It started with a simple enough question on slack, and then a couple of people expanded, i said the simple:
if you're asking the questions " am i charging enough?" 99% chance you are not charging enough, so start charging more.
But then Others contributed more valuable info:
Sometimes when you are starting out and you don't have a firm ground of clients to stand on pricing is your only selling point or maybe how many weekends you are willing to work ... It is not how things are supposed to be but it is how they become
I have my day job and I only partially freelance .. last month I took the conscious decision to stop on taking over demanding projects .. I have my monthly salary to fall on .. I will only take projects that are worth it
so now I already doubled my daily and hourly rate and when I am asked for a quote I add even more to that .. I want to work more on my stuff and get to the point where I will be approached because only I can do what the client wants to do
The funny thing is (in my experience and others' anecdotes) is when you think you are being risky by upping your rates, that's when you start getting busier. It's like the complete opposite result of what you've been scared of.
I thought i'd just post this here if people are searching for this info. And just to add a bit more from myself.
This is how i learnt the hard way that i was undercharging. I was working on a stressful poor paying gig, when i was contacted by someone else to do a job, but i said i couldn't because i was already working for the next 2 weeks and was on site. This has happened before, but unlike those times, where the people just left me alone, this guy kept offering me more money. The next day he emailed me offering me 3x what i was getting at this current job and it would've been WAY more fun. I of course still didn't take it, but i realized these are the jobs i would rather be doing. And by raising my rates, i was increasing my availability, so i both had more free time, but i also had more opportunity to turn down shitty jobs, since i had extra money from the higher rates. and then i used that free time to get better at what i do, learn new things and explore possibilities, which just leads to me being better, and more valuable to my clients.