Simple Funding Ideas for Your Medical Expenses

Let’s face it; medical bills can cost a fortune. Depending on the kind of care or surgery that you need, you might end up with a bill that costs tens of thousands of dollars. It’s no wonder that so many people avoid seeing their doctor or going to a hospital at all costs. However, you can’t run away from health issues forever.

Eventually, you may find yourself in a position where you need to find some extra cash to care for your health. Fortunately, there are plenty of creative ways that you can find the money that you need to pay for your medical bills if your insurance just doesn’t cover what you need. Here are a few ideas to get you started.

Host a bake sale

Bake sales are one of the most delicious classic fundraiser options available. Everyone loves an opportunity to buy some freshly baked treats for a good cause, so get everyone in your family involved and bake up a storm! Make sure that you advertise your upcoming bake sale in advance to recruit other people in your area to come and check out what you have for sale.

Clear out the attic

You’d be surprised how many of us have valuable items gathering dust in our cupboards, our attic, and other parts of your home. If you’re keen to make some extra money to put towards your medical expenses, ask your friends and family to help you clear out your house and look for things to sell in the meantime. Not only will you make some extra cash, but you’ll reduce your home’s clutter factor too.

Rethink your life insurance

There are more ways to use your life insurance than you might think. Check out your life insurance settlement options and see whether it might be possible to claim the money that you’ve gathered or sell your policy ahead of time to make some extra cash. You can always start saving towards your life insurance again once you’re back on the mend. Have you done research on hra vs hsa insurance?

Launch a crowdfunding campaign

Crowdfunding is a fun and popular way to get support from people all over the world for your medical needs. Explain your condition on your “GoFundMe” page, or a similar website, and share the link to your funding page as far and wide as you can. Don’t forget to get the people you know involved in sharing the link too. Every little bit of extra cash you earn will make a big difference, so encourage people to give whatever they can.

Host a walkathon

If you’re healthy enough, consider asking people to sponsor you to walk a certain distance, or have your friends and family do the walking for you. This can be a great way to give your loved ones a bit of extra exercise or get the whole community in your local area involved when it comes to raising money for an expensive surgery or a life-threatening condition. Just make sure you try and host your walkathon in the summer, or at a time when the weather should be good!

WE SAID THIS: Some tips and tricks to help you cover your medical expenses.

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