How much money do you have in the bank?

Discussion in 'Ask An Owner Operator' started by 6wheeler, Sep 5, 2018.

How much money do you have in the bank?

Poll closed Sep 12, 2018.
  1. Overdrawn

    3 vote(s)
    3.6%
  2. $1 - $500

    7 vote(s)
    8.3%
  3. $500 - $1000

    3 vote(s)
    3.6%
  4. $1000 - $3000

    3 vote(s)
    3.6%
  5. $3000 - $10,000

    16 vote(s)
    19.0%
  6. $10,000 - $30,000

    14 vote(s)
    16.7%
  7. $30,000 - $60,000

    10 vote(s)
    11.9%
  8. $60,000 +

    28 vote(s)
    33.3%
  1. Doing_flatbed_nc

    Doing_flatbed_nc Medium Load Member

    585
    846
    Mar 3, 2016
    0
    Not even tree fiddy
     
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  3. HopeOverMope

    HopeOverMope Road Train Member

    1,801
    3,211
    Feb 25, 2016
    I-20 LOUISIANA
    0
    Hey @TallJoe , who did you use for your rental? Ryder wants two years active authority with few exceptions and Penske might work for us. I was trying to put a rental system in place just In case.
    Thanks
     
  4. S M D

    S M D Road Train Member

    2,396
    3,406
    Mar 15, 2012
    sacramento ca
    0
    As long as I’m operating this business the trucks always have 40,000+ Me? I borrow money from my trucks
     
    Mattflat362 and Tug Toy Thank this.
  5. TallJoe

    TallJoe Road Train Member

    7,490
    16,274
    Apr 12, 2016
    Chicagoland
    0
    I got AIM Nationallease from Elmhurst, IL Pensky wanted 5K deposit. They only wanted 2K.
     
    HopeOverMope Thanks this.
  6. Tug Toy

    Tug Toy Road Train Member

    7,111
    74,408
    Jul 4, 2015
    Corn field
    0
    I don’t got 60 in the trucking account but #### close. Heck my trailer broke last week. It will be over $5k to get that right. Payroll at end of the week for another $1500. Flying my uncle out in 2 weeks to get to work (salary) on the rental remodel so there is another $10k. I got at least another $20k in the rental account but taxes are due again next month.


    If you own a truck n trailer and have your own authority $60k would be my min. I meen you need to float at least 30 days of receivables at all times. That should be at least $30k minimum for 1 truck?
     
    whoopNride, 6wheeler, JoeyJunk and 3 others Thank this.
  7. rabbiporkchop

    rabbiporkchop Road Train Member

    9,678
    6,548
    Feb 9, 2012
    Wapwallopen, Pa
    0
    She divorced her second husband and took him for a quarter million dollars, and she was flat broke in 6 months.
    High maintenance.
     
    JoeyJunk and Oldironfan Thank this.
  8. Oldironfan

    Oldironfan Road Train Member

    5,776
    5,544
    May 22, 2017
    0
    Was she a Kardashian?
     
    whoopNride and KillingTime Thank this.
  9. rabbiporkchop

    rabbiporkchop Road Train Member

    9,678
    6,548
    Feb 9, 2012
    Wapwallopen, Pa
    0
    She act's like one.
     
    KillingTime Thanks this.
  10. Oldironfan

    Oldironfan Road Train Member

    5,776
    5,544
    May 22, 2017
    0
    Oh it was Snooky?
     
  11. rabbiporkchop

    rabbiporkchop Road Train Member

    9,678
    6,548
    Feb 9, 2012
    Wapwallopen, Pa
    0
    She looks like a chubby 60 year old with a boob job.
     
    whoopNride, JoeyJunk and Oldironfan Thank this.
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