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Skiing Budgets

post #1 of 28
Thread Starter 
Its my annual time of the year to put together my skiing budget for the upcomming ski season. Those who do not budget often get suprises.
Every year I make out my annual budget for skiing and every year I exceed my budget. The key must be in setting a lower budget than I normally would, then when I go over I will be about where I would have set my budget right? thats how it works right? Sounds good to me.
So this year I pledge to not spend more than $7.00 for every $1.00 I make as a ski instructor on skiing. Thats a 22% cut in the projected budget.
Right now I am dickering on a boat and if I get it, I will have to make certain concessions to the war department on the skiing budget. At least in principle.
post #2 of 28
Budgets? Yuck. Well all I know at this point is what is not in the budget.

Trip anyplace outside of Colorado
Skiing anyplace but resorts on the Colorado Pass
Any new equipment or clothing

Rather boring, oh well. On the plus side I can ski Keystone, A-basin, Vail and Beaver Creek.
post #3 of 28
Yes, the ski budget is MOST important. My method is bomb proof. FIRST: Buy all equipment needed or advisable, season pass or budget pass,pay for boot fitting and pre-paid lift tix vouchers; put $$$ away for planned ski travel; flowers for wifey when she hears about the budget. Use the remaninder for food, electric, gas, mortgage, etc. and any lift tix not accounted for in the first instance.
post #4 of 28
Quote:
Originally posted by Pierre eh!:
Its my annual time of the year to put together my skiing budget for the upcomming ski season. Those who do not budget often get suprises.
Every year I make out my annual budget for skiing and every year I exceed my budget. The key must be in setting a lower budget than I normally would, then when I go over I will be about where I would have set my budget right? thats how it works right? Sounds good to me.
So this year I pledge to not spend more than $7.00 for every $1.00 I make as a ski instructor on skiing. Thats a 22% cut in the projected budget.
Right now I am dickering on a boat and if I get it, I will have to make certain concessions to the war department on the skiing budget. At least in principle.
Zis may be completely unrelated, but do you happen to ski vith a pocket protector?

Sine I am a movie superstar making millions und millions of dollars I never vorry about hafing to budget.
post #5 of 28
"Rather boring, oh well. On the plus side I can ski Keystone, A-basin, Vail and Beaver Creek."

Hah! try skiing at greek peak for 20 days every season! That is, if they are open 20 days.
post #6 of 28
OK, I started to think about my annual ski spend, and I nearly died...

$1000 per week on trips, and I only do at least 3 weeks a year
$700-1000 on gear and clothing (so that's $250-350 a week!)
$500ish per week on food/drink when I get there...

S
post #7 of 28
I spend about 90% of my discretionary funds on helicopter skiing. Usually this means I take it out of savings or investment funds. What I make as an instructor I spend. I am hoping the kids get college scholarships. I told them it was pretty important, because a semester at the U costs as much as their parents' week in B.C.

[Please do not send angry PMs: I am jesting, surely.]
post #8 of 28
Many years ago I learned the best way to budget for a ski season is to spend whatever you need whenever you need, then just pick up the pieces at the end of the season.

This technique has made me the wealthy individual I am today.

post #9 of 28
Quote:
Originally posted by Oykie:
"Rather boring, oh well. On the plus side I can ski Keystone, A-basin, Vail and Beaver Creek."

Hah! try skiing at greek peak for 20 days every season! That is, if they are open 20 days.
Yes I know. Cry me a river.
post #10 of 28
all hail the ASC all-EAST student pass cuurently on sale for 265. 6 days and i ski for free. this is thge only good thing ever to come out of that damn mcskiing operation. damn i love being in college!!!!!
post #11 of 28
I have my ski equipment for this year.

my money is going to lift tickets and a trip to Utah in 2003.

mtb gear is my first budget priority and I have two bikes to sell, one bike to build throughout this upcoming Fall season.
post #12 of 28
Lemme see...my, budget! Accept yet another job in the ski biz, paying approximately 40% of what I made in private biz, immediately move within 5 minutes of the resort, paying triple the mortgage in NM in rent! Rep as much as possible for swag and equipment and use biz card for free tix at other resorts undoubtedly dazzled by said position in industry. This all works, until the heir to my fortune gets set up for another race season......
note to self: buy more lottery tickets.
post #13 of 28
I not going to post any numbers here wife may read this and I'm not prepared to deal with that just yet
post #14 of 28
Good lord, I hate to face this subject. I used to be a shotputter and discus thrower. Implements cost about $250--and shoes about $85. that's it. Sprinting? $90 for spikes.

