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I occasionally do some contract programming if the project interests me... I've been doing some work for someone who was desperate and a friend of a friend so I gave him a lower $30/hour rate.. I would usually charge $50/hour for small projects.. More than 8 hours then I'd consider a flat rate if I was comfortable with the estimated time to completion. Even at that rate I consider it "cheap" when compared to what I used to get paid in the "real" world. But since I don't need the work I can be more picky.
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