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18 Comments

  1. It is such a shame that hardworking people that pay for insurance still have to pay out of pocket. The company I work at had insurance ten years ago that paid for everything and now it hardly covers anything.

    This is a great article. I never thought of crowdfunding before. What a great idea.

    1. Stephan Zev says:

      Thanks for commenting James! Indeed, insurance coverage has changed a lot in recent years.

  2. Wow- I had no idea that there were so many crowd funding sites. Honestly I think it is a really great idea, if used properly. I have seen some ridiculous stuff on GoFundME. Most people never think it will happen to them, having large medical expenses that is. But you never know. I think sites like these can be a real life saver for people.

    1. Stephan Zev says:

      Thanks Scott! Indeed, medical expenses can hit you out of nowhere…

  3. ThadMBrown says:

    There’s no question that the medical insurance everyone knew and understood has changed. Our companies premiums have increased 35 – 50% this year alone. I’ve always believed that working with a higher thought in mind – giving back – is the surest way to success and applaud you for your dedication to resolving a very real and unaddressed problem. Thanks for your insights.

    1. Stephan Zev says:

      Thanks Thad, appreciate your comment.

  4. Matt's Mom says:

    I never really knew what crowdfunding was. I thought it was some sort of …. don’t laugh ….. stock buying program. I see now this would work great for any kind of fund campaign I think. I am not good at trying to raise money from people I know, but I suppose if I had a huge medical treatment that was going to cost a large sum of money, I would do it. Great advice on how to get going and which company to go with!

    1. Stephan Zev says:

      Thanks for commenting Leahrae! Crowdfunding can literally be a life saver to many!

  5. I’ve heard of the concept before but I never tried doing it because I don’t have a worthy cause to fund to. Medical expenses are definitely one of the more painful expenses in the world and hurts countless people’s finances. For this reason, I think crowdfunding is a really good idea to help solve that.

    There are many applications for this, not just for medical expenses, but also for businesses, projects, or funding a charity. But since people are going to hand over their hard-earned money, TRUST is very important in this kind of venture.

    1. Stephan Zev says:

      Hi Dominic, yes, crowdfunding has been blowing up in recent years, especially in health where it’s particularly helpful.

  6. Vertical Veloxity says:

    This is some very detailed but easy to read information on a very important subject. Thanks for taking the time to create this post. By following this very good advice I believe people will eventually see great results.

    Of course it is going to take a little work and might even need a little help but it is all worth it in the end. People want to help for a great cause. This is a great outlet.

    1. Stephan Zev says:

      Thanks for the compliment 🙂

  7. I think you gave some really great ideas to raise money for medical fees. You never know who will want to donate if you don’t ask. Medical expenses put such a damper on your ability to live a debt free life. I hope others take advantage of the opportunities listed here.

    1. Stephan Zev says:

      Thank you Liz.

  8. Antonis Christonasis says:

    Hello Stephan!

    The last few months I’ve been thinking about ways to save money for medical expenses that might occur in the future. They say it’s better being safe than sorry and I truly believe that. However, sometimes illness hits your door unexpectedly and that’s a huge problem. Crowdfunding seems a good way to raise funds and I really liked the idea of having a blog to update the people who helped you raise the money you need!

    1. Stephan Zev says:

      Thanks Antonis, I’m glad you found the article helpful 🙂

  9. Beth Hofmann-Davies says:

    Hi Stephan,
    Thanks for the great information and encouragement! I have fibromyalgia/chronic pain etc and I am working as a nanny for a fairly demanding family and I do a lot of dishes and cleaning at work as well. I also take care of my mom (who’s in a wheelchair or bed all the time and lives with us) and needs a lot of physical and mental help when I’m home. I’m finding it harder and harder to do it all. Do you think nannying is a good profession for me? I feel I need to change jobs but have a limited skill set. I’d like to do art and graphic design for a living but have no formal training. I’m at my wits end. I think I’ve been avoiding facing the truth and not sure how to change my situation. I feel that I don’t want to give in to my pain but maybe it’s time now. Opinions, advice? Thank you, Beth ????

    1. Hi Beth, thanks for the compliment. I don’t know whether nannying is right for you or not as it really depends on your condition. But in regards to developing a skillset for something like graphic design, that’s absolutely do-able. My advise is to take some online classes on Udemy.com and Craftsy.com and then practice as much as you can on your own. Then I’d set up a profile on Fiverr.com and start offering your services there for a low fee until you start to get some traction and repeat clients. After a while, you’ll be able to charge more for your design services. Setting up shop on Freelancer.com is another possibly but I’d probably start with Fiverr first. Eventually, you can offer you services directly through your own site and go from there. Anyway, you most certainly don’t need formal training if you plan to work for yourself (getting a full-time job, however, is another matter). Clients care about the end-product, not where you went to school. Hope that helps!

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