Stop undercharging! Calculate your REAL minimum hourly rate.
How much do you want to make per year?
Realistic billable hours (not 40! Account for admin, sales, etc.)
Account for vacation, sick days, holidays (typically 48-50)
Software, equipment, healthcare, co-working space, etc.
Self-employment tax (15.3%) + income tax (15-25% typically = 30-40% total)
Your Minimum Hourly Rate:
$0
📊 Breakdown
Desired Annual Income:$0
+ Business Expenses:$0
+ Taxes (estimated):$0
= Total Revenue Needed:$0
Total Billable Hours/Year:0
⚠️ Reality Check: This is your MINIMUM rate to hit your income goal. Add a buffer for slower months, add 10-20% for negotiation room, and remember - you can always charge more for specialized skills or rush projects!