Trucking Sucks | The BAD part of becoming an Owner Operator - YouTube

Channel: MakeCents

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a little bit yesterday kind of had a weird feeling
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all day yesterday i had a weird feeling
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laying down going to sleep last night i had a聽 weird feeling all day today i've had a weird聽聽
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feeling it's kind of like the subconscious聽 knows when something's about to go awry
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and i was almost to the point where i was about聽 to start calling everybody another because i聽聽
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don't like those eerie feelings i knew something聽 was going on i knew something was about to happen聽聽
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i knew something was up and i just figured it out
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i guess i can't be that dramatic about it i聽 mean it's a good problem to have it just sucks
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see what i did yesterday before i got the truck聽 and i hauled tail over to huntsville to pick up聽聽
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this load of engine crates for navistar聽 uh international navistar engine crates聽聽
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i thought it's kind of funny they're聽 powered i got a cummins powered unit taken聽聽
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their engine plates or crates or聽 whatever you have you i got to ohio
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but before i did that yesterday i finally聽 crammed i know i'm a slacker that's just聽聽
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what i do sometimes my posse is my聽 nature sometimes i'm just half an ass
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not everything just some things and聽 this happens to be follow my taxes
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in central i'm having a breakdown聽 back here get out of my way jesus
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oh i don't have any moments like this but man i am聽聽
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i don't know i'm not mad i'm聽 not upset i'm just taking
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my surprise i guess i shouldn't be i mean聽 we all come out here to make more money
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so i can't be mad that i came聽 out here and i made more money聽聽
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i guess i got a plan better put me in a uh a slack聽 ass i gotta set more to the wayside for taxes
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and i'm gonna get to what my tax bill is
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i'm lost for words loss for words i聽 mean i mean it's a good problem to have聽聽
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it is but at the same time the聽 amount of money i got to come up with聽聽
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oh with the money in my savings money and and and聽 investments yeah i can i can i can pull it right聽聽
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now but still it's a hard pill to swallow it's聽 a very hard pill to swallow it's a lot of money
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and the thing is i don't want to touch聽 my investments i want to let that聽聽
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stay there because when the economy聽 freaking tanks i took a lot of what i had聽聽
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and i sunk into it so i learned back in聽 2008 when the economy crash was seven eight
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in 2008 i was buying citibank for 99 a share i聽 was buying sirius xm i think it's just serious聽聽
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radio then for 17 cents a share i was buying聽 fannie mae and freddie mac for man it was nothing聽聽
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the most biggest most disappointing letdown was聽 pilgrim pride pilgrim pride is big in the south聽聽
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he's a big chicken producer and i was buying聽 that stuff at 20 cents at 25 cents now bear in聽聽
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mind this company was in chapter 11 i think it聽 was i think they've done 11 maybe 13 maybe 11.聽聽
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i don't know it's been a long time ago uh 13 years聽 ago 12 years ago but they never reset the shares聽聽
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i made a lot of money with it but i'd take a聽 quick flip reinvest take quick flip reinvest聽聽
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i made quite a few thousand dollars but聽 if i had what i had now what i had then
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i hate to be rude but you wouldn't know who聽 i am because i would probably be retired聽聽
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sitting on the beach it's in my ties聽 just left my old lady on the bus but聽聽
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i didn't so i learned so anyway聽 when the economy crashed with kovid聽聽
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i took a lot of money and i invested it and stuff聽 that i know will come back up and if i don't you聽聽
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know what we live once you gotta risk it to get聽 the biscuit that's just the end of the story聽聽
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but i'm side tracking here i'm rambling i'm聽 sorry um i don't want to touch my investments聽聽
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so i will have to make arrangements聽 over the next two months to pay my taxes聽聽
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and i'm gonna give you the advice i'm gonna聽 i'm gonna let it play out look just like聽聽
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it happened i'm trying to make this short聽 and sweet before i get up here to sensing聽聽
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so i got a hold of my account this morning聽 i said hey i got my profit loss done i got聽聽
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all the forms over i'm sending it to you she聽 said okay sweet she text me ten minutes ago聽聽
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see i mean this is fresh off the聽 breasts man that's just like that gum聽聽
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hot cakes when you pass by you know krispy聽 kreme that's fresh that's why i'm tore up聽聽
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i usually don't make videos when i'm like聽 this which i've never ever liked this but聽聽
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anyway i figured i'd share because it's a聽 good problem to have it just sucks it just
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sucks but she sent me a message she said聽聽
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you owe federal that's on my phone and聽 my phone's got the screen recorder up
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you owe federal 9 000 and some odd dollars you聽 owe state 2088 i do remember the 88 on a little聽聽
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small change so we're talking almost聽 twelve thousand dollars how will my taxes聽聽
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last year i got out scot-free and聽 just like 3 500 maybe this year 12.
