Everyday is a great day to start saving money! Being a truck driver can be hard and stressful at times. Adding financial problems on top of the work stress can really make life difficult. Finding ways to cut down on spending is easy (sticking to the budget is the hard part). Take a look at what you’re spending your money on. Start keeping receipts and start cutting unnecessary spending. You will be surprised at how much you spend when you start keeping track.
Create a Monthly Budget
A personal budget allows you to plan out how you will spend and save your money. It’s also a great way to keep track of your spending patterns.
Steps to create a simple monthly budget
- Gather all financial statements
- Record source of income
- Create a list of monthly expenses
- Total your monthly income and expenses
- Make adjustments to your expenses
Bring all supplies with you on the road
Before you hit the road, make sure you have everything you need for your trip. Plan and make a list before you leave.This will keep you from paying over marked prices at truck stops.
Pack your food
Eating out for breakfast, lunch and dinner will really take a toll on your bank account. Bringing your own food saves you lots of money, time and it’s healthier. Plan out your trip and pack your food accordingly. You will start to see huge savings.
Maintenance your truck
Breaking down on the side of the road is not only stressful, it can be very expensive. Make sure your truck is running smoothly and there’s no weird sounds before hitting the road. Having regular maintenance checks on your truck can save you a lot of money in the long run.
Ask about CDL discounts
Next time you stay at a hotel or eat at a restaurant, ask for a CDL discount. It is surprising how many business offer discounts to truckers.
