Control over Your Earnings
Working flexible hours means you have total control over the amount of money you earn on a daily and weekly basis. For instance, you can drive part time when you need to supplement your usual earnings. Or you can drive full time while you are between jobs. You can also work for both Uber and Lyft at the same time to maximize your time on the road and gain twice the earnings! Taking advantage of the many incentives provided by Lyft and Uber is also a great way to boost your monthly earnings.
Meet New People
If you love meeting new people, being a rideshare driving is perhaps the perfect job for you! People use ridesharing services for many reasons. The job allows you to encounter all types of people, regardless of age. And every encounter is unique! By giving customers a terrific experience, you get a higher rating. In the end, you will reap the benefits of offering a great experience to customers.
Easy Operation
Ridesharing is easy! You don’t have to wait for a middle person to arrange trips for you. Every trip is booked using the rideshare app. From the app, you will see your passenger’s contact information including his or her destination and location. Since all the information you need is provided, there is little room for confusion or miscommunication. In the rare event that a misunderstanding between you and your customer crops up, you can set things right instantly, no need to wait for a supervisor to handle the issue.
Surge Pricing
Surge rides are rare but once special rates are offered, you’ll earn more money. The rates increase during big events and holidays or when demand for drivers exceeds supply. The special rates could give your usual income a huge bump. Learning to take advantage of surge pricing is one of the keys to success in the industry.
Tax Deductions
Driving for a rideshare company means working as an independent contractor. Since you’re not perceived as an employee by your rideshare company and the government, you get to enjoy tax deductions on common rideshare expenses. These expenses vary from car maintenance, car insurance and car loans to data use, fuel expenses, and snacks/drinks. Granted, the tax-deductible expenses are strictly limited to driving-related expenditures and maintenance costs. Still, you could earn even more by taking advantage of this benefit.
Discounts and Incentives
Uber and Lyft are always teaming up with different services to make their drivers’ lives easier! Weekly guarantees, streak bonuses, power zones, and power driver bonuses are just a few of the many bonuses and promos that Lyft offers to their drivers. In addition, Uber has teamed up with Verizon, AT&T, Auto Zone and even some health insurance companies to provide driver discounts and other freebies to their drivers. Now imagine if you’re working for both companies, you get the best of both worlds!
What Are The Alternatives To Being a Lyft or Uber Rideshare Driver?
The food service industry is always looking for part-time and full-time workers. Restaurants and fast-food outlets offer jobs to both teenagers and adults. While food service jobs are great when you are a teenager, they aren’t quite as appealing as an adult unless you can work as a manager. The pay for these jobs is probably going to be minimum wage and you can make considerably more than that driving for Uber or Lyft.
Another possibility for getting a quick job is the big chain stores like Target and Walmart. They are usually hiring part-time help to stock shelves and they pay better than the food service industry. Understand, however, that stocking shelves is done while the store is closed so these jobs will have early morning and late-night hours. Before taking one of these jobs make sure that getting up at 3 AM to go to work fits your lifestyle.
Wrapup
Being a rideshare driver has its challenges but it also offers numerous perks! It’s a terrific full-time job or a side job if you need extra income. You get total control over your work schedule and earnings. You get to meet new people and the pay is better than food service or shelf-stocking jobs.
The Accidental Rideshare Expert Blog at RideshareGuide