Before i used to feel the content is lil bit repeated, Now i look at it as weekly dose of motivation, advice and reality check, Which i didnt know i needed to be reminded again and again...
I've been trucking 33 years, and do, and have been making great money for most of that time as a company guy. You're providing people with good advice. Keep it up.
Thanks for making these videos, Tyler. I've been following you for awhile and I got my own channel (mostly ranting about bullcrap) but when I hit my trucking milestones I'll make sure to give you a shout out for all the help you've given over the years. Peace and Blessings, have a Prosperous day ☮️ 🙏🏿
How is this possible? Unless you're spending 100's of dollars at truck stops and gamble all your check, i legitimately don't see how you can't stack while trucking.....
I agree. Some people dont save. They would rather spend it on expensive shoes like Jordan's, or shite they do not need. Buy what you need and not what you want.
I've been driving 30 years. I saw my family members deal with deregulation. The money to cost used to be beneficial for o/o. Now Mega carries have lobbyist in their hip pocket. I drive for a good ltl carrier making six figures with no headaches. I wish you the best especially when you get older.
7 out of 10 households with an income of 250000 dollars or more live paycheck to paycheck . Another statistic 5 dollars a day from 25 to 65 invested In , index funds will be 1.1 million dollars . The first thing I told new hires was when you get that first big paycheck fund your 401k fully . Instead they would immediately go buy the fancy car that would just sit in the yard collecting dust and then every winter slow down complain about their bills .
Hey Tyler! If someone would watch your last 15 videos and follow those suggestions, they have a simple road map to financial freedom! You lay it out so clear and simple! Thank you for making that resource so readily available! To work 30 years at anything and be broke is just poor planning/execution! Great to hear from you and roll safe out there. Looks like you're not in the I-40 blizzard in New Mexico and that is good!
Trucker T Rex , Personal wealth is 20% numbers and 80% behavior. Trucking for 39 years doubles endorsed, was hired for a major food service company at 22 started investing in my 401k and roth at 6% to get the match got serious and bumped it up over the last 15 years and will be retiring next year at 61 . Dept free paid off house 3 cars zero payments no credit cards, healthy emergency fund and a net worth of over 1.5 million. Listen to this man solid advice and he will be wealth when he retires. Remember it's not about how much you make but how much you keep!
Congrats T Rex! Encouraging to hear for sure. I've been welding for close to 30yrs (self-employed), but bought my first truck and started driving part time 7yrs ago. In the first 3yrs we paid off the vehicles, the welding business, then the house and land. Investing plenty, and achieved a 1M worth a little over a year ago in our mid 40's. I now have a second truck with RGN and work it 5-6 months a year and weld the rest. Life is pretty good (even in a tough industry).
Depends on a lot of factors. I make over 1500 per week but not because I’m special or anything. I’m payed percentage at smaller sized outfit doing chemical tanker work. Rates on tanker work pays better than van. CPM is not good way to be paid in my option. Either hourly, salary or percentage. If it’s percentage you must work for a honest reputable company and or person.
I’ve been trucking for almost 30yrs as well and not broke but damn near.. I wanted the freedom of being an owner operator the up and downs of the economy is what eats you alive along with spiraling costs maintaining your truck..Should just got on with UPS and did 30yrs and I would be retired and on the fish creek by now!!😁
So true so true LTL companies five nights in a hotel 120,000 a year unlock complaining my soulmate died my dog died I love the road I make a lot of money and benefits God bless you❤
That goes for a ton of jobs, it is not about tbe job it is money managment. For example an associate of mine worked with me for 20 years and he does not have a pot to piss in or a window to throw it out of and i am a couple years away from millionaire status. Being a victim is the status quo these days. And they are victims..... to themselves.
Here in Brazil, truck drivers also say that they don't make money driving. But they don't say that they spend a lot on women. Many of them have two or three wives throughout the country. 😅
Hey Tyler, I’m 34 , 1.5 years into trucking and working to get out of debt. I really appreciate the knowledge and wisdom that you share. How can I get more information on how to get started investing in some of those index funds you talk about?
The key source is if you are working under a company as a o/o is to find the hidden company's. Top company are those who pay per mile empty n loaded. At the current market is not a good time to be in the spot market. Am roughly taking home after expenses 1800 to 3k that's low. Dry van division.
