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Old 12-19-08, 05:03 PM   #1
slim_77
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"Holy Crap!" or your '09 race budget

My wife and I sat down to do our annual budget for 2009 (really for the first time ever) and so I had to determine my annual cycling fund.

I was not supprised to see how much I have spent on cycling, ahem...excluding my bike. That falls under '08 and we're not going there.

here is is in short:

fees: $400
license/s: comped by team
09 kit: $419
  • 2 SS jerseys
  • 1 LS jersey
  • 2 bib shorts
  • 1 vest
  • 1 cap
Gas: ~$300???(I hope not)
Hotels: <$200 (I hope)
gel/bars/recovery: $60/month
misc. maint: $200

Grand total: $1900
ok really, $2k

...or $166/mo.

Not too terrible; I prob left something out.

How is you '09 budget looking?

any tips for budget minded people?
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Old 12-19-08, 05:12 PM   #2
dmotoguy
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tell her she is lucky: you dont have any bike builds, general schwag purchases, cyclingpeaks/trainingpeaks, etc.
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Old 12-19-08, 05:13 PM   #3
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My budget is $40 whether I like it or not, but I get another $6 every day I ride to work instead of drive and any money I make building wheels or subbing during my prep period goes into that pool. I only buy one team jersey and one team bib. Gels and bars only come along on the longer rides and my energy drink is Gatorade. I avoid races which require a hotel stay and room with family or teammates whenever possible. I race on inexpensive equipment and sell anything I don't use on ebay. This usually allows me 2 races per month from Feb through July.
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Old 12-19-08, 05:22 PM   #4
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I don't want to think about it too much, but I figure riding most days instead of driving must be worth something, and she does her own riding and racing (triathlons) to at least somewhat offset mine. I spend more on equipment, but we probably both spend about the same on travel & fees. Have you guys seen how much an Ironman entry fee is?!?
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Old 12-19-08, 05:29 PM   #5
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any tips for budget minded people?
Don't add it up...

Pay as you go...

Seems smaller that way...



Mine is going to be huge...

BUMP Series is going to be $100

Mt. Washington $300

Equinox $65

Whiteface $40

Burke $100

I am going to stop there...

It hurts...
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Old 12-19-08, 05:32 PM   #6
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I don't even want to total it up cause:

Kits: team
tires: team
Frame: team
converting bikes from campy to sram: Too much
an average 3 hour drive to each race: Way too much
race reimbursement: team
Entry fees/Hotels for any multi day race or back to back days: Way too much
energy bars/gel/drink: team(hopefully)
The stuff you never plan on like crash replacement or broken stuff: Always too much


Total: Poor house
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Old 12-19-08, 05:34 PM   #7
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I spent around 4k last year (not including bike upkeep costs). Will be about the same this year.
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Old 12-19-08, 05:45 PM   #8
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I just go race. If I don't have the money, i don't go, simple as that.

That said, I've probably spent $5,000 on entry fees, gas, food (after race real food, gels, drinks) tires, tubes, new equipment. I did not buy a bike but I bought/built 3 pairs of wheels

Last edited by nitropowered; 12-19-08 at 05:49 PM.
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Old 12-19-08, 05:47 PM   #9
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Your wife should be happy you don't race cars or sail
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Old 12-19-08, 05:49 PM   #10
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From start of season till may:

Race license: Paid by university
Race fees: paid by university (mostly I hope)
Gas: Paid mostly by university
Hotel fees: Doesn't apply, don't do anything but crits and local RR's during this time.

From may onwards:

Everything is by me unless I get onto the team I want to get on. Really hoping that happens.
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Old 12-19-08, 05:50 PM   #11
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Partial sponsorship of GL race team: $1,000

USCF license renewal fee: $60

New bicycle and wheels for 2009: $7,000

15 or so entry fees to various races: Approx $500

Getting yelled at by my own team mates (whose entry fees I actually helped pay) during the races: priceless.
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Old 12-19-08, 05:55 PM   #12
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From start of season till may:

Race license: Paid by university
Race fees: paid by university (mostly I hope)
Gas: Paid mostly by university
Hotel fees: Doesn't apply, don't do anything but crits and local RR's during this time.


