Just curious as to what Sitepoint members prefer from their clients with a pre-paid monthly budget vs hourly charging.
Perhaps I should point out that the type of clients are long-term where you will be working with them for 12 months minimum. I think definitely follow the KISS model for short term work.
potential to earn more per hour in a laid back month
easier to outsource/bring more people into the project
more decision making power to the developer in terms of how money should be spent
prepaid credit rather that postpaid compensation
potential to earn less per hour in a hectic month
more expectations and responsibility to produce results
Charge by hour:
simple get-paid-for-what-you-do system
lots of hours means lots of money
easier to put tasks off indefinitely
a quiet month means you earn FA
$xx an hour sounds like more than $xxxx a month (doesn't it?)