Team FAQ: this question comes up often, so we've answered it below. Add your own experience, or a different view, in the comments.
Pricing the first project is stressful. Which model is safer?
Team FAQ: this question comes up often, so we've answered it below. Add your own experience, or a different view, in the comments.
Pricing the first project is stressful. Which model is safer?
For your first projects, hourly (or small fixed-price milestones) is usually safer.
Hourly
Fixed price
A good middle ground for beginners: fixed-price milestones.
Whatever you choose:
To work out what to charge, use how to set your rate as a remote developer. To bill properly, see how to invoice international clients.