Know the value of your time
Freelance writing rates can be misleading. If you work as a freelance and tell people about the rates you charge, people are often amazed. They will probably think you’re really rich when the reality is that you’re barely getting by.
Why is this?
Think about it for more than a second and you’ll realise that it’s because a freelance writer isn’t writing for 37.5 hours a week. The work you do depends on what you can sell to editors and this will rarely be consistent. You will spend a lot of time researching articles, proposing ideas and invoicing as well. All of this eats into your time and all of it is essentially unpaid.
When looking at your finances, always factor these elements into your calculations. Your article rates might seem a lot to other people, but are they actually enough?
Things to consider:Time and attendance software from Qbis
