Do The Math
If you’re new to Freelancing or you’re about to take the plunge, use this spreadsheet to organize and maintain realistic expectations. I made this spreadsheet when I started freelancing and it’s helped me not burn out! I’ve also given it to friends that were about to quit their job or have already went all in.
It’s a great tool to use when trying to figure out your pricing, create estimates, and decide how much you need to make to live.
Questions this spreadsheet will answer:
What is my hourly rate based on my salary?
If you have money saved up, how long will that last you?
What do you need to make each week?
If you don't make enough this month, but make more next month, how does that affect your runway?
How much time do you need to work each week?