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2yrs No violations No accidents what's next

Discussion in 'Questions From New Drivers' started by chevyman85, May 5, 2014.

Page 2 of 3
  1. May 5, 2014 #11
    Wooly Rhino

    Wooly Rhino Road Train Member

    3,367
    5,648
    Jul 6, 2008
    Liberty, Missouri
    0
    There is nothing wrong with using other peoples money to make yourself rich. I do not know where you got your degree from but they should have taught you that on day one. I guarantee the mega companies have credit lines they use for buying capital equipment.
     
    Wooly Rhino, May 5, 2014
    Wooly Rhino, May 5, 2014
    #11
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  3. May 5, 2014 #12
    chevyman85

    chevyman85 Light Load Member

    52
    27
    May 5, 2014
    Georgia
    0
    I don't mind waiting to become self reliant, so I'll continue to set aside more cash, thanks fellas for all the advice. Just trying consider my options before deciding which route to take. One of buddies bought an old freight shaker for 6k put 10k in a maintenance account and ran the freight shaker for three years with no major issues before upgrading. I guess he was one of the lucky ones that got a good ol truck for cheap. On a side note I have my doubles and triples and hazmat endorsements waiting on my dac to come in the mail, but that's just for my records. I just like to get the advice from guys that have been around my dad drove for 35 yrs with publix and he's telling me to buy truck. He's always quoting why work for another man to live his dream when you can work to live yours.
     
    chevyman85, May 5, 2014
    chevyman85, May 5, 2014
    #12
    Tonythetruckerdude Thanks this.
  4. May 5, 2014 #13
    chevyman85

    chevyman85 Light Load Member

    52
    27
    May 5, 2014
    Georgia
    0
    Yeah your talking leverage but, I'm personally not into that would rather do it debt free thanks though.
     
    chevyman85, May 5, 2014
    chevyman85, May 5, 2014
    #13
  5. May 5, 2014 #14
    Tonythetruckerdude

    Tonythetruckerdude Crusty Deer Slayer

    2,905
    48,514
    Dec 8, 2012
    hunting...../ retired
    0
    Keep that mind-set...for all things financial......being debt free means "Waaay" more than being "rich" on paper....those are the "paupers in waiting" if you ask me.
     
    Tonythetruckerdude, May 5, 2014
    Tonythetruckerdude, May 5, 2014
    #14
    Aminal, chevyman85 and GearWarrant Thank this.
  7. May 5, 2014 #15
    Aminal

    Aminal Heavy Load Member

    749
    1,049
    Nov 9, 2013
    Hiding in Honduras - OK, Ash Fork, AZ actually ;-)
    0
    I'm with you on that one. Can be just as broke wearing a Rolex and driving a Porsche as a Timex and Dodge beater. It's all about debt to equity ratio. No debt means 100% equity. Debt free is totally the way to go until you get into seven, and eight figure range. Even then look at some of the really big money companies like Amway and DuPont - debt free.
     
    Aminal, May 5, 2014
    Aminal, May 5, 2014
    #15
    chevyman85 and Tonythetruckerdude Thank this.
  8. May 5, 2014 #16
    Tonythetruckerdude

    Tonythetruckerdude Crusty Deer Slayer

    2,905
    48,514
    Dec 8, 2012
    hunting...../ retired
    0
    Got a sister like that....a few years older than me and still paying on a mortgage....her and my bil have moved at least 4 time since they were married....1st couple of moves were to up-grade as his family/company grew ( he owns an exterminating co.). But the last 2 , and without a doubt , the very last one were just for show (if you ask me anyhow). They were completely out of debt except for what it took to live and to operate/meet pay-roll at the company...No mortgage , equipment/building vehicles all paid for , kids out of college and doing their thing. Really set-up....and they decided to build a freaking house....over 4,000 sq ft and it's just them! It sits on 20 acres of really pretty property adjacent to a golf course.....they'll die before it's theirs.....but it's their money.......
     
    Tonythetruckerdude, May 5, 2014
    Tonythetruckerdude, May 5, 2014
    #16
  9. May 5, 2014 #17
    70s_driver

    70s_driver Medium Load Member

    611
    358
    May 4, 2014
    0
    Sounds like your dad is a very smart man. If you can get into it, you should. Since you have a degree in Finance and Accounting, Im sure you would pick it up quickly. Good Luck on whatever you decide to do.
     
    70s_driver, May 5, 2014
    70s_driver, May 5, 2014
    #17
  10. May 5, 2014 #18
    JPenn

    JPenn Road Train Member

    1,829
    1,874
    Mar 5, 2008
    Northern Tier PA
    0
    Keep the streak alive! Go for year 3!!
     
    JPenn, May 5, 2014
    JPenn, May 5, 2014
    #18
    Aminal Thanks this.
  11. Jun 11, 2014 #19
    chevyman85

    chevyman85 Light Load Member

    52
    27
    May 5, 2014
    Georgia
    0
    Thanks for all the replies thought I let you guys know I got a job with an ltl.
     
    chevyman85, Jun 11, 2014
    chevyman85, Jun 11, 2014
    #19
    GenericUserName Thanks this.
  12. Jun 11, 2014 #20
    GenericUserName

    GenericUserName Road Train Member

    1,543
    13,065
    May 17, 2014
    Santa Monica, CA
    0
    Did you know someone or you just applied? How many places did you apply to (approx) before landing this job? Were you OTR for 2 years straight.

    Im jealous, and happy for you. Lol
     
    GenericUserName, Jun 11, 2014
    GenericUserName, Jun 11, 2014
    #20
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