Raising Money with Crowd Funding Sites?
EDIT: Can a mod move this to the off topics or relevant section? This was posted in the offline section by mistake
I've recently learned that my sister has an outstanding medical bill of around $20,000 from an accident which occurred last year which the hospital is now trying to collect; she didn't tell me about this until last week due to embarrassment and while I want to help her out I can't really make a dent in that from with my own income and haven't reached the point with my business where I can give amounts away like that...
One of the ways to motivate yourself and continue on with your goal is to give yourself a bigger reason than yourself to continue on. Many people go into IM trying to provide their families with a better lifestyle.
I would like to be able to give her part or all of that amount since trying to pay it down is driving her towards the brink but doing so with traditional IM methods would be putting a ton of pressure on myself- and than there's the shame if I can't get close to what I'd like to give her. I've been thinking about crowd funding but am not sure if that's the right way to go about it. I'm also not sure if I like the idea of many them having the policy of if the target amount is not reached within the time period you set than all of it is refunded....
Has anyone tried crowd funding sites out for raising a large amount or have raised money in a different way?
I've recently learned that my sister has an outstanding medical bill of around $20,000 from an accident which occurred last year which the hospital is now trying to collect; she didn't tell me about this until last week due to embarrassment and while I want to help her out I can't really make a dent in that from with my own income and haven't reached the point with my business where I can give amounts away like that...
One of the ways to motivate yourself and continue on with your goal is to give yourself a bigger reason than yourself to continue on. Many people go into IM trying to provide their families with a better lifestyle.
I would like to be able to give her part or all of that amount since trying to pay it down is driving her towards the brink but doing so with traditional IM methods would be putting a ton of pressure on myself- and than there's the shame if I can't get close to what I'd like to give her. I've been thinking about crowd funding but am not sure if that's the right way to go about it. I'm also not sure if I like the idea of many them having the policy of if the target amount is not reached within the time period you set than all of it is refunded....
Has anyone tried crowd funding sites out for raising a large amount or have raised money in a different way?
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