Financing a Hunting Trip
For most on here there is a dream trip floating up around in their heads but there is a question of how to pay for it. This has been a problem for all hunters that wish for that elusive moose, bear, goat, sheep, elk, deer, or any other hunt where you are required to hire a guide or you choose to hire one for that hunt of a lifetime.
First off I am not a financial planner I am just a hunter that learned a long time ago that even with a great job there are going to be some things that will just stay as a dream unless you do something about it, and that time is now. It was over 35 years ago when I was talking with a gentleman and he happened to ask me the $60,000 question at that time. He asked me what I was doing with all of my money. At that time all that I was concerned with was that I had food in my stomach and gas in my truck, the rest didn’t matter. I was what they would call foot loose and fancy free. He then asked me what I enjoyed doing and how much money it would take to continue to do these things. At that time my bank balance looked close to the national debt. A few years earlier I had spent every penny that I had for a brown bear hunt in Alaska when I was 19. That trip had taken all of my savings from all the odd jobs that I had through high school and the summers of lawn mowing.
This man that I had been talking to was a financial planner and he offered to have me come into his office and to plan for my future. Now I had a great job working for a fine company and I didn’t figure that there would be any problems doing what I wanted to do. He however sat me down and started to explain just what it would take to be financially secure in my retirement years. That first visit with him set in motion a savings plan that would eventually grow into my hunting account. At that time I decided to invest money into a mutual fund along with a term life insurance program that his company offered. At that time I didn’t miss the money and then over the years it started to grow and grow. Then when the company that I worked for started a 401K plan I began putting money into it at the maximum rate that I could. Now the 401K would be for my retirement and the other plan was set up for my hunting account.
Now that I am retired my hunting account is to the point that I can withdraw enough funds for a real nice hunt of my choice each and every year without hurting it very much. The company that I worked for gave me real nice retirement and the 401K will go along with that when I start to withdraw from it.
So if you want to plan for a hunt of your dreams in the future and don’t have the funds to pay for it I would suggest that you find yourself a financial planner and sit down with him and let him know where you would like to be in the future as far as the hunts are concerned. He may also be able to help you out for your retirement and what ever else you might enjoy doing that cost money. The big thing is that you need to do it now if you are young. You’ll be surprised at what you will have in 30 or 40 years to be able to draw upon for that dream.