My March

2017 Monthly

Uber & Lyft

Income Report

 

 

Welcome to my March 2017 Income Report!

This month was a great learning experience. 

I furthered my knowledge on what helps to maximize profits by implementing new methods such as my use of my new Tip Jar.

Because I dictate my own schedule, I took a week and half off from Uber and Lyft to enjoy a wonderful time in sunny San Diego. I also had the opportunity to spend time eating delectable tacos in Ensenada, Mexico with a great group of friends. 

Even with all that time off, I still managed to gross $7,296.06.

March also came the month of 4 brand new tires. This definitely pushed my expenses up, but obviously as a rideshare driver this is necessary expense that will come along as you drive more for Uber and Lyft

Overall, I throughly enjoyed March. Continue reading and check out how March matched up to February's Income Report.

If you have any feedback or questions for me please contact me here

March's Rideshare Product of the Month 

Buy It Now On Amazon

Adir Acrylic Donation Box With Lock (6.25" x 4.5" x 4") - Clear

The perfect tip jar for Rideshare Drivers.

 

Important Events Over This March

  • Feb 27th - Mar 3rd: Game Developers Conference (G.D.C) - This conference located in San Francisco is the world's largest professional game industry event. The conference brings in approximately 30,000 individuals from gaming companies around the world.

Three Insights I Took From March?

  1. Tip Jars = $$$. In the previous month I added a tip jar to my car. This month having a tip jar really showed how it can increase your profits. In 3.5 weeks time I generated $202.00 in tips (this is excluding the $100 received from returning phones). The tip jar I have is a little bulky, but still is a great addition to my car. You can get a smaller one, but if you want the one I have click here.
  2. This month solidified my love for the flexibility of rideshare driving for Uber and Lyft. I took a total of 1.5 weeks over two separate occasions throughout the month. I traveled to San Diego and traveled to Ensenada, Mexico where I met a large group of friends. I had a great time and even with all this time off, I was able to gross $7,296.06 in the month of March. 
  3. Phone Returns = $$$. Have you ever had a passenger leave their phone in your car, and you had to return it later in the day? This month I had two phones I had to return. These individuals were so grateful that I went out of my way to return their devices that they graciously offered me a total of $100.00. So don't get upset when somebody leaves a phone. It can mean big cash for you!

Last Month

$8,725.28

This Month

$7,296.06

Last Month

$890.18

This Month

$1,130.98

Last Month

$7,835.10

This Month

$6,165.08

  

March's Weekly Earnings

  • One Week of Uber/Lyft: $1,027.20

    (Click To See Weekly Report)

 

Uber Weekly Promotions

  Top 3 Uber Rides Of the Month

  Top 3 Lyft Rides Of the Month

Income Breakdown
Total Gross Income

$7,296.06

-$1,429.22

-16.38%

Uber Earnings 

$6,355.23

-$708.75

-10.03%

Ride Earnings

$3,988.23

-$690.75

-14.76%

Promotional Earnings

$1,565.00

-$685.00

-30.44%

Uber Driver Referrals

$500.00

+$500.00

+%

Uber Tips

$302.00

+$167.00

+123.70%

Lyft Earnings 

$940.83

-$720.47

-43.36%

Ride Earnings

$835.83

-$64.67

-7.18%

Promotional Earnings

$0.00

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Lyft Driver Referrals

$2.00

-$698.80

-99.71%

Lyft Tips

$53.00

+$13.00

+32.5%

Lyft Passenger Referrals

$50.00

+$30.00

+150.00%

Expense Breakdown
Total Expenses

$1,130.98

+$240.80

+27.05%

Car Maintenance
(4 Tire Replacements, Oil Change, Car Alignment)

$382.24

+$382.24

+%

Gas Expense

$289.55

-$41.44

-12.52%

Car Insurance

$237.91

$0.00

0.00%

Cellular Data Plan

$106.70

+$0.00

0.00%

Tickets/Fines

$0.00

-$100.00

-100.00%

Car Depreciation

$114.58

$0.00

0.00%

Net Profit Breakdown
Total Net Profit

$6,165.08

-$1,670.02

-21.31%

Wage/Hr Breakdown
Total Gross Wage/Hr

$39.06

+$0.10

+0.26%

Uber Gross Wage/Hr

$39.41

+$1.64

+4.34%

Lyft Gross Wage/Hr

$36.88

-$14.09

-27.64%

Total Net Wage/Hr

$32.51

-$2.12

-6.12%

Hours, Trips, & Miles
Total Hours Worked

172 h 40 min

-34 h 47 min

-16.76%

Uber Hours

148 h 34 min

-38 h 27 min

-20.55%

Lyft Hours

24 h 6 min

+5 h 39 min

+30.62%

Total Completed Trips

589

-16

-2.64%

Uber Trips

512

-29

-5.36%

Lyft Trips

77

+13

+20.31%

Total Miles Driven

3,785 mi

-590 mi

-13.48%

 

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