New freelancers often ask what they should charge. And the most common reply is: “Charge what you’re worth!”
Well, nobody can answer this question for you.
We all have different needs and expectations, e.g. it depends on where you live.
These 5 questions will help you figure out how much you should charge and feel satisfied with it.
When I first started freelancing, I adjusted my rates based on the client’s budget. This turned out to be a really bad idea.
Prospective clients thought that it was a good idea to charge low, low rates, and had short-term goals and expectations.
2. What’s the cost of living, where you currently live?
Are two freelancers with the same specialty charging two different rates? Because the cost of living varies worldwide, their location might be to blame.
Small town or rural county-based freelancers are often okay with charging less. And this isn’t about how much experience they have. It’s as simple as the lower cost for essential expenses such as food, rent, and clothing.
Read the full post here: The Freelance to Freedom Project