How to Calculate Your Hourly Rate as a Freelancer

Can you estimate how much you’ll have in expenses as a freelancer? If you decide to give an hourly rate for your clients, then you should take consideration to determine an...

Can you estimate how much you’ll have in expenses as a freelancer? If you decide to give an hourly rate for your clients, then you should take consideration to determine an ideal hourly rate for your lifestyle. Moreover, the challenge of being a freelancer is to decide the value of hourly rate. This will reflect how much you can earn, the value of your creative services, and the image of your personal brand as a freelancer.

When you’re a freelancer, it can be really hard to tell. As a full-time employee, your salary also takes into consideration business costs like health care, licensing, taxes, and other business essentials—but when you work for yourself, you’ve got to cover all of that and more. – Ryan Robinson

We found this infographic from CreativeLive to guide you in ensuring you’re not underpaid. It looks long, but everything is simple and well-presented.

hourlyrate3

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Dibs Leaño is a professional writer, journalist, and managing editor of Doodle Arts. While not working as content manager, she prefers to play computer games, feed her cats, vandalize restroom walls, draw doodles for special occasions, whine for more and plan for world domination. Follow her on Instagram, @dibsidoodles.

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