A friend of mine called me in a panic the other day because he got canned from one of his jobs. He had 2 jobs and the one he lost made up a significant portion of his monthly income so he called me for advice, inquired as to possible job openings I might know of, consolement, whatever. Anyway he said a friend of his worked for this sharing gig called "Cleanly" and pulls $125 a day for 4 hours of work driving around picking up and dropping off clothes for dry cleaning. He figured he could do the same and more than makeup for the income from his lost job.
I expressed to him that the math didn't add up to me. He even told me that his friend wasn't including the cost of wear and tear on his car, gas, tolls or taxes as an independent contractor. When you add in all of that, that $125 turns to probably $50-$75 and it's up to the individual to determine if that's worth their time. He was adamant that it's good supplemental income but I think it may have been rationalization due to his job loss panic.
And yet, many people do these types of jobs, full time, so there has to be some worth. What does PF think? Where's the break even point? Would you have to do these "gigs" for 14 hours a day to make it worthwhile? Is there some sort of optimization that "giggers" use to maximize their profits like maybe only driving during surge rate times etc?
Submitted January 15, 2017 at 08:51AM by djkaleidoscope http://ift.tt/2iWA2eY
