“How much should I get paid for freelance writing?” I hear this question all the time. Usually, I just answer with a vague, “It depends,” but for my HTBFW readers out there I’ll break it down.
Before anything else, you need to decide how much money you need. You see, you can make anything from a few dollars to a few thousand dollars per week. As a freelancer, you get to decide what you get paid and what hours you work. So sit down and do the math.
Start by deciding how much money you need to survive each month. That includes paying bills and buying essentials like clothing, food, medicine, etc.
Take your first figure and decide how much more than that you would need to live comfortably, meaning you could afford a few extras or keep your savings account well fed.
Now, break that monthly total down into how much money you need to make per week by dividing the amount by four.
Find the daily amount by dividing your weekly amount by seven or however many days you want to work per week.
Finally, decide how many hours you want to work per day.
How much you charge per hour, multiplied the number of hours you want to work per day, should equal how much money you need to earn per day.
ETA: Here is an interesting article by Alexis Grant: What to Charge for Social Media Work (as a Freelancer or Consultant) She offers a different, but still helpful persprective.