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Guide To Planning an RVing Budget



Whether you’re just wanting to take some weekend getaways or are looking to spend the year in your RV, you’ll want to get your finances in place now so you know just how much fun you’ll be able to have! Budgeting is a delicate art, and perhaps some RVers are less savvy than others at saving, so for those of you looking for a little help, here’s a helpful guide to planning an RVing budget!

What Are You Saving For?


When starting a budget for RVing, you’ll need to think about what your priorities for the year will be, and what you plan to spend your money on! Will you be full-time RVing? Are you going to be taking frequent trips? Will your RV or tow vehicle need repairs? Are you looking to purchase a new RV? These are all important to consider, that way you’ll have a better idea of how much you’ll have to set aside so you can do all the things that you’ll need and want to do!


How Much Have You Spent In Past Years?


When trying to plan ahead, it’s important to take a look back too! By calculating how much you’ve spent the past few years, it’ll give you a better idea of how much you’ll be able to spend in the future! Of course, prices on just about everything can fluctuate from year to year, but it’s a good basis to start from, and you can make a good guess on how much more you’ll be spending this year!


How Often Will You Travel?


Whether you’re full-timing or still living in your home, you’ll want to consider how much you’ll be traveling! Once you’ve determined how much you’ve spent in past years, you’ll be able to roughly calculate how much you will be able to spend this year! The beauty of RVing is that you can be flexible, so don’t discredit the possibility of spontaneous trips, but with reservation systems at many campgrounds, it’ll be easy to plan out your entire camping season and know ahead of time how much you’ll be spending!


What Will You Spend Your Money On?


Just like in your stick and brick home, you’ll have a general idea of how much you’ll spend on everyday items and other recurring expenses while on the road, so you’ll have a ballpark figure on how much you’ll spend on things like food, rent and campsite fees, gas, insurance, registration, household products, and more.

There are plenty of other expenses to consider too, especially if you are sill living in a permanent home instead of full-time RVing. You’ll have to budget around things like health insurance, prescription medications, cell phone, entertainment, as well as your home insurance, mortgage payments, and other fees and bills. It’s a lot more to consider, so be sure to account for all of these items when making your budget!


Full-Time RVing


If you live in your RV full time, it could take a year or two to get a good sense of how much you’ll spend, how often you’ll travel to a new location, and how much maintenance you’ll need, and more! The upside is that you won’t have to factor in both RVing and residential expenses, making it easier to budget! If you are a full-timer who likes to live more spontaneously, be sure to account for that in your finances!


Budgeting Tools


Making a budget on your own and sticking to it is one of the most difficult things people can do in their lifetime, but there are so many resources out there, especially with the rise of smartphones, to make it easier than ever! Consider trying out a budgeting app or budgeting program, which make it incredibly easy to track and control your spending so you can save and budget without feeling alone! Many feature custom alerts that show you how much you have left to spend and if you are on track with your budget!

Try out the Mint app, which is made by the creators of Quicken® and TurboTax®, so your information is secure and safe! It links to your bank account and creates a personalized budget and helps you stick to it! It’s highly rated and can help you stay on track so you can get out there and go RVing more!



Ready to start saving? This guide to planning an RVing budget will help you start setting aside the money you’ll need to have an ultra fun and relaxing RVing season! What tips do you have for budgeting, and what other things do you take into consideration when planning your RV finances? Leave us a comment and let us know!

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