Pricing projects is always hard

One of the most common questions I get from people wanting to become freelance Web designers is how do I set a price? It's a hard question to answer, but I found an interesting article from GoMediaZine written last fall that talks about some of the standard problems designers have when deciding how to charge. A designers guide to pricing has some things in it I don't agree with - such as only using contracts for "big" projects (if you agree with them, you should read some of the horror stories where people got stuck holding the bag when they didn't have a contract on a "little" project). But it does cover some essentials like how to pitch a project and invoicing and so on.