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    • katjenlou
    • By katjenlou 15th May 19, 11:29 AM
    • 4Posts
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    katjenlou
    Crowdfunding / Donations
    • #1
    • 15th May 19, 11:29 AM
    Crowdfunding / Donations 15th May 19 at 11:29 AM
    Hi Everyone - grateful for some crowdfunding tips.

    I'd like to create a place to raise some money for my daughter's birthday (she wants to take a course which is somewhat beyond all of our means just now). Something where family and friends can put money towards this venture as part of a birthday gift. I've been looking at various sites such as Just Giving and others but wonder if this is a fruitless task as they'll take a percentage of the monies raised, on the other hand it's easy for people to donate into.

    Does anyone have any tips? I don't like the idea of simply saving into a bank account as I'd have to give details out and then if the money was there earlier it might not be used for its intended purposes.

    Thanks in advance!
Page 1
    • jlemaitre
    • By jlemaitre 15th May 19, 3:11 PM
    • 159 Posts
    • 123 Thanks
    jlemaitre
    • #2
    • 15th May 19, 3:11 PM
    • #2
    • 15th May 19, 3:11 PM
    Is it not possible to get a job yourself, Or work extra hours(if you have a job) to provide for your family. Of course you could get a second job.

    This is the best bet for some money injection into your bank account.

    On the other hand, if you want to go, A bank can create an account in her name and she has access to, where family and friends can put money into. All they need it the acc. No and sort code. its not like it'll be a pointless task as i'd guess creating a fund me page will just pay the money into a bank account anyway(i've no idea how these pages work).
    Last edited by jlemaitre; 15-05-2019 at 3:14 PM.
    • Mrs Arthur Crown
    • By Mrs Arthur Crown 15th May 19, 3:30 PM
    • 67 Posts
    • 44 Thanks
    Mrs Arthur Crown
    • #3
    • 15th May 19, 3:30 PM
    • #3
    • 15th May 19, 3:30 PM
    Set up a PayPal money pool, then any friends or family can pop a little money in here and there. You won't be able to earn any interest on it, though.
    • katjenlou
    • By katjenlou 15th May 19, 4:26 PM
    • 4 Posts
    • 0 Thanks
    katjenlou
    • #4
    • 15th May 19, 4:26 PM
    • #4
    • 15th May 19, 4:26 PM
    jlemaitre I already work all the hours I can as a therapist and admin assistance, we're talking about a sum I don't currently have. Thanks for the suggestions otherwise ......
    Last edited by katjenlou; 15-05-2019 at 5:42 PM.
    • soolin
    • By soolin 16th May 19, 1:51 PM
    • 62,056 Posts
    • 44,504 Thanks
    soolin
    • #5
    • 16th May 19, 1:51 PM
    • #5
    • 16th May 19, 1:51 PM
    Hi Everyone - grateful for some crowdfunding tips.

    I'd like to create a place to raise some money for my daughter's birthday (she wants to take a course which is somewhat beyond all of our means just now). Something where family and friends can put money towards this venture as part of a birthday gift. I've been looking at various sites such as Just Giving and others but wonder if this is a fruitless task as they'll take a percentage of the monies raised, on the other hand it's easy for people to donate into.

    Does anyone have any tips? I don't like the idea of simply saving into a bank account as I'd have to give details out and then if the money was there earlier it might not be used for its intended purposes.

    Thanks in advance!
    Originally posted by katjenlou

    Giving out bank account details is perfectly safe and I am rather concerned that you seem worried about 'friends and family' somehow using this information against you?

    if however you mean you are actually intending to go further afield and ask strangers to contribute then it is best to use a proper site, even if a percentage is held. However, be warned that asking for donations publicly often gets picked up on slow news days and rather vilified in the press. I've seen a few instances where people have asked for public money for things and the time the press get hold of it the whole thing gets twisted and becomes something that can really backfire badly on the family.
    I'm the Board Guide for the Ebay Board , Charities Board , Dosh & Disability , Up Your Income and the Local MoneySaving-England board which means I volunteer to help get your forum questions answered and keep the forum running smoothly. However, do remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com
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    • katjenlou
    • By katjenlou 16th May 19, 4:24 PM
    • 4 Posts
    • 0 Thanks
    katjenlou
    • #6
    • 16th May 19, 4:24 PM
    • #6
    • 16th May 19, 4:24 PM
    I was just really looking for a centralised place to hold donations that was easily accessible to friends and family, without financial penalties.... intrigued that the thread has invited some interesting comments about a) my work and b) my security. Perhaps I used misinterpretable words from the off, apologies if I've confused people a little! I wasn't aware of a paypal pool so thanks for that most useful recommendation. I'll switch off replies now if I can!
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