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7 Ways To Raise Funds In A Fun Way

7 Ways To Raise Funds In A Fun Way
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Unfortunately, many fundraisers face a problem: They’re uninteresting. Nobody these days likes to be bored. Here are a few helpful tips you can use to make your own fundraiser actually fun!

1. Know Your Market

Above all, there’s no point having a fundraiser if what you’re selling isn’t sellable. No matter what your cause is, if what you have to sell at the fundraiser isn’t something people want to buy… Your fundraiser will fall flat on its face.

So get to know your market. Know the community of the town you’re setting up shop in. The key here is communication: let people know how much you want each person to donate, what your cause/product is, etc. Turn on your marketing cap and build incentives for people to show up for a day of fun.

2. Bake Sale

Yes yes, bake sales are tried and true. For $10 you can buy a whole cake. For $1 you can buy a cupcake. You know the drill. So, put a new spin on this traditional fundraising device by hosting a bake race!

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Just like those “chef off” shows you see on TV, where cooks make a meal within allotted time, you can have your bake sale bakers make their treats right in front of everyone! In good racing fashion, whoever makes their cakes, cupcakes, etc. the fastest…

You pick the prize reward. It’s your show! I’d personally suggest that the “winner” gets to dump a bucket of ice water on the “losers.” (For an added twist, get blindfolds for everyone. It’ll be disastrous and hilarious.)

3. Take your volunteers and helpers out for a bite or drink

Nobody likes doing stuff for free – even if it is for a good cause. Taking out your volunteers and helpers out for a meal or an after-hours drink is good friendship. Aren’t you happy when someone treats you to a meal?

This consideration builds good morale and increases the likelihood the group will work with you again. My spouse has a friend who has no qualms being our ride to the grocery store (since we don’t have a car). He knows we’ll treat him to Burger King or buy a bottle of wine for his help and patience. (It’s no fun sitting in a car, waiting on other people.)

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4. Use fun incentives

Have you ever watched the blockbuster DeCaprio flick Wolf Of Wall Street? In it, Jordan Belfort launches a billion-dollar stockbroker firm. In order to raise even more money, he holds a kooky fundraiser: if the company can raise $10,000, one of his assistants will shave off her luscious blonde locks.

Extremes like this fuel our human need for new experiences. You don’t need to go to this extreme, but using it as a selling incentive makes your fundraiser a lot more fun. Get crazy with it: Dye organisers’ heads purple if everyone raises $5,000. Raise $200 in order to see volunteers get pied in the face.

There’s no limit to the amount of exciting things you can do with this. Let your imagination run! (Imagine how you can use a street carnival for raising funds!) You can even rent a theatre screen and host a movie night in the park.

5. Create fun completion activities for your staff

Similar to the last tip, this one involves everyone (without “humiliating” them). It’s simple: raise X amount of dollars in however much time. If the goal is met, everyone gets to play sports in a water balloon fight. Or, to increase selling incentives, the group (or person) who sells the most gets tickets to go rollerblading, kayaking, or some other fun activity that gets the juices flowing.

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An even crazier idea: You’re riding a bike. Every single dollar buys you another minute of ride time. You can ride up a hill or up a mountain to make it really fun for people. Think of fun activities everyone might like to participate in when the fundraiser is over.

6. Be Memorable

The key to a successful fundraiser is to be unexpected. Dazzle. Amaze. Inspire laughter and feel-good emotions. This day an age, most people lead dormant, dull lives. One way to change that? Set a costumed theme and pick a sport. Dress donators and workers up in Halloween costumes and have everyone play a short game of softball.

Or dress everyone up as Captain Jack Sparrow (or another trendy character) and have a sack race. Whatever you decide to do, remember: each sport has an entry fee. People who donated $20, for example, can dress up as Captain Jack Sparrow and race. People who donated $30 can dress in their favourite Halloween character and play softball.

It will be goofy. It will be hard to play like that for long. And it will be so, so funny to see. Making your fundraiser memorable and more likely to pick up word-of-mouth sponsorship. (I’d personally like to see people who donated $50 to dress up as Sumo wrestlers and play volleyball. Or, just have a Sumo wrestling contest! There’s almost nothing you can’t do.)

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Even as something a small as coordinating your event/party around a Holiday helps a lot.

7. Gaming

Legendary YouTube entertainer Markiplier regularly hosts fundraisers (he’s raised over $482k to date). He’s raised $81,000+ for depression and bipolar disorder, and raised $70,000+ for a children’s research hospital. How? By hitting up Livestream and doing what he does best: making people laugh and love as he games.

Run along the same lines as him and set up gaming “booths” for people who donate $10-50 (or however much you decide). Everybody I know lives and breathes games (me included). When we aren’t working? We’re on the PS3.

Last Thought

If you want your fundraiser to stick out among the many, many fundraisers out there… Just remember to think out of the box. Don’t be afraid to be exciting and make a fundraiser to remember.

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Featured photo credit: pixabay.com via pixabay.com

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Last Updated on July 20, 2021

Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

Financial Freedom is Not a Fantasy: 9 Secrets to Get You There
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Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

Break Free of Your Finances

Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

Though it seems hard to believe, it is really very simple to get financial freedom.

To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

1. Stop Unnecessary Spending

We often spend money inwardly, instead of objectively.

For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

To stop this habitual spending, log down all your spending over the course of a month.

Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

2. Plan a Monthly Budget

This is a great opportunity to get serious.

Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

3. Cut-up Credit Cards

Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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If not, you may want to consider ridding your life of the burden that credit cards bring.

Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

4. Increase Savings

There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

It’s good practice to save up to 15% of your income.

Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

5. Invest Wisely

Consider investing in funds.

Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

6. Invest in Gold

There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

Another way to invest in gold is through ETFs (Exchange Traded Funds).

These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

7. Stash Emergency Funds

Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

Make it hard to get your cash.

Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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8. Find Fabulous Mentors

Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

9. Be Extra Patient

Patience is the key of financial success.

Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

Financial Freedom for All

Anyone can achieve financial freedom, regardless of their financial circumstance.

Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

Featured photo credit: rawpixel via unsplash.com

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Reference

[1] Hartford Gold Group: IRA Retirement Accounts

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