Best practices to curb losing money in a delivery
The delivery side hustle is a great way to earn extra income. In fact, it has also become a way to earn a primary income. It’s easy to see why. The job has all the elements of a positive experience. Daily. For example, travel, meeting new and interesting people and great food. And those are just a few of the perks. When the side hustle involves a delivery app, flexibility with scheduling becomes another perk.
With this in mind, it seems like the real deal. It reads like the ultimate set up. And if that were true, why isn’t everyone doing it? That’s a fair question and it has an easy answer. There must be things that are not perks. Or there are drawbacks. Most things have a down side and the delivery side hustle is no different. In fact, there is a very thin line between making money, and losing money, in the delivery side hustle.
Best Practices to Curb Losing Money
Furthermore, this can apply to the employed courier working with a crew. Unchecked road expenses can multiply exponentially. This covers necessary expenses as well as personal expenses. For example, the eight dollar coffee from the coffee shop. If the courier runs every day, over the course of a week, that is a fifty six dollar coffee investment. That could buy a new coffee maker.
In another example the courier fills the tank three times a week. At the checkout counter, also grabs a bag of chips, and a candy bar. Throw in a quick soda and there’s ten dollars worth of snacks, on a whim. That turns into thirty additional dollars each week. On a whim. Losing money on the road is as easy as the next stop. In the last two examples alone, the weekly expense is almost ninety dollars.That’s a serious amount of money.
Moreover it has to be added to the necessary expenses, such as fuel cost, and any maintenance on the vehicle. It begins to add up. Before long there is more money going out, than coming in. This is when losing money in a delivery side hustle is at its worst. However, recognizing where money is getting wasted is a positive first step in making the delivery side hustle profitable.
Delivery Apps and Personal Preferences
Minimizing expenses is the first key to a successful delivery side hustle. For the intent of this article, a successful delivery side hustle, is the one that brings in more money than it costs. Bringing snacks from home is an effective way to cut the expense of buying snacks in a convenience store.
In the same way, coffee from home, is much less expensive than a daily eight dollar expense. For only one cup. Make a pot of coffee at home, and bring some on the road. Losing money can happen on a delivery side hustle, but so can saving money. Furthermore, there are many ways to save money. On the side of necessary expenses, looking for ways to cut fuel costs, are always ongoing. From cheaper prices at the pumps, to cash back in apps, it is an ongoing process.
Then there are things that don’t cost money, but can save money. Especially in the long run. For example, routine maintenance. Things like the air pressure in the tires and the oil level in the motor, are all routine tasks that can save money down the road. All it takes is a little time and prioritization. A focused approach to completing deliveries, will help keep expenses down, and delivery quality up. Stay safe out there.
Like, share and follow the anonymous courier on X at @Theanonymousc1. Like and follow here for the Facebook page The Anonymous Courier on FB. Also find The anonymous courier on Pinterest.
Click on the Subscribe link to receive updates on new posts, updated posts and new features. Join today.
Comment here