Where is the money in trucking?

Discussion in 'Experienced Truckers' Advice' started by Moneyhungrytrucker, Feb 2, 2023.

  1. TNSquire

    TNSquire Medium Load Member

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    Decatur, TN
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    The money is certainly there in tankers...
    That said, given the liability of what we haul, divert facing cameras are pretty standard, whether we like it or not.
    You wanna make the money, you gotta play the game.
    Some companies have different rules that trigger the camera... Most are fairly relaxed, some are downright ridiculous...
    Yes, the cameras can read speed limit signs, and the truck computer can snitch on you for exceeding it beyond what the company considers reasonable.
    Money is relative.
    Live cheaply, and your checks go farther.
    Quality of life is part of the equation too.
    Good luck in your search.
    I hope you find what you're after.
     
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  3. mjv2744

    mjv2744 Light Load Member

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    Listen I mean zero offense here but unfortunately your post reply helps sum up the issue.

    If your payroll group is taking 33% then I suggest you chat with them. That’s not the government fault but is a very easy fix.

    You at best have a low level education basics like your, your etc average it’s okay I can’t spell either but to expect to pick and choose and to say comments on driver facing cameras. Factories have cameras retail has cameras. This whole cameras stuff I don’t get. You are asking a company to hand you keys to at least a 100k rig carrying 100s of thousands of products with millions of liability but hey you can’t record me. The theory that they are invading my space is wrong they are protecting their assets and #####.

    But hey it is a generation thing. You point out 50 years ago,dude I was not alive 50 years ago. It is a self entitlement issue fact is the world does not owe anyone a thing it is up to them to get it.

    As a further note I am in the position to hire people and it is typically fairly easy to spot the entitlement chip on the shoulder. I would strongly suggest you look within I can outright tell you if you came in to my work with thoughts you have posted here and verbally said what you have said you would not be offered said job. Frankly even if you were an employee and you exhibit this I would very quickly replace you. Before you get worked up on that one understand it’s not personal it is business and as a business I don’t have time to hand hold you while you are full of piss and vinegar, have made it clear if someone offered you a small amount of money more you would leave me probably with no notice. I would much rather have the lower maintenance guy who gets in does his thing safely goes home and we all live to see another day, in fact I reward it.

    House hold (2 people aveg) income median in Maryland is around 91000 (2021dollars) but middle class in Maryland (again in 21 dollars) 29k to 86k would put you firmly middle class.

    Now having said I would not hire you would we be able to grab a beer sure thing and we could be buddies (my good buddy is like you) but when he #####es about me not hiring him I tell him the exact same thing I told you I would not touch you with a barge pole it is purely a business thing.
     
  4. mjv2744

    mjv2744 Light Load Member

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    Just out of curiosity I went back and looked at what my first house is worth and it is up from where I got it by about 28%. At the same time using your example of 75k that is 46% higher income than I had. Also of interesting note interest rates though no question being up from the lows are still much lower than back then. In fact I put it in a calculator and the difference in payments was about 15% so further proof it can be done.

    Also of fun note cell phones in the late 90s early 00 were so much higher cost. I remember buying a startac phone and it was 900 bucks and the calling plan jeez it was brutal. And yes when I was 22 I had a kid in 2001 so like I said not that old. Older yes but not dirt yet.
     
  5. idriveaholden

    idriveaholden Super Heavy Hauler

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    $95,482.17 in 2018 has the same purchasing power as $114000 in 2023.
    after tax
    $75,380.66 in 2018 has the same purchasing power as $90000 in 2023.
     
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  6. God prefers Diesels

    God prefers Diesels Road Train Member

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    South Texas
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    There's no such thing as "working like a dog" in trucking. And sixty hours isn't ####.

    Dude, you seriously need to spend less time on Reddit, and more time exercising. That will not only solve your weight problem, but also your world view. You sound like you spend all day drinking the r/antiwork Kool aid.
     
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  7. AModelCat

    AModelCat Road Train Member

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    You don't get to the top without a little effort and hard work.
     
  8. bryan21384

    bryan21384 Road Train Member

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    Memphis, TN
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    And it ain't that much room at the top either, so many people have to learn to be ok with being middle class.
     
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  9. bryan21384

    bryan21384 Road Train Member

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    Memphis, TN
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    I do sympathize and empathize with the fact that most jobs don't pay a livable wage. What i take issue with is when people say you can't make a living in trucking. You ain't never gonna get rich driving a truck, but you can make a living. You might not can live luxurious all the time, or take the kids on vacation every single year. You may have to drive a Ford Focus instead of a BMW. If you all go out to eat, you may have to take the family to Wendy's instead of Texas Roadhouse, but it's the quality time that matters. OP, to get ahead it takes sacrifice like hell. In your initial reply to me, you laid out some expenses amd the thing that leapt out to me was the fact that you said a little over 1000 bucks went into savings. That's actually better than most Americans, so with all those obligations laid out, a stack is still being able to be put in the bank. 12k yearly is pretty good given those obligations. It's no quick way to get somewhere in life. If you have a family and outside kids, it's going to take time....years, and that's even if you make 6 figures. Point being, it isn't the money you make but the obligations you have.
     
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  10. Moneyhungrytrucker

    Moneyhungrytrucker Light Load Member

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    I have rephrased the text to adhere to grammatical standards and impart a more professional tone, in hopes of meeting your expectations. I hope this revision satisfies you.

    The financial reality of many single individuals in the trucking industry is a challenging one. Based on an example scenario of a single male, age 22, with one child, residing in Maryland and earning $75,000 annually, it is evident that earning $70,000 to $80,000 per year is not enough to maintain a comfortable standard of living. The individual in this scenario, who works 60 hours per week, is struggling to keep up with rent, food, car expenses, child support, and other necessities. Despite working tirelessly and saving $1,027.50 per month, a single unfortunate event, such as a major surgery, can quickly erode their financial stability. The high deductible of the company health plan and the burden of paying for two years' worth of deductibles significantly reduces the savings they had set aside for a down payment on a home. The individual is also left with little to no funds for retirement, their child's college education, or leisure activities. This example highlights the harsh financial reality of many single individuals in the trucking industry or other industries and serves as a reminder of the importance of having adequate financial cushion and planning for unexpected expenses.

    To summarize, the current state of finances in America requires individuals to make significantly more than $70k - $80k to achieve a comfortable standard of living. This is especially true for those who are single, have dependents, and face unexpected medical expenses. It is crucial to have a comprehensive financial plan that takes into account all expenses, including savings for retirement and unexpected events. The example of a truck driver making $75k per year highlights the challenges faced by many Americans who struggle to make ends meet, despite working long hours and sacrificing other aspects of their lives. The reality is that many people are only one unfortunate event away from financial hardship, and it is imperative to be proactive in managing finances to secure a stable future.
     
  11. drvrtech77

    drvrtech77 Road Train Member

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    On local jobs you take into account not only 60+hrs a week working but the commute as well..some place are just a freaking pain in the keester for commuting…
     
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