Meet Angela and Scott Griffen, the Power Couple of Freight Hauling. With over 40 years of combined industry expertise, they have transformed their love for the open road into a thriving business. Trekking 5,000 miles every week alongside their loyal companion, Willow, this dynamic duo not only enjoys their journey but also maximizes their savings as they work towards the goal of early retirement.
“Wheels aren’t turning, you ain’t earning. It’s true. We have a lot of miles to cover, so we want to make sure we’re trying to live a home life while on the road,” Angela Griffen reportedly said. “We want to retire young, so our money goes to the same bank account. “We drive more miles and all the money filters into one thing, so we don’t have to do it forever. We can retire much younger.”
Married for 13 years, the Griffens are working through their plan to maximize their earnings by cutting their expenses. For example, Angela explained that truckers can easily spend $300-$500 a week by eating at restaurants if they’re not careful.
“By the end of the month, that’s somebody’s mortgage payment,” Angela reportedly said. “We’re out here to save money and make big money to pay off our house.”
The couple admits that team driving with a spouse isn’t all sunshine and rainbows. They get on each other’s nerves at times just like any other couple, but at the end of the day, they both do their best to put things in perspective.
“If it isn’t worth getting a divorce over, it isn’t worth arguing over,” Scott Griffen said.
Truck diesel prices are on the rise, leaving truckers shelling out over $3,000 every week but here are a few simple yet effective tips the couple uses to save a buck or two while out on the open road.
- Buy insurance in one lump sum payment.
- Shop for healthy groceries and snacks at major discount stores.
- Set up auto-pay for accounts that offer discounts.
- Utilize cruise control to avoid unnecessary tickets.
- Take advantage of discount fuel cards.
- Keep a meticulous record of work-related expenses.
It’s important to note that despite what you may have heard, tax-deductible per diem expenses won’t save you as much as you think. The IRS only reduces your taxable income, not your tax bill directly. So, keep that money in your pocket instead.
Angela and Scott Griffen, the dynamic husband and wife trucking team, exemplify the power of determination and financial savvy on the open road. With their unwavering commitment to saving and their goal of early retirement in sight, they’ve not only embraced the challenges of life as a trucking couple but also found ways to maximize their earnings. Their valuable tips for cost-saving while on the road serve as a testament to their financial acumen.
Through their journey, they remind us that it’s not just about the miles driven but also about the financial wisdom applied that can truly pave the way to financial freedom. As they continue their quest to retire young, the Griffens show us that with teamwork, dedication, and a little creativity, anyone can turn their dreams into reality, even in the vast expanse of the open road.
Source: Truckers Report
