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Dipnetting 2018: A Record-Breaking Catch!

Dipnetting 2018: A Record-Breaking Catch!

If you’ve been around, you already know that Dipnetting is my favorite holiday. It’s so fantastic. And after last year’s rainy year with less fish, it was nice to have a sunny year with lots of fish! But I’m getting ahead of myself. Here’s the story of Dipnetting 2018:

All through June, there were dismal salmon counts reported thanks to a “blob” of warm water that stunted spawning off the coast of Alaska a few years ago. There were fears there would be no fish to catch! We had planned to go fishing on Monday, July 16, but the fish counts were still unseasonably low, so we postponed until Wednesday.

We got down there Wednesday and fished Wednesday afternoon/evening and Mr. T and I caught a combined 9 (I only caught 1 of those). Mr. T got back in the water Thursday morning and only caught 1. Then, during the low tide Thursday afternoon, we both got back in the water with our nets and the fish came! It’s always so fun to see a spike in fish while you’re in the water. It starts boiling with salmon and we were just throwing them out of the water. We filled our coolers and had to stop because we couldn’t fit any more!

Our friends joined us Thursday night and we watched their two teenage sons catch 20 before we all ate dinner. We got home Friday around 5pm and Mr. T and I washed and filleted salmon until around 10:30pm and then packaged all the fillets with the FoodSaver for the freezer until about 2am Saturday.

We ended with a total of 34 sockeye salmon! (though our household limit is 65, we never need that much!) That equals 91.8 lbs of edible salmon fillets! 

Biggest fillet this year: 34 oz

Smallest fillet this year: 12 oz

Dipnetting Costs

Because you know I like to calculate all of our costs, here is everything we spent for this year’s dipnetting trip:

  • $107.46 – 2 new camping pads for Mr. T and I. After waking up on our $7 cheap inflatable pads with leaks and being extra sore for the second day of fishing, I decided we were too old for this and immediately ordered some nice camping pads for next year. So, even though we didn’t get to enjoy them for this year’s trip, I’m counting them as part of this year’s costs.
  • $60 – The cost of 2 nights of camping on the beach and a $10 drop-off fee (we’ve only ever stayed 1 night in the past, but quite enjoyed being there a second night).
  • $42 – Gas for the car for the roundtrip.
  • $6.58 – Ice to keep the fish cool.
  • $17.34 – The annual Blizzards at DQ for all five of us post-dipnetting on the way home (Mr. T and I split a large to cut costs).
  • $12.35 – Some PVC fittings and a plastic container: Every year I descale the fish while Mr. T fillets. I’ve been doing this in our coolers in the grass, but the bending over gets harder each year. This year, Mr. T developed a sort of sink think that drained the water out and he clamped the hose to the side so I could do everything standing up. It made it so much easier!
  • $58 – Fishing licenses for Mr. T and I.
  • $69.90 – 1 new net (just the netting) and 2 new pole extensions. After catching very little last year with my short net and dumb netting, we got me new netting and 2 pole extensions to make my net as long as his. I’m happy to report I was a very successful fisherwoman this year with the new gear!
  • $66 – The cost to get 12 lbs of our fish professionally smoked.

Total Costs: $439.63 – A much more expensive year than usual thanks to new gear and staying an extra night.

Total Cost Per Pound: $4.79/lb 

It was a record-breaking year for us on poundage (the most edible meat we’ve ever caught!) but it was also a record-breaking year for our cost per pound (in a bad way). Check out Dipnetting 2015, Dipnetting 2016, and Dipnetting 2017 to compare. $4.79 is still pretty good for market rate fresh sockeye salmon that we eat weekly. If you end up with some salmon, be sure to check out Mr. T’s perfect salmon recipe!

How Entrepreneurship is Like Dipnetting

How Entrepreneurship is Like Dipnetting

On Monday, I shared our dipnetting experience this year. Collectively, we caught 21. My contribution: 1. That’s right. I caught 1 salmon and spent nearly the same amount of time in the water as Mr. T. Since I had a lot of time to think about stuff as I was carrying my net and not catching fish, I realized our entrepreneurship journey is actually a lot like dipnetting (you all missed my analogies this summer. Admit it!). Here’s how:

Nets Out of Water Don’t Catch Fish

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Dipnetting 2017: The Year With Less Fish

Dipnetting 2017: The Year With Less Fish

Our annual dipnetting trip this year was out of the ordinary. First off, the fish weren’t there. Usually the fish come in droves around July 15-17. We went down on July 17-18 and the fish still weren’t there. Here’s a graph comparing this year’s sockeye salmon run numbers throughout July and August (the red line) and last year’s numbers (the black line). See that big spike in the black line where it dips in the red? Yeah. That’s  when we went fishing. It got so weird that they even talked about shutting down dipnetting for awhile to let more salmon get up the river, and the counts finally rose a week later only when they shut down the commercial fishery for a few days.

