s on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally,

If you are considering freelance work, there is one mistake you should avoid as you go freelance. Don’t undercharge for your services.

Many new freelance professionals fall into this trap. They are so anxious to start working as a freelance professional that they charge too little for what they do. Here is why that is a big mistake.

First, you only have so many hours in a day, so if you don’t charge enough, then you simply won’t make the kind of money that you are hoping for. You have to realize that it will take you time to produce quality work and you should be paid for that time. Don't sell yourself short. If your client could do the work, they would do it themselves.

You also make yourself look to potential clients as less valuable than your competition. When comparing freelancers, I would never hire the cheapest one. Why? Because I think that their work must be inferior as well.

In addition, as a self-employed person, you have to realize that you pay more taxes on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally, c

essional that they charge too little for what they do. Here is why that is a big mistake.

First, you only have so many hours in a day, so if you don’t charge enough, then you simply won’t make the kind of money that you are hoping for. You have to realize that it will take you time to produce quality work and you should be paid for that time. Don't sell yourself short. If your client could do the work, they would do it themselves.

You also make yourself look to potential clients as less valuable than your competition. When comparing freelancers, I would never hire the cheapest one. Why? Because I think that their work must be inferior as well.

In addition, as a self-employed person, you have to realize that you pay more taxes on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally,

to realize that it will take you time to produce quality work and you should be paid for that time. Don't sell yourself short. If your client could do the work, they would do it themselves.

You also make yourself look to potential clients as less valuable than your competition. When comparing freelancers, I would never hire the cheapest one. Why? Because I think that their work must be inferior as well.

In addition, as a self-employed person, you have to realize that you pay more taxes on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally,

s valuable than your competition. When comparing freelancers, I would never hire the cheapest one. Why? Because I think that their work must be inferior as well.

In addition, as a self-employed person, you have to realize that you pay more taxes on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally,

s on your income than from an employee’s paycheck. You pay both the employer portion and also the employee portion of social security and medicare taxes. You will need to take this into account when pricing your services.

Finally, compare yourself to others in your field. Set your prices in the middle of the pack somewhere. This way you get paid more of what you deserve and the client still gets a good value.