Before making money with Uber, I had an online business for 4 years. During that time my business evolved from Techie Virtual Assistant to Web Designer to Tech Trainer where I created an online course and taught entrepreneurs how to create their own business websites.
So why would I come out of my pajamas and put down my laptop to drive people around every day? I mean, who would leave the “dream lifestyle” of “working from home”, “making money online”, “working in your PJs”, “having time freedom”, and “benefiting from a flexible schedule”, etc.?
Well the truth is, although I definitely enjoyed the perks of my online business, and benefited from several successes during those 4 years (including landing multiple 1-on-1 monthly retainer clients, landing multiple project clients, selling and running a group program/online course, making money from affiliate marketing, etc.), I never actually reached the levels of financial success I could truly rely on consistently.
I likely could have been the poster child for the feast or famine cycle of entrepreneurship. I would have a great month, or a great couple of months, followed by several struggle months until I came up with something else that “could work”. But I never fully got on my feet with enough reliable income I could live on.
And to be honest, I just got tired of struggling financially. So, after repeated suggestions from my brother, I decided to give Uber a try as a financial solution.
Wondering, “How much can I earn with Uber?”
When I decided to become a full-time Uber driver to make more money I literally went from not knowing how much I was going to make each month to making $700 – $900 every single week!
You can literally earn however much you want to earn with Uber. I earn $700 – $900 every week because of the schedule I choose. My mom, who’s a 71-year-old retiree, makes $800 – $1,000 a week driving Uber! She works pretty much the same schedule that I work, she just makes more because she’s willing to get up and out 1-2 hours earlier than I am. (To figure out the schedule that works best for you, read this: How to Make Uber Work for You, Your Schedule & Your Money).
Is driving for Uber worth it? Can you make a living with Uber?
If you’ve been thinking about driving Uber and you’ve done some research, you may have come across those that don’t have much faith in the Uber income you can make.
Critics feel that with the amount you bring home after Uber takes their cut, and the inevitable car maintenance and expenses along with the wear and tear on your car that driving Uber just isn’t worth it.
Well, I’m here to dispell that myth. Even with all of the negatives the critics like to focus on, I have not only been able to make a living with Uber, but I’ve also used it to pay down debt, raise my credit score, take vacations and even make large financial purchases.
If you go into Uber with the right mindset and strategies (as with any entrepreneurial venture or venture of any kind for that matter) you most definitely can make it worth your while.
Below I’m going to share exactly how my life changed from the poster child of the feast or famine cycle to the Girl Boss Uber Driver who is taking charge of her finances and future.
Major Life Changes Driving Uber Full-time Since September 2016:
I paid off 3 debts in 1 year & 4 debts in 2 years
I was able to pay off my first debt within my first 2 months of driving with Uber. It was an old debt that was showing up negatively on my credit report. So I paid it off in one lump sum by setting aside some of my new reliable income in a savings account (and it felt amazing).
The other 2 debts were credit cards I got while trying to survive with my online business. I wanted to get rid of those immediately as well, so I aggressively paid those down monthly until they were paid off completely, which I was able to do within the first year.
I also had a 4th debt that was a bit larger than the others so it took a while longer to pay down. But I’m happy to say that within my second year of driving Uber I was able to pay off that 4th debt as well!
I raised my credit score by 200 points in 9 months
I finally got a car after being without one for 7 years
The last time I had a car was in 2009, and I started driving with Uber in 2016. When I signed up, Uber had a program where you could lease a car through them even if you had bad credit (and I obviously needed that option since my credit score needed to be raised 200 points!) If it wasn’t for that program, I don’t know how I would have gotten started.
It was nice to finally have a car again, that I could drive personally as well as for Uber. Finally having transportation upgraded my life in so many ways.
Unfortunately as far as I know at the time of this post, Uber no longer has the car leasing program. But they do have a car rental program (and there are now other car leasing/rental programs that can be used for any rideshare program). You can read more about those options here: Become An Uber Driver: Requirements, Signup Process & Options.
I went on a real vacation for the first time in 7 years
But in 2017 I went to Vegas for the very first time and had a ball! It was SO much fun to get out of town, experience a new place, and just be able to travel again (I’ve always loved it and used to do it a lot more often).
It felt good to not only have enough money to rely on for daily living but to also enjoy the luxuries of travel and the fun of vacation!
I spent the holidays relaxing with family out of town
For too many years I’ve had to stand in the cold to wait on the bus or even walk to busier areas to hail a cab in the cold in order to make it to and even bring food for my family holiday dinner (I was totally oblivious to the idea of taking an Uber myself before becoming a driver – true story! lol).
I even stood and waited at a bus stop for a bus that never came because it was off for the holiday! Had to finally hail a cab. Yes, this was my reality during my struggle years!
So in 2017 I treated myself to visiting family in Dallas, Texas for an entire week and having nothing on the agenda but relaxing and enjoying great company.
I bought a brand new car for the first time in my life
It was time for me to move on from car leasing and own again. So it was nice to be in a position to get what I wanted AND the price I wanted (even with no money down).
Although the car leasing program was convenient, it was expensive. I am now saving almost $300 ($287 to be exact) in my monthly car payments with a brand new car vs. the leased, used car I had. DEFINITELY worth the switch for me!!
I'm finally able to LIVE instead of just surviving
But to be able to finally live again, to buy things that I need AND want, not only what is absolutely necessary. And to enjoy life more without shame and struggle. Things like that I’m incredibly grateful for everyday.
So as you can see, I literally pulled myself out of a financial slump that had been plaguing my life for quite a while. By detailing all of my financial business in this post (and I am really laying all of my business out here for you all!), I wanted to share what is possible, to help people that may be in a similar situation and not sure how to get out of it.
With Uber, I’m still able to have time freedom and a flexible schedule, both of which are very important to me. My time is still my own. I’m still able to decide when I work and when I don’t. And I decide how much I want to make each day and each week. A lot of the things I value in entrepreneurship are still very prevalent in my Uber venture, which is why it works so well for me.
And if you’re wondering why I didn’t just go get a job for all those struggle years, you may already be able to tell but, being an employee just isn’t for me. Trust me, I tried to make myself go back into that world several times. I just couldn’t make it happen. I have to have a certain level of freedom and control that absolutely will not allow me to work for someone else again.
You may also notice that the steps I decided to take with my consistent income (once I finally got it) are along the lines of setting myself up for financial freedom. Getting rid of as much debt as possible, as quickly as possible, was definitely a high priority for me. I’m tired of it looming over my head.
Personally, I feel that the more I can free up my money to spend on investing in myself, taking care of my needs, and having fun, the happier I am.
These are just some things to note when thinking of Uber as a money solution. I was literally able to set goals for myself based on what I wanted and needed in my life AND reach them in a fairly short amount of time.
Overall, Uber is a great income opportunity. It can even be life-changing, as I’ve documented here (whether you have a list like mine that needs to be tended to, or you have a completely different list of your own that a new/additional income stream can help you achieve – get my exact process of how to reach your goals with Uber here).
You can drive part-time or full-time based on your needs, goals, and schedule. You are an independent contractor with Uber. You are not an employee. You are your own boss. And no matter how much I pump Uber up, I do NOT see it as a life-long career (although you can make it that if you want). I personally see it as an income opportunity to help you get where you want to be.
Share Your Thoughts in the Comments Below:
What questions do you have about my experience and life changes with Uber?
What do you think of how much my life has changed in such a short amount of time?
What questions do you have about Uber in general?
What stories do you have about how Uber or any great income opportunity has changed your life?