Blog
The Myth of Yachting Luxury: Understanding Real Financial Health
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…
Investment Without Purpose: Why It Fails
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…
The Role of Accountability in Financial Planning for Yacht Crews
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…
Personal Growth and Financial Stability: Achieving both on Board
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…
Currency Transfer for International Superyacht Crew
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…
Navigating the Seas of Offshore Banking for Superyacht Crew
The advice often given to superyacht crew is that they should have an ‘offshore’ bank account. But what does that mean? Why do you need one? And is it the same as an online-only bank account? Also, why not just…
Financial Planning for Yacht Crew: Creating a Secure Future On and Off the Sea
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…
The Financial Challenges Superyacht Crew Face and How to Overcome Them
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…
The Importance of Life Planning before Financial Planning
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…
Bespoke Financial Planning: Tailored for Superyacht Crew Needs
Why would superyacht crew need bespoke financial planning? In fact, why would they need financial planning at all? The first question is easy to answer. Without a proper financial plan, you won’t have the financial foundation to make your life…
Understanding International / Offshore Investments: A Guide for Superyacht Crew
‘Offshore investing’ or ‘international investing’ is often associated with the ultra-rich. In other words, the kind of people superyacht crew like you work for. It’s not seen as something the ordinary person can do, nor maybe even should do. There’s…
How to Invest
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…
Can You Manage Alone?
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…
Why Don’t Financial Planners Work for Free?
In an ideal world, financial planners could work for free. In fact, in an ideal world, everything would be free. But that’s not practical or ever likely. After all, things cost money. And, like everyone else, financial planners have overheads.
But…
What’s the deal with getting my money out?
How to make sure the length of time you are committed to an investment suits your needs.
Find a Job on a Superyacht
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…
Seasons in Yachting
Find out everything you need to know about the superyacht seasons in the Mediterranean, the Caribbean and elsewhere.
How to Build Another Life after Yachting in 10 steps
A fulfilling life doesn’t just happen. It depends on how much control you take. If you take control, you can live the life you want after yachting. If you don’t take control, you’ll end up living a life dictated by…
How to Break Free of the Golden Handcuffs of Yachting
If you stay in yachting long enough, you’ll end up earning a very significant salary. And chances are, you’ll adapt your lifestyle to suit. That’s only human nature. But that makes leaving the yachting industry difficult. You’re wearing golden handcuffs…
Pensions and Retirement Schemes for Yacht Captains
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…
Real Financial Independence for Superyacht Crew
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…
What to Look for in a Seafarer Bank Account
Superyacht crew have a wide range of online banking and app-based banking opportunities, both with traditional banks and the challenger fintechs. So what should you look for in a seafarer bank account?
What Determines a Superyacht Captain’s Salary?
How much does a superyacht captain earn? That’s a bit like asking, “How long is a piece of string?” And the answer depends on both tangible and intangible issues.
The Unique Financial Opportunity for Superyacht Crew
You have the potential to leave the superyacht industry a millionaire. Maybe even wealthier. But how exactly?
9 Powerful Passive Income Ideas for Professional Superyacht Crew
Passive income is something superyacht crew can earn both during their time in yachting and once they’ve left the industry. Here are 9 ways you can do so.
How to Find a Job in Yachting
Find out everything you need to know to get into yachting.
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