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In this video tutorial, the speaker addresses the common challenge of responding to a client asking for your hourly rate or project cost estimate. The tutorial provides guidance on effectively communicating these rates, emphasizing that the way you respond can significantly impact the continuation of the conversation and potentially cause anxiety. The speaker shares personal experiences, highlighting the importance of understanding your own hourly rates, which can vary depending on the nature of the work—ranging from basic tasks to more complex projects. The tutorial sets the stage for discussing two key aspects: how to state your hourly rate and how to estimate the overall project cost.