Freelance Rate Calculator & Project Profitability Tracker
Most freelancers set their rate by guessing or copying someone else. Then they wonder why they're working constantly and still not hitting their income goal.This calculator fixes that. Enter your real take-home target, your taxes, your business expenses, and how many hours you can actually bill, and it tells you the exact rate you need to charge. Not the naive "salary divided by hours" number, but the real one that accounts for unpaid admin time, taxes, and the weeks you won't be fully booked.Then it tracks your actual projects so you can see which ones are genuinely profitable and which are quietly losing you money.What's inside: Rate calculator that converts your income goal into required hourly, daily, weekly, and monthly rates A "recommended rate" with a built-in safety margin for scope creep and dry spells Project profitability tracker showing your true effective hourly rate and margin per project Dashboard comparing your target rate against what your projects actually earned A reality-check number that tells you instantly if you're underpricing Why it's different:This isn't a blank rate worksheet. It models the full picture: a freelancer wanting $70,000 take-home who bills 25 hours a week doesn't need $34/hour, they need closer to $100/hour once taxes, expenses, and non-billable time are factored in. This tool finds that number and then checks your real projects against it.Built by someone with a finance background.How it works: Enter your income goal, taxes, expenses, and billable hours (10 minutes) Read your required and recommended rates instantly Log projects as you complete them to track true profitability Check the dashboard to see if your pricing is actually working Works in Excel and Google Sheets. 4 tabs, fully automated. Yellow cells are your inputs; everything else calculates.
Get it → lowcountrydesigns.gumroad.com