Why Every Freelancer Should Raise Their Prices Right Now

Samuel James White
5 min readSep 16, 2019

Freelancers have a habit of agonizing over the prices they charge to their clients. They then struggle to ask for more money, especially when working with the same clients in the long-term.

I believe freelancers should be looking to raise their prices on a semi-regular basis. As terrifying as it can be to broach the subject of raising prices, it’s a necessary action and you must look to take the sting out of it.

Here’s why you should raise your prices immediately.

It’s Only Right to Change Your Prices

The cost of living rises every year. Inflation rises every year. Your money is worth less as time goes on.

So why would you charge the same prices year after year?

You’re doing yourself a disservice every time you decide to freeze your prices over a long period of time. If your prices are the same now as they were two years ago, you’ve received a pay cut.

Don’t get comfortable. Challenge yourself to earn more, even if it means doing away with some of your lesser clients.

Photo by Alexander Mils on Unsplash

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Samuel James White

Writer, financial expert, and full-time traveler. Have been on the road for almost five years. Read one of my 35 historical fiction novels under James Farner.