Should I earn through Uber?

An Uber driving job in Australia is an easy, secondary way to earn. If you’re set to earn through an Uber driving job, looking for a car rental for Uber or Lyft might be the first priority on your list. However, there are certain aspects of the job that you have to consider first. Also, while the application requirements are friendly to almost anyone (including PWD drivers), there are also tests. Now if you fail to pass the test, such as a blood pressure assessment, it would be a waste of time and effort.

car rental for uber

Before you decide to earn through Uber, here are some things you should know and consider:

Earning with an Uber Driving Job

One of the things you should consider first the expected amount of money you will earn through a driving job. You have to estimate your average income, expenses, and your take-home pay weekly or monthly. Drivers in Australia have an average income of $35 to $40 before Uber cuts 25%. It’s the same with the US where Uber drivers make 75% of their total fare in a week. This measurement excludes the additional expenses you make along the way while driving. Now, if you can work your way around this set-up, then you’re one step ahead for that Uber job.

Meanwhile, if you don’t have a car, the company can connect you with a car rental for Uber. You can apply for car rental for Uber in their partner companies like Keyz. Another scheme you should be informed of is the Uber car financing. Uber car financing can help you get a new car and the requirements are broad. If you have bad credit record, you can finance Uber car instead of getting a traditional car loan. Uber financing programs are aimed to help drivers who have a bad credit history to get a car.

Get Financial Advice and Information

Getting a second job should be taken seriously. A hasty decision could disrupt your career and your health. Uber car hire is usually done by people who have main jobs but are in dire need of additional income. If you’re tight on budget, seeking a personal financial advisor might help you dodge a bigger bullet. Next, you must first learn the difference between financial advice and information. The former is instruction you can make use of, while the latter is just data. However, tailored advice comes with a price, such as advice on managing finances of people working two jobs. Fortunately, there are financial counselors in Australia that provide cheap or even free, independent services. Centrelink also provides seminars about Financial Information, individual appointments, and telephone counseling. If you are considering enrolling in the Uber financing program, get advice about interest rates.

For the DIY people

If you don’t have the time, you can look for driving job seminars near your area. Uber also requires you to attend an informative seminar after your online application. Remember to be careful about “free” seminars—some are just excuses for selling or advertising expensive products.

If you like the DIY method, be ready to get information overload. Sure, the internet is a vast source of data about financial management. But most of the time, they are just data—there’s no substance. However, if you like doing research on your own, you can also search for verified forums and group discussions of Uber drivers. In there, you can find debates and valuable information about earning as an Uber driver. There are also trusted websites that provide financial information such as moneysmart.gov.au, ato.gov.au, and asic.gov.au.

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