We’re all about #livingthedream but the reality is, most freelancers have no idea where to start when it comes to setting up their hourly rate.

So we’re giving you a breakdown of how to figure out your hourly rate so that you can go in with confidence and conquer!

Beyond an hourly rate though, project-based income will financially be more beneficial for you. When determining a project’s cost, ask your client “Do you have a budget set aside for this project and is it over X?” to ensure that they are not considering a very low budget for the work. This will weed out low budget clients that don’t fit into your fees.

Writers:

Pay per word or hourly, which is better? Often it will come down to what the client is looking for, with a preference for paying. But usually, in publications and journals payments are per word.