Jodi Helmer says there are five ways freelancers undercut their own incomes, and she lists them in a WordCount post. One of them is focusing too much on a per-word rate: "In most cases, writing for magazines that pay top rates requires a lot more work, including extensive outlines to nab the assignment and multiple rewrites. Accepting an assignment with a lower rate, like 50 to 75 cents per word, not a few pennies per paragraph, often leads to a higher per-hour rate."
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