Mar 7, 2020 02:52:55 PM by Dario N
My account has not been verified yet by this site, I would like to know more about all the fees as a freelancer first. Do I only pay fees when I get paid by the client or are there some fees I pay when I get paid PLUS monthly fees.
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Mar 7, 2020 04:19:40 PM Edited Mar 9, 2020 07:12:49 AM by Preston H
re: "Do I only pay fees when I get paid by the client or are there some fees I pay when I get paid PLUS monthly fees."
It is your choice to pay monthly fees or not.
Most of us don't.
I don't.
So for me, I don't pay any fees. Unless I gat paid by a client, in which case I "pay" a percentage of what the client pays me. 20%, or 10%, or 5%.
For example, of a client pays me $100, then Upwork collects a 20% fee. And I receive $80.
You can say that "I earned $100 and paid $20."
Or you can say "I earned $80."
The net result of these two statements is mathematically identical.
Mar 7, 2020 04:19:40 PM Edited Mar 9, 2020 07:12:49 AM by Preston H
re: "Do I only pay fees when I get paid by the client or are there some fees I pay when I get paid PLUS monthly fees."
It is your choice to pay monthly fees or not.
Most of us don't.
I don't.
So for me, I don't pay any fees. Unless I gat paid by a client, in which case I "pay" a percentage of what the client pays me. 20%, or 10%, or 5%.
For example, of a client pays me $100, then Upwork collects a 20% fee. And I receive $80.
You can say that "I earned $100 and paid $20."
Or you can say "I earned $80."
The net result of these two statements is mathematically identical.