Fish Counts

Despite the lack of fish in the river, we actually did quite well. We caught 21 salmon and they were pretty big this year. (I only caught 1 and Mr. T caught 20… but his net is significantly longer, so he was the only one in our group that actually managed to catch any fish.)

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Dipnetting for Alaskan Salmon

Dipnetting: Subsistence Salmon Fishing

Hey friends! We’ve updated our newsletter to be a weekly email that goes out on Saturday mornings complete with blog post links, random spattering of other interesting links from the interwebs, and some friendly updates on the Banks. Sign up on the sidebar. Try it out. If you hate it, unsubscribe after the first email! I won’t be offended. I have heard several express interest in knowing more about the kind of things I read outside of the blog. I’ve changed our newsletter to share those interesting things that just don’t seem to fit here (and there are loads!)

You may have noticed last week I posted our UK post without pictures. It’s now updated, so check that out. The reason? The reds were running! If that phrase makes no sense to you, I’ll translate: “Over 50,000 Sockeye salmon are running up the Kenai river every single day and everything must stop so we can go catch them!”

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Dipnetting: How do you get your salmon?

Another fabulous benefit of being an Alaska state resident is the opportunity to dipnet for personal-use salmon. Between July 10-31, Alaska residents can use a gigantic net on a really long pole to catch salmon. The household limit is 25 for the head of household and 10 for each household member thereafter. If you haven’t already done the math in your head, our household limit is 65 salmon. Now that’s a ridiculous amount of salmon. We don’t bring home nearly that amount and we still eat it weekly in our home. It helps significantly with the food budget plus the added health benefits. And kids love salmon. Florin and Lui ate tons of it as babies and loved it. They still do.

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2018: Year in Review

January:

  • I am put in charge of the welfare program for our church congregation. This mainly means I help people with their finances and help get food to those that need it.
  • All the kids start swimming twice a week.
  • My company is acquired by a BIG company.
  • Amazon significantly cuts royalties for shirt sales.

February-March:

  • More swimming. Lui decides he forgets everything and can no longer even do a back float. We quit swimming at the end of March.
  • I try to figure out how to balance church stuff and working for this giant company. In these months, it meant working a lot more than usual.

April:

  • I am hired as an hourly employee instead of a contractor.
  • We try to catch up on loading shirts that “fell off” Amazon before our big trip. (If they don’t sell in 90 days, Amazon deletes them. Luckily, in June, they extended this to 180 days.) We don’t make any new designs.

May-June:

  • We get those kids through those last few weeks of school.
  • We go on a 28-day amazing vacation through the UK, Norway, and Iceland without family and think how great it would be to be able to do that every single year.
  • I get bronchitis on the flight home and spend two weeks in bed.

July:

August:

  • My sister and her family come to visit from Texas. We see tons of whales, hike a glacier, camp in a cabin, and have a great time.
  • Amazon opens UK and Germany shirt markets. We decide to try to actually sell shirts again. (Up to this point we’ve mostly been putting old designs back up and that’s about it.)
  • Kids start school (Lui preschool).

September:

  • I hire two graphic designers on a per-design basis to help with new shirt designs. It’s scary and way out of my comfort zone. Before finding two that work great, I have to tell someone it’s not going to work. Even scarier.
  • I attend a t-shirt selling conference in Seattle with a whole bunch of people that sell tens of thousands of shirts a year.

October:

  • The PFD helps us cut our mortgage in half.
  • We take an epic road trip as a family from Yellowstone to Minneapolis seeing many National parks.
  • I spend a few days at the new office of Big Company.
  • We hit shirts hard. Sales start coming for Q4.

November:

  • We keep designing, loading, and editing designs from our designers onto t-shirt.
  • I start experimenting with publishing books on Amazon.
  • I’m now friends with the people with the top selling shirts on Amazon for Thanksgiving.
  • I learn to only compete against myself because my journey is very different than theirs (and I ignored the side hustle for most of the year).
  • Sales keep coming, but with the royalty cut in January, income is lower than last year.
  • EARTHQUAKE

December:

  • With the earthquake and the holidays, most of our December is spent cleaning up and settling down.
  • We make our last extra mortgage payment on the house (paid it off yesterday!).
  • We gather data from our shirt sales and make plans for an epic 2020 (with 2019 as a building year).
  • I hire one of my designers to start full-time in February. Another scary move. It’s accidental, but her monthly fee seemed too good to not try.

2019 is set up to be an interesting year. No mortgage (more on that later). A full time designer. Balancing church and work and side hustle. It’s a good year to build. No massive trips planned (though I’m sure we’ll travel). In September, I’ll have all my kids in school full time. Seems like a year to take risks and see what’s possible. I’m excited!

