Tuesday, 16 September 2014

Sailing Around Australia; Financing our Adventure.


16/9/2014   Financing Our Travels

During our sailing adventure we have met a number of others doing the Around Australia  “circuit”. We find that there are as many ways to finance these adventures as there are people doing it.

Many have sold their house, car and other investments, others have rented out properties and some have “cashed in” or are living on their superannuation.

We have a business that is run by our business partner.  We share a percentage of the profit, pro rata. We also have our home rented out to a bank manager, that is providing the rest of our income budget. As long as we stick strictly to our budget we can live and sail quite comfortably.

A trip to Europe in May and three months in Cairns with our kids, meant that we had quite a “budget deficit” as the politicians and economists would say. Then the business had a downturn and an unexpected tax bill, so our income went quickly from hero to zero.

The answer was, back to work. Resumes were done, internet searches and local newspapers scoured for possible income solutions.

What sort of work should we do? What sort of work was available? Our sailing partner B2 puts it well. He says that working is just trading hours for dollars.  So how could we trade the least hours for the most dollars?

Fruit picking and other similar “travellers” jobs were quickly crossed off the list as being too exhaustive in the tropical heat and not enough return for the effort.

At several stages in my life I had done truck driving and have a road train license. From that experience I know that most trucks on the road are air conditioned, have air ride seats and loading unloading is done by machine. Seemed like a good option.

Leanne has a lot of sales and customer service experience. Most of that sort of work is in air-conditioned offices and isn’t too labour intensive, so that also seemed like a good option.

Where, was the next question. We were in Cairns staying at our daughter’s house. Easy Tiger, our boat was in Adelaide and our best job prospects and accommodation prospects were in Western Australia. The reason we were in Cairns was to spend quality time with our kids.  Our son Luke would be here until mid October. The best alternative was therefore to apply for jobs in Cairns. Seemed that with our skills and experience it wouldn’t be too hard to find work here.

Wrong. The applications started flowing out and for quite a while nothing came back.  After a month of failed attempts we were starting to get a bit concerned. It seemed like good jobs were being advertised anywhere other than Cairns.

As it was looking like work in Cairns wouln’t be available, we sent off applications to Adelaide and also WA. More weeks went by and again we had no response to the many applications sent.

Just as we were getting really concerned, I noticed some trucks on the roads in Cairns with Qube logistics branding. I sent them my resume and a few weeks later they rang to say I could start work with them, in Mossman. An hour and ten minutes drive from Cairns.

A fact finding mission was initiated. We jumped into the hire a bubble we had been using in Cairns and set out for Mossman. We drove for an hour and a half of winding, twisting road, infested with slow moving campervans and small hire cars, to Mossman. How would I handle doing that drive twice a day after a 12 hour shift?

Accommodation enquiries were made all over town. The motels were way too expensive, the caravan park was also expensive and booked out. There were rentals available in Port Douglas, which is nearby, but they would only let on a six month lease, not an option for us as we would only have four months work.

That left the Exchange Hotel in Mossman. They had rooms available at $160 per week (no cooking or fridge, shared bathroom) and they “might be” starting to do breakfasts next week but they weren’t sure. Leanne and I stepped outside to discuss this (our only) option when a sugar cane train came along the street and right outside the hotel blew it’s horn.Apparently that happens a lot.  That was the decider.

Driving in and out from Cairns each day would be the only way to do this job. That would allow Leanne to find work in Cairns and we could share the rent and bills with Bree (our daughter). If I found the driving to and from too much we would have to look for something else.

At least we had something. We had enough income to support our selves and hopefully could save a bit towards carrying on our sailing adventure.

One positive leads to another. After accepting the Qube job and deciding to do the drive, we had another offer of a job in Adelaide, then another job offer in WA. Then Leanne was asked to come in for a job interview with Coles, then, she was offered a job in South Australia.

After a month of driving a truck hauling sugar cane from the Atherton Tablelands to Mossman mill, I have found the drive from Cairns to Mossman is getting easier and the bank account is slowly creeping back into positive territory.

Yes, it’s a bummer that our sailing adventure is on hold. But six months of trading hours for dollars will only add to the adventure of our sailing.


 

My "office" for the next few months, while I trade hours for dollars.


3 comments:

  1. We're considering doing the same thing while we wait out the cyclone season in Darwin. (Currently at Weipa waiting on some mail)

    Finding a cheap marina berth (that allows liveaboard and will let Molly stay with us) is a struggle though, so now we're looking at leaving XTsea on a mooring and finding someplace to rent.

    www.xtsea.com.au

    ReplyDelete
    Replies
    1. Hello Everybody,
      My name is Ahmad Asnul Brunei, I contacted Mr Osman Loan Firm for a business loan amount of $250,000, Then i was told about the step of approving my requested loan amount, after taking the risk again because i was so much desperate of setting up a business to my greatest surprise, the loan amount was credited to my bank account within 24 banking hours without any stress of getting my loan. I was surprise because i was first fall a victim of scam! If you are interested of securing any loan amount & you are located in any country, I'll advise you can contact Mr Osman Loan Firm via email osmanloanserves@gmail.com

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      Delete
  2. Hello Everybody,
    My name is Ahmad Asnul Brunei, I contacted Mr Osman Loan Firm for a business loan amount of $250,000, Then i was told about the step of approving my requested loan amount, after taking the risk again because i was so much desperate of setting up a business to my greatest surprise, the loan amount was credited to my bank account within 24 banking hours without any stress of getting my loan. I was surprise because i was first fall a victim of scam! If you are interested of securing any loan amount & you are located in any country, I'll advise you can contact Mr Osman Loan Firm via email osmanloanserves@gmail.com

    LOAN APPLICATION INFORMATION FORM
    First name......
    Middle name.....
    2) Gender:.........
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    7) Mobile Number:.........
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    11)Which site did you here about us.....................
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    ReplyDelete