Full years accounts

Full years accounts

Well, a year has passed and what fun we’ve had. 13K plus miles, 10 countries and adventure galore. We have compiled a full years accounts split into two 6 month sections for your information. In the second 6 months we budgeted monthly for all the annual costs that are incurred such as Insurance, Road Tax, Services etc…

Here are some notes for your guidance if you wish to budget for a full year away or just for comparison

  1. All our furniture is in storage so you can deduct this if you don’t need storage.
  2. The insurance cost reflects our ‘full-time’ status. If you only go away for 9 months you can slice £600 off that.
  3. Entertainment includes, DVD boxsets, Scooter hire, Gorge walks, Castle visits etc..
  4. Repairs include bits for a sliding shelf, fibreglass kit, 2 front tyres,shoe racks,
  5. We ate out mostly at lunchtime. The evening category is mostly meals out at christmas visiting friends
  6. Capital items include a mini drill, panniers and bike bits for the electric bikes, new table, table cloth, heater for the awning.
  7. Wifi/Mifi. As bloggers we are heavy users of internet. This cost can be significantly reduced if you’re just picking up emails
  8. The Cafe amount surprised me but if you go to a cafe once a fortnight and spend €10 it all adds up

 

Here the link to our 1st 12 months full-timing expenses 12 months expenses

 

Six month summary

Six month summary

Well, our first six months is up… Tempus ‘bloody’ fugit… there’s no doubt about that! Where’s it gone? It’s gone, that’s where but it’s been a blast. 7 countries in just over 7000 miles. We’ve visited mountain ranges, castles, cities, tourist attractions, rivers and villages and plenty of coastline. We’ve stayed on campsites, marinas, ‘free and not so free’ aires, wild camped and stayed with friends. The weather has been ‘variable’ to say the least and we’ve had a few repairs to make and improvements to install. We’ve met some really nice people and hope to meet a load more. Our digital nomadic lifestyle is well and truly underway.

Just before we left I built a spreadsheet to record our expenses as we go, firstly to get rid of all  the receipts and invoices and secondly ( as we’ve never done this before) it’s good to know how much you’re spending and on what. The good thing about spreadsheets is that you type your receipt in once and it does all the calculations for you so in order to get a summary of your outgoings all you have to do is press a button. Et Voilà…..

Et Voilà indeed. Here are the results of ‘the motoroamers’ expenses sheet. Some figures made me ‘grimace and twist my neck’, some I’ve nodded in agreement with and some left me with that ‘pleasantly surprised  smug look of satisfaction’… You know the one I mean…

For all you wannabe full timers I hope you find it useful and for those experienced of us will have already been through this process and will have set budgets in place. One’s thing’s for sure though, the next six months figures won’t be the same and 2: we ain’t stopping cos wesa lovin’ it so much we’re just gonna “KEEP ON TRUCKIN’…..  TTFN