Flat Rate vs. Hourly Billing, which one is best for designers?

There is an epic battle waging in the mind of every freelancer who makes the decision to go out on their own.  Should I charge my clients hourly or flat rate?  How can I continue to make the money I feel I deserve while still being fair to my clients?  Spencer from LabSecrets offers some sound advice.  You can find his original post here.

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