[The Following is an excerpt of my guest post at WPElevation.com]
As a freelancer, deciding what to charge is difficult, stressful, and unpleasant. But if you want to be successful, you need to charge the right rate.
In this article, I want to help you decide what you should be charging, down to the exact penny, using a formula. Luckily, there are calculators we can use so that we don’t have to do any of the math.
So let’s begin and see what you should be charging per hour for your work.
The Wide Range of Freelancer Rates
Take a short look at various freelancing rates, and you’ll see such a wide range of numbers, it almost seems comical. Go to Fiverr and you’ll find hundreds of freelancers willing to take on almost any task for just $5.
Then, go to a freelancing website like Upwork. Freelancers there charge anywhere from $3 to $100. Some of the top freelancers are pulling in $150 or more an hour. I’ve even heard of some freelancers who charge $500 an hour! So with this wide range of rates, how do you decide what to charge?