Supplement our income with a side job

 

These days, many of us are looking to supplement our income with a side job. The new “sharing economy” has facilitated many ways of finding extra work that can be done in your spare time, and has help millions of people increase their incomes and reach a better state of financial security. One of the most popular jobs in this field is driving for a ridesharing service like Uber or Lyft. With these services, people who need a ride somewhere can use a phone app to summon a ride wherever and whenever they need it. You’ve probably seen their recruiting pitches and may be thinking about working for them. Before you sign up, here are a few things you ought to think about to make sure that driving for a ridesharing service is the right side gig for you.

First, you’ll need to have a valid driver’s license for your state and pass a background and driving record check. The license requirement should be no surprise, but if you have any criminal history or have received any traffic tickets recently, that might prevent you from being able to work for a rideshare company. You’ll also need to be at least 21 years old, and may need to have one or more years of driving experience.

Next, you’ll need your own car, of course, as well as an up to date insurance policy. Not just any car will suffice, you’ll probably need a four-door model that was manufactured recently and can pass a vehicle inspection. If your current ride isn’t up to snuff, you can always invest in your future ridesharing career by looking into online car buying options to find an affordable vehicle that will meet the requirements for the ridesharing service you’re interested in working for.

You’ll also need a newer smartphone (iPhone or Android) with updated operating system software that can run the ridesharing app, since that’s how you’ll be notified of all your working assignments, getting directions, and so forth. You might also need to have a checking account set up in which you can receive direct deposit payments for the money you’ll be making.

Lastly, if you’re going to work for a ridesharing company, take some time to figure out how much time you can expect to devote to working for them, and how much money you’re likely to make. Most drivers can make around $10 to $20 per hour, but you have to factor in vehicle-related expenses like gas and maintenance as well. Make sure it makes good financial sense for you to spend your time doing this kind of work before you commit to it.

If you meet the qualifications, have the right kind of car, and the numbers add up, go ahead and apply to the ridesharing company you want to work for! Many drivers find their work fun and interesting as well as financially rewarding, so don’t be afraid to give it a go if it sounds like your kind of side job.

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November 2017
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