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…
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…
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…
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…
Have you seen the meme with Denzel Washington? The one that questions your very existence as superyacht crew? This one: It’s one of ours. Maybe you know it, maybe you don’t. Regardless, you probably do recognise the truth of what it says. The truth that you work in a world that isn’t actually yours, even…
Here’s something you’ve probably never been told before: Investment without purpose is meaningless. Here’s another one: Money is boring. Taken together, they are the two main reasons why for many superyacht crew investing is not only a wasted opportunity, but likely to fail miserably as well. And, unfortunately, a lot of the non-expert advice given to superyacht…
A few years ago, we came to the conclusion that something was holding superyacht crew back from reaching their financial goals. We’re not talking about superyacht crew who talk a good talk about financial planning but don’t actually do anything. They never squeeze the full financial benefit of working in yachting. No, we’re talking about…
Ironically, a superyacht gives you both the best environment for personal growth and financial stability—and the worst. When guests or the owners are on board, it’s a high-pressure, high performance place. One that leaves little space for you to think about yourself, your personal growth and your financial stability. The boat and your duties become…
What happens when your income tap stops working? You’ll have some money left for a while. But eventually, it will run out. HINT: Your ability to make money is your money tap. Illness and injury are reasons why you might not be able to keep the tap running. Short-term illness or injury, say a month or…
Currency transfers and working in the superyacht industry go hand in hand. It’s highly likely that in your yachting career, you’re going to be paid in a currency that is not your home currency. That means you’re going to be dealing with currency transfers. While these aren’t as complicated as they once were, thanks to…