Advice needed please.

Discussion in 'Canadian Truckers Forum' started by BedHead, Sep 16, 2022.

  1. BedHead

    BedHead Light Load Member

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    Starting in November I will have 7 or 8 months of time to live on the road while my wife and child go overseas. I need to make as much money as possible so i can buy a home etc...for when they return.
    I have 3 yrs exp and a clean abstract with some otr but mostly local deck and van experience. Im in Edmonton.
    Any suggestions on how i can make the most money? I could literally live on the road for 7 months. Company driver only.
    Thank-you.
     
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  3. upnorthwpg

    upnorthwpg Road Train Member

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    Go ltl Linehaul. No need to live in your truck.
     
  4. Prairie Trucker

    Prairie Trucker Light Load Member

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    Honestly living in your truck means meals from outside / truck on as winter is coming - unless you have tripac / and many other things - for a comapny owner I can deal with a driver resetting once / twice on the road but not living in my truck .. costs me
    Is this your truck? then it may work
     
    Last edited: Sep 16, 2022
  5. classicxl

    classicxl Light Load Member

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    where i currently work we have drivers who live in their trucks full time and the companies find with it .One guy who would drive spring to fall then leave the company come the winter months and then reapply come spring because the company wouldn’t let him take the full winter off . He decided one year to live in his truck all year and he put away $20-25k from what I heard by not having to pay rent .I Don’t think you’re going to be able put away say $100k plus to buy a house especially if your a company man just hauling dryvans or reefers .If you go that route and don’t have a apartment or any other big bills i think you could save say $20-30k maybe working your tail off .Problem is your relying on your company and having a good dispatcher to keep you moving all the time


    Don’t forget times are not great right now for both canadian and American economies at the moment and may not change for a year or two. Both countries are on the break of a recession and even through you’re a canadian driver if you plan to run otr usa your really relying on what’s going on the across the boarder . Also don’t forget after the xmas season freight usually slows down for a few months so plan for that also
     
    Last edited: Sep 16, 2022
  6. classicxl

    classicxl Light Load Member

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    He says it would be company man only job
     
  7. aussiejosh

    aussiejosh Road Train Member

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    I assume when you mention buy / purchase a home that your only saving for a deposit? That's a very good wage if you can buy a house outright otherwise! So if you plan to borrow the banks will be looking for other than the fact you have enough of a deposit some are as low as 5 %, some can be as high as 20 % the GFC in 2008 changed all the rules of no deposit loans. They will look at what your other financial commitments are, how much rent you pay per month, and your ability to pay back the loan. Having a good credit history from previous paid loans, use of credit card will also bode well for you if you've had no issues paying them back. Think if you want to make the most money its a toss up getting a job that pays a good hourly rate with the option of lots of overtime, or a job that gives you a lot of km/ miles per week at a good rate. All the best bud hope it all works out for you after all a man's home is his castle. :cool:
     
    Last edited: Sep 17, 2022
  8. Another Canadian driver

    Another Canadian driver Road Train Member

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    Best paying company to apply now in Alberta is Loblaws.
    Great opportunity. 62 cents/mile.
    They do reefer meat loads going from AB to TX, AZ, CA and
    produce reefer loads coming back to Vancouver, Calgary or Regina.
    New trucks and trailers. Benefits from day 1.
    They are not a Carrier for hire.
    They move their own product from USA to Canada.
    Truck loads only. No multiple picks.
     
  9. BedHead

    BedHead Light Load Member

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    Not my truck. Company guy. When I say I can live in the truck I mean I can stay out for extended periods of it benefits the company. I still have a home to come to for time off or repairs...etc...etc
     
  10. BedHead

    BedHead Light Load Member

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    Yes. Im concerned about a slow down for sure. But Im willing to do any of the jobs to get good pay.
     
  11. BedHead

    BedHead Light Load Member

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    Yeah i should have been clearer. Its definitely saving for a down payment. Somewhere in the 25k range. Ive been pre qualified for 250k mortgage but really need to get up to the 450k to be a decent house.
     
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