One thing I’ve done this past year is strictly make my own coffee on the truck and cook on the truck. And the savings have been tremendous. Especially with the cost of everything rising. Plus I eat much better, I enjoy cooking as it gets my mind off driving for a while, etc. i’m probably saving about $600 a month as well.
It’s gonna get ugly for all of us though if this recession runs deep. Even company drivers. Less loads, more sitting, the era of having 100 jobs to pick from in an instant are probably gonna disappear, bonuses are gonna go away and stuff like that.
FedEx CEO Says Global Recession Coming
Discussion in 'LTL and Local Delivery Trucking Forum' started by Waterman_99, Sep 16, 2022.
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This right here is a big reason I am getting back into driving. We both get VA and she gets SS. We have all our bills paid and needs met, but savings is extremely difficult. I suspect in 1 to 2 years the housing prices will come down while interest rates are high. We will either have enough cash on hand to outright purchase or qualify for a VA/FHA loan. We can then put large principal payments toward the house each year or grow savings to pay it off entirely in a few years. Of course, that is all speculation and the best way to go will only be able to be determined by the interest/price rates at the time. I also suspect Truck and Trailer prices (particularly used ones) will crater. It will be a huge decision at that time to consider purchasing equipment and leasing on to a company or paying outright for a house. For now, it is get back to work and come along for the ride no matter if it's a bumpy one or smooth surfaces.
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Expect Beer Prices to Rise, Says Major Brewer | Men's Journal (mensjournal.com)
So, yeah, there's that too.Another Canadian driver Thanks this. -
Good pod on inflation
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You can't tell me that reducing the volume of a product and selling it for the same price as the previous volume isn't inflation. Yet the government denies that it fits the definition of inflation.road_runner, Another Canadian driver and Gearjammin' Penguin Thank this. -
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