How to Calculate Your Freelance Hourly Rate (The Floor Rate Formula Explained)
Most freelancers guess their hourly rate.
In this video, we break down the exact formula for calculating a sustainable freelance floor rate using clear financial logic.
You’ll learn:
• What a floor rate actually means
• Why market rates are irrelevant to sustainability
• The three core inputs: personal income target, overhead, and tax reserve
• How to calculate your monthly need before tax
• How to adjust properly for taxes
• Why billable hours are usually overestimated
• How to build a pricing range (floor, target, premium)
This is not motivational advice.
It is math.
If you want to calculate your rate precisely, use the tool here:
https://architect.sivaiah.com/tools/rate-a...
Architect is a systems-first framework for freelancers who want income clarity.