Connect with us

Lifestyle

8 Tips for Purchasing Your First Boat

mm

Published

on

Purchasing a boat can be an incredible investment. If you love the idea of fishing, sailing, wakeboarding, or participating in another aquatic activity, a boat will give you the freedom and autonomy you need to do it anytime you like. You can use a boat to entertain others, challenge yourself, or just relax on the open water.

But if you’re new to the world of boat ownership, buying a boat for the first time can be intimidating. How can you be sure you’re getting a good deal? Or that you’re making the right choice?

The Goals

Ultimately, we have a few primary goals:

  •   Getting the right boat. You need to get the right boat. There are many types of vessels available, some of which specialize in supporting specific activities. You may want a sailing vessel, a power boat, or a yacht built for entertaining guests. It’s also important that your boat is fully functional and dependable – so you don’t have to pay for repairs or deal with an emergency at sea.
  •   Getting a good price. It’s also important to get a good price. Boats can be expensive if you buy something too big or too overloaded with extra features. It pays to look for deals and try to find the best price.
  •   Ensuring a smooth process. If you’re dealing with a manipulative seller, complex financing, or other hiccups, buying a boat can be both complicated and stressful. We want to avoid that if possible.

Tips for Buying a Boat

If you follow these tips, you’ll be in a much better position to accomplish these directives:

  1. Calculate all the costs of boat ownership. Before you start researching any vessels, take the time to calculate all the costs of boat ownership – and see if there’s room in your budget for a boat. You’ll need to consider the monthly cost of repaying the loan (assuming you get financing), as well as the costs of boat insurance, docking, fuel, storage, and maintenance. Too many new boat owners underestimate the full costs of owning a boat and end up in a financially precarious situation.
  2. Consider why you want a boat. Obviously, you want a boat. But why? What activities are most interesting to you? How much power does the boat need to have? How big does it need to be? Are there any special features that you consider to be a practical requirement? The more you understand about your own motivation, the better decision you’ll ultimately make.
  3. Do preliminary research online. Once you have a solid idea of the type of vessel you want, you can start doing some preliminary research online. Is there a specific type of boat that stands out to you? Are there manufacturers or brands you want to favor or avoid? What do other experts have to say about these vessels?
  4. Be open to used options. It’s tempting to gravitate to new boat purchases, since new boats have the latest tech and the latest features and are possibly more reliable. However, it’s also a good idea to be open to used options. Used boats can be just as reliable as new ones – and they can save you a lot of money. Just be sure to buy from a seller you trust.
  5. Review boats in person (if possible). If you have the chance, head to a local boat show or rent a boat before you buy. Getting a sense for how they look and feel in person can guide you to make a better decision for your personal needs. Just don’t buy at first sight.
  6. Talk to someone with experience. Find an expert in boating and talk to them about your coming decision. You can likely find a mentor or an experienced peer near the docks or at a local boat show. They may be able to give you advice or direction on where to buy.
  7. Research your financing options. Unless you’re buying the boat in cash, you’ll need to review your financing options. Review multiple lenders to find the best interest rates and terms; sometimes, switching from one lender to another can help you save hundreds or even thousands of dollars over the course of the loan.
  8. Inspect the vessel. Finally, when you’re ready to make a purchase, inspect the boat thoroughly – especially if you’re buying used. It’s your last chance to find flaws or signs of neglect that could compromise the value of your purchase.

Buying a boat is a difficult decision, but it doesn’t have to be stressful or financially ruinous. If you spend time researching the process, reviewing your options, and thinking critically, you’ll end up with a beautiful vessel that perfectly suits your needs – and your budget.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Lifestyle

Kat Marie Alvarez: Where Innovation Meets Regulation

mm

Published

on

Regulation is often thought of as a limitation, yet in healthcare, it also serves as a foundation for building models that endure. For Kat Marie Alvarez, Founder and CEO of KATALYST & CO, the framework of rules established by agencies like CMS (Centers for Medicare and Medicaid) and the OIG ( office of the Inspector General) create opportunities to design systems that are compliant, ethical, and transformative. Her approach demonstrates that regulation can be a platform for innovation when it is interpreted with both technical rigor and vision.

Kat’s 25-year career reflects this philosophy. A former nurse who advanced into executive leadership and strategy, she has led $2.7B+ P&L operations, advised on over $5B in healthcare transactions, and guided value based organizations including Innovacare, Cano Health, WellMed, Centene, and Humana through periods of exponential scaling. Her perspective combines clinical, financial, and regulatory experience, giving her a unique ability to design structures that support integrity and accountability while driving measurable outcomes.

Turning Statutes into Strategy

For Kat, regulation serves as a framework for building smarter and more ethical models. She interprets CMS guidance and OIG rules as levers for innovation, using them to advance integrity and accountability. With the CMS V28 risk adjustment model, Alvarez refined coding practices, strengthened clinical documentation, and structured risk frameworks that reward accuracy and elevate standards of care. In addressing RADV audits, she crafted strategies that protect stakeholders while keeping patient outcomes at the forefront. She aligns compliance, cost, and care in equal measure. Her current work as a contributor to the CMS IDea Challenge, an initiative focused on strengthening the foundation of trust in our system, further echoes her commitment to advancing regulations in ways that unlock innovation while safeguarding the integrity of care.

Her interpretive approach brings discipline and vision to every challenge. She engages stakeholders to redesign workflows that meet regulatory requirements and enhance the patient experience. Each policy becomes a mechanism to strengthen accountability and operational precision, shaping a system that is both compliant and humane.

Innovation Built Within Boundaries

At KATALYST & CO, this interpretive approach is carried into every project. Kat has integrated predictive analytics and AI-driven tools into care models, with safeguards that ensure interventions remain clinician-led and ethically sound. For example, AI flags in chronic disease management are connected to human-led actions that improve patient care. The result is a model that benefits from technology while preserving accountability and clinical integrity.

Staffing and infrastructure provide another example of her philosophy in action. By leveraging offshore BPO operations in Latin America, Asia, and Eastern Europe, KATALYST & CO extends capacity for health plans and providers. These expansions are carefully designed to meet data security, licensure, and jurisdictional requirements, ensuring that global reach is paired with local compliance. It is a system that balances scale with responsibility.

The Art of Influence Through Alignment

Kat often describes her role as translating complexity into clarity. Whether she is working with payers, providers, or investors, she builds consensus by grounding ambitious strategies in the language of statute. Value-based care models, utilization management programs, and clinical frameworks are designed to prove compliant ROI for stakeholders while maintaining patient focus.

Her approach begins with people. In integrations, partnerships, and platform builds, she respects legacy strengths, listens to frontline voices, and creates systems that are not only efficient but also trusted. This ensures that compliance does not feel like restriction, but like a structure that supports innovation and adoption.

Redefining the Future of Compliance and Care

KATALYST & CO is scaling with $10M in initial funding, expanded international operations, and a growing advisory portfolio. Under Kat’s leadership, the firm is showing how regulation can be a foundation for both innovation and durability. She demonstrates that lasting progress in healthcare is achieved by leaders who know how to design systems that are bold, ethical, and deeply human.

By approaching regulation as a guide rather than a limitation, Kat Alvarez is building models that prove compliance and innovation can move forward together. Her formula ensures that the future of healthcare is shaped not only by ambition, but also by trust and responsibility.

Continue Reading

Trending