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...
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 ☮️ 🙏🏿
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.
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!
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 .
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!!😁
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 make $1175 a week mud road trucking in Louisiana (log truck). Home every night , off every weekend , and park the truck in my yard every night. I couldn't afford to go back OTR for less than $2k a week. I was making $1600 to $1800 a week Hauling chickens and produce before getting off the road in 07. And we had way faster trucks, with no cameras 😎 Y'all getting screwed😂😂😂
@@RemedyEverything Some our drivers make more than that. But they work a lot more to.They load their own truck with pulpwood after hours, those mills stay open 24 hrs. If I had known there was this kind of money driving a log truck, I would have started sooner.
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).
OTR jobs don’t pay good right now, for the most part. Unless your company has dedicated routes. My choice is regional dedicated. I’m able to make 90k here and not dealing with many different shippers and receivers, freaking weight stations, stupid chain laws and all that. And i can be home almost every day. Trucking is changing …
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.
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?
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❤
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.
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. 😅
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.
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.
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...
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 ☮️ 🙏🏿
6500-7500$ monthly nets on a w2 are doable as a company driver. You can definitely save some money 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
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.
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
😮😮😮😮😮
Great video. You broke it down from a to Z. ❤
Great video you hit it right on the head!
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!
Like always, it is a very informative video, Tyler. Great work .
It pays the bills that’s it
No matter how much you make, you can always spend more.
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
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.....
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.
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 .
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!!😁
I’m driving right now that’s new and i have thousands saved it’s not hard to manage money lol
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 make $1175 a week mud road trucking in Louisiana (log truck). Home every night , off every weekend , and park the truck in my yard every night. I couldn't afford to go back OTR for less than $2k a week. I was making $1600 to $1800 a week Hauling chickens and produce before getting off the road in 07. And we had way faster trucks, with no cameras 😎 Y'all getting screwed😂😂😂
@JesseSilas-mr3qi that don't sound bad at all. I have to look into that I would love to be home every night 1175 a week isnt bad at all
@@RemedyEverything Some our drivers make more than that. But they work a lot more to.They load their own truck with pulpwood after hours, those mills stay open 24 hrs. If I had known there was this kind of money driving a log truck, I would have started sooner.
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).
OTR jobs don’t pay good right now, for the most part. Unless your company has dedicated routes. My choice is regional dedicated. I’m able to make 90k here and not dealing with many different shippers and receivers, freaking weight stations, stupid chain laws and all that. And i can be home almost every day. Trucking is changing …
How and where do I start investing plz do a video teaching us truckers on ways to simply invest
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.
*currently looking up low cost index funds*
33 years no money?! damn... at that point id be robbing gold dealers yo.. F that
If you broke after 30 years driving that is your fault! You have to save and invest
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?
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
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❤
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.
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. 😅
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.
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
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 👍
Do you use Robinhood to invest?
God bless you 🙏✝️🇺🇸
The only thing they will leave you broke is a wife and kids when you truck she leaves your money leaves 😂😂
The average salary is 40-50k
Your thoughts on dump truck owner operator?
Hey Tyler how long did you truck before you bought a truck
Freedom 🇺🇸
You using a SEP or Solo 401k or Roth or taxable brokerage?
I use a SEP, Roth IRA and a taxable brokerage
I’m an o/o and I do exactly what you do.
Just got my cdl i watch your videos dor advice thanks im 22 about to be 23 in 4 month's
Keep expenses down and save the money….if you fail to plan you plan to fail
👍
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!!!!! 😂😂