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The 3 Best Gig Jobs to Earn a Full-Time Income

For more than a decade , many industries have gradually shifted from hiring full-time employees in favor of contract workers. Whether by choice or necessity, many individuals work full-time in the “gig economy” — a labor market facilitated by online job boards advertising project-based or contract work — by stringing together multiple gigs to support themselves and their families. If you’re considering gig work, start by understanding which areas pay the most, require minimal startup costs, have relatively few expenses, and can be performed from anywhere. Consider these fields: Freelance Writing While it can take some time to make a consistent income, established writers can make as much as $30 an hour . You can work for an agency that specializes in producing content for other companies or individuals. Opt for quality over quantity at first until you can confidently produce high-quality content as per the company’s standards more quickly to find success on these platforms. You can...

Sep 24, 2020

How Much Does DoorDash Pay

DoorDash is one of the most popular on-demand food delivery companies out there. How it operates: the company contracts delivery drivers (also known as D ashers ) to deliver prepared food from restaurants to customers who have placed orders online or through the mobile app. Like similar rideshare companies, DoorDash advertises that each Dasher becomes their own boss and can enjoy the flexibility of choosing where, when, and how much they earn. So, h ow much does DoorDash pay exactly?  First, we must determine how Dashers are paid. DoorDash breaks down their pay model as Total Earnings = Base Pay + Promotions + Tips. A Dasher’s base pay, also known as the delivery fee, can range from $2-10+  and is contingent upon three things: estimated time, distance, and desirability of the order.  Deliveries that take more time or are further in distance will earn more pay. Dashers keep 100% of the delivery fee. There are also promotions (or bonuses) that can increase your pay.  Promotions...

Apr 20, 2020

30 Quick Ways to Make Money in The Next 30 Days

What would you do with an extra $500? Kickstart your emergency fund ? Finish paying off one of your credit cards? Or would you need the money to pay your bills? According to the Federal Reserve, 44 percent of American adults would have difficulties handling an unexpected expense of $400. I remember the days when I looked ahead to the end of the month with disappointment, knowing that my money would run out before I got there. To stave off some of those feelings of fear, I began looking for ways to make money. Quick ways to make money in 30 days When facing a difficult financial situation, you might have a bit of time to make ends meet. If you have 30 days to get back into good standing — or even if you’re just looking for a regular way to make an extra $500 each month to meet your goals faster — there’s good news. The following ideas can be quick ways to make money. Do two or three items on this list, and you could earn $500 by the end of the month. Start by selling something Some...

Apr 10, 2020

Earnings for Uber and Lyft Drivers Are Taking a Nose-Dive

Uber drivers are earning less than half of what they made five years ago, while other sectors are doubling their earnings, according to a recent report from Recode. A study by JPMorgan Chase Institute showed that there was a 53 percent decline in earnings for transportation workers — which include ride-sharing drivers and delivery drivers for other gig economy jobs — between 2013 and 2017. The study distinguished gig economy jobs by transportation, non-transport work, and selling and leasing. JPMorgan Chase Institute looked at more than 39 million Chase checking accounts and tracked payments through 128 online platforms. The leasing sector, which includes Airbnb, saw the largest increase in earnings over the three-year span with 69 percent growth. The non-transport work and selling sectors experienced 1.9 and 9.4 percent increases, respectively. Photo: JPMorgan Chase Institute The average earnings for transportation workers dropped from $1,469 to $783. Leasing sector workers saw...

Sep 24, 2018