July 2018 Plan Update

July 2018 Plan Update

July in Alaska is so wonderful and we enjoyed our time at parks, on bike rides, and going fishing! We’ve been running around like crazy people this whole summer and it doesn’t look like that will end for a few more weeks when school starts again.

The Numbers:

Want to know how easy it is for us to write these every month? I literally just log into my Personal Capital and revel in all the numbers being in one place. Do you like checking numbers? Do you like graphics? Do you like playing with calculators like retirement calculators and how much your fees are costing you? Then, you should obviously use my affiliate link to Sign up here to help yours truly speed toward financial independence! (Also feel free to read my more in-depth review of Personal Capital.)

Our mortgage is now at $19,980. EVERYONE DANCE! WE’RE BELOW $20,000! I threw enough extra toward this to get it below $20,000 and now I’m working like crazy to make up for doing so. 🙂

Investments are now at $217,000. This includes my $385 401k I just got from work. My newly-acquired company is terrible. I hate work so much. It’s so terrible. The company has moved from a small start-up full of entrepreneurs to giant conglomerate big business almost overnight and it’s completely depressing. However, I’m committed to keeping my job until the mortgage is paid off. So, I’ve trained Mr. T, whenever I say: “ugh, I want to quit my job” to respond with: “Just remember your 401k!” – it’s somewhat motivating. Hopefully work will improve but at this rate, I’m not all that hopeful.

2018 Financial Goals Update:

  • KILL THE MORTGAGE – $19,980! I am SO EXCITED we got this below $20,000! This means with $7,000 of our PFD this year and our regular mortgage payments, we only have to find an extra $8500 to kill this thing by the end of the year!
  • Merch Challenge Update (paying for our 27-night Europe trip and our extra mortgage payments with t-shirt sales) –  -$2,055.93 – Earned: $14,656.93, Spent: $16,712.86 (with “earned” meaning the money we’ve made from selling shirts on Amazon and “spent” meaning all of the costs for the trip as well as any extra payments toward our mortgage) – June was our most depressing month of t-shirt sales for a long time. We made less than $500. We haven’t really had time this summer to hit it hard again, but we’re hoping next month we can really get going because we need our sales to dramatically improve!
  • Max out Mr. T’s 401k – Automatic – however, limits rose to $18,500/year which makes it messy if you get 24 paychecks a year. We’ll probably make a contribution toward the end of the year to top it off.
  • Stretch Goal: Put $5500 into My Roth IRA – Not yet.
  • Market-Based Goal: $250,000 in investments by the end of 2018 – Not yet.

Notable Expenses This Month: The Story Our Money Tells:

These are expenses that tell an interesting story. A peek into our lives through our pocketbook:

  • $44.99 – That heart-shaped Waffle iron I warned you about
  • $439.63 – Dipnetting Costs
  • $33.27 – Batting and backing material for a denim quilt Florin and I have been working on for her.
  • $66.98 – School clothes for the girls.
  • $77.60 – Eye exam for one of the kids.
  • $12.99 – Haircut for Mr.T
  • $30 – My haircut. I didn’t make Mr. T do it this time. He’s grateful.

Financial Phrases:

These are things said by actual people that were either talking to me or near me enough that I could hear them:

  • “I pay some debt off every month. I don’t have enough to pay all of the bills, but I rotate so that no bill goes longer than a few months without being paid.”
  • “I feel like we’ve saved a lot at this point, but while I’m hesitant to start spending it I also don’t want to put fun vacations off til we’re older either. It’s a struggle.”
2017 Year in Review (including some things I haven't told you)

2017 Year in Review (including some things I haven’t told you)

2017 has been a weird one for me. And as my friends, I thought you might enjoy a recap of why. Here’s our 2017 Year in Review:

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Alaska Day: Why Alaska is So Great!

Alaska Day: Why Alaska is So Great!

Today is Alaska Day and the day that I like to reflect on how awesome this state of Alaska really is each year. You’ve heard me brag about it all before, but here is my current list of why I love Alaska so much:

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July 2017 Alaska Plan Update

July 2017 Plan Update

Another July has come and gone. Isn’t summer glorious?

We caught 21 salmon despite there being very few fish in the water and we got rained on (inside our tent!). Full dipnetting adventure story coming in the fall. (I know, you can’t wait!).

Guess where we are right now! DisneyLand! I know. Living the magic. Seriously.

Also this month, my parents received a mission call to Leeds, England. They’ll be leaving in November for a year and a half, so we’re taking the kids to Europe next summer! I can’t explain how excited about this I am. Dream come true. For reals. I’ll be talking lots about our preparations come fall/winter.

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