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

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    Mar 30, 2012
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    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.
     
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  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!

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    Columbia, SC area
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    Marriage number two went exactly that way!
     
  5. NewNashGuy

    NewNashGuy Road Train Member

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    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

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    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

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

    Moe Rhonic Light Load Member

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

    gentleroger Road Train Member

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    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

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    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

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    Texas
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    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.
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