I’ve come across this really useful website- Get Money, Get Paid – pay rates for emerging writers. This is accurate as of May 2012. I think that if you’re a newbie freelance writer, it helps to have some kind of ballpark figure of what’s out there, instead of working yourself to the bone for peanuts.
From my experience, the budget and types of projects on Elance vary widely. Personally, the thought of churning out regular blog posts for peanuts doesn’t appeal to me. On the other hand, bidding for writing projects that pay better (sometimes, ridiculously better) is very hit-and-miss. It’s all a balancing act, and the ingredient for success is persistence, persistence, persistence.
I’m a firm believer in not selling yourself short. This is why I really enjoyed and recommend that you read 3 Excuses That Are Keeping You From A Successful Freelance Writing Career. The Renegade Writer talks about how it’s our self-limiting beliefs that prevent writers from reaching our full writerly potential, and this includes financial success.
Like many things in the world, it all starts from within. Do you believe in yourself, and your writing?