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FreelanceSwitch, a great site for freelancers that I’ve just added to my blogroll, has a new hourly rate calculator.

If you still have your Schedule C handy or relatively fresh in your mind, filling out the business expenses section of the calculator will be easy. I guessed on most of the personal expenses and was fairly conservative on the number of hours I work and bill. It spit out an hourly rate that is a bit higher than I typically charge, but not by much.

If you are really new to freelancing, this is a great exercise and tool. If you’ve been around awhile, it’s a reality check to ensure your rates are what they should be.

5 Responses to “New Tool to Help Calculate Your Hourly Rate”

  1. Yvonne Russell Says:

    Thanks for the tip Kivi. Freelance Switch is a very useful and informative site. I’d missed this tool though.

  2. Laura Says:

    This is a great tool. Thanks!

  3. Laura Says:

    This is a great tool. Thanks!

  4. WritingThoughts » Blog Archive » More On Billing Says:

    […] Yesterday I ran across this link to the rate calculator at FreelanceSwitch on Kivi Leroux Miller’s site. […]

  5. kjrnarjick Says:

    Hello! Good Site! Thanks you! goxlfxpexog

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