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Advice / Succeeding at Work / Money

How to Figure Out Exactly What to Charge for Your Freelance Work

Whether you’re just starting to do a little work on the side or you’re leaving your day job altogether, it’s important to know your worth as a freelancer. And contrary to what your “get a real job” parents may assume, you’re worth more than you think!

You also have to charge more than you think. After all, you need to factor in the additional costs of doing business on your own. This means thinking about things like healthcare, phone services, and software–things that would otherwise be covered by a company. Also, like any other job, you have to consider how many hours you will actually work on your own. Remember, anytime you take days off, you’re not getting paid.

So, before taking the leap, make sure you know the true cost of your work. This infographic from CreativeLive should help you crunch the numbers and come up with a realistic hourly wage.

Infographic courtesy of CreativeLive. Photo of freelance activities courtesy of Shutterstock.

This infographic was designed by Rachel Frankel. Architected by Ryan Robinson.