Comments on: How to Decide Your Freelance Hourly Rate

By: Sarah Greesonbach

Sarah Greesonbach — Mon, 21 Oct 2013 12:04:14 +0000

In reply to Jon @ MoneySmartGuides. Yep - it definitely just gives you a good goal to shoot for!

By: Sarah Greesonbach

Sarah Greesonbach — Mon, 21 Oct 2013 12:03:39 +0000

In reply to Marissa@Thirtysixmonths. Thanks! When you're first starting out, what you really want is a solid starting point. From there, we all make our own luck!

By: Sarah Greesonbach

Sarah Greesonbach — Mon, 21 Oct 2013 12:02:28 +0000

In reply to KK @ Student Debt Survivor. Per article or post is a great way to go! I think that makes billing and invoicing much easier.

By: Jon @ MoneySmartGuides

Jon @ MoneySmartGuides — Sun, 20 Oct 2013 22:42:25 +0000

I think this is a great formula for getting an idea of what you would ideally like to earn/charge per hour. But like you mentioned, if you are just starting out, you might not be able to earn $40/hr so you either have to work more hours or accept less per hour. Hope shouldn’t be lost though, as you should make earning $40/hr your goal so that one day you can work 6 hours per day, 4 days per week.

By: Marissa@Thirtysixmonths

Marissa@Thirtysixmonths — Sun, 20 Oct 2013 02:38:21 +0000

Figuring out your hourly rate is not that simple. This is one of the tricky parts in freelancing. This post will be very helpful especially to those who are just starting out.

By: Sarah Greesonbach

Sarah Greesonbach — Sat, 19 Oct 2013 12:43:36 +0000

In reply to Connor Harley.

I think that’s the most natural way to progress. I’m in that boat myself! That’s one of my favorite self-employment perks — you really can decide how much you need, work to meet that goal, and get the rest of your life back to spend time with family!

By: KK @ Student Debt Survivor

KK @ Student Debt Survivor — Sat, 19 Oct 2013 12:36:38 +0000

I don’t really have a “freelance rate” I usually charge per article or post. I still think this is good advice though. When I first started offering freelance writing, I way under valued my time because I was just happy to have paid work.

By: Connor Harley

Connor Harley — Fri, 18 Oct 2013 14:15:42 +0000

I actually started at a low rate when I began freelancing. It was really taking a lot of my time so that I can catch up with my monthly financial obligations. But I eventually slowly increase my hourly rate and I only work four days a week and I get to spend three free days for my family.

By: Sarah Greesonbach

Sarah Greesonbach — Thu, 17 Oct 2013 14:53:02 +0000

In reply to Ava. Thanks for your comment, Ava! Before I went freelance, I had a "freelance budget" in my Google Docs for a few months. It helped to see what would have to go in order to afford to do the kind of work I was interested in.

By: Sarah Greesonbach

Sarah Greesonbach — Thu, 17 Oct 2013 14:51:57 +0000

In reply to cj. Thanks CJ! It definitely makes sense to increase your rate with the demand -- especially when you can guarantee a good experience for the client.