Motorcycling, sailing, snowboarding—my favorite sports aren't exactly cheap. And if you knit, garden, ski or scuba dive, I’m sure you can relate.
A pricey hobby is worth every dime—but you still have to control your overhead.
Easy Rider: Kenia on her '94 Kawasaki EX500 Ninja
First step: I monitor everything from buying gear to oil changes. (Yes, the chart is geeky. But I'm also an engineer.)
$1800: First bike
$350: Jacket, gloves, boots
|$160: Beginners' Sabot sailing class||
$200: Snow pants & boots
Snowboard: FREE (gift!)"
$200: 1 track day
$20: Gas for 1 weekend ride
|$350: Weekend yacht charter, moor fee, food & drinks||
$500: Tahoe trip (all expenses)
$300: Mammoth trip (all expenses)
$400+: Oil changes, tires, parts
$150: 6-month insurance premium
$75: Annual DMV registration
|None!||$5: Board wax|
How do I pay for all this? I follow the 60% budget solution—4% of my gross income goes toward fun and travel, and 2.5% goes toward a new motorcycle. It also helps that I’m single with no kids (for now!), and that I live in California, where I have easy access to my activities.
|Travel in groups. I split yacht rentals with 9 other people. We carpool on snowboarding trips, split a rental condo, and eat in.|
|Volunteer. I teach a sailing class every summer, so I sail for free!|
|DIY. I do most of my own motorcycle maintenance.|
Break it down. What are your expensive pleasures, and how do you pay for them?
Kenia Perez works
in the aerospace
industry in California.