Harry here. Today, RSG senior contributor Christian Perea shares an infographic around the hidden costs of driving for rideshare services like Uber and Lyft. We partnered with QuickBooks Self-Employed to make this infographic to encourage financial wellness amongst drivers. Personally, we’ve seen a lot of drivers over the last few years who ignore a lot of these hidden costs.
It’s easy for rideshare drivers to focus on the income they make every day but in this line of work, there are a lot of hidden costs when you drive for services like Uber or Lyft. And if drivers don’t pay attention to the burdens of being self-employed, they could be in for a steep (and expensive) learning curve.
The extra responsibilities of being an independent contractor aren’t advertised when signing up to haul people around in your Prius. Check some of them out below; [Read more…]