Chickery's Travels

Chickery's Travels logo. A blue-green Earth globe with continents surrounded by dots with an arrow denoting movement or travel and "Chickery's Travels" as part of the dotted circle. Next to this is a photo of their blue and white Arctic Fox 5th Wheel with the awning out.
  • Home
  • Campground Reviews
    • The Best U.S. National Park Campgrounds
    • 28 Must-See State Park Campgrounds You Can’t Miss
    • Alternatives To National Park Campgrounds: Discover Hidden Gems Just Outside the Park Boundaries
    • Best Luxury RV Resorts For All RV Types
    • Best Waterfront Campgrounds For Every Budget
    • Alabama
      • Gunter Hill Campground (Montgomery, Alabama)
    • Arizona
      • Best Campgrounds in Arizona
      • Aspen Campground (Payson, Arizona)
      • LazyDays KOA (Tucson, Arizona)
      • Lost Dutchman State Park (Phoenix, AZ)
    • Arkansas
      • Catherine’s Landing (Hot Springs, Arkansas)
      • Downtown Riverside RV Park (Little Rock, Arkansas)
    • California
      • Best Campgrounds in California
      • Crescent City Redwoods KOA (Crescent City, California)
      • Sea Breeze RV Park (Seal Beach Naval Weapons Station)
    • Delaware
      • Cape Henlopen State Park (Lewes, Delaware)
    • Florida
      • Best Campgrounds in Florida
      • Blue Angel Naval Recreation Area (Pensacola, FL)
      • Jonathan Dickinson State Park (Southeast FL)
      • LazyDays RV Resort (Tampa, FL)
      • MacDill AFB FamCamp (Tampa, FL)
      • Military Camping in Key West
      • Patrick AFB FamCamp (Cocoa Beach, FL)
      • Rainbow Springs State Park & Campground (Ocala, FL)
      • Walt Disney World’s Fort Wilderness (Orlando, FL)
        • Halloween at Disney’s Fort Wilderness
        • Chickery’s Travels Podcast Episode 5: Fort Wilderness Campground Review
    • Maryland
      • Cherry Hill Park (College Park, Maryland)
    • Michigan
      • Port Huron KOA (Kimball, Michigan)
    • Nevada
      • Las Vegas RV Campgrounds: Nellis Air Force Base and Lake Mead RV Village
      • Boondocking Near Las Vegas
    • New Hampshire
      • Lincoln / Woodstock KOA (New Hampshire)
    • New York
      • Round Pond Recreation Area (West Point, NY)
    • North Carolina
      • Outer Banks West / Currituck Sound KOA (Coinjock, North Carolina)
    • Oklahoma
      • Oklahoma City East KOA (Choctaw, Oklahoma)
    • Texas
      • Best Campgrounds in Texas
      • Alsatian RV Resort (Castroville, Texas)
      • Maverick Ranch (Lajitas, Texas)
      • Texas Wine Country Jellystone (Fredericksburg, Texas)
    • Tennessee
      • Camp Margaritaville (Pigeon Forge, TN)
      • Crossville I-40 KOA (Crossville, TN)
      • Midway RV Park (Memphis, TN)
    • Virginia
      • Complete Guide to Camping at Shenandoah National Park
      • Fort Belvoir Travel Camp (Alexandria, VA)
      • Harrisonburg / Shenandoah Valley KOA (Broadway, Virginia)
      • Shenandoah Views Campground (Luray, Virginia)
      • Lynchburg / Blue Ridge Parkway KOA (Monroe, Virginia)
      • Shenandoah River State Park (Bentonville, Virginia)
    • Washington
      • Crescent Bar RV Resort (Quincy, Washington)
    • West Virginia
      • Harper’s Ferry KOA (Harper’s Ferry, West Virginia)
  • USA
    • Alaska
      • 5 Things You Can’t Miss On Your First Trip To Alaska
    • Arizona
      • Apache Trail: A Crazy, Scary, Beautiful Drive
      • Lost Dutchman State Park (Phoenix, Arizona)
      • Phoenix Faves: Best Activities to Enjoy on Your Arizona Vacation
    • District of Columbia
      • Budget Friendly Fun in Washington D.C.
