It’s rare for a driver to tell me they’re working toward a plan to get the hell out of the truck and enjoy life, family or whatever it is that makes them happy. Most guys say, “I’m gonna drive till I die!” They’ll complain about their health, relationships, and anything else they can find along the road.
The truth is, we all make our own choices. We can choose to focus on the problems and relish in the misery, or we choose to find solutions and focus on areas where we can affect change. We can work toward achievable goals.
We all know that drivers can make six figures; income is not the problem. The problem is where that money goes. When you dig deep into your bank account, you begin to discover all of the inefficiencies and waste that come about as a result of bad spending habits and a lack of financial planning. Don’t feel bad about yourself here; most people in this country suffer the same problems. I managed millions of dollars for wealthy physicians who you would think had it all figured out. In fact, they spent just as much as they made and felt the same stress about paying bills and their retirement as you do.
So, what is the “secret” solution?
The solution lies within self-education, self-awareness, and a willingness to transform bad habits into good ones. Mr. Money Mustache is passionate about educating regular people like us on how to get a grip on our financial lives. Guys like Scott Trench from Bigger Pockets, who wrote a book about becoming financially independent in 10-15 years on a $50,000 year salary, are out there to help you learn what you need to get started driving with purpose.
I can hear you all saying, “Your answer to my all of my life’s problems is books? Who has time to read on the road?” Guess what? You are making more excuses and hurting your future self. You’re hurting your current self. You’re hurting your family, and your family’s next generation, if you choose to have children.
While you’re on the road, you can listen to books instead of reading them. We listen to several books a year from audible.com, even those of us who only get to sit in the office. Use all that time behind the wheel to invest in yourself and your future!
Get a grip; get your mind right; take a SOLUTION based mindset!
Change sucks. It takes discipline and will power. If you have a family, it’s a team effort. But remember, they want the best for you, and you want the best for them! If you all keep your eye on the prize, you will find a sense of peace in the immediate future and reap the rewards of this planning for generations to come. Download this budget spreadsheet and personal balance sheet and above all else, be honest with yourself. Print out your bank statements and credit card statements, and sit together with your partner to find out where it all goes.
Scott Trench says to focus on the top three areas that take the bulk of our paychecks: housing, food, and transportation. If you can get a grip on those, I guarantee you’ll be able to start saving a large portion of your paycheck every year. Once you change bad spending habits into good savings habits, you become addicted to watching that bank balance grow just the same as when you were anxious to click that buy button on Amazon just to have that new package of junk waiting at your doorstep when you got home.
The life of a truck driver is not easy. You work harder than most, don’t get to see your loved ones as often as you’d like, and sacrifice your own happiness for others almost every day. Don’t be one of the blissfully ignorant idiots driving until he dies. Turn the truck into a university. Get control of where it all goes and begin to build a financial runway, so that when opportunities come your way, you are ready to take off and fly to the next big thing in your life. Make your way to financial independence while you still have some spice in you. It is worth it. Download these basic budget and balance spreadsheets or make your own, and get started today.