PCT - Money Talks

Let’s talk about finances. I’ll try to breeze through this as painlessly as possible (before your eyes glaze over and you close this page). How exactly are we affording to quit our jobs and spend an entire year traveling? And more importantly, can you do the same? Spoiler Alert: YES YOU CAN.

I’m not going to give you any quick fixes, ways to make thousands of dollars without giving an effort, or secrets that aren’t already out there. What I am going to do is talk you through how we are making this year work for us financially. In order to do that, we had to anticipate what it would cost to spend a year doing the two things we wanted: Thru-Hiking the PCT, and Traveling afterward for 5-6 months.

This post will focus solely on the PCT aspect of our trip. We’ll do another Money Talks blog for our Post Trail Travels.


COST OF THRU-HIKING THE PCT

We read countless blogs, posts, articles, & watched vlogs trying to estimate how much it typically costs one to thru-hike the PCT. The average amount seems to be $6,000 per person. Wait, that’s $1,000 / $1,200 a month?! That cannot be right. You’re living outside - not in a downtown apartment! Well what this includes is: Travel to the Trail, Gear, Resupply, Town Time, Insurance, & Contingency. Essentially, $6,000 (on average) should get you from your couch and back - all inclusive. Let’s break down each of these categories.

PCT BUDGET

Being two people there are aspects of our Gear that we can split, and thus subsidize our total costs. We only need one tent, stove, pot, fuel, battery pack, and are planning on sharing most of our toiletries. That right there is a few hundred dollars in savings. At this point in time, we’ve spent about $3,000 total on our gear. We’ve received a few big-ticket items as gifts (thanks Mom & Dad for your support, and ensuring you can follow our dot on the map with the Garmin InReach Mini), and anticipate our total gear when it’s all said and done to be right around $4,500. This does not include Jess’s camera, but it does include luxury items not just for our hike (our Moment lenses, Jess’s Peak Design gear, etc.). I’m a firm believer in purchasing quality items upfront, to hopefully have less issues along the way. What good is that $50 jacket if it doesn’t keep you warm and you have to buy another one? With that being said, we have tried to search out sales and purchase used gear when we can.

Our Gear price point leaves us around $3,750 each for everything else. We’d like to each have $1,000 for Contingency, so lets drop our budget now to $2,750 each. We have purchased our flights to San Diego, which were $160 each. That puts the remaining tally at $2,590 each. Moving onto Insurance: we’ve purchased with World Nomads, as they’re highly recommended in the backpacking world. After 30 seconds filling in a quick form on their site, we got a quote for $470 each for 6 months on trail. That’s only $78 a month - WAY less than half of what I pay for health insurance now! (We’ll purchase a separate plan with them for the second half of our year.)

World Nomad’s  easy as pie form for an insurance quote. Photo courtesy of their website.

World Nomad’s easy as pie form for an insurance quote. Photo courtesy of their website.

This brings our budget down to $2,120 each for our two remaining categories. First, Town Time - everyone budget-conscious says that they’re going to limit their hotel / hostel stays to save money, but most fall into the trap of wanting a bed to sleep in. We’ll try to be cognizant of that and see how it goes - we’re there to look at the stars anyway right? We are planning on saving significant Town money since I don’t really drink, and we all know that even dollar beer adds up quick! Lastly, Resupply. This varies wildly - do we want to live off fifty-cent Ramen for 6 months? Or $12 hiker dinners? Who knows, but it will likely be a mixture of both. My feeling now is that I’d much rather eat pasta in Italy than those diner pancakes. But realistically I’m sure my hiker hunger will convince me otherwise. At this stage we’re going to each try and make our $2,120 last as long as possible through our Town Time & Resupply. That’s $88 each per week, for those math wizards still keeping up. Daunting? Bring it on.


 

SAVING FOR THE PCT

Our super secret mason jar where we keep all of the cash we’ve made selling our belongings.

Our super secret mason jar where we keep all of the cash we’ve made selling our belongings.

Now that you know how much we’ve budgeted for the PCT, it’s time to talk about how we made this happen. How’d we get our hands on $6,000 each for this? Let's break this into Income & Expenses:

INCOME

Short answer: we’ve tried to work as hard as possible and make as much money as possible. I have a well paying job, and Jess’s photography business is really starting to take off. On top of her business, Jess has kept up part-time nannying to add to her total. We decided to sell nearly all of our possessions, which is bringing in a considerable amount of income we weren’t anticipating (it’s crazy how much stuff one accumulates over the years!).

EXPENSES

We took a look at our monthly expenses, and trimmed everything that wasn’t a necessity for us. That involved calling my insurance company and negotiating a lower premium for my coverage, calling our internet provider and doing the same. We switched cell networks, and cancelled a subscription or two. But did we keep Netflix? Duh..

We then tried to save as much money as possible in three main ways:

1. Food

2. Shopping

3. Travel

First, food. We’ve never been ones to eat out too often, but we cut this back and truly tried to cook the majority of our meals at home. (Shout out to Trader Joe’s - couldn’t live without you so please sponsor us for the trail? Please…..?) Would we still go out for cheap pizza, our favorite Chinese Food, and for special occasions? Of course.

Second, shopping. Neither of us are big shoppers to begin with (I went a year without buying clothes in 2013 and never looked back), and we were much more concerned with getting rid of things we owned rather than buying more. Did Jess drop a hefty penny on upgrading her camera? Yep. Did we invest way too much money on throwing the most epic Harry Potter themed Halloween Party this year? Yep. Did we still buy Christmas presents for our family? Yep - but not for each other. So finding compromises was key here.

Finally, traveling. This was the big one for us; our kryptonite. We knew if we were going to save a significant amount of money, we needed to radically adjust the amount of traveling we did in the year leading up to the Trail. As we both had very flexible jobs that allowed us to work from anywhere, in 2016 we’d traveled excessively - easily spending around 10k on travel. Once we committed to the PCT, we decided to only take two vacations in the next year: one of which was planned and paid for prior to our PCT commitment, and the other was a trip to VA with my parents (that’s two thanks to Mom & Dad today!). Drastically cutting back on traveling proved to be a HUGE savings for us.


There you have it. Once we made up our mind on what we wanted to do, the first step was figuring out how much it cost. Then we did what we could to bring in some extra income, and cut our expenses where feasible. Granted, we were fortunate to have well-paying jobs and a solid income to build off of. But we prioritized saving money and made sacrifices in order to do so. Whatever your kryptonite is, that’s where you’ll likely find the most savings to be had. It hasn’t been enjoyable spending the long winter months in the ugly, brown snow, cold of Philly. And we’re still fighting the urge to jump on a plane to Florida for the rest of February. But I can’t wait to embark on this wild adventure and discover that it was worth it.

Wow, that was lengthy. Props to you if you’ve gotten this far. Leave us a comment if you made it here!

-Sarah (& Jess) // Uphill Adventure

POST 1 of 2; Be on the look out for POST TRAIL TRAVELS - MONEY TALKS. (Complete with more pie charts & Puns, because why the BOYSENBERRY not.)