Spoke 1
Setting a defensible day-rate — fixed costs, billable days, target take-home
Why this matters
"What should I charge?" is the wrong question. The right question is: "What do I need to earn per billable day so that 150 billable days a year cover my fixed costs and target take-home?" The arithmetic answers it deterministically. The "feel" of a day-rate (matching what a friend charges, undercutting an agency) is the most expensive part of freelance pricing.
How to handle it
Start with annual fixed costs: rent or coworking, software (Adobe, Figma, Notion, GitHub, hosting), hardware amortization (laptop / monitor / camera, 3-year straight-line), professional services (accountant, lawyer), health insurance, retirement contribution, business insurance, and any tooling subscriptions. For a typical EU-based solo creator this lands between €18,000 and €36,000.
Add target take-home: the cash you want to spend on rent + food + savings, before income tax. For a comfortable EU mid-tier this is €40,000-€70,000 net; gross-up by your marginal income tax band and social-security contribution (typically 35-45% combined) to get the pre-tax target. €70,000 net → roughly €110,000-€130,000 gross.
Now estimate billable days. Out of 365: subtract 104 weekends, 25 holiday, 10 public holidays, 15 sick / personal, 30 admin / sales / training, 30 networking / marketing / writing. That leaves around 150 billable days. Realistic, not aspirational.
Day-rate = (fixed_costs + target_gross) / billable_days. A €25,000 fixed-cost solo aiming for €120,000 gross at 150 billable days = €967/day, round up to €1000/day. Defensible: each input is a line item the client can see if they ask.
What changes the rate
Specialization (rare skill, premium positioning) adds 20-50%. Sector premium (regulated, high-stakes — fintech, healthcare, legal) adds 20-40%. Repeat-client discount (50%+ of revenue from one client) subtracts 10-20% on that client's projects in exchange for predictability. Junior-positioning subtracts 30% but signals "trainable" and pulls volume.
Related tools
The day-rate calculator drives the inputs into the margin pricing tool (when you sell digital products, the day-rate sets your opportunity cost of one hour spent on a course vs one billable hour) and into the VAT MOSS check (because day-rate is a B2B service, not a digital good — different VAT treatment).