Raise Your Freelance Writing Prices in 2021

2021 is finally upon us! 2020 was quite an….”interesting” year, to put it lightly, and I’m already feeling like a new man. I wanted to write a mini-pep talk for my writing friends who want to make the best out of this year. As Coronavirus (hopefully) starts to wind down, I think massive opportunities are growing in our industry that should be seized.

You see, I had an epiphany when I woke up this morning that I wish to share with you:

It’s time to raise our prices.

The first thing I did this morning when I started working was to immediately increase my current rate from 10 cents a word to 15 cents a word. Why do I feel deserving of a self-imposed raise?

Because I’m worth it. End of story.

I’m actually worth much more than that, but I’m fine with working for $0.15 per word.

Over the last year, my writing skills have improved. My vocabulary increased. I read a lot more; not just about my niche, but a whole collection of books which broadened my perspective. I got feedback on my work that helped me to increase my skill in my craft. I work more but simultaneously feel happier. I am better today than I was yesterday, and I think that my fees reflect my personal growth over the course of a year.

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How To Get Paid More Than $0.05 Per Word

When it comes to earning a dignified, living wage from freelance writing, a few common-sense rules need to be applied, especially if you want to do this long term.

Before we even begin, let tell you about a scenario, and please tell me if it sounds familiar:

You’re interested in making a little extra money, maybe even pay a few bills, maybe even rent if you can manage this month. You heard that freelancing can be a very lucrative way to make a quick buck, especially due to the low barrier of entry. You registered at several popular jobs boards like Freelancer.com, Upwork, etc… and perhaps you even wanted to take your chances on Fiverr. You notice the staggeringly low rates that people seem to be charging for volumes of content. Your heart sinks at the prospect of writing over 1000 words for somewhere between $30 and $50.

Welcome to the world of the content mill: a dystopian hell where writers are forced to use their creativity to compete against an underpaid, overworked global network of desperate workers. Gone are the days of landing clients that will pay you inordinate sums to spin out junk articles.

If this situation sounds like something you’re familiar with, don’t worry, there is much, much more to being a freelance writer than trying to grind out a meager living for substandard wages. If you want to make good money, the kind that can comfortably support a family while working a very reasonable number of hours, there are several things you need to keep in mind.

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