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like i said it's a good problem to have聽 it just sucks it's a hard pill to swallow聽聽
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because twelve thousand dollars that's a聽 hard check to cut that's a lot of money i聽聽
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know people back home at work don't make聽 twelve thousand dollars the whole year
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but anyway she texted to me i said sheesh聽聽
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she takes me back well you made a lot of money聽 you made xyz you grossed this you profited this聽聽
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you made a lot of money sammy so i i i can't text聽 i'm i'm tore up i'm called her up i said you know聽聽
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you could have better news and she said聽 what can i say you make a lot of money聽聽
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i said what i think about what i did聽 last year and she's like well not really聽聽
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she said you your your net this year is uh well聽 above that and i said well i said i still make聽聽
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it gross about the same i still this about the聽 same it's still that about the same and she said聽聽
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well i'll show your depreciation and she gave me聽 some advice what i should do now i'm stuck between聽聽
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the rock and hard place i don't know which way to聽 go because what she said to do i don't want to do聽聽
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but if i don't do it every year if i make a聽 lot of money i'm going to owe a lot damage
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i need a happy medium that's聽 what i need a happy medium聽聽
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so anyway she said last year you depreciated聽 uh the biggest portion of your truck this year聽聽
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we only had fifteen thousand dollars left聽 to appreciate she said that was a big cut聽聽
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she said also last year your maintenance uh your聽 maintenance was higher than this year which this聽聽
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year well not this year 2019 2019 my maintenance聽 i think i spent 12 000 i'm like what do you mean
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thousand dollars i'll talk about new tires聽 engine work and not just recent engine work聽聽
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but you know previous engine work to make聽 this thing bulletproof so anyway it's been聽聽
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a few thousand more that's like but that聽 don't add up and she said well the biggest聽聽
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reason is the depreciation of your truck i聽 said so you're what you're saying is they聽聽
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got three years 17 18 19 in 2020 this year come聽 to end of this year i'm royally [ __ ] she said聽聽
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yeah so she suggested i need to upgrade i'm like聽 i don't want to upgrade that's another payment i聽聽
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want to get this thing paid for she said well she聽 said the way i look at it you could even spend聽聽
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twelve fifteen thousand dollars a year giving聽 it to the government or you could you use that聽聽
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same depreciation with a truck payment and聽 i'm like that dang it i hate when you make聽聽
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sense that's what i love i love stuff that makes聽 sense and it makes sense so i might be upgrading聽聽
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it's a hard pill to swallow leave in the聽 comments should i upgrade or get rid of聽聽
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or keep lma and just find other ways to come聽 up with tax reduction i don't know hookers聽聽
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and blow i don't i don't know what y'all聽 tell me cause that's a lot of money jesus
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i don't know i'm just i'm just uh beside聽 myself twelve thousand dollars good god
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but anyway it is what it is we all try to聽 come into this game and make a lot of money聽聽
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only to get bit in the butt when we do it's a聽 good problem to have it just sucks so i guess
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yeah i hope i guess we do like we always do in聽 trucking because we're tough breed we have that聽聽
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we overcome so that's what we want to do and聽 uh i guess my rant's over with i just had to聽聽
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visit somebody i ain't called the wife yet聽 because that's going to turn her nerves up聽聽
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and trust me you're saying this聽 after she knows about it so聽聽
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it ain't spilling the beans but yeah聽 looks like the next two months is
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throwing all my extra moneys on taxes聽 anyways guys if you're still hanging聽聽
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around you're awesome you rock and by聽 watching this video you're gonna help聽聽
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me pay my debt down because you know we make a聽 little bit of money on youtube adsense and uh聽聽
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if you're just here to hit see me rant聽 congratulations my first one uh if you're here for聽聽
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chucking consider subscribing to put them out all聽 the time about trucking anything that makes sense聽聽
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anyways let's get on down the road like i finished聽 my coffee god 12 000 12 thousand dollars not聽聽
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i don't even get a title with it i could buy聽 food over there like my motorcycle i'm not two
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how can i use truck
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i can buy a lot of [ __ ] twelve聽 thousand dollars what the [ __ ]