Drivers who have no house, apartment, car, or family: how much money have you saved?

I can't speak for anyone else but I wouldn't live all the time in the truck. My "home" time would be spent seeing sights, camping or staying in a hotel depending on where I was. Most likely I would also spend a night or two in a hotel during my 5-6 week driving time as well.

The nice thing about not having many bills is that you have choices and can decide to do those things.

I was doing some calculations and it looks like I could do this for 20 years and have enough to retire on at 48 if I wanted to. I doubt I would want to go that amount of time with no home but I guess it is a possibility.

 

10k per year is what you would save by living in the truck. And its not for everyone. While I dont truely live in the truck as I rent a room from my brother. I typicaly stay out on the road from April to Augest, Take September off, go back out nov/dec/first week of Jan. Take the last part of Jan, feb/march off.

I dont mind the long months on the road. As the only differance for me is at home I get better food, more TV channels and higher speed internet. In my truck my bed is more comfortable. While I do prefer my large workstation desk at home, The office chair I have in my truck for when I am on my computer is just as comfortable.

I guess there are probly a few activities I also miss while being on the road such as shooting, I dont get to do this on the road. Drinking, I typicaly dont drink while on the road, Paintballing, I love shooting me some people. But other then these pretty much everything I would do at home I can do in the truck. Which is gaming, I pretty much work and play video games.

But as for living in the truck, so much of it depends on the truck you have. If you dont have a good mattress, if you dont have a good place to sit, If you dont have a good TV/ and or computer, Your probly going to be one of the ones that does not like being out on the road.

 

I think you could easily do better than 10K. I figure a $40K yearly pay number (first year, this would go up a bit over time) and about $10K a year in expenses (this is including various trips on off time and other fun stuff).

 

10k? My rent alone is more than that, and I only have a 1 bedroom apartment. Then you factor in electricity, cable, internet, perhaps a home phone (does anyone still have one of those things? ), water, sewer, trash, insurance, etc...

I'm sure it varies for everyone, but for my circumstances, the savings can be pretty substantial.

 

Just remember that even if you live entirely in your truck, it better not look like it to the IRS. There are some tax issues, standard deduction for meals, that the IRS will disallow if you say you live in your truck. Those allowances are for being away from home, and if you are always home then you can't take them. Make sure to get a good tax advisor familiar with trucking.

 

O.K. , thanks for clarifying .