That’s how much you should be charging per hour.Only factor in how much time you spend working on billable projects. Don’t include the time you spend marketing, emailing, or performing other administrative tasks. Billable hours are the hours you spend working on client projects. Divide your daily target income by your billable hours.That’s how much you’ll want to make per day. If you’re taking off weekends, then just divide by 5, for example. Divide that by the number of days you work per week.Divide by the number of weeks you’ll work this year. That’s your target income per week.Determine how much money you want to make annually. Don’t settle on what your 9-5 job’s salary was since much of your salary will be going toward things you never had to pay for before, such as business expenses, retirement fund, health insurance, etc.But if you’re looking for an answer right now, you can calculate your ideal rate with the following steps. That’s because there is no magic formula! Your experience and qualifications will vary from every other freelancer, as will your business expenses. Resources like this are helpful to figure out your freelance writing salary, but they don’t always tell you exactly what you should charge, especially if you’re wondering how much should you charge for a 1000 word article. Bloggers with less than 1 year of experience typically charge around $50 per 500 words.The average freelance bloggers make (from this survey) is $54 per 500 words.These free writing rates are a good guidelines for copywriting rates and ghostwriting rates. Magazine ghostwriters charge $100 per hour or $1.08 per word on average.Whitepaper writers charge an average of $107 per hour.Web page writers charge $83 per hour or $0.86 per word on average. Newsletter writers charge $82 per hour or $2 per word on average.General speech writers charge an average of $81 per hour.Advertising copywriters charge $92 per hour or $1.63 per word on average.Still, it’s a good place to start to figure out your freelance writer salary for how much to charge for a 500 word article. Unfortunately, the document has some “missing holes” to it, so you might not find your service listed, and if you do, it may not be completely filled out. The closest thing there is to a rates guide is the Freelance Database by Contently. However, the following information can help you get started. With such a vast range of services you can offer, there is no one right answer. Unfortunately, setting your freelance writing rates doesn’t come that easily. Isn’t there a nice guidebook showing where you should set your rates? The frustrating thing is that nobody will give you a real answer on what to charge. You’re worried that if you charge too high, no one is going to want to hire you.īut if you charge too low, you won’t be able to make a living writing. How much should you charge for a 500 word article? Or what is a good hourly rate for a freelance writer?
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