank you!

@davidmatthews631 3 жыл бұрын

Thanks for thanking me for watching your video. All my life I’ve been careful with money. I could now afford a boat as featured but unfortunately I’m geared for being careful - so I’m going to be getting a much smaller boat - more like the dingy shown.