Reply to I am a DC uberX driver since 2013 and have SEEN IT ALL...so please, AMA

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Reply to "I am a DC uberX driver since 2013 and have SEEN IT ALL...so please, AMA"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, you are obviously smart and capable, and you write well. Can you give a hint as to your background / day job? What have you done with all the money you've earned?[/quote]

Think along the lines of insurance/actuary for a day job, but not exactly.  As far as background, I'm college-educated, a native Virginian and lots of you transplants would consider me a "townie".

I live off what I make driving uber.  I try to live cheap and can easily pay all my monthly bills including rent with around $1,600/month.  I have not spent a paycheck earned at the day job for years now.  I fully invest my day job paycheck + any extra from uber into a taxable account at Vanguard (mostly index funds like VTSAX).   I also am able to invest about 15% of my net profit on uber into an SEP-IRA, which is tax deferred.

In regards to all this, I'm likely a rarity.  My goal is to own a home free and clear in DC/Arlington with in the next decade or so...I know it's going to take a mountain of cash to do it.  I'm know that I'm not the smartest, but I will out-hustle anyone...period.[/quote]

I admire your willingness to hustle. Have you heard the saying "Work smart, not just hard"? Is there a way you can work smarter rather than harder?[/quote]

I find this condescending, and also odd. He has a clearly defined goal and has figured out a way to reach it by investing the entire paycheck from his day job. Sounds like he is working both hard and smart to me. I wish my DH had a fraction of this financial discipline. [/quote]

Thanks, I appreciate the thought.  No one needs to worry about me, I'm doing just fine.  It is a challenge to be truly profitable on uberX doing something as simple as driving a car.  It's not an hourly wage job, it's a hustle job.  Theoretically, there is no maximum limit to how much you can earn.  But actually making it happen at a high hourly average is another story.  If you are reading this then I'm guessing you've already browsed many pages in this thread and know my (mostly positive) attitude on the whole deal.  Now read the thousands of gripes and complaints here about how hard the job is in terms of profitability: https://uberpeople.net/forums/Pay/ & https://uberpeople.net/forums/Complaints/

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