Over the road truck driving expenses can take good portion out of your income and profit. With that in mind, you should always try to minimize them!
I mean, it’s same as everything else in life! Regardless if you are a broker sitting in your office, a bus driver, or you have a job in the logistics department, there will be some understandable expenses that come straight out of your pocket.
Well, the same goes if you are an over the road driver. You will have truck driving expenses, but the good news is that you can always try to minimize them and save some extra dollars.
Now, when it comes to truck driving expenses, that’s a wide range of topics, and it has a lot of various bits for discussion. There are some costs that simply cannot be avoided and you have to have them. Same like the cost of living!
But also, there are some truck driving expenses that can be minimized if not totally eliminated. Those minimized truck driving expenses can make a drastic change and a big difference in your bank account, so why not try doing it!
There are pros and cons and many challenges related to the over the road trucking and the truck driving expenses that go with it, but at the end of the day it all depends on which point of view you are going to take.
If you are speaking about truck driving expenses with a driver you’ve met at the truck stop, he will tell you one thing. At the same time, if you speak with a trucking business owner that is putting his business for sale, obviously he will tell you the total opposite!
So, my suggestion will be to carefully listen to everyone, but try to find your own way of doing things and reducing truck driving expenses!
There’s no need to pin yourself down to one route or way of doing things and minimizing truck driving expenses, so find your comfort zone and stick to it!
With that said, in the spirit of this article I will give you few tips and bits, and reveal to you 7 secrets to minimize your over the road truck driving expenses. I hope you like what I have to say!
1. Create a Budget
First and most important you will need to work on creating a budget and stick to it. I know it’s easier said than done, and things often are not that cut and dry.
That is called life, things happen and you cannot dwell on it! So instead of whining about your often broken truck and flat tires, try to find a way to eliminate the problem as soon as possible. Then you can focus on finding the long term solution for it not happening again.
You will probably ask me how you should do that! Well, let me tell you.
You can’t predict when and where your truck will break down. Sadly, that is true as a matter of fact. You are not Nostradamus! You cannot predict that, but what you can do is try and set aside a saving fund ready for when things do go wrong.
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Another thing you can do is spent wisely. Focus on the better quality of truck parts like tires, mirrors etc. I know they cost more, but they also last longer.
Furthermore, you should work on ways of cutting truck driving expenses in each and every way. I am not saying that you should not eat, drink and live normal while you are over the road, but you should definitely try to save as much as possible.
There are many things on which you can try to save while trucking. You can really cut your truck driving expenses and save a lot by implementing some of the new generation software and other tools that we have at our disposal these days.
Like a perfect example, I will give the fuel optimizers and some other trucking tools that can make a significant change in your income.
People often overlook the miscellaneous things that don’t cost a lot at the beginning but over time the bill it’s adding up.
If I spend $5 per day on games or entertainment while I am on the road that’s nothing, right? However, when you look at it over a year’s time that adds up to almost $2000! So I guess you get my point by now!
Creating a budget and working with it is crucial if you want to run a successful trucking business or you want to save while on the road. There are much better ways of spending your hard earned dollars than wasting them without even being aware of.
2. There are Ways to Save on Regular Maintenance
No matter if you ask an experienced truck driver or a rookie that just started a career in trucking, they will all agree and tell you the same thing. What is that? It’s that regular truck maintenance that is the key to saving and cutting truck driving expenses!
When you are in this business, the truck is your money maker. Serve it well and it will serve you well.
You should have regular maintenance on your truck. That is at least four times a year or with other words, you should have quarterly check ups on your trucks well being.
Your truck might look all good and great at first glance on the outside but might need a total rebuild inside. You might have some skills as a truck driver, but don’t let that fool you. Give the responsibility of maintaining and repair to the guys that know what they are doing.