If you do your research before spending your money on a boat for the first time, simply talk to almost any long term boat owner beforehand and they will invariably advise you that boat owning can be an expensive but enduring love affair.
Cost is one of the primary considerations but there are a number of other upfront and ongoing considerations that you need to factor into your finances, before you take the plunge and set sail off into the sunset.
Affordability
It can quickly become far less enjoyable to own a boat if it becomes a drain on your financial resources.