I won’t lie this guy got me to go to Crete. However I got fired in my first week for clipping my mirror on a toll booth in Pennsylvania 🤣 to add insult to injury Crete put “fired for safety” on my DAC. I had a perfect record the 2 years prior so I’m kinda resentful
HELLO Sean, it is definitely worth it. I started when I was 43 years old. I had a mortgage payment car payment and 4 kids. And I did the move. I worked hard to learn the industry. My goal was to have my wife not work anymore. I did that in my 1st year. Then I went to crete and been here 6 years making 105k working company driver.
Great job and thanks for the informative advice bro! I’m also following in your exact steps😎🤙 stay safe out there driver🫡 Wealth is simply the difference between what you earn and what you spend.
Trucking often draws in a particular type that was gonna be broke regardless of what they do.
😂😂😂😂😂
😂
Before i used to feel the content is lil bit repeated,
Now i look at it as weekly dose of motivation, advice and reality check,
Which i didnt know i needed to be reminded again and again...
6500-7500$ monthly nets on a w2 are doable as a company driver. You can definitely save some money up.
I've been trucking 33 years, and do, and have been making great money for most of that time as a company guy. You're providing people with good advice. Keep it up.
I'm going into CDL school in January. I'm hoping to one day work for Crete.
Good videos.
Best of luck!
I'm sure Crete would take you don't they train and have paid CDL training
@@dansdiesel767
I didn't find that Crete did any school for hire program before I got into the local technical college.
I just got my cdl today
Good starting company. Bit move on after your experience. You will make more after you have experience elsewhere
Thanks for making these videos, Tyler. I've been following you for awhile and I got my own channel (mostly ranting about bullcrap) but when I hit my trucking milestones I'll make sure to give you a shout out for all the help you've given over the years. Peace and Blessings, have a Prosperous day ☮️ 🙏🏿
How is this possible? Unless you're spending 100's of dollars at truck stops and gamble all your check, i legitimately don't see how you can't stack while trucking.....
After 30 years you have to take some personal responsibility For how you ended up.
The victim of circumstance mentality is hard to break out of.
FACTS
😮😮😮😮😮
It not true , you can actually get rich if you manage your money right
I agree. Some people dont save. They would rather spend it on expensive shoes like Jordan's, or shite they do not need. Buy what you need and not what you want.
That's hilarious
I’m only weeks in but I know you have to do it right and learn to not be broke.
I've been driving 30 years. I saw my family members deal with deregulation. The money to cost used to be beneficial for o/o. Now Mega carries have lobbyist in their hip pocket. I drive for a good ltl carrier making six figures with no headaches. I wish you the best especially when you get older.
If you broke after 30 years driving that is your fault! You have to save and invest
7 out of 10 households with an income of 250000 dollars or more live paycheck to paycheck . Another statistic 5 dollars a day from 25 to 65 invested In , index funds will be 1.1 million dollars . The first thing I told new hires was when you get that first big paycheck fund your 401k fully . Instead they would immediately go buy the fancy car that would just sit in the yard collecting dust and then every winter slow down complain about their bills .
Hey Tyler! If someone would watch your last 15 videos and follow those suggestions, they have a simple road map to financial freedom! You lay it out so clear and simple! Thank you for making that resource so readily available! To work 30 years at anything and be broke is just poor planning/execution! Great to hear from you and roll safe out there. Looks like you're not in the I-40 blizzard in New Mexico and that is good!
Trucker T Rex , Personal wealth is 20% numbers and 80% behavior. Trucking for 39 years doubles endorsed, was hired for a major food service company at 22 started investing in my 401k and roth at 6% to get the match got serious and bumped it up over the last 15 years and will be retiring next year at 61 . Dept free paid off house 3 cars zero payments no credit cards, healthy emergency fund and a net worth of over 1.5 million. Listen to this man solid advice and he will be wealth when he retires. Remember it's not about how much you make but how much you keep!
Congrats T Rex! Encouraging to hear for sure. I've been welding for close to 30yrs (self-employed), but bought my first truck and started driving part time 7yrs ago. In the first 3yrs we paid off the vehicles, the welding business, then the house and land. Investing plenty, and achieved a 1M worth a little over a year ago in our mid 40's. I now have a second truck with RGN and work it 5-6 months a year and weld the rest. Life is pretty good (even in a tough industry).
