“How are you paying for the PCT?”
I must have been asked this question 20 times now — mostly by the imaginary group of enthusiastic readers I have accrued (ok, entirely by them).
The word on the street is the PCT costs about $5000 on trail per person, not counting gear purchased before hand. That’s not to say you couldn’t hike the trail for less, many do, but I think it is a safe place to start and any money we don’t spend will add to our post-trail savings.
Rt and I don’t have a shared bank account so we usually pay for personal things separately and take turns buying shared items like groceries and entertainment. Since this method has been working for 8 plus years we’re gonna stick to it on the trail, with the added caveat that we will likely have to pool resources at the end to buffer any non-employed time. Honestly I don’t think we will spend $10,000 hiking the trail but who knows, maybe Rt will develop an affinity for Coors Light and we’ll have to hire a third person to carry a 24 pack at all times.
Here are some money saving tips I have used from various money saving tip websites:
1. Pay yourself first
I know this is harped on in every money saving guide, but it’s the truth and it works. I decided to put a set amount into my savings every month as soon as I get paid, and then the rest is free to throw back into our economy willy-nilly. This has been working for me for the better part of year.
2. Stop paying for that
Think about your bills every month…what is essential and what could you live without? Rt and I ended up canceling our internet service because we were already paying for a data plan on our phones and all we did was browse the internet at home. We still watch Netflix with chromecast on our TV so we didn’t lose anything but the bill, which was costing us about $1000 a year. Whaaat?
3. Cook at home
This one is kinda lame, and we still go out to eat occasionally, but it definitely saves money to cook at home (unless you are eating the 10 for $1.50 chicken nuggets at BK every night…that’s pretty cheap).
There are a lot of other money saving tips out there from very qualified and most likely secretly rich people (at least one would hope), so go pick your poison!