Uber is a phenomenal way to bring extra income into your household. I have experienced this first hand, and I am so happy to have benefited from the world of ride-sharing.
I won’t lie – sometimes driving for Uber can suck. You may have an annoying passenger, or you may end up with a ride that is WAY further than you really want to drive. But, from my experience driving for Uber for 14 months, I really believe the net result of Uber as a side gig is positive.
In this article, we will go over how I made $11,618 last year while driving for Uber, and how anyone can make extra income thanks to the ride-share business.
I drove 40 weeks last year
I am very thankful for the opportunity of driving for Uber for a few main reasons. One of those reasons happens to be that it allowed me to live in Paris for six weeks with my girlfriend. It also allowed me to visit her twice while she was getting her masters in Scotland last year.
Now, don’t get confused – I wasn’t able to drive for Uber in Paris! Uber merely allowed me extreme flexibility to work whenever I wanted, and helped me bring in enough extra cash to afford traveling.
By the way, Uber drivers in Paris dress to a T. I came back to Florida and tried dressing nice and people kept asking me why I was dressed up. Like an uber driver can’t wear a suit jacket or a tie?!
Anyway, there is no pre-set schedule, and no minimum amount of time you are obligated to work. Because of Uber, it allowed me to save enough money to travel to be with my girlfriend, as well as the flexibility to just pick up and leave. Without Uber, I wouldn’t have been able to accomplish this.
By the way, if you are interested in driving for Uber, you can learn more about applying to drive by clicking here.
Initially, I drove after work and on weekends
When I started driving for Uber, I would drive after work, and on Saturday and Sunday. I didn’t like driving much at night, but since I was working full-time, I didn’t have much choice during the week.
At that time, there was no way to tell Uber which direction you wanted to drive. So, if I wanted to drive someone on my way to work and make extra income during my commute, I could end up an hour or more away from work!
These days, Uber solved that problem and allows you to set your destination up to two times per day. Now you can drive people before work without too much risk, and you can then drive after work until you meet your monetary goal.
I wrote a whole article about this here: Uber Hack – Get Paid for Your Commute to Work
I started limiting driving to daytime hours
I quickly became tired of driving at night. It is like a switch goes off at 8 pm and, suddenly, everyone turns into a drunk idiot. Initially, the only time I could drive during daytime hours was on the weekends. So, when I quit my job, I was able to drive for Uber during the day at my own pace.
I liked to get an early start around 5-6 am. By about 10 am things would die down, and I would head home for lunch and just hangout for a few hours. It was really nice to be able to do this, and the time allowed me to work on other things – like getting this blog started.
Some days I would stick at home until as late as 2 pm. Other days I would leave after eating lunch at 12:30 pm.
If I worked nights instead of during the day, I could have made the same amount of money in about 60% of the time. I just hated driving nights, so I preferred driving longer during the day, instead of shorter at night.
While I drove for Uber 40 weeks last year, I didn’t drive full-time that entire period. Of those 40 weeks, 7 of those I only drove 1 or two days. I drove 3 days or more for 33 weeks.
My average weekly income from Uber was $290. This includes those weeks where I only drove one or two days as well.
The lowest amount I made in a week was $25.85. During that week I only drove one day for less than three hours.
The most I made in a week was $555.43. During that week I drove five days and completed 55 trips.
Some weeks were busier than others, and some weeks I was just lazy. I also didn’t live in the best Uber market; in MANY cities, you can make more than I averaged.
I feel like as time goes on, more and more people will be tipping their Uber drivers. It was Uber’s initial policy that riders shouldn’t tip Uber drivers. However, they were sued for this, and that language has been removed from their website.
Nowadays, I would say 30% of people tip. A tip can range from $1 all the way up to $20. I was tipped $20 multiple times for some longer drives.
I didn’t include tips in the income for an important reason. The $11,618 is gross and does not include gas, maintenance, or depreciation.
For the sake of argument, I will assume tips covered most of these expenses.
Uber helped me quit my job and start Stock Street
Uber was a favorable side-gig and it allowed me to bring in a nice amount of extra income. While I initially planned on working full-time and driving for Uber on the side, I soon realized it could be a great tool to give me flexibility to quit my job. Without Uber, I may not have had the time or patience to start Stock Street.
If you are in a similar situation to what I was in, and you are interested in driving for Uber, I highly suggest you look into it. You can click here to learn more about driving for Uber.
Here is a screenshot of my annual statement from Uber. FYI: This statement can be deceiving since Uber adds their fees to the income statement which is ten deducted.
Thanks for reading!
Disclaimer: These are the ideas and opinions of the author. The author is not responsible for the actions of those who read the posts on this blog. Each individual reader has a unique situation and unique needs. This blog is not intended to solve those unique situations of the readers. This blog is not liable for decisions made by the readers of this blog.
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