5 years dry van and you think you're worth 110k as a no experience tanker driver, goodluck with that...
we don't do this job just for the money...
Where is the money in trucking?
Discussion in 'Experienced Truckers' Advice' started by Moneyhungrytrucker, Feb 2, 2023.
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Your post reeks of entitlement. This 22 year old has an opportunity to make a lot of money in their life but it will take time & energy.Last edited: Feb 4, 2023
mustang190, Buc, The Railsplitter and 2 others Thank this. -
75000 tax is 9274 federal. Yes there is state in some states but it is not that much. Using Maryland as I know someone mentioned it it is 4.75 but has some exemptions and there is local as well so for simple sake let’s use 5% 3750 in this example.
So fed and state is 13000 fica another 7500 so call it 20 maybe 21.
75000 minus 21000 is 54000 is 4500 so right there is 10% more income then your example.
On top of that using the medical thing that will create a deduction the child will also create a deduction so his/her tax bill will go down.
In regards to disability short term or long term lowest I have ever seen is 60% so again holes in that.
Now the child support I will say is too low but there is many factors that go into that one.
I would also say it is about living to one’s means.
No one making 75k should be paying 1600 a month for a place with those other obligations. He has 40% going to housing. No budget should have more than 25-30% on housing. Any financial budgeting guide will tell you that. In fact mortgage guidelines say 28 is the absolute max if you have zero other debt.
I hate to read the blame on immigrants who are trying to do better for themselves it is very close minded and racist. Fact is most non immigrant folks don’t want to work hard or as hard as they are happy to. If there was not a need for them then why are they here.
Also most if not all of us did not originate in the US (family lines obviously). And why did our great great grandparents come here? For a better life.Turtlelegs and bryan21384 Thank this. -
Savor the Flavor, Coover, kemosabi49 and 7 others Thank this.
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My problem is they have driver facing cams.
I have my Hazmat and tanker endorsements and twic card.
So go and try to gaslight someone else.
Most pregnancies usally goes something like this.
Wife/GF: Honey can talk, I have something to tell you.
Husband/BF: what is it babe?
Wife/GF: Hummmmm Honey I think Im pregnant
But I am sure you with your infinite wisdom are perfect, I am sure you plan everything.
There is an old saying "you wanna make god laugh, tell him you plans"
I am sure everything you plan goes exactly according to your plan.
Unforseen things happen, I understand some people can be reckless with their spending habits. I am not talking about reckless people.
We are not talking about just truck drivers here, this discussion is about if 70k to 80k is enough to get ahead.... Follow the topic, your a little slow to catch on.
In some states you have federal and state and local county taxes.
I used 33% because thats how much taxes on adverage I see coming out of my checks thru out the year.
What worked for them no longer works.
For example
Buying a $200,000 house now requires a 20% downpayment thats $40,000.
50 years ago you could buy a house for $30,000-$40,000. A dollar was actually worth something back then, now days we have allowed goverment to debase our currency. And salary raises have not been keeping up with inflation.
https://www.cnbc.com/video/2022/12/...nited-states-dont-keep-up-with-inflation.html
Your out of touch.Last edited: Feb 5, 2023
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No way in hell someone making $75k is getting a bank to approve them for a $650k home mortgage loan and a $80k car loan..... are all you people really this naive?Last edited: Feb 5, 2023
Coover Thanks this. -
That's just a number I threw out there. I'm sure you don't consider living in 150k dollar house thriving.
You fail to realize that your "barely surviving" is another's "living high on the hog."Coover, The Railsplitter, bryan21384 and 1 other person Thank this. -
As a single man I would not mind, but with kids no way would I want my kids in this part of baltimore .... this area is filled with heroin and crack addicts and prostitution. And this house is far too small to raise a family of 4 or 5.
https://www.zillow.com/homedetails/1303-Washington-Blvd-Baltimore-MD-21230/36533596_zpid/ -
The Railsplitter, bryan21384, God prefers Diesels and 1 other person Thank this.
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My personal example from small town Nebraska, I bought a house and the two lots next to it so I can build a shop. The inside of the house was gutted so had to be rebuilt from the insulation out. All in for everything was under $70k and everything on the inside was brand new a couple years ago when I moved in.
If you live someplace cheaper you don’t have to work 52 weeks a year to support your life. You can work a lot less and maintain your life and be just fine.Savor the Flavor, kemosabi49, rockeee and 3 others Thank this.
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