Buying a Kayak One Week at a Time
My plan to save up and get back on the water.
I want to buy a kayak. I had a Perception Acadia a while back and used it every summer, but thought I should be using my money elsewhere, so I sold it. For the past 5 years I’ve missed that kayak and 2014 is the year I’m going to remedy that.
Research Your Goal
I’ve done my research and know the length and type I want. I also have a good idea of the price range ($300 and $500). I’ll consider a used kayak, and I know Fall is a better time to find a good deal, but I want my kayak now. REI provides a great guide on how to choose a kayak. Check their site out if you’re in the market and aren’t sure where to start.
There’s more to a kayak than the kayak
With new sports, there’s always a list of supplies you’ll need. They add to the cost, but also to the enjoyment.
- Personal Floatation Device (PFD- you need one, and can even lose your boat if you’re caught without one on board)
- Kayak rack
- Tie downs
- Water pump
- Kayak cart
- Paddling gloves (I have delicate hands)
- Water boots (makes getting out in marshy areas a little less scary)
- Rope bag (an inexpensive safety item to save someone’s life)
- Dry Bag (to keep your things dry!)
Thankfully, I retained most of these items, but I still need a few, so budgeting is my next step. With everything included, I’ll probably need about $600. I could use my tax refund, or pay for all of this on a credit card, but those don’t seem like responsible ways to buy a toy. Saving is more sensible… giving up some fun things now for a lot of fun over the next few years. Following is my proposal:
Give up buying fast food lunch every day - $25/week
Give up dinner out once a week - $25/week
Buy generic at the grocery store - $10/week
My vacation is in 8 weeks, so with this I'll have $480! I can then reasonably charge $120 and pay it off before the grace period is up by just continuing my “cutbacks” for two more weeks. In this way, I’m not eating into savings, and I know the loss of these extras isn’t going to kill me. In the end, the kayak will provide me with something I can enjoy for years to come. Well worth a few months of frugality!
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