Well I spent 38 hours at home for my daughter's birthday. It was good. The load to get us there was a little odd I won't get into it. Got unloaded and dead headed to Atlanta for a fed ex load. Took it to Dallas. Woke up to a load that is really a solo load. this has been happening a lot lately. But the revenue was good so hey who cares. But since we both like to run we would rather be runnning team loads. We were wondering why we did not get a load into FL that went further south and pu some juice on the way out if no floral avail. Well at ATL I met a guy who has same FM. He was down near the juice and FM had him deadhead to Atl as well. Said the juice is paying even worse this week and the numbers made more sense to DH up. Maybe that is why we delivered in lake city.
Well here is to hoping e get to some long hauls or at least these shorties have revenue on them. IP Made the Fedex run at 9.78 mpg. (it was light) This load has 43K in the box and we are at 8.34. So I am thinking I should be ok on the pedal.
Any of you lease guys have any other "pitfalls" besides fuel to take into consideration? Like I said I have a heavy business background and run a pretty tight personal budget. For that matter I use a budget which the people I talk with personally don't and I think I know why they aint making it. One guy I helped with his P&L the other day said I can't make a dime. He said he only had a few gran in the bank so he must not be making it. When we looked at how much went into his bank he said I must have added it wrong. Then he saw the numbers and realized he blows all his money.
Gator's Prime Experience
Discussion in 'Prime' started by gatorbaiter, Jul 18, 2011.
Page 16 of 48
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You nailed it on the head. They get advances - walk into the truckstop, casino, whatever - blow all their money, and don't know where it goes. What's worse is that most drivers don't even look at their settlements. Shortly thereafter its, "I can't make no money at Prime."
You see how important doing your own bookkeeping is from this. If you don't know you are getting the cash, how can you know if you're making money?
Whatever you do, make it easy - and keep track of your own numbers. I use a CPA to do the taxes (because I'm lazy, and they do a better job at it) - but I keep track of my own numbers. My spreadsheet system takes 5 minutes a week with my settlement.
And yeah... I'm making money.
If you're not handy at spreadsheets, this system is available. I've looked at it, and it appears to be simple and ok. They have a 30-day free trial, but it isn't free...
http://mygauges.com/truck-accountingsteadytruckin, DenaliDad and Fratsit Thank this. -
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Pay the wife. Pay the daughter. Two life-long experiences, bro.
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now the daughter's is tax deductable. She'll be 1099'd
and learning a skill at 14 -
I meant HIS spreadsheet, not the one for sale.
I have no issues adapting spreadsheets for my own use, but setting them up? My brain locks up and refuses to function. I don't need numbers in it, just the formulas!
DenaliDad Thanks this. -
I know the feeling DTB. I suffer the same allergy. Er, same confliction. Err, application. Nope, still not right. AFFLICTION!
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