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…
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…
Working in the superyacht industry provides a special lifestyle. You live and work on board, you have substantial disposable income and you get to travel a lot. But the lifestyle also has its personal and financial challenges. You don’t have job security. It can be stressful working and living with your colleagues, and, most of…
Financial planning is essential for superyacht crew. You are going to have a life after your yachting career. If you plan carefully your yachting career should be a life changing opportunity that enables you to live the future life of your dreams. To action this, you must think about your ideal life in depth and…
Putting together a solid financial plan that is flexible enough to adapt to your changing circumstances, yet solid enough to overcome temporary investment setbacks, isn’t an easy thing to do. That doesn’t mean you can’t do it on your own. Of course you can. But that begs the question, should you do it on your own and do you have the time?
Fast Track Your Yachting Career: Find a Job on a Superyacht It’s an appealing industry, but how do you get your first job on board a superyacht? Listen to this episode of Fast Track Your Yachting Career to find out everything you need to know about getting a your first job on board a superyacht…
Find out everything you need to know about the superyacht seasons in the Mediterranean, the Caribbean and elsewhere.
If you were able to stop working on board the yacht today, what would you fill your days with? You would do things that give you a deep sense of purpose and fulfillment, wouldn’t you? And to do that, you need money. Here’s a 10-step plan to make that happen.
Many yacht crew think they’re financially independent already. They make a good (sometimes very good) income that pays for an exceptionally high standard of living.
But you could argue that’s the worst kind of financial DEPENDENCY. We explain what true financial independence looks like.
