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How To Set Your Fees: Some Great Advice For Freelance Writers

Becoming a freelance writer is one interesting career for students, stay at home mothers, people who have passion for writing and self-employed persons. This gives you the freedom to work on your own schedule and choose your priorities for writing assignments. You do not need to put up with an annoying boss or a job that pays you less than you are worth. You can have as many leaves and vacations as you like depending upon the goals you have set for yourself. After the internet revolution, it is becoming more popular to sit at home and make money from your living room. More and more people are learning the art of making money at home by developing writing, designing or development skills. People who have time and money can also invest in their own product-selling website or a blog community.

This article however, focuses on freelance writers. The purpose of this article is to help freelance writers set their rates for the clients. In the beginning of your career, you might have a hard time in quoting price for even a few hundred words because you do not know what your time and skills are worth. As time passes, writers develop their packages and payment policies for different kinds of tasks. Professional writers prefer to either have a pay per word policy or design a custom tariff for different kind of tasks involving different levels of research. If you want to decide how you can have a standard policy for charging your clients then you will need to keep a few things in mind

Know you skill

Not all writers have the same capability and expertise. Someone may specialize in technical writing while others have professional degrees in different areas. You need to determine which skill you want to sell to your clients. Make sure it is your best.

Determine your skill level

Once you select one skill to follow as your career, you should go ahead and check how proficient you are in that. You can do this by online tests, quizzes and ranking systems. They will ask you certain questions and see what your skill level is

Compare with market price

When you find out your skill level, you should check the market price and demand for your skill and expertise. This will help you take out an average and set your rate accordingly