There is no doubt that people are charitable. You tend to support causes that are close to your heart. It can be anything from your child’s school sports team to providing food to kids in Africa. As much as you want to contribute to these charities, your road to debt recovery should make you stop and think a minute. What exactly is the right balance of donations in your personal finances? How much is too much? Or how often is too often? If you are on the receiving end of the charitable organization, how should you handle your financial needs without burdening your contributors too much?
Tips to Find the Right Balance of Donations
Supporting several charities and soliciting your friends to financially contribute to the cause is a worthwhile mission. However, this mission needs handling with close supervision. By following a set of guidelines, consumers are able to raise funds without damaging relationships with friends and family members. Here are some tips!
Develop Your Message
Can you speak with conviction about the charity? Do you demonstrate your passion for the cause so that contributors are motivated to support you? If you are asking for donations you should be able to answer these questions with ease. You could be the person’s first impression of the organization. It could make or break the donation in question if you cannot speak well and clearly on the matter. Passion and clarity can go along way in convincing someone to donate money.
Be Comfortable Asking and Getting a Negative Response
It is usually an uncomfortable situation for your donor if you ask them for too much money or too frequently. Therefore, pace out the asking and avoid asking the same group of people all the time. While raising money for charity is notable, don’t expect every person to give. If you send a solicitation and the person doesn’t respond, don’t badger them. You never know the details of another person’s financial situation; maybe that person is struggling to get out of debt or make ends meet each month. Maintain a ‘no hard feelings’ policy and never put people on the spot. If your request is declined, thank them anyway and move right along in the conversation. This is a good way to achieve the right balance of donations.
Know Your Target Audience
You will get better results by targeting your solicitations rather than blasting your entire address book. For instance, if you know someone who is an animal lover, contact them to help raise funds for the local shelter you’re supporting.
Finances Are Not Created Equal
It’s important to understand that not everyone has the financial means to donate, no matter how worthy the cause. Try to be aware of this and introduce other ways that the friend and family member can support the charity through volunteering or helping to raise funds.
Mind Your Manners
Always send a thank you note or e-mail after a person has donated to your cause. By supporting your charitable interests, the person has gone above and beyond. Be sure to let them know that their generosity made an impact.