It is all about the Delivery Business by The Outlaw Micheal Tomsik
The delivery business is a lot about Tips, Tokes or Gratuity, if you are a delivery driver as an employed driver or a driver that is self employed the money you make from Tips, Tokes, or Gratuity are a huge part of life.
However there are a lot of industries that Tips, Tokes, or Gratuity make a impact on one's income.
Anyone who works in a casino for instance that deals cards, works on the floor, housekeepers, or sports books. Also if you work in restaurant positions, bartender, valet, taxi driver, and various other positions whereas Tips, Tokes or Gratuity is a major part of your income.
Wage laws very from State to State on tipped positions like here in Missouri in a tipped position you are paid $4.74 per hour plus your wages, in positions with no Tips, Tokes or Gratuity currently the wage is $9.74 per hour.
You will need to research your State and Federal regulations on wages where you live
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I have worked in positions with Tips, Tokes or Gratuity for several years being that a big part of my career was spent working in casinos in the Sports Books. I also have 3 years of delivery driving and passenger pick ups/drop offs or as a self employed contractor.
There are drawbacks and benefits to having employment or being self employed with Tips, Tokes, or Gratuity.
One of the drawbacks is you never really can estimate or count on how much you will receive in Tips, Tokes, or Gratuity. In the positions I worked in at the casino it varied all the time, and as for being a self employed contractor it can change on a daily basis.
One benefit is most likely you will receive some amount of Tips, Tokes or Gratuity in these positions when you are working. It takes some careful thought on saving, spending and using income from Tips, Tokes or Gratuity.
When I worked in the casinos the department split the Tokes, Tips and Gratuity on a bi weekly bases usually on the opposite weeks of regular paychecks.
I usually made about $250 to $500 in Tips, Tokes or Gratuity on a bi weekly bases so averaging $600 to $1000 in income per month plus my salary (wages) from the casino.
There was one time I received $750 that was the highest I ever got in a two week period.
While doing self employment contracting I could make anywhere from $50 to $150 in an 8 to 10 hour shift. However this can vary from location to location. It is really best to research your area. One thing I found in my investigation is that companies that do deliveries or passenger pick up/drop offs do not regulate how many drivers in an particular area.
I found in my experience at times some areas could be over saturated and therefore less work for contractors.
This means less Tips, Tokes, or Gratuity.
Also with Tips, Tokes or Gratuity you are responsible for reporting that income. Most employers do not take any taxes, or unemployment, or social security out of Tips, Tokes, or Gratuity.
If you are a self employed contractor than you are completely responsible for these taxes.
It is suggested to put away at least 40 percent of Tips, Tokes, or Gratuity for these government taxes.
It is hard to change if you move from a position that was including Tips, Tokes or Gratuity to a position that does not include them. I found in the past I really had to change and work on my spending and savings habits going from a position with Tips, Tokes, or Gratuity to a position that did not include that income.
I started investing my Tips, Tokes or Gratuity in the stock market and was able to eventually get enough to move from Reno, Nevada to Springfield Missouri, pay off some debts, and buy a home.
To this day I still am working a position that involves Tips, Tokes or Gratuity but in a few weeks I am leaving that position for one that does not offer any.
So I will have to look at making some changes on how I save money or spend money.
However I can still do independent contractor work if I really want the Tips, Tokes or Gratuity.
If your in a industry that you get Tips, Tokes, or Gratuity I would love to hear how it affects your lifestyle.
The Outlaw Micheal Tomsik