$60 per hour for freelancing? That's a LOT! I get $5 a week for allowance from my parents
You think? Lets do the math.
You sleep 8 hours a day, eat for 1 hour, and do body maintenance (shower, clean, etc) for another. So you have 14 hours a day.
If you work a 8 hours a day on weekdays, that leaves you just 6 hours a day to do "what you want", which has to include maintenance tasks like chores, shopping, cleaning, and what not. So lets just call it 5 hours a day of "what you want" time.
Now, granted, on weekends, you get a the whole day (in theory), if you don't spend any time on religion. So that brings us back those 8 hours from our day job for 5+8 = 13 hours a day.
Total free time in a week? : 25+13+13 = 51 hours.
Now, ask it this way: How much would I charge for 2% of my LIFETIME FREE TIME. Thats what it boils down to. Every hour you sell, you don't get it back. Its gone. Its spent. You look back years later and say "Where did the days go?". You sold them.
Time is the one thing you cannot replace, cannot buy back, cannot improve, and cannot bargain for. It is quite simply, the most valuable commodity in the world. The more knowledgable and useful you are, the more valuable it becomes to others.
Based on that, I've got no problems pegging my free time at $60 an hour. If anything, I'd say I'm undercharging.