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In this video tutorial, the speaker emphasizes the importance of two key documents for freelancers: a proposal and a contract. After sharing a personal anecdote about their initial confusion over proposals, they outline that a proposal serves to formally detail the services offered and their associated costs. This document is intended to ensure clarity and alignment between the freelancer and the client, particularly if these details were previously discussed informally. The speaker, a writer by profession, plans to provide insights into creating effective proposals while mentioning they have already covered contracts in a separate video.