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<p>[QUOTE="RoadRooster, post: 8443460, member: 164588"]Welcome you two! I want to share something with you. Its personal, so I don't usually talk about this stuff but since you mentioned financial issues and debt, I decided to share in an open forum and hopefully it will help you and others.</p><p><br /></p><p>Long story short, I left my marriage a couple of years ago. No dependent kids so I was footloose. Wife got the houses, cars, and most of the cash, I got $5000 bucks, clothes, and sports equipment. Nowhere to live, no car, no biggie.</p><p><br /></p><p>My stuff went into storage. I visit it now and then. I travel for 6 to 8 weeks. When I go home, I stay in an "extended stay" place. Has a kitchen, I only cook breakfast and maybe a few lunches when I go home for 8 or 10 days. I rent a car. They pick me up and drop me off at the truck stop where I park. I spend about 65 a day for hotel, 25 for the car. Paid off my student loans, and now have over 35 k in the bank. Savings should go faster since student loans are gone, wages are going up, and I'm focusing more on not eating out while on the road. I expect it to be $50k by the end of the year.</p><p><br /></p><p>Don't know what your debts are, but look up a guy named Dave Ramsey. If your debts are 100k, they should be gone in a year. The Ramsey plan will show you how to get rid of your debts, and it will guide you in building wealth. Dave is an Evangelist, but his systems work regardless of your beliefs.</p><p><br /></p><p>Get rid of the cars, you can rent one when you need it. If you owe on it or them, bank roll the payoff. as soon as you have it, sell the cars. Even a paid for car costs you money while you are on the road. It ain't worth it. No credit cards, debit only. Car rental companies make it a little painful ( less convenient) for debit users, but figure out what the requirements are, and when you can meet the requirement of a debit card, then you can go home for a few days. Work with your creditors, don't hide from them.</p><p><br /></p><p>Get driving as soon as you can. You should be through school and finisher training in about two months, get busy, no excuses, no stalling. Once you are rolling, this will all make sense.</p><p><br /></p><p>Your bad situation is not your legacy! Your recovery is your legacy. Read that one again, its one of the most brilliant things I've ever said.</p><p><br /></p><p>You are picking a career that enables you to turn everything around.</p><p><br /></p><p>Stay focused on your driving, focused on the financials, and stay safe.[/QUOTE]</p><p><br /></p>
[QUOTE="RoadRooster, post: 8443460, member: 164588"]Welcome you two! I want to share something with you. Its personal, so I don't usually talk about this stuff but since you mentioned financial issues and debt, I decided to share in an open forum and hopefully it will help you and others. Long story short, I left my marriage a couple of years ago. No dependent kids so I was footloose. Wife got the houses, cars, and most of the cash, I got $5000 bucks, clothes, and sports equipment. Nowhere to live, no car, no biggie. My stuff went into storage. I visit it now and then. I travel for 6 to 8 weeks. When I go home, I stay in an "extended stay" place. Has a kitchen, I only cook breakfast and maybe a few lunches when I go home for 8 or 10 days. I rent a car. They pick me up and drop me off at the truck stop where I park. I spend about 65 a day for hotel, 25 for the car. Paid off my student loans, and now have over 35 k in the bank. Savings should go faster since student loans are gone, wages are going up, and I'm focusing more on not eating out while on the road. I expect it to be $50k by the end of the year. Don't know what your debts are, but look up a guy named Dave Ramsey. If your debts are 100k, they should be gone in a year. The Ramsey plan will show you how to get rid of your debts, and it will guide you in building wealth. Dave is an Evangelist, but his systems work regardless of your beliefs. Get rid of the cars, you can rent one when you need it. If you owe on it or them, bank roll the payoff. as soon as you have it, sell the cars. Even a paid for car costs you money while you are on the road. It ain't worth it. No credit cards, debit only. Car rental companies make it a little painful ( less convenient) for debit users, but figure out what the requirements are, and when you can meet the requirement of a debit card, then you can go home for a few days. Work with your creditors, don't hide from them. Get driving as soon as you can. You should be through school and finisher training in about two months, get busy, no excuses, no stalling. Once you are rolling, this will all make sense. Your bad situation is not your legacy! Your recovery is your legacy. Read that one again, its one of the most brilliant things I've ever said. You are picking a career that enables you to turn everything around. Stay focused on your driving, focused on the financials, and stay safe.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Good & Bad Trucking Companies
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>
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>
A Couple's Journey With CFI
>
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