How much should i charge for my services calculator

How to determine your hourly rate

Determining the right hourly rate is the biggest challenge for any freelancer - you're always in danger of charging too little or too much, and both extremes will have a negative impact on your job prospects.

The two simplest ways to calculate your hourly rate are: a) decide how much you want to make a month, or b) see what others are charging and go with that.

Here's how you can calculate your hourly rate, determine how much you should charge for your services, and avoid underpricing yourself.

If you overcharge, you may turn away clients, who'll go to other freelancers, those that offer the same quality work, but at a lower price.

If you undercharge, you won't be able to make all your hard work pay off and make a profit - once you set rates that are too low in your field, it's difficult to price up when you want to, as your existing clients get accustomed to your current low rates.

To avoid such pitfalls, here are two main ways to help you determine your hourly rates:

• Hourly rate that's enough to cover expenses
• Hourly rate that's enough r
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