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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Live in the truck save $ and become financially independent???
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<p>[QUOTE="bergy, post: 4064909, member: 128728"]This is a good thread, with some good ideas.</p><p><br /></p><p>When I was young, a ridiculously rich man put his arm around my shoulder and told me "you get two looks at every dollar - once coming in, and once going out." I think his point is very applicable to driving truck.</p><p><br /></p><p>Most people who make 50k per year save almost nothing - just basic expenses and lifestyle eat through most of it. With trucking, the big benefit lies in having almost virtually no expenses. If you can make 50k and only spend 10k per year for food and entertainment, you can bank 40k. So, with a little bit of interest, you are easily a millionaire in 20 years.</p><p><br /></p><p>Now, if you have a wife at home, a mortgage, two cars etc... well then you are just like everybody else making a 50 thousand a year job and have little to show for it. Sure it's a living, but not much more.[/QUOTE]</p><p><br /></p>
[QUOTE="bergy, post: 4064909, member: 128728"]This is a good thread, with some good ideas. When I was young, a ridiculously rich man put his arm around my shoulder and told me "you get two looks at every dollar - once coming in, and once going out." I think his point is very applicable to driving truck. Most people who make 50k per year save almost nothing - just basic expenses and lifestyle eat through most of it. With trucking, the big benefit lies in having almost virtually no expenses. If you can make 50k and only spend 10k per year for food and entertainment, you can bank 40k. So, with a little bit of interest, you are easily a millionaire in 20 years. Now, if you have a wife at home, a mortgage, two cars etc... well then you are just like everybody else making a 50 thousand a year job and have little to show for it. Sure it's a living, but not much more.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Good & Bad Trucking Companies
>
Experienced Truckers' Advice
>
Live in the truck save $ and become financially independent???
>
Reply to Thread