Writing Fees: You Know What You’re Worth

Newer freelance writers tend to worry about their writing fees. Stop worrying. As I’ve said many times: there are no standard rates. You charge what you charge. You decide, no one else.

I enjoyed this piece in Smart Company, What are you really paying for – hours or experience?

“Many of us who work in the knowledge industry have had our experience and knowledge trivialized by others who do not understand the depth and breadth we must go to be able to deliver timely and precise solutions… many consultants will take a few days to get back to a client to make it seem like they have had to put a lot of thought into the matter so they can justify their fees.”

Never, ever charge by the hour. Charge by the project. No one needs to know your hourly rate except you. Being reticent about your hourly rate avoids “sticker shock”. (Smile.) If you can complete a project in three hours, where another writer might take six, good for you.

Only you know what you’re worth. When you’re more experienced, charge more. You didn’t come by your experience by luck, or by accident: you worked for it.

Tip: add 20% to your invoices. Everything always takes longer than you expect. If you fail to add a fee for incidentals, you’ll find that with many clients your hourly rate drops into the basement, because they’re slow at sending material, won’t get back to you until you chase them, and so on.

, and on Twitter: @angee.

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Angela Booth is a copywriter, author published by major publishers, and writing teacher. She offers many guides, courses and classes to help writers to enhance their skills at her online store. She also provides inspiration and motivation for writers on her writing blogs. Angela has been writing successfully since the late 1970s, and was online in the 1980s, long before the birth of the Web. Her novels and business books have been widely published.