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Recession Woes

Site - News

Hi everyone I wanted to update everyone on the progress here or lack thereof lately.  Due to the recession I have lost my job and with a newborn child and family to support I do not have the time to spend on the website at the moment.  You will still continue to earn points in the meantime and please add to our reviews as that goes a long ways towards helping everyone out there.  That's all for now, I need to find a job.  Keep your hopes up and take a kid fishing if you can Cool

 

Lifetime Fishing License / Permit

BassH2o - Articles

We will use California as an example in this article because it's fees are the highest in the nation but the same principle should apply everywhere.

You might have asked yourself “Should I buy a lifetime license?”  Or maybe you didn’t even know that such a thing existed.  Not much money spent on the sport of fishing ever puts cash in your pocket.  Your boat gets old and loses value and the same goes for your tackle. What if there was something you could buy that appreciated in value every year?  Well as the title of the article suggests, a lifetime fishing license would do just that.  But wait that’s a lot of money isn’t it?  Is it?  How much do you spend in a year of fishing?  How many rods, reels, baits, and lures do you buy every season?

As of 2009 the cost of a 1 year license in California is $41.20.  A lifetime license has 4 price tiers based on age.  For ages 0-9 the cost is $459.25, ages 10-39 is $754.75, ages 40-61 is $679.50, and ages 62+ is $459.25.  The Department of fish and Game (DFG) reports that over the past 5 years the cost for a license has increased by an average of 4.7% per year.  At that rate a lifetime license would pay for itself in just 9 to 14 years depending on which pricing tier you fall into.  Every year after that would be money in your pocket.  How much money?  Well at this rate of increase in fifty years a one year license will be $391.10.  Buying a one year license for the next 50 years would cast you $7835.72.  That’s enough money to buy a decent used boat today.  Let’s look at the numbers in the chart below.

 

 




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