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…
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…
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…
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…
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…
Pensions may sound boring, but actually the concept is really exciting. They are a type of long-term investment vehicle that could provide you with financial freedom and independence once you stop working in yachting. And you will stop working in the industry one day. In a nutshell, pension plans are a type of savings plan…
A secure financial future is something all superyacht crew should strive for. Why? Because being financially secure will give you the freedom after yachting to choose how you live your life on your terms—free from the demands and priorities of an employer. As superyacht crew, you’re uniquely placed to use your time in yachting to…
