As a Dasher you Shouldn't Ever Have to Borrow Money

Everybody needs a helping hand sometimes. We've all found ourselves falling short of money before when a bill was due. Maybe our light bill, credit card bill or cell phone bill was due tomorrow, but we didn't get paid until Friday. If there's no extension available to pay our bill, we may find ourselves asking family or friends for a loan.

There's nothing wrong with asking for a helping hand, but let's be honest here, nobody likes to go around asking other people to borrow money. Sure, even though they know that we're good for it and that they'll get their money back, it's just not something we want to do.

Most American workers live paycheck to paycheck

It's a fact that most Americans live paycheck to paycheck. What this means is that when they are short on cash for their bills, they'll have to borrow money from somewhere until payday. Family and friends are usually there to offer a helping hand. If not, loan sharks are the next option and if you know anything about that industry you'll know that you should keep away.

Paying back the loans to friends and family members usually runs smoothly, but then new bills start coming in, and an individual may not have the money for these new bills because they had to pay back all of their IOUs. This often creates a snowball effect that has them borrowing from somebody week after week. Needless to say that this is not a very good situation to be in.

Remembering the days when I had to borrow money

I can remember the days when I was forced to ask others if I could borrow money. The worst feeling was when somebody wanted to sincerely loan it to you, but they were having financial problems themselves. There was also that icky feeling when somebody said that they don't have any money to loan you, but you felt that they just didn't want to loan you the money out of meanness.

You may have been right or wrong about them having the money, but it didn't really matter as they are the ones that had the choice of loaning you their money or not. Either way, it still made you feel really crappy. It's worse than the feeling of applying for a credit card and getting denied.

Doordash drivers should never have to borrow money from anybody

Doordash and other gig economy workers have a benefit that is not available to the vast majority of workers out there. Doordash drivers can choose to get paid whenever they want with an option called FastPay. Other gig companies usually have a similar type program.

Most Dashers get paid on a weekly basis just like everybody else. The direct deposit for the previous week's earnings will show up in one's bank account within a day or two after disbursement. If money is needed during the middle of the week though, Dashers have the benefit of knowing that they can have money deposited into their bank account within minutes. If you want to find out more about Doordash Fast Pay and other similar type programs from other food deliver gig companies you may learn more here.

Doordash daily pay with Fast Pay makes life easier

As a gig economy driver, you can always have your money deposited into your bank account with the click of a button. Let's say it's a late Tuesday night, and you suddenly remember that your car payment of $300 is due on Thursday. There'd be a problem if payday wasn't until Friday, but fortunately a Doordash driver can just cash out with Fast Pay and have their money for their car payment in minutes.

If an individual does not have any money earned yet for the week and finds out that they have a bill due tomorrow, they may choose to work today so that they can earn money for tomorrow's bill. Maybe there's a $80 bill due tomorrow. They can go out today and earn that $80 and cash it out to their bank. When they wake up tomorrow, they'll have the money so that they can pay that bill.