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Never do a flat rate for a project. Always do a day rate. Keep meter running. You will always get screwed on a flat rate and it’s getting more popular these days. Beware when someone says “We only have x amount.” Charge more than what you are worth and you will make good money. Remember, as a FL, you get squat for benefits.
E.g., my rate has to vary a bit based on whether or not there's health insurance and how good it is, right? Weird question to ask but it's reality.