Drivers who have no house, apartment, car, or family: how much money have you saved?

Discussion in 'Questions From New Drivers' started by PowerOfSolitude, May 19, 2012.

  1. PowerOfSolitude

    PowerOfSolitude Light Load Member

    56
    31
    Mar 30, 2012
    0
    How long have you been driving, and for which companies?

    How much money have you socked away?

    I'm trying to get some idea of what's possible for a new driver with minimal expenses who fully commits himself to trucking as a lifestyle. The main appeal of trucking for me is separation from society, not money, but money never hurts.
     
    envayne and kloy Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Biscuit75

    Biscuit75 Road Train Member

    Typically, drivers start out with a house, car, wife, kids, dog, etc. and lose it all after driving for a while.
     
  4. 48Packard

    48Packard Ol' Two-stop Shag!

    8,348
    9,864
    Apr 19, 2009
    Could be anywhere
    0
    Marriage number two went exactly that way!
     
  5. NewNashGuy

    NewNashGuy Road Train Member

    1,615
    752
    Jul 27, 2011
    US and Canada
    0
    I am going through a divorce now :) Thinking about selling the house next. I don't know about you guys but when I am in the sleeper I feel like I am at home. If this truck had a mailbox and a garage for my car I would never need a house.
     
    scottied67, platinum, SheepDog and 2 others Thank this.
  6. 1nonly

    1nonly tease-y-ness

    3,130
    4,900
    Jul 2, 2008
    The burning sands of the SW
    0
    I can live on $500 per month while on the road. That's without pinching every penny, but paying attention to dollars. So I figure $6000 for basic expenses, add $2000 for play (vacations, new toys, whatever) and the rest can be saved. Income varies dramatically, so I won't bother telling you how much you will make. First years range from $25,000-40,000 generally.

    Breakdown the expenses- I pay almost $100 for phone, texting, and Internet. Another $300 for "consumables" (groceries, paper, hygiene, etc) and the other $100 is for things like showers, new socks, laundry, etc.
     
  7. PowerOfSolitude

    PowerOfSolitude Light Load Member

    56
    31
    Mar 30, 2012
    0
    Tell me you kept the dog.
     
    kwloo and scottied67 Thank this.
  8. Moe Rhonic

    Moe Rhonic Light Load Member

    212
    52
    May 3, 2012
    Des Plaines, Il
    0
    If not, then get yea to Nashville, you got a hit!
     
    scottied67 Thanks this.
  9. gentleroger

    gentleroger Road Train Member

    6,630
    17,315
    Jun 1, 2010
    0
    Rough figures last year:
    20% taxes
    10% charity
    30% living
    35% savings
    5% I have no idea where I spent it
     
    scottied67 and kebo072 Thank this.
  10. djtrype

    djtrype Heavy Load Member

    935
    545
    Jan 3, 2009
    New Orleans
    0
    Within 2 years I should have a sizable deposit for a house. My expenses are minimal, but when I do go home, I like to splurge. I can spend anywhere from $800-1200 a month on my expenses, groceries and the occasional eating out. I also watch my budget very closely and as my income ebbs and flows, so does my spending. But probably the best thing I could of ever done was put money aside for a rainy day. I have a savings and money market account. Both are well stocked for the day I never expect.
     
    SheepDog and scottied67 Thank this.
  11. Dna Mach

    Dna Mach Road Train Member

    3,210
    2,831
    Aug 8, 2008
    Texas
    0
    The 3 or 4 nights a week I spend in my truck are getting to be unbearable. I don't know how some people live in a truck like that. Still enjoy the job though. I spend $800 dollars a month on my mortgage and bills. So $9600 dollars a year I would save.
     
    RickG and scottied67 Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.