I do not and will not pull cheap freight!

and you would need $104,400 in variable expenses to pay for 120,000 miles compared to $63,600 for 73,000 miles I am looking to run. A savings of over $40,000 one will not have to shell out for fuel or maintenance.

I'd say you'd need some darn good freight to justify that.

 

Can show where i can run 120000 miles for $96000.00 ALL IN! NO ECXCEPTIONS!! It all boils down to net taxable income, and your comfort level how you want to earn it.
Long distance or local.

 

You are still running for over $23,000 MORE than I am running 73,000 miles annually. Again, working TOO hard.

You were told before....

 

FWIW, there was some crazy good deals on used trucks back in 2008, sounds like you got one of them. And you are getting good fuel mileage. I still think you are way low on your expenses per mile because you make no account for replacement cost (at least 0.20/mile) or all the little expenses that also add 0.05/mile or better. I guess your plan is to spend $20k every year and never replace. I can see how you can run cheaper than me (at least until you have some major repairs or replacement), so I guess that's a win for you. you'd still be better off to spend a little less time pounding the pavement and a little more time finding better paying freight. But if I start brokering loads I'll call you first, ok ?

 

WRONG!!! Think your "spreadsheet" lied to you.

 

Why is it when one person comes on here and states he/she is happy doing what he/she is doing, someone else has to tell him/her they are not as happy as they SHOULD/COULD be? If someone is happy the way they are doing things, let them be happy! Sure, find out how and what they are doing to be happy, than like it or leave it! Just because your happy doing what your doing, your way, does not mean everyone else would be happy doing it your way! Learn from one another, trade ideas and help educate the ones that ask for it. "This is MY way, not THE way". You decide...that's the beauty of being free.

 

Nobody has said to combine your personal books with your business books. But, you must combine your personal expenses with your business expenses to come up with a minimum revenue that must be made to not only run your business, but cover your personal expenses. Otherwise, you will come up short. It doesn't matter if you run an imaginary "salary", or use actual personal expenses, they must be covered by the revenue generated by the business, or you will come up short and unable to pay some of those expenses.
I don't care if you have a PhD in accounting, or are a high school dropout with a pencil and paper, the end result will be the same, all costs must be covered.

 

Very well stated, if you don't mind me saying so...lol

 

so you put all your household budget items into your company books then?

 

Can you not read? Never did I say to do that, nor have I said that I do that. I did say that business and personal accounting are kept separate. However, the total expenses are added together to come up with the minimum revenue required to both run the business and take care of personal expenses. This is not rocket science!