PTM 011: Making Extra Money as a Pizza Delivery Guy to Payoff $45,000 in Debt | Jeff Kosola from Deliver Away Debt

Listen to PT's podcast with Jeff. Jeff earned the extra cash he needed to get out of debt by delivering pizzas. Listen to his story and find out if delivering pizzas is the way for you to earn extra cash!

Part Time Money PodcastIn today's episode, I interview Jeff Kosola from deliverawaydebt.com. I love Jeff's story. I think you will too. Especially if you are struggling with a lot of debt to pay off. Have you ever wondered how much pizza delivery drivers make? Apparently, it's enough!

Jeff took on the classic part-time job of delivering pizzas on the weekends so he and his wife could get out from over $100,000 in debt. Since he started working his part-time job, he's been able to pay down over $45,000 of the debt from his earnings. Jeff also took to the personal finance blog-o-sphere with this story. Look for his new online video venture: Minute Money Tips

Jeff's Story: Pizza Delivery Side Hustle

When Jeff Kosola heard Dave Ramsey talk about delivering pizzas in an effort to attack his debt with gazelle-like intensity, Jeff took Ramsey seriously. He stopped a new pizza place near his home and got a job.

Jeff and his wife had acquired over $100,000 of debt. They had just returned from working in China, and his wife didn’t have a job because she was staying home to take care of their little boy. Combine that with living a lifestyle that was above their means, and Jeff’s credit card debt had spiraled out of control. He was playing the balance transfer game, and then taking out home equity loans—basically, he had broken every debt rule in the book. They looked for personal items they could sell to make more money, but they didn’t have much. If you need help getting out of debt, take a look at all of these posts.

Still working his full-time job as an engineer at General Motors, the idea of delivering pizzas seemed to be a good fit for Jeff because he could do it during nights and weekends. Jeff worked on Friday and Saturday nights from 5pm until 1am and Sunday evenings from 5-11pm.

Getting the job was easy. Since Jeff had a car and insurance and knew the area well, all his employer was looking for was his willingness. Jeff was paid an hourly rate of $6, plus $1.50 for a delivery charge and then whatever tips he got. In the first year, his average hourly rate was around $19, which translated to him making around $400 a week.

Getting Serious About Paying Down Debt

For the first 11 months, Jeff and his wife used his part-time income to finance their existing lifestyle. They were serious about reducing debt, but not serious enough to actually do much else about it. After nearly a year of non-stop work and no debt reduction, they finally woke up.

Jeff and his wife consulted outside help from a local financial coach who helped put spending systems in place. Together, they evaluated their budget in order to live on his GM income so they could apply 100% of the pizza delivery money to retiring debt. Within one month, they began paying down debt. Read this post for ideas for creating accountability with your finances.

In a year and a half, they had taken over $100,000 worth of debt and reduced it to $30,000.

It is not a hard job. It is actually fun. I mean I love delivering pizza honestly.

Jeff's Tips for Delivery

For those considering pizza deliver as a viable option for a second income, Jeff has 2 tips for maximizing the amount one can make:

  • Customer service is key. Repeat customers are common, so he tried to ensure he knew their names and that their order was exactly what they wanted. He also carried a few extra sodas in his car to give away in case of order problems. And if there ever were an order problem, he would eat the cost of it. People remember those details, he said.
  • Drive fast. The sooner you deliver a pizza, the sooner you can get back to the store and in line to deliver more. The more you deliver, the more money you make.

Thanks to paying off the debt we did, it was simple to qualify for a new house and get out of ours right now. That was the biggest thing –to improve our life so we did not have to wait another 3-4 years to do it. That was the focus. In that time I had started out with a son. WhenI was delivering I had a daughter. Now I have another son on the way. With all those kids coming down the line, I want to get rid of the debt so I do not have to worry about it.

Listen to the Podcast

Play

Here are a few of the questions I ask Jeff:

Motivation for Part-Time Money

Pizza Delivery Driver Jeff Kosola

  • What led you want to make part-time money?
  • What lead you into that much debt?
  • What was the catalyst to finally wanting to get rid of debt?

About Pizza Delivery

  • What was it about delivering pizzas that worked out for you?
  • What was the appeal of the job?
  • What was the job application process like? What skills did you need?
  • How many hours a week did you work?

Family and Dealing with Debt

  • How did you wife feel about this?
  • What allowed you and your wife to come together under that common goal?
  • Why did you need a financial coach?
  • What did the financial coach teach you?
  • How long did it take to pay down your debts?
  • Did you do anything extra to pay off your debt?
  • What is it about your debts that allows you to press pause and focus on the down payment?

Making Money in Pizza Delivery

  • What kind of money were you making an hour at delivering pizza?
  • How did you stick with it?
  • How do you make the most of your efforts at a pizza delivery job?
  • What mistakes did you make early on?
  • Are you sick of pizza yet?

Blogging About Debt Reduction

  • Why did you start deliverawaydebt.com?
  • Do you make money from your blog to help you more with debt reduction?
  • What's next for you?

To see the full transcript, click show

Want My Free 31-Step Money Guide*?

Subscribe for free. Get my guide *31 Days to Improve Your Financial Life, welcome series, and regular Five Things digest. Join 30,000+ other followers.

Powered by ConvertKit

Comments

  1. Great story…. very inspirational way to pay down debt. Thanks for all you do.

  2. Justin……….
    Justin,
    not bad for a second low stress job.

    There is no such thing………by the time you have finished your first 12 hours………
    you need to keep people happy for another 12 hours ……….no matter what!!
    Don’t knock Jeff – or any 2nd job…………life is tough when your bank is your BOSS!!

    Biddy

  3. Hi PT and Jeff,

    I am delighted that Jeff and his Wife chose to pay off their debt rather than
    declaring bankruptcy!! I did the same – though not quite the same amount!
    my friend declared bankruptcy!! She will never be free – I have an amazing
    credit score and no longer purchase anything I don’t have the money for (I do
    use credit cards on occasion). PT’s blog kept me going through the long dark
    hours (of which there were many) and I will certainly follow Jeff’s in future!!

    I always read PT’s and other blogs that helped me along – just to make sure
    I keep on the straight and narrow

    Thanks Guys

    Biddy

  4. Jets Pizza is very popular in the Metro Detroit area, and they pay their drivers (at least the last time I checked) $12 an hour, plus they make several deliveries in an hour…I knew one driver who was making about $20 an hour, not bad for a second low stress job.

  5. My husband did this in the past, too, but the skyrocketing price of gas really cuts into the profits!

  6. Jason @ MyMoneyMinute says:

    Nice interview!

    I love Jeff’s story of just getting after it to meet his family’s financial goals. You can tell by this interview and other blog posts & tweets that Jeff is just a great worker. GM is lucky to have him.

    Good luck with the house — hopefully I’ll hear a few more pizza stories via Twitter before you call it quits!