Whether a truck driver or a salesperson, one must know how to save money when they are on the road. While savings may be more significant for those who spend more time traveling. It can never hurt to practice your frugality. Here are ILoca’s five best tips for conserving cash.
If you will be traveling for more than three or four hours, make sure to pack a snack. Buying a meal on the road tends to be much more expensive than bringing one along. If you get hungry quickly, keep a stash of foods that are satisfying and low-cost. Something like granola bars, nuts, or crackers. For truckers who own a crock pot, we have a list of recipes you can make on the road!
Tire Pressure and Preventative Maintenance:
Traveling with low tire pressure puts much more stress on your vehicle than necessary and can drastically decrease your fuel efficiency. By regularly checking your tire pressure, you can save a small fortune in fuel. Stop in at ILoca’s full-service shop for any inspections, repairs, and any custom body work you may need. Ask About Per Diem Pay:
Tax specialists tend to agree that for truck drivers, “per diem” or “per day” pay, in which you get a certain percentage of your income tax-free. This tends to give drivers more allowance than simply keeping receipts and reporting them for tax deductions.
Make a budget and stick to it. There are hundreds of smartphone applications that are designed to help you do exactly that, so pick your favorite and commit to it. It has been said that cash is easier to save because it is harder to give up, so carrying cash may prevent you from making unnecessary purchases at rest stops and gas stations. Stocking up on essentials like paper towels and toiletries can help, too.