      • Favorite Hikes near Washington DC
      • Indoor Skydiving and TopGolf: Just Another Day of Family Fun!
    • Florida
      • Best Walt Disney World Festivals For Adults
      • Blowing Rocks Preserve – Jupiter Island, Florida
      • Bok Tower Gardens
      • Daytona Beach – The World’s Most Famous Beach
      • Epcot International Food & Wine Festival
      • Gasparilla – Tampa’s Pirate Invasion
      • 3 Days on the Nature Coast 
      • Florida Freshwater Springs on the Nature Coast
      • Halloween at Disney’s Fort Wilderness
      • Kennedy Space Center – Cape Canaveral
      • Island Hopping at Honeymoon Island and Caladesi Island State Parks
      • Must See Sights in St. Augustine, FL – America’s Oldest City
      • Rainbow Springs State Park & Campground (Dunnellon, Florida)
      • Enjoy the Best of Sunny Sarasota
      • Tampa
        • Get Back to Nature in Tampa Bay
        • Take Me Out to the Ball Game – Spring Training in Tampa, FL
        • The 5 Best Beaches in the Tampa Bay Area
        • Why We Love Tampa
      • Tarpon Springs – The Gulf Coast Town with Greek Flavor
      • Top 5 Things to Do on Florida’s Space Coast
      • What Not to Do When Kayaking on the Weeki Wachee River
      • Wizarding World of Harry Potter – Universal Studios and Islands of Adventure
    • Georgia
      • Visiting Atlanta? Don’t Miss These Civil Rights Museums
    • Hawaii
      • Everything You Need to Know About Camping in a Jeep Wrangler in Hawaii
    • Illinois
      • One Day In The Windy City – Chicago Itinerary
    • Maine
      • Coastal Maine Road Trip
      • Discover the Beauty of Monhegan Island, Maine
      • Acadia National Park: Highlights You Can’t Miss
    • Nevada
      • Best Campgrounds in Nevada
      • Las Vegas RV Campgrounds: Nellis Air Force Base and Lake Mead RV Village
    • North Carolina
      • Complete Guide to Great Smoky Mountains National Park
      • Uncover the Coastal Charm of North Carolina’s Outer Banks | A Guide for Visitors
    • Tennessee
      • Complete Guide to Great Smoky Mountains National Park
      • Burgess Falls: 3 For 1 Waterfall Special
      • National Civil Rights Museum – Memphis, TN
      • Window Cliffs, TN – I’m Not Afraid of Heights, But I am Afraid of Falling!
      • WWII History in Tennessee
    • Texas
      • Best Restaurants in Fredericksburg
      • Enjoy a Bird’s Eye View of Texas Hill Country
      • Explore Nature’s Untamed Beauty at Big Bend National Park
    • Virginia
      • Explore Great Falls Park, Virginia
  • RV Resources
    • 3 Simple Steps to Find the Best RV Campgrounds
    • 5 Years Full-Time RV: Lessons Learned & Biggest Regret
    • Boondocking – What We Learned From Our First Dry Camping Experience
    • Tips for Boondocking Success
    • Essential RV Gear
      • Essential RV Gear Guide
      • DIY RV Power & Solar Upgrade
      • RV Must Have: Tire Pressure Monitoring System
      • RV SnapPads Product Review
      • RVLOCK Keyless Entry Door Handle Installation and Review
      • Shop “RV Local” With TechnoRV
      • Top RV Gadgets & Accessories
      • WeBoost Cellular Booster Review
    • Maintenance
      • DIY RV Power & Solar Upgrade
      • DIY Power Upgrade – “Solar Ready” Arctic Fox Fifth Wheel
      • An Easy Way to Protect Your RV Water Heater
      • Easy DIY Project to Protect Your RV Water System
      • How to Reduce the Likelihood of Tire Blowouts on your RV
      • Odor Free RV Black Tank Tips
      • RV Condensation: What It Is, What It Does, and How To Stop It
      • RV Roofs – What You Need to Know
    • Living in an RV