Skiing? $200 for season pass to Greek Peak, NY, $2000 for 2 trips West, $1500 for a week of Mt. Hood this summer, aroung $750 net each year for whatever my trading doesn't cover to buy new race and rec skis, clothing on average $250. Lift tickets around the East $500, Miscellaneous gear $200.
USSA $70. So close to $5000/yr. Divide by 40 ski days per year---oh my god!

Hmmmm. at 7% a year, compounded monthly....

[ August 15, 2002, 02:07 PM: Message edited by: TJazz ]
post #15 of 28
I don't want to think about it.
post #16 of 28
Gonzo!!

Quote:
mtb gear is my first budget priority and I have two bikes to sell, one bike to build throughout this upcoming Fall season
Your priorities are out of order my fellow mtn biking junkie.

Ed
post #17 of 28
You don't need a budget, you need a stratigy.

You've got the cloths, you've got the skis, boots & poles. Go for the season pass. Great value if purchased now since you still have a whole ski season to amoritize it over ($500/6 months = $83.33/ month). By buying now, you can show your loved one that you are wise in getting the best value for your money. After all it would be a shame not to recope the cost of that season pass. "Gee dear, you didn't let me go skiing the 20 times it would take to break even (OK the math is off 12 times, but a little streching never hurt). You kept me from getting the full value for the money. It's your fault it got waisted" (Turnabout is such fun sometimes). In these analysis, I never include the cost for the day trip to the mountain, or the annual trip to Utah (We stay with friends). Oh the car get miles on it but what a way to go. There are ways to economize.

Other suggestions --
Buy last year's best gear at the end of the season. Make friends with the ski dog at the local shop and get him to hold you a pair of those dream skis. My boots Lange, V7's $180 (I paid for a custom fitting on them, another $100). Ski's, Volant T3 Powers plus Look P-8 bindings, $450. Hit the ski cloths outlets. I hit Northface's Outlet seveal times a year. I just purchased a liner, skijacket & skipants for my youngest son for $150. Top quality gear from the samples rack, gortex too. Purchase your SUV from Hertz. A couple of years ago I picked up a Montero Sport for only $16K. For the kids I buy rental or demo skis. The bindings adjust to any boot. It takes a while to find a good pair, but it can be done. I worked with a shop guy last year and picked up a pair of Ross 10.4 Cut's and Volant Gravity's for the kids for $250. The big hit was the boots, 2 pair, $450 including the custom insoles.

Big trip to Utah last year in December, borther paid the gas, and food. I used frequet flyer miles to pay for hotel(Fiends were in Canada skiing of all things). Plus we took advantage of the ski discount $20.02 discount coupon deal. Try skiing Alta for $18 a day, PC for $28.

Hit the co-marketing stores, I get $5-$15 off of lift tickets for the days my season pass was blacked out. McDonnals $5 off at Sugar Bowl. Alberson $15 off Heavenly Valley.

Buy value based season passes. I purchase the one from Kirkwood that excludes Christmas Vacation, and the two holiday weekends (Usally not the holiday it's self, guess when I go ski?). In that case I go ski somewhere else for variety. I must have gone up to that mountain about 20 time last year. I got my value.
This year with 3 season passes and all of the gear, its just a tank of gas up and back plus food. And if they want new ski's for Christmas, well, that comes out of the Christmas budet.

There are ways to feed the passon on a budget.

WAS
post #18 of 28
yoo hoo delete button ... double post for all too see.

