Making Money the Millennial Way: Why Not Both?

So…. Uber…. or Lyft?

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This is the best discovery I made yet. Both apps can be run at the same time and with a bit of savvy you can easily make good money with both of them.

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Two apps, one screen.

How to:

Turn on your Lyft Driver Shortcut in your Lyft settings menu. Then open Uber. Go online with Uber, then drag the Lyft Driver Shortcut to the center of the screen to go online with Lyft. Then go back to the Uber map.

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This is what you’ll see, and both apps will be looking for passengers.

When you accept a ping for Uber, make sure you swipe that steering wheel to the center to go offline for Lyft.

It’s not as easy when getting a ping from Lyft. Accept the ping and then navigate back to the Uber app to go offline. This takes a bit of getting used to, but so far I have not had a ping from both at once, so the extra few seconds haven’t been much of an issue.

Drop off your passenger and turn back on whichever app you went off line with. It’s really that simple.

By doing this, I was able to increase my earnings by about 15%, which isn’t a lot, but every bit counts. My phone died last week and I had to borrow a phone and use only Uber this past Friday. A night that would usually net me $50 after gas ended up being a very slow night for less than $30. Running both apps keeps slow nights moving.

There are apps that automate the whole process, but from what I have read in reviews they are too buggy to be worth the price you pay for them. Plus you are already running several apps at once and of your phone is as finicky as mine it may end up costing you a few rides with screen freezes and other delays. So why risk it? It’s simple enough to do it manually and once you get the hang of it probably quicker than automation anyway.

Next up: Old fashioned pizza delivery.

Making Money the Millennial Way: Unemployment

Ugh
Ugh…

Before I start talking about how to make money with real work I must talk about unemployment. If you’ve chosen a seasonal career like me there is a pretty good chance you will be laid off at the end of every season due to lack of work. You will then have a choice, “do I try to work the off season?” or “do I just collect unemployment?”

So what is unemployment insurance? Well, essentially it’s a compulsory system into which your employer pays to ensure that if you are fired there is a structure in place to pay you little bits of money until you get a new job. That’s a lot of words just to say it’s not exactly welfare, but that it’s very similar. It was taken from your employer at the end of a gun, but in theory it was set aside as insurance in case your employer decided to give you the ax.

“How do I get into this magical pot of free money?” you may be asking. Well, that varies state to state. Each state sets its own requirements for who can collect and how much. And each state sets requirements for what you must do to get the money.

The only two states I have experience with now are Arizona and New Mexico. Both require an extensive sign up process (have paystubs and such ready). Both have work search requirements as well.

AZ requires you to make at least four job searches per week on four different days. Basically apply to one job a day on four different days of the week, or do a job search and record it, or call someone about an application, or any such contact with a potential employer. Keep a record! When you file your weekly claim you will need to tell them what you did. Occasionally they will audit your records, so make sure they are thorough,

NM requires two per week. And I’ve been told they give you more money as well.

But here’s the kicker: you can only make what they give you per week, and if you want to work at all you will most likely just lose money. If you do decide to do something part time and just happen to make money doing it, you have to report those earnings.¬†When you file your weekly claim you have to enter in any GROSS earnings you made that week.

This means if you make $200 driving Uber and spend $100 on gas doing it, you must report that you made $200. They adjust your unemployment payout accordingly.

What this meant for me was that if I made $217 from Uber I lost all unemployment benefits, even if it meant I had only netted $117 for the week. I lost out on $100 of unemployment payments, and wasted time and energy putting in a weekly claim.

Bottom line: don’t bother with trying to collect unemployment if you have any desire whatsoever to be self-sufficient. Unemployment is a disincentive to working, honestly.

If you plan to stay “unemployed” but still want to make a living, skip the unemployment altogether and try some of the other methods I’ll be discussing in later posts.

Making Money the Millennial Way (First in a Series)

I know what you are thinking, here is yet another in a million blogs telling you how to make money. And next he’s going to tell me about how this isn’t like the others.

Well, you are correct, on both counts. This is yet another blog out of a million about making money. And I am going to tell you it is different.

“How so?” You ask, incredulous.

Well, instead of telling you I made $1000 from my blog, then telling you all I had to do was give a guy who read my blog a Lyft referral code, and all he had to do was drive fifty trips in 30 days, I’m going to discuss various options for making money these days.

I’m going to give you a low down on all options from blogging to Uber (and yes, maybe even Lyft) to good old fashioned pizza delivery and product sales. I might throw in a yard sale as well, just to cover my bases.

All of these will be things that I or my wife have tried, or are in the process of trying. We are still collecting data and forming our opinions of the various options we have chosen. Therefore this is going to be a series spread out over awhile, so keep checking back, maybe you’ll learn a thing or two.