      • 9 Lessons From 2 1/2 Years on the Road
      • Biggest Regret Full-Time RV Living
      • Dealing with my Biggest Full-Time Travel Struggle, Missing Family While Traveling
      • Downsizing: 3 Areas That Make The Biggest Impact
      • Full-Time RV: 2019 Year in Review
      • Full-Time RV: 2018 Year in Review
      • Full-Time RV Travel – 2017 Year In Review
      • How Full-Time RVers Celebrate the Holidays
      • Get Ready for Full-Time RV Travel
      • Internet Solutions for RV Travelers
      • The Ultimate Guide to Embracing the Full-Time RV Lifestyle
      • Living in a Tiny, Traveling Home
      • Making Friends (and reconnecting with old friends) While Traveling Full-Time
      • Pros & Cons of Full-Time RV Travel
      • RV Organization & Storage Ideas
      • Short-Term RV Storage: Leaving The RV Behind
      • Top 3 Lessons Learned & Biggest Regret: 3 Years Full-Time RV Living
      • What We Wish We Knew Before Full-Time RVing – Stories from the Road
      • What You Need To Know Before Selling Everything And Moving To An RV
      • Why We Are Traveling Full-Time In Our RV
    • Must Read Books Before Becoming A Full-time RVer
    • RV Organization & Storage Ideas
    • RV Remodel
      • Planning an RV Remodel
      • RV Kitchen Cooking Videos
      • Painting Your RV Interior
      • Update the RV Kitchen – Backsplashes & More
      • Updating Your RV Window Treatments
      • RV Bedroom Makeover
      • RV Remodel Costs with Before & After Photos
      • Vintage Camper Renovation
    • RV Holiday Tour – Decorating Our Small Space
    • RV Hurricane Evacuation
    • RV Misery Can Be Overcome By The Generosity Of Others
    • How Book Readers Can Space and Weight in the RV
    • Slow Travel
    • Small Kitchen Cooking
      • Cooking Videos
      • Eating Healthy on Travel Days
    • Staying Healthy
      • Traveling with Fibromyalgia, Arthritis, and Other Chronic Pain Conditions
    • Trip Planning
    • Traveling with Pets
      • RVing with Your Cat
      • Traveling with Restricted Breed Dogs
    • Why I Prefer RV Travel Over Flying
    • Your Guide To Planning The Best Family Vacation This Summer
  • Travel Finance
    • 5 Tips to Save on RV Travel
    • 5 Ways to Fund Full-Time Travel
    • Creative Ways To Save Money On Your Next Vacation
    • Full-Time RV Expenses
      • Annual Full-Time RV Expenses – The Big Three
    • Five Credit Card Strategies To Improve Travel
    • How Much Do Campgrounds Cost?
    • How Much Does it Cost to RV Full-Time?
    • How to Camp for Free
    • How to Start a Profitable Blog
    • How to Save Money on RV Fuel Costs
    • How to Save on Food While Camping
    • How We Earn A Living While Traveling Full-Time (And How You Can Too)
    • How We Paid $139,000 of Debt in 2 Years While Full-Time RVing
    • Learn How to Finance Your Dreams
    • The Top 7 Ways to Save Money While Traveling Full-Time
    • RV Purchasing
      • RV Purchasing: Understanding RV Types
      • Benefits of Renting an RV: Try Before You Buy
      • Should I Buy A New or Used RV?
      • The Costs of RV Ownership
      • The True Cost of Financing an RV
      • Attend An RV Show – Even If You Already Own An RV | Exciting Reasons Why
    • Save Money Using the Public Library (On More Than Just Books)
  • Military Travel
    • Guide To Using Military Campgrounds
    • Health Care for Retired Military Full-Time RVers
    • Why Military Retirees Should Fly Space-A
  • About Us
    • RV Shows We’re Attending
    • Contact Us
    • Follow Us
    • Why We Are Full-Time RVers

