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Time management software?

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At the moment, I often work on a 'per hour' basis, but I'm very bad at recording my hours on paper. I'd like some very simple software that would allow me to select between three or four projects, and start and stop a timer so that I can keep track of my hours.

I've seen something called 'Four Four Time' which is pretty much what I wanted, but £50 seems quite a lot of money to invest. Does anyone know of any good alternative?

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