It’s easy to figure out your gross revenue but your net (or after expenses) revenue is a whole different story. Today, RSG contributor, Scott Van Maldegiam takes a look at a rideshare driver’s biggest expense and shares some tips on how to keep your fuel costs down amid rising gas prices.
May is always a month of change. Between kids finishing up school, the start of summer break, weather that is always changing and… increasing gas prices. And considering we never know from quarter to quarter where fares will be or how much Uber’s commission will be, it is very important for every driver to pay attention to how much they spend on fuel. After all, it is our largest everyday expense.
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But there are really only 2 general ways to lower your fuel expense: pay less per gallon or increase the miles per gallon. All of our strategies will revolve around these 2 things. [Read more…]