The allure of living on the road is a dream for many. Instead of rushing through states to get back to the office, we believe in a slower pace - one that offers the freedom to travel, financial stability, and an adventure-filled existence. However, embarking on full-time RV life requires thorough preparation.
We’ve compiled some of the most important things you need to consider before diving headfirst into full-time RV life.
Choosing the right RV
The RV market is overflowing with options. From size, colour, origin of build, interior design, and manufacturer, there are many points to consider when deciding what will work for you. Our advice is to do your research, walk through RV dealerships, attend caravan shows, and if possible, rent some to trial. Choosing your home on wheels is a big decision, so it’s one you shouldn’t rush.
Finances
While the majority of us favour "memories over money," when it comes to living on the road, some financial costs can't be ignored. It’s essential to pop your accounting hat on and take responsible steps before hitting the road. Here are a few points to consider:
Do you have enough in your emergency fund?
Vehicle breakdowns happen, RV parts break, tyres get punctured... the list goes on. Your emergency fund is your cushion for when things go wrong. If an issue isn’t covered by warranty, you may face a significant expense, and the last thing you want is to draw from your savings, leaving you with no cash to continue your journey. Although it may delay your adventure by a few months, building up your savings before heading off will give you the financial security to handle any costly bumps in the road.
How much do you estimate you'll spend, and can you cover it?
Weekly expenses on the road differ from those at home. It’s a good idea to create a budget of estimated ongoing expenses and align it with your savings and/or ongoing cash flow if you’re working remotely. List out expenditures such as fuel, campsite fees, permits, food, and entertainment, and compare them to your income. This way, you’ll be equipped with a budget to follow while you're away, ensuring you know how much you have to spend.
Can you work remotely?
Since the COVID lockdown, many workplaces have adapted to hybrid or remote work. Working remotely on the road can ease financial stress by ensuring you still have cash flow. Consider discussing with your employer whether your role can become remote or upskill and find a workplace that allows that flexibility. With more digital nomads living and working on the road than ever before, full-time RV life has never been so achievable.
Connection
Saying goodbye to family and friends can be tough, especially when it’s your first extended period away. Ensuring you have a plan for staying connected can ease this transition for both you and your loved ones. FaceTime dates and regular scheduled phone calls will keep your inner circle updated with your whereabouts and keep you in the loop with their lives.
Another consideration is your internet connection. If you’re planning on heading to remote areas in Australia, you might want to consider a satellite internet solution like Starlink. It’s also wise to invest in an EPIRB or satellite phone for emergencies.
We understand the desire to be off grid, but staying connected to those back home and to the internet can make a world of difference to your mental health.
Now that you’ve considered these primary fundamentals, you should feel more grounded in your decision to live on the road full-time. The next stage, preparation, is the fun part—buckle up!
Prepping to hit the road in your RV?
We're specialist comprehensive RV insurers with over 30 years experience.