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I do software development on a contract basis, and I bill for every hour I work for a client. Typically, I don't do over time, but I did work on a client project a little while back that required some extra time due to unrealistic scheduling. I didn't need the money, but the project definitely needed the extra hours, and I wasn't feeling very charitable
The extra money was split between additional savings, and a home renovation project. I don't think I would want to do it often, though -- my wife complained for the first time in a long time that I was working too much! 