5 Nontraditional Ways to Fund Your Next Project

5 Nontraditional Ways to Fund Your Next Project
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    Repairing the playground equipment in the local park or installing safety equipment in your home for an aging loved one can be costly if funding is not available through public or private means.


However, there are other financial resources you can consider when trying to get your project funded. Here are a few less common ways to raise money when you need it.

Online Fundraising

If you have never tried crowdfunding before, you may want to give it a try. Registration is usually easy, and it’s a good way to get attention for your project. Similar to other social media, you may be able to add background music, a video, or photos depending on the platform to promote your idea and your expertise.

The best practices crowdfunding sources often recommend are to use descriptive language, inform friends and family so they can participate, and consider giving a prize like a gift card or valuable item you no longer need to one or more donors who give the top level amount that you can set, like a hundred dollars.

Market Your Skills

Chances are you have several skills that are marketable. From woodworking to dog training, you may be able to offer your services locally to earn extra cash.

You may be able to offer a training class for your expertise at a nearby school or retail outlet that sells products related to your skill area, such as cake decorating or landscaping.

Even if you don’t charge a fee for your workshop, you may be able to line up several prospective customers that will hire you.

Author a Blog

With decent writing skills or the help of an affordable editor, you may be able to publish a blog or be a guest editor on other blogs, which can pay fifty dollars or more per post. Your own blog may attract sponsorship when you reach a certain number of viewers, adding another income source. Check out the free blog spots to learn more.

Become a Personal Assistant

Many busy people would love to pay someone to be a personal assistant temporarily or permanently. Working from home as a virtual assistant, you could plan meetings, schedule appointments, and arrange drop-off or pickup times for laundry, kids, or pets.

In person, you can run errands, do shopping, and transport family members as needed. There’s a good chance that you’ll have flexible or irregular hours with this sort of job, while still making good pay. You’ll be able to earn money quickly while having time to work on your project.

other valuable tips:

Consider Handyman Work

Being able to change light fixtures, paint a room, or fix a broken chair leg may land you all the work you can handle. Some folks are too busy or unknowledgeable about basic repairs and will gladly pay for your assistance. Unless an urgent problem comes up, you will likely be able to set your own hours.

With possible income streams like these, there may be one or more that can help you earn the cash needed to fund your new project without having to resort to getting loans from a bank.

Image Credit: fund next project by Pixabay

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