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The Income & Expense Calculator

Do not fill in any fields in a gray border!!!

  • Defaults are entered for you ... change them as you would like. The default settings are meant to be average numbers and may vary depending upon many factors, such as where you live and the freight you haul.

  • Once you've personalized the numbers according to your needs, click "Calculate" to see results. Next, page down to see results.

Section I: Let's talk about potential INCOME

 

How many days per week are you willing, or do you anticipate being on the road?   (You may use fractional days; example; for 5 1/2 (five and a half) days, input 5.5)

 

How much do you know, or do you anticipate you'll make Per Mile? (Use decimal point; example: for 28 cents per mile, input .28) 

 

How much do you want to make annually?

(Do not use comma; example: for $30,000.00, input 30000) 

Don't forget to click "Calculate" each time you make a change.  Page down6 to see results of what you entered above.

 

Results... The Miles You Will Have To Run...  

If you do not understand how paid miles differ from actual, or hub, miles, click the "More Info" button above - it is very important that you understand this.

 

You will have to run paid miles at the per mile rate you've indicated above to earn this annual income in mileage pay alone.

 

This breaks down to: paid miles per month, per week, and per day.

 

If you're only on the road as many days as indicated above, you will have to run at least paid miles each day in order to earn the above desired income.

 

Once you've achieved the results that you believe to be correct for your situation, move on to the next section.

 

You will need Section I to be completed in order to get any usable results for Section II.

 

 

Section II: Now let's talk expenses....

Do not fill in any fields in a gray border!!!

 

EXPENSES: Enter what you think your daily expenses would be for each category.

Per Day

Per Week:

Gross Mileage Pay 

(Week) (Month)

Food

If Section I is not complete, you will not have a number in the boxes above. If that's the case, go back up & input the info.

 Phone

 "Stuff"

Health / Dental /Vision 

(enter per week cost)

Truck Accessories.

 

 

Internet 

Your Weekly Gross Paycheck Less Expenses

(before taxes)

Misc.

Your Monthly Gross Paycheck Less Expenses

(before taxes)

 

 

 

Don't forget to click "Calculate" each time you make a change.

 

Would you like to have this "calculator" (in more detail)

on a floppy diskette? 

 

The disc contains a spreadsheet (it is not software) that calculates the numbers for you so you can figure out:

  • Estimated Trucking Income  (Defaults entered, you can change)

  • Estimated Trucking Expenses  (Defaults entered, you can change)

  • Compare Trucking to What You Make Now  (Whether salary, hourly including bonuses and/or overtime you may earn now.)

  • Grand Summaries and Comparisons

  • What's A Nickel Anyway?  Compare two drivers' wages based on their pay per mile. 

  • How much difference a penny or two or three or more per mile can change your annual wages.

  • How "Free" is Free Carrier Training?  If you get "free" training, but make less per mile... how does it come out in the wash?  (Download "Free" spreadsheet free for Microsoft Excel 95, 97, 2000 here.)

It is available as a spreadsheet file, for Microsoft Excel or Works, 4.0 and higher in the

 

 

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