[ August 16, 2002, 06:46 AM: Message edited by: man from oz ]
post #19 of 28
pierre

I have a nice Descente suit with shoulder pads that needs a good home... if ya get stuck that is.

Budget ... what in one lifetime?

Oz [img]smile.gif[/img]
post #20 of 28
No no. Not the shoulder pads!

Budget?
Clothing is what kills me. I have to have Phenix stuff and it's never on sale. But I'm all set for this year, re: clothing and gear.

Next year? Ouch!
post #21 of 28
My budgeting strategy is fairly simple: save money on food via the direct infusion of calorific malty recreational beverages. As grandpa used to say, "there's food in the beer, but no beer in the food."
Of course, he died of cirrhosis of the liver, but I'm sure the booze had nothing to do with it.
post #22 of 28
My budget stays fairly sane mainly because of I don't spend much on travel. (The last thing I want to do for a vacation is head somewhere rural, mountainous and cold....I get enough of that where I live). Basically I spend $500 for a season pass at Bridger Bowl, another $300 skiing other resorts and around $1000 on equipment.
post #23 of 28
It looks like I shouldn't have any problem booking an instructor this season -- since I'm the only one budgeting any money for lessons!!!!!!!

MXP
post #24 of 28
I'm an opportunist, and never crunch numbers to budget anything; I buy what I need on a credit card, and it always gets paid down eventually. If I have to ask myself if something's too expensive, it is. Simple, stress free economics.
post #25 of 28
Once you hit 30 the list of friends that go skiing on a regular basis starts to shrink. Since most of you are devoted fans, you will go anyway, with or without friends, family etc.

One approach that put things into perspective for me and my friends was to look at the premium years in which you can enjoy the sport. For most, that is about 20 years worth of lift tickets. Teen years generally don't count for a variety of reasons and after 50 or so, the body can't do all the things you would like it to.

So for 20 good years, if you go out 20 days a year, then you are buying the last 400 lift tickets that really count. Not to sound somber, but this should be incredibly motivating so that you use the best equipment (not the most expensive...), train like a fiend, and be on the first and last chairlift...

If you are going to pay hundreds of dollars and travel thousands of miles, shouldn't you spend your time on world class terrain (on or off piste)?
post #26 of 28
Last season I splurged and bought two new ski shells and pants and two fleece mid-layers replacing my 9 year old North Face down jacket and pants. No new skis last season. I hope to get a extra pair of Raichle Flexon Comp's this season before they totally disappear. Am going to try to avoid new skis this season and just spend $'s skiing. Maybe the Bears gathering in Utah if I can make it. [img]smile.gif[/img]
post #27 of 28
Mrs. Skicrazy & I just sent #1 son off to college, so we ARE on a skiing budget. I'm scared to even add this up:

2 Vail\Beaver Creek merchant passes $1200
1 Eagle County High School V\BC pass $200
2 Eagle County Middle School V\BC Passes $280
1 Copper discount pass card $10

We'll no doubt get sucked into a pass for #1 son (even if he won't get in 100 days this year) $300

Escape for 2 to Steamboat, Telluride, Mary Jane a couple of times $500

Ski Cooper 5 times $250

Alta/Snowbird trip with the Bears (with maybe a detour to Grand Targee or Brian Head) $1000. Good thing Grandma lives in Salt Lake.

Argh!!!!! I'm going to need a second job!

New helmet for Mrs. Skicrazy $50 (a friend in Steamboat all ready has it set aside).

New poles for me $50.

High end seasonal rentals for the twins $300

Argh!!!!! Mrs. Skicrazy is going to need a second job!

This dosen't include food, gloves (someone always forgets or looses them), neck gators (ditto), etc.
$500

Anybody want to rent some used kids??????
post #28 of 28
My budget: hubby has 21 days holiday per year. Take out 5 days visiting family at Christmas. 6 days random summer holidays/long weekends/bridge congresses.

That leaves 10 days skiing, unless I go without him.
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