How do I calculate my freelance rate?
An example of an AI chatbot conversation about calculating freelance rates.
How do I calculate my freelance rate?
To calculate your freelance rate, consider your desired annual salary, expenses, and billable hours.
What if I want to earn $60,000 a year?
If you want to earn $60,000 a year and plan to work 40 weeks with 30 billable hours per week, divide $60,000 by 1200 hours.
So, my rate would be $50 per hour?
Exactly! You would charge $50 per hour to meet your goal of $60,000 annually.
Are there any other factors I should consider?
Yes, consider your experience, market rates, and any additional costs like taxes or health insurance.
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