From may onwards:

Everything is by me unless I get onto the team I want to get on. Really hoping that happens.
what team?
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Old 12-19-08, 05:59 PM   #13
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what team?
I want to race on the CCNS squad for the next two seasons. Working to get to a point where Aidan will let me on. Aidan's been a big help so far, and the guys on the team are cool. Plus, they're local to where I go to school and will (probably) work during the summer.

Why, do you know any others in the area?
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Old 12-19-08, 06:05 PM   #14
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not up there. the ones i know in the general area are invite only (which i've never fully understood).
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Old 12-19-08, 06:43 PM   #15
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Since I'm getting back into this for 2009, I just looked at the WSBA calendar and started planning things out. I'm guessing that I'll do 12-15 races this coming year, so entry fees, gas and general raceday expenses are probably going to be $1000 and then there is the license and WSBA number, tires/chains etc. So I figure $1,500 for operating expenses.

On the capital side, I'd like to get a new set of wheels. Probably $1000-$1500 there.

Do I have to count depreciation? Straight line or accelerated?

You can probably guess that I am a finance geek when I'm not pretending to be an athlete.
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Old 12-19-08, 06:43 PM   #16
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I don't like to add it all up. If I did I wouldn't spend as much and as a result I wouldn't be as happy. Sad but true.

Considering I bought a powertap, a cross bike, and a TT frame/build, in addition to team kit, a lot of races, a few big area rides, some travel and overnight.....ugh....I am guess over $10K.

I'll know when I get done doing the books.

I'd like to set a budget this year, but like I said...I would end up sad.

WHat makes it easier is that I basically plan to stick mostly to racing. I pretty much only wear team kit now so easy choice when it comes to clothing...no temptations to buy nice gear for rides I never take.

It's easier to just manage entry fees and transport. I notice when racing I tend to not buy as much crap either...unless it breaks. That should help.
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Old 12-19-08, 06:48 PM   #17
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The team I just joined is reported to have a generous race reimbursement policy as long as you do your volunteer hours. I'm not going to complain.
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Old 12-19-08, 06:52 PM   #18
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I left a team that had a generous race reimbursement but no clothing allowance for a team that provided kits but no race reimbursement. So far, it's a wash.
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Old 12-19-08, 07:05 PM   #19
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Shrug.
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Old 12-19-08, 07:06 PM   #20
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No price can be put on my sanity.
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Old 12-19-08, 07:12 PM   #21
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Shrug.
Easy for you to say.
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Old 12-19-08, 07:12 PM   #22
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No price can be put on my sanity.
Every man has his price.
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Old 12-19-08, 07:16 PM   #23
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Every man has his price.
And mine is cheap too.
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Old 12-19-08, 07:26 PM   #24
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I don't like to add it all up. If I did I wouldn't spend as much and as a result I wouldn't be as happy. Sad but true.

Considering I bought a powertap, a cross bike, and a TT frame/build, in addition to team kit, a lot of races, a few big area rides, some travel and overnight.....ugh....I am guess over $10K.

I'll know when I get done doing the books.

I'd like to set a budget this year, but like I said...I would end up sad.

WHat makes it easier is that I basically plan to stick mostly to racing. I pretty much only wear team kit now so easy choice when it comes to clothing...no temptations to buy nice gear for rides I never take.

It's easier to just manage entry fees and transport. I notice when racing I tend to not buy as much crap either...unless it breaks. That should help.
I find that after I do a race for a couple of weekends in a row, I totally forget about schwag. When you're racing you KNOW the bike doesn't make a difference and that all you need is tubes and a way of getting there to pay race fees.

I've never looked down at a pair of shifters during a race and thought, man, that last shift just wasn't quick enough. I could have made that break if I'd had DA.

My budget is still going to be high, though...............grrr
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Old 12-19-08, 07:29 PM   #25
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Actually I'll be curious to see how many races happen next year. Sponsors are being squeezed big time. Not sure how many companies are going to be willing to sponsor bike races. We had a full calendar last year, but I suspect some events may get cancelled or scaled back.
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