A bar graph that shows what gives people feelings of power: money, status or independence. The bar for independence is much longer than for the other two options.
| |

A Key Piece of Financial Advice for Superyacht Crew

Here’s a stupid question: Who wants to be a millionaire? (As long as the currency is a sensible one, of course.) Let’s face it, the only people who don’t want to be a millionaire are multi-millionaires and billionaires. So it’s a stupid question. Besides, most superyacht crew say they want to be a millionaire, but…

Superyacht crew member under a magnifying glass with a red cross symbol on it
|

Stay Sea Ready: PEMEs and Mandatory Biennial Medical Certification

If you want to work and stay in yachting, your physical condition matters.  It’s a legal requirement that you can prove that you are physically able to do your job on board a superyacht — just as it is for any crew member on board a fishing vessel or a merchant ship. In this article,…

Hands being freed from the handcuffs of a salary
| |

Balancing the Yachting Lifestyle with Financial Freedom

When you work on a superyacht, you’re going to come into contact with two classes of people. Those who have financial freedom and those who don’t. You probably know them better as ‘the owner and the guests’ and ‘your crewmates’.  So how do you get from one side of the divide to the other? How…

A Round Tuit
| | |

The Importance of Financial Planning during the Early Years of Yachting

Do you know what a round tuit is? It’s a magical disc. Here’s a picture: It gives people the ability to do something immediately that they would otherwise have put off doing—usually while promising that they’ll get a round to it one day. Owning a round tuit gets stuff done sooner rather than later. It…

Finding the Best Mortgages for Yacht Crew: Tips and Tricks
| | |

Finding the Best Mortgages for Yacht Crew: Tips and Tricks

You don’t have to be in yachting long before you get the inevitable advice, “Invest in property. You can’t go wrong with bricks and mortar.” At first glance, it’s an attractive suggestion. You’ll need somewhere to live once you leave yachting and, in the meantime, you can rent your property out and make an absolute…

Insurance for Superyacht Crew – Your Financial Lifejacket
| |

Insurance for Superyacht Crew – Your Financial Lifejacket

Are you wearing your lifejacket? You probably aren’t. But you do have one and you also know where it is in case you need it. They are part of the job and of life at sea. You probably don’t give your lifejacket much thought. It’s there for emergencies and that’s great. You’re not sure you’ll…

A silhouette of a footballer celebrating after scoring a goal
|

The Importance of Life Planning for Yacht Crew

You are exactly like Cristiano Ronaldo. Have you heard of him? There’s a chance you have. He’s quite high profile. There’s even a chance you’ve had him on board the yacht you work on. If you haven’t heard of him, don’t worry. All you need to know is that you are exactly like him. Ronaldo…

Superhero taking to the skies
| | |

Change Your World: Best Practices and Recommendations for Saving for Superyacht Crew

Did you know that superyacht crew have a superpower? You might not be able to save the world, but you can save money far beyond the abilities of most people. In fact, you can save so much money, you can change your world. On average, shore-dwellers with a regular 9-to-5 day job are able to…

How to Build Another Life After Yachting: Transitioning with Confidence
| |

How to Build Another Life After Yachting: Transitioning with Confidence

It will happen to you one day. Your time working on board superyachts will be over. That means, right now, you have two choices. You can take the blue pill, and continue to amble through your career in yachting with no real endgame in mind, nor any real notion of what life after yachting could…

Investing Help for Professional Yacht Crew: Building Wealth On Board

Investing Help for Professional Yacht Crew: Building Wealth On Board

Believe it or not, building wealth while you’re working on board a superyacht is very simple. Not only that, it’s easy. So why do most crew leave the industry having spent most or all of their money and having built no wealth for themselves during their yachting career?  What can you do to make sure…