Van Life with Caet Cash
In this episode of Financially Naked: Stories from the Financial Gym, host Sam Cash, a Certified Financial Trainer, delves into the fascinating world of van life with her sister, Caet Cash, who has spent the past seven years living on the road. Maybe different than the stereotypical images often associated with van life, Caet shares her journey, beginning with the decision to embrace this unconventional lifestyle after years spent as a wilderness guide.
Despite the fantastic job working outdoors, the reality of low pay prompted Caet to seek a solution that would blend her love for adventure with financial stability. This led to her journey of van dwelling. Sam and Caet explore the intricacies of van ownership, from the initial decision-making process to the practicalities of day-to-day living, offering insights and tips into the financial and logistical considerations of life on the road.
Podcast Notes
Purchase and Costs
Caet Bought a 2012 Ford Transit Connect during the van boom. The basic build cost $9,500, but she later invested $3,000 in improvements. Vans can range in price from very basic, like Caet’s, to over $250,000.
Different van models require specific maintenance and additional costs for modifications. How much you spend will depend on the type of van you want to live in. For maintenance, you’ll want to plan for between $1,500 and $7,500 annually.
Insurance is a requirement for your van. Depending on the build, you may be able to get RV insurance or insure just specific aspects of the build. Getting an appraisal every 3-5 years can help with insurance rates.
Caet’s van build is lighter, sleeker, and much more straightforward. This is because her goal was to save money, and this style is what she is comfortable maintaining.
Living Arrangements & Logistics
Caet has parked in many locations, including parking lots and rural areas. Some businesses, like casinos, Walmart, or Cracker Barrel, are great places to stay overnight. The important thing is to understand the laws where you are staying.
Water setups vary, with tank, filter, and foot pump options. Depending on the size, you can fill them up with a hose. A gym membership is a great option if you don’t have a shower in your van.
You can get a mobile hotspot for your internet needs. Depending on your needs, there are varying levels of power and cost. Caet has a USBC connection that works great for them.
Waste management includes trash disposal and options for portable toilets. Some people like having toilets in their vans. Caet prefers to rely on public bathrooms, which has worked for her.
You’ll have to consider heating and cooling systems depending on where you live. These can be expensive and take up a lot of power. Heating systems powered by propane can also be used for cooking.
Food preparation in vans is limited, requiring creative solutions for cooking and refrigeration. Simple setups, like a camp stove, can be used. A fridge is great because it can store leftovers and keep things cold.
Final Thoughts & Reminders
Depending on your location and van setup, van life may not always be cheaper than renting an apartment. Like owning a house, van ownership requires budgeting for inevitable repairs and maintenance.
Finding reliable professionals for van builds and repairs can be challenging since this is a niche market. Caet prefers a lighter and simpler build because it reduces maintenance needs, and she can do some of the work herself.
When you’re on the road, it can be hard to find a new place to stay every night. Finding a place to stay for a while can be a good option.
Class plays a big part in the experience of living in a car. Each state, county, and city has its own rules. Some places have outlawed sleeping in vehicles, so knowing the rules is important.
There are so many resources out there. Research blogs and pages with lifestyles and budgets similar to yours or the one you want! Finding community, even digitally, can be a key to success for those interested in van life.
If you want to work with a Certified Financial Trainer to help navigate your finances, schedule a free warm-up call today! If you have any ideas or questions for the show, send an email to trainerpodcast@fingyms.com.
Resources
Connect with Caet Cash
Instagram: @woodswomxn