8:00 am by Julie Leave a Comment

Roadmap to Financial Freedom: Accountability Report June 2018

5 shares
  • Share
  • Tweet

Last updated on May 21st, 2023 at 08:42 pm

We wrote a blog post in January about how we were able to pay off $91,000 last year while living full-time in our RV. We are happy to be on our way to debt freedom because, as Dave Ramsey says, “the borrower is slave to the lender.” It took us several years to see this and with us both in our late 40s, we feel the pressure to work quickly to pay off our debts so we can feel comfortable about retiring. This is the third is a series of financial accountability reports.

This a monthly blog post on our journey to financial freedom. Mostly for accountability and also for encouragement to others on the same journey as us. This first post will cover April 2018. I think the main point I want to make first is that we are not bragging by blogging about this. In fact, we are ashamed of the debt we accumulated and find it embarrassing to admit. We are sharing our story to keep ourselves accountable and hope that it may help someone else.

We write this monthly blog post about our finances from the previous month. Mostly for our own accountability and also for encouragement to others on the same journey as us. I think the main point I want to make first is that we are not bragging by blogging about this. In fact, we are ashamed of the debt we accumulated and find it embarrassing to admit. We are sharing our story to keep ourselves accountable and hope that it may help someone else.

Debt

We are continuing our journey to becoming debt free and have $55,000 to go. We managed to pay off another $3,000 this month. This brings our grand total paid to $108,500 since we started tracking last year! All of this remaining debt is our Heartland Cyclone. We bought it new in 2014 and hope to have it paid off no later than next year.

Net Worth

May ended with our net worth ended at $204,793. Here is the breakdown.

Assets Value
Vehicle 38,925
RV 57,510
Retirement Accounts 113,085
Other Investment 3,829
Bank Accounts 47,359
Total 260,708
Liabilities Value
RV Loan -55,915
Net Worth $204,793

Notable Expenses

This month our net worth increased by approximately $180. We knew we would either barely increase or would, more likely, decrease our net worth in June. The main reason for the minimal increase was that our oldest son got married in June and that cost us $3,748. Luckily, we knew about the wedding long in advance and were able to put a set amount aside every month to cover our anticipated wedding expenses. We budgeted almost exactly and did not have to pull any money from other budget line items.

Our oldest son got married! Family photo from the wedding.

We had two big maintenance costs in June. We had one of our Level-Up jacks blow a seal and it needed to be replaced. The jack cost $490 with shipping and we managed to install it ourselves. This saved the cost of an RV technician and only cost us about 45 minutes of time. The other maintenance expense was more of a luxury than a necessity. We are upgrading from lead acid batteries to lithium. I spent $1700 in getting ready to install these batteries and getting the electronic system ready for solar. It was such a good deal and we could not pass it up after our boondocking experience in Wellington, TX in May. Both of these expenses were covered by our maintenance budget and we did not have to dip in to our savings.

Notable Income

In June, we received $50 in our investment account thanks to rebates from using our Fidelity credit card. We also received $204 in dividend income from our investments. This was all reinvested and we never carry a balance on our credit card.  Since we are focused on paying off the RV, we have stopped putting additional funds in to our investment accounts, so these reinvestments really help keep our investments growing.

Our side hustle, Chickery’s Travels, generated $1254 in June. This money is being put back in to the business. We hope to keep growing and, at some point, be able to take some money out of the business as payment. Besides our pensions from the military, Sean is also still working part-time as a research consultant to add to the income streams.

Our Roadmap

The main thing that has helped us in keeping a budget. We use YNAB (You Need A Budget) for our monthly budgeting along with the Every Dollar app to track our daily purchases. Seeing where the money goes is definitely eye-opening and when you assign it at the beginning of the month, staying within the budget is much easier.

We’ve created monthly budget worksheets that you can download free here to help you itemize and track your income expenses. Click here to see our itemized full-time RV budget. 

Future Plans and Projections

We do not plan any major purchases in July and plan on putting a larger chunk of money toward the RV debt. We reworked our budget projections in our recent budget meeting (yes, we have a monthly budget meeting!) and now project to have the RV completely paid off no later than March of next year.

This is the third month of publishing our road to debt freedom. This is more accountability for us to make sure we stay on track with our goals and do not stray too far off. It has really made a difference in our purchases over the past month. I find myself thinking about publishing this post when making a purchase. Do I really want to show a decrease in net worth for this thing? Do we really want have to publish that we made poor decisions? This blog really helps!

Thanks for reading this month and please follow along every month to see how the debt free journey is progressing.

Download these free worksheets to help you develop your full-time RV budget. They include all expenses in a typical full-time RV lifestyle.

Related posts:

RV Holiday Tour - Decorating Our Small Space
Podcast: Tampa Bay Fall RV Show

Filed Under: Uncategorized Tagged With: debt free, financial accountability, financial freedom, rv finance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RV technology gear images include TPMS, EMS, and wifi booster
RV LIFE Trip Wizard
Sidebar Text Ad for Rad Power Bike
RV Rentals from Outdoorsy. Images include van, motorhome, and travel trailer.
Image of RV driving towards mountains.

Signup to receive weekly updates and exclusive free content only available to subscribers!

Privacy Policy

Travel Schedule

Recently
Denali National Park, Alaska

Currently
Shenandoah National Park, Virginia

Next Stops
Zion National Park

 

Notice

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.

  • Facebook
  • Twitter
  • Instagram
  • Email

5 shares

Free RV camping guide with over 30 pages of tips and worksheets

Download Now

Never see this message again.