What is Freelancing Rate Suggestion Tool?

The Freelancing Rate Suggestion Tool is a useful calculator that helps freelancers determine the ideal hourly rate they should charge. By entering your target monthly income, the number of hours you can work each week, and how many weeks you work per month, this tool calculates a fair hourly rate. It helps freelancers set realistic pricing based on workload capacity and income goals, ensuring a balanced and sustainable work schedule.

How to Use:

1. Enter Desired Monthly Income:Type how much income you want to earn per month.
2. Enter Available Hours Per Week:Enter how many hours you are able to work each week.
3. Enter Working Weeks Per Month:Specify how many weeks you normally work in a month.
4. Click Suggest Hourly Rate:Press the “Suggest Hourly Rate” button.
5. View Your Suggested Rate:The calculator will display the hourly rate you should charge to meet your income target.
6. Use the Rate for Client Pricing:Apply this rate when setting project quotes or hourly billing.