I’m doing a 300 hour drive time training with pride right now. It’s been rough getting used to but I hope I’m making the right decision
I’m driving right now that’s new and i have thousands saved it’s not hard to manage money lol
Great video. You broke it down from a to Z. ❤
No matter how much you make, you can always spend more.
Great video you hit it right on the head!
Like always, it is a very informative video, Tyler. Great work .
Company drivers today are very lucky if they can make 1500$ a week
Depends on a lot of factors. I make over 1500 per week but not because I’m special or anything. I’m payed percentage at smaller sized outfit doing chemical tanker work. Rates on tanker work pays better than van.
CPM is not good way to be paid in my option. Either hourly, salary or percentage. If it’s percentage you must work for a honest reputable company and or person.
@abctrucker8601 yea I'm getting 25% percentage but it's a very sketchy company
I’ve been trucking for almost 30yrs as well and not broke but damn near.. I wanted the freedom of being an owner operator the up and downs of the economy is what eats you alive along with spiraling costs maintaining your truck..Should just got on with UPS and did 30yrs and I would be retired and on the fish creek by now!!😁
33 years no money?! damn... at that point id be robbing gold dealers yo.. F that
So true so true LTL companies five nights in a hotel 120,000 a year unlock complaining my soulmate died my dog died I love the road I make a lot of money and benefits God bless you❤
That goes for a ton of jobs, it is not about tbe job it is money managment. For example an associate of mine worked with me for 20 years and he does not have a pot to piss in or a window to throw it out of and i am a couple years away from millionaire status. Being a victim is the status quo these days. And they are victims..... to themselves.
Here in Brazil, truck drivers also say that they don't make money driving. But they don't say that they spend a lot on women. Many of them have two or three wives throughout the country. 😅
Hey Tyler, I’m 34 , 1.5 years into trucking and working to get out of debt. I really appreciate the knowledge and wisdom that you share. How can I get more information on how to get started investing in some of those index funds you talk about?
The key source is if you are working under a company as a o/o is to find the hidden company's. Top company are those who pay per mile empty n loaded. At the current market is not a good time to be in the spot market. Am roughly taking home after expenses 1800 to 3k that's low. Dry van division.
How and where do I start investing plz do a video teaching us truckers on ways to simply invest
Well said brother 🤣
I won’t lie this guy got me to go to Crete. However I got fired in my first week for clipping my mirror on a toll booth in Pennsylvania 🤣 to add insult to injury Crete put “fired for safety” on my DAC. I had a perfect record the 2 years prior so I’m kinda resentful
*currently looking up low cost index funds*
You using a SEP or Solo 401k or Roth or taxable brokerage?
I use a SEP, Roth IRA and a taxable brokerage
Do you use Robinhood to invest?
What if you were starting out truck driving at 46 and wanted to invest ??? Is it worth it this late in life which isnt THAT late. But not 25 years old
HELLO Sean, it is definitely worth it. I started when I was 43 years old. I had a mortgage payment car payment and 4 kids. And I did the move. I worked hard to learn the industry. My goal was to have my wife not work anymore. I did that in my 1st year. Then I went to crete and been here 6 years making 105k working company driver.
Get out of dept first and then start investing it's never to late. I did it 👍
The only thing they will leave you broke is a wife and kids when you truck she leaves your money leaves 😂😂
Freedom 🇺🇸
I'm 2 years in solid. No violations clean mvr and can't seem to find a decent company that is not a starter. Trucking seems like a minefield
God bless you 🙏✝️🇺🇸
Your thoughts on dump truck owner operator?
Hey Tyler how long did you truck before you bought a truck
I’m an o/o and I do exactly what you do.
The average salary is 40-50k
It pays the bills that’s it
Keep expenses down and save the money….if you fail to plan you plan to fail
Just got my cdl i watch your videos dor advice thanks im 22 about to be 23 in 4 month's
I make more money sportsbetting than trucking
Damn and you probably do hell many social media content creators make more as well!! Crazy world we live in!!🤣
👍
THOSE DAMN LOT LIZARDS!!!!! 😂😂
Great job and thanks for the informative advice bro! I’m also following in your exact steps😎🤙 stay safe out there driver🫡
Wealth is simply the difference between what you earn and what you spend.