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RE: My Instacart Financial Report - Week 1

in LeoFinance3 years ago (edited)

Sounds like you are figuring it all out and that it's working for you. That's great! Can you make lists of regular customers? Like category 1. Good tippers to accept and category 2. Bad tippers (aka birdseed lady) to avoid.
You may want to factor in your expenses when doing yoir analysis - i.e. estimated gas money spent. Sounds like you are aware of that already though since you look for low milage batches. You may want to look into items that you can right off for taxes if it's considered freelance work. May be able to right off a portion of your milage and cell phone bill for example.

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Sadly the app doesn't tell me who my customer is before accepting it. It gives you the estimated batch pay and what type of tip they tend to give. Then it tells you how far away from the store they live and what items they will be purchasing. Only after accepting a batch do you get the person's name and are able to chat with them. It also will not give you their exact address until you have uploaded a copy of the recipient of purchase.

I'm definitely taking note of gas, I'm using more than I usually do that's for sure. So far it still seems worth it. Taxes will be something I will have to be ready for next year too.

I see. Yeah I suppose it makes sense that they withhold some of that info. Yeah track milage and keep receipts for any "business expense." You will want to claim as much back from taxes as you can. 👍